Should an Estate Agent / Letting Agent have Client Money Protection (CMP) insurance and do the General Public understand (or care about) the risks associated with dealing with an agent that doesn’t have any CMP in place? If an agent does want to implement Client Money Protection Insurance – how easy is this to do? Continue reading Client Money Protection – a letting agents dilemma
Landlords are not the heartless profit seekers exploiting vulnerable tenants in shoddy housing that they are often purported to be, according to new research.
In fact, most tenants are more than pleased with their rented accommodation – with almost 8 out of 10 telling the National Landlords Association (NLA) that they are satisfied with their homes (79%). Continue reading Smug landlords win seal of approval from tenants
Calls to boost buy to let by upgrading pensions to include residential property are gathering momentum in Parliament.
An influential select committee of MPs is urging the government to streamline pension and tax laws for landlords to stimulate investment in private rented housing. Continue reading MPs urge ministers to open pensions to buy to let
Tenants on housing benefits are struggling to rent buy to let homes as landlords withdraw from the market.
The market is set to deteriorate further over the next three years as huge numbers of landlords say they will stop letting to tenants on benefits. Continue reading Landlords drop housing benefit tenants as cuts bite
Our most popular article to date in terms of both debate a viewers was the prospect of the EU regulation of buy to let and how it would affect the UK markets.
The whole issue of buy to let regulation has been hot news over the last few days with Nationwide specialist lending arm “The Mortgage Works” having released the video debate below and also the announcements from the National Landlords Association which are featured below TWP’s video.
Continue reading Buy to Let regulation – The EU and CARRP
Norwich based HMO Landlords are today celebrating a victory of the Eastern Landlords Association “ELA” in terms of persuading Norwich City Council that their 660% increase in HMO licencing fees was totally unreasonable.
Last year Norwich City Council increased the Licence fee for Houses of Multiple Occupation from £270 to £1900, Continue reading HMO Landlords in Norwich Celebrate ELA Victory on Licencing Fees
Tenants are trying to exploit human rights laws to stop paying rent and block evictions, warns the Residential Landlords Association.
The RLA is concerned that a case waiting to go before the Appeal Court will leave landlords unable to reclaim their buy to let properties if renters breach tenancy agreements. Continue reading Tenants try to block eviction under human rights laws
Rows of unsightly “To Let’ boards outside buy to let homes could be banned if MPs vote in favour of a proposed new law.
Some cities already have local planning rules limiting the size, colour and number of boards, but Newcastle East MP Nick Brown wants to extend the law nationwide. Continue reading MP campaigns to ban ‘To Let’ boards
As has been outlined in previous communications, the deposit rules change from 6 April 2012. The most important change is that from that date where a deposit is taken, it must be protected in one of the three Government approved schemes, and the Prescribed Information provided within 30 DAYS. This is an absolute time limit, and failure will mean that no Section 21 Notice can be served. We have heard that there are some unscrupulous agents that have been advising that the legislation is retrospective, and offering, at a fee to help landlords. This is not the case. If anyone comes across such tactics, please advise the office. Landlords need not worry, but please be very much aware of the new rules. Continue reading Eastern Landlords Association April 2012 NEWSLETTER
As councils across the country ramp up their campaign against student landlords and houses in multiple occupation (HMOs), the Residential Landlords Association and leading property solicitors claim tougher planning rules may not prove to be the answer to controlling shared homes.
The issue is a technical problem that may not be settled until a council rejects a planning application for a small HMO and the landlord takes the matter to appeal in front of a planning inspector. Continue reading HMO landlords wait for article 4 test case