Could a tenant delay their removal? Although I have yet to come across this particular situation I do wonder how long before enterprising tenants test the new legislation to avoid or delay being removed from a property. A tenant could try to avoid eviction by deliberately damaging...
The current legislative system which deals with rogue landlords, I believe is current inadequate and failing to deter those landlords who choose to prey on the less fortunate. One of the suggestions I have seen mentioned is a national database covering all housing-related convictions. Not quite...
Issues with renting As a landlord, you have certain rights and responsibilities. If you are buying a property for a second/holiday home or buy-to-let, you will need to know your obligations in law, and also how you are protected. Disputes can easily arise with tenants and you...
Changes in buy-to-let stamp duty The Treasury’s Spending Review and Autumn Statement released today, informs us of a new set of rates for buyers of residential property for rent and for second homes. As from April next year, stamp duty rates will increase by 3% for buy-to-let...
Buy-to-let mortgages at highest level since 2007 The figures from banks and building societies show that the number of buy-to-let mortgages, taken out by landlords purchasing properties, has risen to its highest level in more than seven years. According to data from the Council of Mortgage Lenders...
It is interesting that just over 40% of tenants would to pay more rent if they were allowed to add a more personal touch to their rented property. Landlords could increase their return on investment if they managed the process correctly, especially for long term tenants. A...
We have been conducting an informal poll amongst our landlords. We do this to help identify how we can support them. One of the biggest concerns is the recent reduction by the Government to the landlord’s buy-to-let tax relief to the 20% basic rate. 58%...
We have recently read that the government plans to provide new funding to crack down on more rogue landlords, to tackle the rising problem of some landlords taking advantage and renting out buildings that are clearly not suitable. The governments Communities secretary Greg Clark stated that...
It seems some tenants are over stretching themselves when it comes to renting properties. The proportion of rent arrears soared to 9.9% of all rent payable in August, according to Your Move and Reeds Rains. A further survey by the Post Office found that 45% of tenants...
We recently read a research report from Rentify on the current state of private renting in Briton. Private rent now mean Londoners spend half of their pay to have a roof over their head, the highest proportion in the UK, with the average rent in London...