HMO landlord Lookman Adeyemi has been jailed for four months and ordered to pay £10,000 costs after admitting flouting fire safety rules after a blaze that killed a 29 year old mum and her three year old daughter. The unlicensed shared house in Milton Keynes was set alight in an arson attack against another tenant […]

The April 6th deadline is looming, so we’ve pieced together a round-up of the impending changes for landlords regarding deposit protection and EPCs. HMO Landlady returns to tell of the chaos that ensues losing your mobile phone, as well as the latest news from Nationwide, the Ombudsman, Experian, HMRC and much more.

We have seen interest free credit cards and financing for TV’s, sofa’s and even cars but we never expected to see this in the buy to let property sector. What’s more, the facilities come with a free valuation, no arrangement fees and no early repayment charges. There is a catch though. Funds are extremely limited […]

This article ponders on how tenant/landlord communication has changed over the years. It was sparked by a conversation with my daughter’s father over her seemingly rude texts last weekend. Her: “Don’t forget my £5 next weekend” Him: “Please don’t be so rude, I have your money and simply forgot to hand it to you on […]

Letting agent Helen Gregory has been expelled from The Property Ombudsman scheme after a rent row with a buy to let landlord client. Her firm Beechwood Property Portfolio, in Bakewell, Derbyshire, was dumped from the scheme after failing to resolve a dispute with the landlord over persistent late rent payments.

Demand for buy to let lending has dropped for the first time in two years, according to the latest Bank of England lending survey. Specialist landlord lenders told the Bank that they expect the figures to be a blip and the market will quickly recover from the slight fall.

Homeowners face more misery as house prices dropped back for the first time in six months as the stamp duty holiday for first time buyers ends. The fall signals the start of an expected slow decline in house prices as first time buyers race to complete a purchase rather than holding off until later in […]

Tax inspectors are obviously finding tax too taxing, despite HM Revenue & Customs claims to the contrary over recent years, as hundreds are due to go back to the classroom for extra lessons. HMRC says the aim is to make staff more professional and to help them handle difficult investigations better when they line up […]

The UK’s millionaires are set to up their investment into property according to the latest Millionaire Monitor form Skandia. Of the 436 millionaires questioned, 55% said they were going to invest in more property. More leaned towards residential investment too, with 31% saying they were going to invest in residential property and 24% interested in […]

Renters who flatshare won’t be affected by their housemates who fail to pay their rent and bills following complaints from tenants to Experian. After announcing the plans for a rent payment profile for tenants, those on shared tenancy agreements were going to be linked, impacting each other’s credit score.

With rents still continuing to rise, insurance provider LetRisks is urging to buy to let landlords to ensure they are in a position to cope with rising arrears and evictions. All figures relating to arrears and evictions appear to be the rise. The number of tenants with two months or more arrears increased by 11,400 […]

Renters in London need to earn around £52,000 to let a buy to let home, according to figures from homeless charity Shelter. The charity reckons 65% of non-home-owning Londoners have given up hope of buying a property in the neighbourhood where they live.

Landlords maximising income from buy to let properties by leasing their roof space to firms generating energy from solar panels are warned that they need to comply with mortgage lender guidelines. Many landlords are installing solar panels that offer tenants cut-price power while siphoning off excess energy for an income under the feed-in tariff.

The latest round up of news features the reaction to the National Planning Policy Framework from around the buy to let industry, a strong open letter to Grant Shapps about the work and influence of Shelter and the penultimate edition of the LHA Expert. There’s also news of a landlord in trouble for a lack […]

Pictures are great, but there’s no substitute for a good description when it comes to inventories according to the Association of Independent Inventory Clerks (AIIC). The before and after photos that fill inventories should always be accompanied by a “clear narrative as to what the photo is showing”. Photos, they say, are mainly for reference […]

LHA Top Tips for landlords. Article 7 in a series of 8 If prevention has failed the next best thing is speedy resolution. Be organised. Know when your rent or rents are due and what date you are expecting top-up payments. Never allow arrears to mount up before taking action.

The government needs to take action to protect consumers by regulating unscrupulous letting and estate agents, urges the Royal Institution of Chartered Surveyors. RICS slams the current self-regulating regime as ineffective, complicated, inconsistent and fragmented. Instead, says the organisation, the government should a impose a single regulatory framework for residential property aimed at protecting consumers.

Following the release of the amended draft of the National Planning Policy Framework, reaction has been fairly positive. The streamlining of rules, culminating in 1000 pages being reduced to a more succinct 50, include a return to focus on developing brownfield and town centres as opposed to greenfield development. Councils already with a local plan […]

*Property118 is not in any way aligned with Kazuri nor Farah Damji, but we believe questions should be raised about the funding being poured into Shelter and Crisis to work with private landlords when they have done and continue to do so much to damage the reputation of the Private Rented Sector. We believe this […]

Buy to let entrepreneurs can only finance around a quarter of the £200 billion investment needed in property over the next five years – leaving a massive shortfall in homes, according to new research. Unless institutional investors, like pension funds, fill the breach, the UK will not have enough homes to meet demand regardless of […]

A landlord who told a court he misunderstood shared house rules was fined £1,000 for failing to licence his property and fit fire safety equipment. Anton McLoughlin, 47, thought he did not need a house in multiple occupation licence because although six tenants lived there, he had divided the property into three separate flats.