Newham Council has completed stage one of a grandiose plan to licence 35,000 buy to let tenancies.
The Labour-led council wants to become the first to achieve the milestone and is looking to extend a pilot scheme in the neighbourhood improvement zone of Little Ilford that has seen 257 licences issued. Continue reading London council wants to licence 35,000 buy to lets
Beds in sheds landlords are the target of a new government campaign to crack down on shoddy housing.
Housing minister Grant Shapps is spearheading the battle against the spread of ‘suburban shanty towns’ by injecting £1.8 million into a fighting fund for nine councils. Continue reading Task force targets criminal ‘beds in sheds’ landlords
Buy to let landlords filed nearly 6,000 claims to evict tenants in the first three months of the year, according to the latest Ministry of Justice figures.
County courts handle around 65 new cases every day and lawyers are concerned that backlogs will cause financial problems for landlords as strikes and work-to-rules by public sector workers and delays as courts trim lists during the London Olympics. Continue reading Landlords ask courts to evict 65 tenants every day
This week’s edition features Ben Reeve-Lewis at the Property Investors Show, a challenge from Mark to Tony Robbins, Vanessa Warwick tackles tenant referencing and Neil looks at some completed finance deals. There’s plenty in the news too with regulation, Newham
Continue reading Property118 Landlords Newsletter – Issue 112
Housing minister Grant Shapps has accused Newham Council, East London, of ‘playing politics with peoples’ lives’ over a radical plan to shunt homeless families out of the capital because benefit caps do not allow them to move in to local buy to let properties.
The council has a housing waiting list of 32,000 people and claims cuts to housing benefits mean tenants can claim a monthly allowance of between £250 for a one-bedroom flat and £400 for a four-bedroom property. Continue reading Newham council wants to traffic tenants out of London
Whilst there were only 50 delegates at the event the speakers were all very high profile. The debating panel included CEO’s from ARLA, the NLA, The Property Ombudsman and Sir Robin Wales, the Mayor of Newham who sparked off controversial debates surrounding his plans to introduce compulsory licencing for Newham landlords (read my thoughts below the video). The feedback after the event has been tremendous with interest from the press and many tweets such as Continue reading The Great PRS Licencing Debate
A cash-rich housing association is looking to buy to let to generate funds for social housing.
Thames Valley Housing Association has bought 63 flats to rent to young professionals in Epsom, Surrey, and plans to sink another £200 million in to further private rented property. Continue reading Fizzy hopes bubbly buy to let profits will boost social housing
A landlord moved his tenant lover in to his home while she carried on fraudulently claiming benefits for his buy to let.
The pair conned the local council out of £20,000 in housing benefits, council tax and income support.
Mandy Huskisson, 44, pleaded guilty to four fraud offences at Runcorn Magistrates Court. She was given a six-month community order and ordered to repay £19,661 in overpaid benefit. Continue reading Landlord and his Lover Conned £20,000 in Benefits
A London council has set up the first local authority full management lettings agency for rental homes in the capital.
Harrow Council has run a property finding service for tenants but is extending the service to manage homes for landlords. Continue reading London Council Opens Letting Agency
A landlord who defied planning laws to convert three houses in to houses of multiple occupation (HMOs) has been stripped of £112,500 in rents by a judge.
Piara Singh Sehajpal ignored planning rules and turned three houses in 16 letting rooms and rented them out at £800 a month each. Continue reading Judge Strips HMO Landlord of £112,500 Illegal Rents