Page 838 – Property118

Appealing canal side student development in Chester

19th June 2013

Located next to the picturesque Shropshire Union Canal and Bridge Lock, this canal side student property development consists of just 36 en-suite student rooms spread across 2 separate blocks. It is located just a short walk to all of the universities and the city centre and will definitely be an extremely attractive accommodation option for […]

Landlord power can and will get Deposit Protection rules clarified

19th June 2013

The potential implications of the ruling that a Statutory Periodic Tenancy is a new tenancy, according to the Court of Appeal ruling in Superstrike Ltd vs Rodruigues, has reverberated around the industry at lightening speed. Every popular landlord forum, blog and Facebook group has carried articles and thousands have been motivated to express concern. Indeed, […]

The impact of bedroom tax and housing benefit reforms

18th June 2013

The impact of the bedroom tax and reforms to housing benefit – has this led to more impoverished renters? One of the greatest concerns for tenants with the reforms is being able to manage their finances from a weekly to monthly basis and having to deal with taking one, in many cases reduced, payment in […]

Council of Letting Agents (Scotland) announcement

18th June 2013

Scottish Association of Landlords (SAL) directors are pleased to announce the appointment of Kathleen Gell as convenor of the newly formed Council of Letting Agents (CLA). This new division of SAL aims to support and represent the interests of SAL letting agent members.

Birmingham City Council – “We support good landlords”

18th June 2013

Birmingham City Council have sent a strong message to landlords who let in the city – “We support good landlords” Senior officers of the city council have been in discussions with the West Midlands Regional Representative  of the National Landlords Association (NLA)  since 2011 when HMO licences were about to come up for renewal but it was […]

Why auctions are an excellent way to sell tenanted properties

17th June 2013

Auctions are an excellent way to sell tenanted property because auction rooms attract investors. A key benefit from the sellers perspective is there is no requirement to decant tenants, thus ensuring rental revenue right up to the point of sale and removing costly void periods. Keeping tenants in situ also has the added benefit that […]

Deposit Protection Providers call emergency meeting following Court of Appeal Ruling

17th June 2013

Mark Alexander, editor and founder of Property118 tweeted the Deposit Protection Providers last night highlighting his fears on the ramifications of the Superstike vs Rodrigues Tenancy Deposit Protection Court of Appeal case. They are calling emergency meetings. See the response below and read their interim press statement. @iamalandlord Hi, here is our official statement with […]

Precise Mortgages launch Bridge to Let product

17th June 2013

The intermediary only lender Precise Mortgages has today launched the Uk’s only true Bridge to Let Product for development and refurbishment BuytoLet projects. If  you take out a Bridging loan with Precise Mortgages you will now be able to switch it into one of their Bridge to Let products (effectively a Buy to Let loan) […]

Superstrike Ltd vs Rodrigues Tenancy Deposit Protection Court of Appeal

16th June 2013

My reading of a recent Court of Appeal ruling (Superstrike Ltd vs Rodrigues) is that thousands of possession orders may have been granted in error due to lack of clarity in Tenancy Deposit Protection legislation. What’s worse is that the vast majority of landlords may have inadvertently broken the law and face bankruptcy! Scary stuff hey?! […]

Fine & Country vs Spicer Haart legal dispute – Court of Appeal ruling

14th June 2013

The Royal Courts of Justice The Court of Appeal upheld the judgement that Spicerhaart were guilty of “passing off” and had infringed Fine & Country’s registered trade marks by adopting and using the FINE brand. Lord Justice Lewison upheld Mr Justice Hildyard’s decision that Spicerhaart had knowingly taken a risk in trading on the coattails of […]

Filthy tenants miss out on new freebie boiler

14th June 2013

Seeing is believing! These pictures tell a thousand words.     I recently managed to get an ECO grant for several of my houses to get a brand new boiler fitted free under the Affordable Warmth scheme. However, the fitters refused to enter one of my properties due to the state of the place as […]

R.I.P. Geoffrey Cutting – former NLA President

14th June 2013

R.I.P. Geoffrey Cutting, President of the National Landlords Association. Property118 readers and landlords throughout the UK will be devastated to hear that Geoffrey Cutting, the NLA president passed away yesterday (13 June 2013) aged 88. He is survived by his wife Barbro, two of his four children and three grandchildren. Geoffrey Cutting was a modest and pragmatic […]

Property deals to be done in Salford Manchester

13th June 2013

Salford has a strong rental demand; professional workers like the easy access to the City of Manchester and there continues to be strong rental demand from Salford university students. Students tend to like renting 2 or 3 bed properties near Salford University and one area that seems to be popular with students is the M3 […]

Tenancy agreements – Essential information

13th June 2013

So you have sourced your ideal tenancy agreement and have found a suitable tenant.  Lets take a look at the information you need to put in your tenancy agreement. The property It sounds obvious, but you need to correctly describe the property being let.  This is particularly important if you are renting a room in […]

Who is responsible for the Tenants rubbish?

13th June 2013

I have a Housing Benefit tenant who bags up her domestic rubbish and then throws it into the back yard of the property to join the old three piece suite in there as well. Despite my numerous requests to desist this behaviour she persists in doing this.

shawbrook

Second charge BuytoLet loans via Shawbrook

12th June 2013

I received an email today from Shawbrook outlining their Secured BuytoLet Loans which on first glance I nearly ignored as I normally do for other second charge lenders. On second thought though it struck me that I get a lot of questions from readers who would like to raise equity, but either do not want […]

Letting Agent in Oxford – Ask Me Anything

12th June 2013

My name is Mark Crampton-Smith, I am a letting agent in Oxford – “ask me anything” I am a member of ARLA, SAFEagent and The Property Ombudsman redress scheme. I am also a landlord. I am responsible for letting and managing nearly 400 units, of which 170 are HMO’s Please feel free to ask me […]

Taking over the management from my agent

12th June 2013

Hello all, Ive recently taken over the management of some of my houses from a letting agent. I’ve received monies which are the tenants deposits with instruction from agent to put in a Deposit protection scheme. Can I use these deposits as “rent in advance”. Would I need to have new shorthold tenancy agreements? Thanks for […]

Consent to let dilemma

11th June 2013

Can you help me with my “Consent To Let” dilemma please? I own a small property portfolio, 4 buy to let property, one property I own as tenants in common with my grandfather (no mortgage on this property) and one residential property that I currently reside in (since Sept 12). Due to changes in my […]

Is landlord licensing a pointless exercise?

11th June 2013

It’s time for me to share some controversial views on why I believe landlord licensing to be a pointless exercise I think. Now don’t get me wrong, I hate the fact that a very small minority of bad landlords have earned our profession a bad reputation. However, it appears they might be a necessary evil […]

Tenant Information Pack – Scotland

11th June 2013

Since 1st May 2013 landlords in Scotland have had a new statutory obligation to give new tenants a Tenant Information Pack, before the start of the tenancy, setting out key information about – the status of the tenancy the tenancy agreement the property the landlord the landlord’s and the tenant’s responsibilities Responsible landlords and agents […]