News

ignoring the deposit scheme
Feb 02 2016

Is it worth the risk?

We have received a few phone calls this month from Landlords concerned about protecting a tenants’ deposit and the potential consequences of failing to do this correctly. We thought we would do a little digging and it seems that despite all the information about securing...

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landlord punished
Jan 08 2016

Another landlord punished

It was with disbelief that over Christmas I read that a landlord had illegally evicted their tenant and left their belongings in the garden.   The landlord who is based in Birmingham, carried out a threat of changing the locks at the rental property. The tenant...

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removing tenants
Dec 30 2015

Could tenants abuse the new law

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...

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Dealing with Rogue landlords

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...

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Issues with renting
Dec 09 2015

Issues with Renting

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...

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changes in stamp duty
Dec 09 2015

Changes in buy-to-let stamp duty

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...

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Buy-to-let mortgages at highest level since 2007

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...

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Should you let your tenants decorate
Nov 23 2015

Should you let your tenant decorate

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...

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Read our latest news for landlords
Nov 17 2015

Landlords considering throwing in the towel

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%...

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