We have seen numerous recent changes to the property sector, with several new housing policies affecting the private rented sector, including longer tenancies, boosting the supply of much needed housing and plans to clamp down on rogue landlords, most of which have been accepted. However, from...
The Property Ombudsman making things better or worse I came across this news item from the Property Ombudsman following its ruling, the letting agency has closed its office, leaving landlords and tenants high and dry. Now as much as we work very closely with both letting agents...
We have noticed that several of our clients from London and the south are now looking to the northern areas of England for future buy to let purchases. With places like Sheffield Leeds and Bradford quite high in their sites. This reflects the survey that was...
We have recently received several phone calls from new landlords who have bought properties with existing tenants in the property and within six months the tenant has stopped paying their rent. Most tenants are trying to claim that the property have maintenance issues and are...
Over the festive period, I have been carrying out some research on the landlords that use our services to either evict tenants or chase for rent arrears. It is clear from the feedback they have given that over 90% of landlords for one reason or...
We have started to notice a small trend in the increase in private landlords that are now choosing to manage their own properties rather than use a letting agent. With so many companies now offer bespoke services such as tenant eviction, reference checks many are...
The government have given the Bank of England’s Financial Policy Committee more control over the buy to let mortgages. This could result in buy-to-let landlords paying thousands more in interest on their mortgages. This is due to a new rule which will be introduced in...
Landlords won’t be able to rent tiny bedrooms anymore Of course, what constitutes tiny. However, is it good that a minimum standard will potentially be set. The current legislation will only to apply to properties in England, the legislation is being driven by the current Housing and Planning...
It is nice to finally read about some good news for Landlord. An appeal court has recently ruled that buy to let landlords are not responsible for paying the council tax on a property after a tenant has moved out before a tenancy agreement has...
Will Donald Trump generate a London property boom? Are wealthy American property investors now looking to exit their home country and take advantage of the current strong dollar against the sterling. This could now make Britain especially London as an attractive alternative to investing in...