Page 584 – Property118

Right to Rent Judicial review permitted by High Court

7th June 2018

The High Court yesterday permitted a Judicial review of the governments controversial Right to Rent legislation which forces landlords to take on the responsibility of customs/border officials. The Joint Council for the Welfare of Immigrants (JCWI) is claiming that forcing landlords to check tenants have the right to reside in the UK during the tenancy […]

Letting agent unwilling to release deposit to me?

7th June 2018

I have two properties in Wales. One I manage myself and the other, up until now has been managed by a letting agent. I decided some time ago to take over the management myself and duly gave 3 months notice to the letting company that I wished to do so. At that time I also […]

Registration live for June 14th National Landlord Investment Show at Olympia

7th June 2018

National Landlord Investment Show is heading back to London Olympia on June 14th. Due to the success of the March show at London Olympia which seen over 4,000 UK portfolio Landlords in attendance we are delighted to be back at this fantastic iconic venue for our 57th show since our launch in 2013. The Olympia […]

PDPLA Donates £500 To Section 24 “Billboard Campaign”

5th June 2018

Martin Silman, Chairman of Portsmouth & District Private Landlords Association “PDPLA” said: “The Portsmouth & District Private Landlords Association (PDPLA) represents around 500 landlords in South East Hampshire and exists to educate, inform and represent its members. We support the Section 24 billboard campaign as apart from the impact on our members, we know the […]

Essential Market Report by Mark Edwards

5th June 2018

Despite Brexit uncertainty and a slump in economic growth¹, the UK property sector is seeing annual house price of 2.2% however “Housing demand has softened in the early months of 2018². London was the only region to experience house price falls. Prices in the capital were one percent lower than a year ago, the first […]

GMB Union warns business and blames policy not landlords!

5th June 2018

The GMB Union conducted a research study on the average rental costs of 2 bed flats in England compared to wage rises during the period 2007 to 2017. Overall rents have doubled compared to wages with increases of 18.2% for rental costs over the period compared to wage inflation of just 9.8%. The average cost […]

Thunderstorm damage demand by leaseholder?

5th June 2018

With the last weekend’s thunderstorms and rain, water leaked into the 1st floor flat and I am owner occupier below on the ground floor. The rain water didn’t effect us, but now and then gutters do not cope with the rain. it happened last year once as well. A leaseholder is demanding payment for a […]

Evicting wife of tenant not on the agreement

5th June 2018

How do we go about evicting a “tenant” who was not on the Tenancy Agreement? Our original tenancy agreement was made with the husband (he is married and lived with his wife there and has a son, now aged 13 also in the house), but his wife was not on the original tenancy agreement, only […]

‘Rumble with the Agents’ raises over £16,000 for Cherry Lodge Cancer Care

4th June 2018

On Thursday 24th May 2018 ‘Rumble with the Agents’, an annual white-collar charity boxing event held at The Holiday Inn Finchley Central, in association with Landlord Action and sponsored by Hamilton Fraser, raised £16,300 for Cherry Lodge Cancer Care. The night saw ten property professionals, with little or no previous boxing experience, from companies such […]

Magnifying glass focusing on the word “refund” on a wooden background

Tenant claiming deposit paid to agent who went bust 6 years ago?

4th June 2018

In July 2006, I bought a 2 bedroom flat and leased it out to a company called London Housing Solutions (LHS). This company was featured on channel 4 in 2013. They sub let it and paid me a guaranteed rent each month in arrears. I did not receive a deposit. In 2012, the company went […]

Right to Rent faces court battle

4th June 2018

The Joint Council for the Welfare of Immigrants (JCWI) is bringing a case to court this week claiming that forcing landlords to check tenants have the right to reside in the UK during the tenancy is causing serious discrimination against immigrants who do not have a British passport. It has always been claimed by landlords […]

Council tenants causing uproar in neighbourhood!

4th June 2018

Our property has been let directly to the local authority with consent for them to sublet to house temporary residents. The contract states that the local authority is responsible for the sourcing of the tenants and the management of the property during the term of the contract. Upon letting the property we were informed a […]

AgencyInsider – Is He A Real Estate Agent or An Impostor?

3rd June 2018

By “Home Provider” Is “AgencyInsider” an estate agent who doesn’t remember the past and makes sweeping assertions without evidence or is he an impostor who doesn’t know the past and makes sweeping assertions without evidence?  Please vote Agent or Impostor below. Last week Property Industry Eye published an article about the dramatic reduction in BTL […]

Warning – HMRC Scam Phone Calls

1st June 2018

A warning from our accountants Pacific Ltd. We have received reports of client’s receiving automated telephone messages which state that HMRC are filing a lawsuit against them.  The communications may include an amount of money that is owed and encourage you to telephone a number to make a payment. THESE TELEPHONE MESSAGES ARE A SCAM. […]

New luxury retirement retreat in Wye Valley

1st June 2018

Lindors is a new luxury retirement retreat based in the Wye Valley area of Gloucestershire. Wye Valley is one of the most dramatic lowland landscapes in Southern Britain and is an Area of Outstanding Natural Beauty that covers 128 square miles from Mordiford near Hereford in the north, to Chepstow in the south. Throughout 2018 […]

Section 24 hits our Armed Service men and women

1st June 2018

Military personnel who rent their homes out whilst stationed away are being hit by the Government’s Section 24 tax hikes on private rented housing. A report by the Royal United Services Institute said 59% of married members of the armed services own their own home and for those who rent this out when they are […]

Court action for repossession following probate?

1st June 2018

I am very worried and hope that some of the property 118 members can advise me. Long story short: I inherited a property from a close family member when she died. Pending and since probate was obtained I have continued to make all the mortgage payments (interest only mortgage) on the property out of my […]

Spike in landlords leaving PRS

31st May 2018

ARLA Propertymark April Private Rented Sector (PRS) report. Landlords selling their buy-to-let In April, letting agents saw the highest number of landlords selling their buy-to-let (BTL) properties since records began in 2015. The number of landlords exiting the market rose to five per branch, up from four in March In March, the figure rose for […]

Crowd funding and technology are changing property investment

31st May 2018

After two successful crowd funding projects, which were aimed at planning gains and considered to be high risk, we are happy to say that the success and the test of time delivered results which led to all investors being paid back with a profit. In my opinion crowd funding has a very strong place and […]

Planning permissions for extended HMO Licensing?

30th May 2018

In October mandatory licensing is being extended to include all 3 storey HMO’s and all HMO’s with 5 or more occupants living there as 2 or more households. This affects small HMO’s eg student houses. Unfortunately I will now have to get a couple of properties licensed.   The application for my borough asks if you have planning permission […]

405 Right to Rent fines issued by Home Office

30th May 2018

Figures from the Home Office indicate 405 fines have been handed out to landlords in total during the government’s ‘hostile environment’ crack down on illegal immigration (see diagram to the right). The total cost of these penalties to landlords came to over £265,000. This makes the average fine approximately £654. However, penalties can range from: […]