The Queen is leading the Olympic rental gold rush by letting out part of the grounds of Kensington Palace to the Russians.
Westminster Council is considering an application for a hospitality village on the site – and the Queen will bank a £250,000 deposit plus an undisclosed rental. Continue reading Queen Leads the Olympic Rental Gold Rush
Having written my article on the predicted downside of renting during the Olympics I thought I had better provide a bit of guidance for landlords on how to avoid getting ripped off.
Foreign sports tourists are also open to abuse simply because they don’t know London or the way things work in the UK. Already many scams abound, using a major online property website who I obviously won’t mention for legal reasons but I’m sure you all know who I am talking about. Continue reading Avoiding being ripped off by the Olympics
People who are thinking of letting during the Olympics should be aware that it is a criminal offence to let a London property for less than 90 Days without permission.
Landlords will risk fines of up to £20,000 and a criminal record if they do not get planning permission to let during the Olympics.
Following on from Ben Reeve-Lewis’s article, here is my warning to London Landlords and Agents. S.25 of the Greater London Council (General Powers) Act 1973 provides (as amended by s.4 of the Greater London Council (General Powers) Act 1983):- Continue reading Landlords Warning – London Olympics 90 day lettings law