Robin Pilley invests into HMO’s (Houses in multiple occupation) in the Haverhill area and regularly achieves up to 16% yields, he is also a Director of CXG Property Services, which is a Letting Agents and Property Sourcing Company. As these yields are so good we’ve asked Robin to share his story in a four part series. This is the fourth article in that series. Continue reading Spotlight on Robin Pilley, HMO investor – Part four of a four part story
The number of private renters is increasing while home ownership is in decline, according to the latest housing survey for England from the Department for Communities and Local Government. Continue reading Buy to let market doubled in a decade
The latest Supreme Court case in to tenant rights may mean landlords may not be able to evict tenants who run up rent arrears or behave badly to neighbours. Continue reading Judges block eviction that mars a tenant’s human rights
The BBC has launched another story about substandard buy to let homes and ‘rogue landlords’ – but just who is covered by the tired old cliché?
The UK has about 3.5 million buy to let properties and houses in multiple occupation (HMOs) that are let by private landlords. Continue reading BBC has a cheap bash at landlords yet again!
Welfare Minister Lord Freud has pledged to look at the problems caused by tenants who refuse to pay their landlords and “play the system” to live rent free.
Speaking at the British Property Federation’s Residential Conference, Lord Freud said government would consider landlords’ concerns over issues around tenant debt.
Figures last month revealed that £276 million of rent went unpaid in the private rented sector in December alone. Continue reading Minister pledges to help with housing benefit rent arrears
Private landlords may have to bear in mind their tenant’s human rights before they can evict them, according to the latest court ruling.
Lawyers are likely to thrash out the implications of the case that could undermine a landlord’s ability to repossess a property in the New Year. Continue reading A tenant’s human rights can stop an eviction, rules a court
The new universal credit for housing costs may still leave private landlords out on a limb over rent payments.
The proposed new rules will replace local housing allowance with a housing cost element of the universal credit system.
But the outline proposals are not clear over who gets the payment – the landlord or the tenant. Continue reading Will landlords benefit from universal credit?
A proposed new law requiring buy to let landlords to provide a wired-in fire alarm in their rental property has failed to gain support in parliament due to fears over cost.
Liberal Democrat MP Adrian Sanders claimed his private members bill would save lives and prevent injuries in fires every year. Continue reading £500 million cost for buy to let fire safety is ‘too much’
Almost a third of buy to let landlords would like to add more letting homes to their portfolios to expand their businesses to meet soaring tenant demand.
Half of landlords are reporting surging interest from tenants in the last quarter, while seven in every 10 expect the demand to continue for the coming year. Continue reading One in three landlords want to buy more homes to let
The mortgage squeeze is a double-edged sword for buy to let landlords as rentals surge but borrowing restrictions mean they cannot buy more homes to rent out. Continue reading Record demand for rental homes as supply dries up.