Page 549 – Property118

Humber Landlords Association lose High Court battle

13th March 2019

The Humber Landlords’ Association (HLA) supported by the RLA and NLA has unfortunately lost its High Court battle with Hull City Council. Hull City Council is the only authority in the UK to implement a policy scrapping an informal improvement notice procedure, replacing it with a formal notice which means that should a tenant report […]

Support abolition of Leasehold replacing with Commonhold

12th March 2019

I attended a residents association meeting with our local MP Friday evening, discussing the problems we are having with our management company. Apart from the local issues which are serious, we managed to get buy-in from our MP Ed Vaizey to support the abolition of Leasehold in favour of Commonhold, which he agreed to speak […]

Haringey Council additional HMO licensing

12th March 2019

Between 11 December 2017 and 5 March 2018 Haringey consulted on a borough wide Additional Licensing Scheme for Houses in Multiple Occupation (HMO). As with most other new schemes Landlords will be required to have a licence if they rent to three or more people from two or more households starting 27th May 2019. The […]

Number of empty homes is actually increasing!

12th March 2019

THE Government needs to bring forward tax measures to address the scourge of empty homes as new figures reveal an increase in the number of homes without anyone living in them. According to figures out today, between October 2017 and October 2018 the number of empty homes in England increased by almost 30,000 from almost […]

Landlords are worth more than double Tescos in tax

12th March 2019

New research by the National Landlords Association (NLA) has found that the estimated total Income Tax contribution by private landlords exceeds £3.8bn annually, which is more than double Tesco’s entire annual tax bill and 62 times Amazon! The research found that, assuming typical deductions are made for regular maintenance, finance costs, and miscellaneous legal and […]

Dream tenants threatened by Housing Trust shared fencing issue

12th March 2019

Since my husbands recent death I am sole owner of a three bed terrace rental house in an estate in a northern town. The tenants one could only dream of having, they are excellent. The left side fence has been falling down over a period of weeks, my tenants have made numerous calls to the […]

Be a guest of Mark Smith (Barrister-At-Law) – Nottingham

12th March 2019

Our Hon. Legal Counsel, Mark Smith, Head of Chambers at Cotswold Barristers will be presenting an overview of several landlords tax strategies at the pin Nottingham Meeting property networking event Tuesday 19th March 2019. The event will start at 6:00pm until 9:00pm and will be free for guests of Mark Smith that have not previously […]

A guide to dealing with mortgage arrears

11th March 2019

If you have missed payments and built up mortgage arrears on your property then it’s important that you act quickly. Too often too many people take the ostrich approach to financial matters. However, this is too important an issue to ignore as not dealing with mortgage debt could result in your home being repossessed. We […]

All bills included with an asterisk on the electricity?

11th March 2019

We are planning to renovate a 2 bedroom flat with all electric heating (possible wall heaters in each room) and an electric hot water system. Each en-suite would have electric showers so a hot water system would only be required for the taps in the en-suites and kitchen sink. Could anyone advise us on the […]

Labour want German style indefinite tenancies

11th March 2019

Labour Shadow housing secretary John Healey has gone one further than the pledge in their manifesto of 2017 of committing to make all PRS tenancies a minimum of a three year term. He would like to see ‘German style’ tenancies of indefinite length introduced as a matter of default upon the PRS to increase renter […]

Objections to Notice of Estimates for major works

11th March 2019

I am a leaseholder and we have a Section 20 major works project with 2 plans, one of which is much cheaper. It is not essential works either, but now we have a price. If a resident objects to the cost is that enough to stop the more expensive project? Am I right in saying […]

FREE MONEY FOR LANDLORDS!

11th March 2019

Following the success of our article Big Incentives to Assist with Housing Crisis we have given away THOUSANDS of pounds in FREE money to landlords as a combination of grants and incentives. We have a new list of eligible properties (see below). The scheme offers grants for property improvements, up front incentive payments and immediate letting […]

A tenant from hell can make or break you as a landlord

7th March 2019

Last month, during filming for the next series of ‘Bad Tenants, Rogue Landlords’ (due to air on Channel 5 later this year), we carried out an eviction in Cardiff. Although Landlord Action features in a programme with the term ‘rogue landlord’ in the title, I’m a little tired of the phrase being bandied about so […]

Mitigating risks of renting to students

7th March 2019

With more than 17,000 UK students facing rent arrears what should landlords who target this tenant be doing to mitigate the risk? Statistics state that the number of students that have been evicted from halls of residence have doubled over the past year rising from 40 to 97. Average rent for students The average UK […]

Halifax House Price growth at 2.8%

7th March 2019

The Halifax House Price index for the three months to the end of February has been released today and were 2.8% higher than in the same three months a year earlier. An increase from the 0.8% annual growth rate recorded in January. The average house price is now£236,800. Russell Galley, Managing Director, Halifax, said: “House […]

Stoke-on-Trent back off landlord with 37 properties!

7th March 2019

Stoke-on-Trent City Council has introduced compulsory selective licensing for all landlords in an area of Fenton. However, the Council seem to have set a precedent or admission by saying it was not in the public interest to force a landlord in the area to licence all 37 properties of his properties at a saving of […]

Night shifts vs access requests for viewings

7th March 2019

My landlord has given me notice as he wants to sell the property I am renting. I will be leaving in 2 months at the end of my fixed term contract. My AST has a clause which allows for viewings with 24 hours notice at ‘reasonable’ times of the day. My question relates to what […]

Home Office to appeal High Court Right to Rent ruling

6th March 2019

The Minister of State for Immigration, Caroline Nokes announced the Home Office rejected the Judge’s ruling against Right to Rent and indicated the government were ready to challenge the decision through the Court of Appeal. The Minister said: “In the meantime, the provisions passed by this House in 2014 remain in force. There are no immediate […]

The best luxury one-bed units secured for investors

5th March 2019

Our latest off-plan development is ideally situated just outside the city centre of Nottingham and we are delighted to have secured readers the best luxury one-bed units for the fantastic price of £104,995, with yields of up to 6.6%. All of the properties also come with a parking space! Our nominated letting agent, Joe Knowles […]

DPS and TPO giving contradicting advice and reviews?

5th March 2019

In a ‘nutshell’ Purplebricks letting agents have made a mess once more.  This time at a DPS adjudication, by again going against my clear instructions, when they entered a claim against the former tenants for the rental arrears, which were due to their early termination of the “fixed term” tenancy, but ironically they DID NOT […]

Warning signs highlighting tenancy fraud risks for landlords

Suspected falsification of employment reference?

5th March 2019

I have just let out two properties in the London area through 1 agent to 2 tenants. The agent provided us Veri Check reference check, employer reference, and passport IDs. However, after I received the tenant’s contact info, something looked odd so I went back to double check the reference by contacting both employers of […]