Browsing all articles from May, 2016
May
16

Landlowners face record fly-tipping costs

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Private landowners are face increasing costs and fines as fly-tipping reaches one million cases every year. Record levels of illegal fly-tipping reported this week are likely to lead to an increased burden of costs to private landowners in removing the waste, claims VPS, a leading property management specialist. A government report just issued estimates that […]

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View Full Article: Landlowners face record fly-tipping costs

May
16

RLA calls for energy efficiency targets to be pushed back

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The RLA is calling for the Government to delay bringing in new energy efficiency targets for the PRS – warning the move could see rents shoot up.
View Full Article: RLA calls for energy efficiency targets to be pushed back

May
16

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RLA trainer and Universal Credit expert Bill Irvine returns with information about new problems arising through the Government’s new Universal Credit welfare reforms. He highlights issues with tenant mandates and data sharing rules – plus the potential impact of cuts to benefit payments if tenants break their claimant commitment.
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May
16

Councils warned on second-homes debate

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Councils are being urged not to rush into placing restrictions on second home ownership, as debate around a controversial new scheme in Cornwall escalates. Commercial property lawyer Lisa Evans, from leading law firm Kirwans, has spoken out following the decision by residents in St Ives, Cornwall, to ban outsiders from buying new-build homes unless they […]

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View Full Article: Councils warned on second-homes debate

May
16

Lending taps into permitted development opportunities

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Landlords looking to new opportunities as the tax rule changes bite into conventional buy-to-let. Converting unused office space and light industrial units to suitable housing units, usually as flats or Houses in Multiple Occupancy (HMOs), is one of the Government’s objectives to alleviate the housing crisis, without encroaching on the green belt. The Government’s pledge […]

LandlordZONE.

View Full Article: Lending taps into permitted development opportunities

May
14

Airbnb being abused for long term lettings

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Homeowners are abusing holiday lettings site Airbnb by illegally offering properties to rent long term.
They are using the site to avoid the legal responsibilities of renting out property by advertising it as a holiday let on Airbnb and similar sites.
View Full Article: Airbnb being abused for long term lettings

May
13

Controversial Housing Bill given Royal Assent

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Criminal landlords and letting agents can now be banned from renting out homes after the Government’s controversial Housing and Planning Bill was granted Royal Assent yesterday.
Under the new act a blacklist of landlords and letting agents operating illegally will be drawn up – with the new legislation also including the power to serve them with six-month banning orders – with fines of up to £5,000 if they are breached.
View Full Article: Controversial Housing Bill given Royal Assent

May
13

Khan’s promised rent controls for London?

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Newly elected London Mayor, Sadiq Khan, has long promised some form of rent control for the Capital and according to reports in the FT, surprisingly, the policy may get some support from parts of the property industry. Currently most Londoners are paying in the region of just under half of their take home pay on […]

LandlordZONE.

View Full Article: Khan’s promised rent controls for London?

May
12

Landlords think there will be less money in BTL

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There are mixed messages coming from the industry press about Buy-to-Let: on the one hand the figures are showing a surge in rental property sales in the first quarter of 2016, more landlord investment that there’s been for some time, on the other, reports are coming out that landlords are losing confidence in the profitability […]

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View Full Article: Landlords think there will be less money in BTL

May
11

Sadiq Khan is the new London mayor – but what does this mean for landlords?

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Sadiq Khan has been named the new London Mayor after beating closest rival Zac Goldsmith last week – but what does this mean for our landlords in London?
Khan has clear plans for the future of housing in the capital – of particular note to the Private Rented Sector proposals for the introduction of the London Living Rent and landlord licensing
View Full Article: Sadiq Khan is the new London mayor – but what does this mean for landlords?

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