5 Top Tips to Starting a Tenancy
Starting a tenancy doesn’t have to be difficult. To give you a helping hand, we’ve put together some of our top tips for starting a tenancy for landlords. These tips include providing the right documents to tenants, protecting deposits, and doing the right checks on tenants, check out my video for the full details. Following […]
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Fraudulent Agent Avoided Prison Sentence
The following story is an example of how fraudulent agent avoided a prison sentence. It is based on a real case which Property118 Action Group were involved in. We cannot divulge names for reasons which will become apparent when you read this article. As you may be aware, Property118 Action Group helps lifetime members who are… Read more
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Grimsby HMO landlord jailed and fined
A Grimsby landlord has been jailed for “cutting corners” and deliberately putting his “wealth” before the “safety of tenants”, the judge said. He was, according to the judge, “wholly money-orientated” and “woefully inadequate” in his duties – and it was only by “good fortune” that nobody died in a serious fire at one of his […]
… LandlordZONE.
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Confused about changes in tax relief on mortgage interest
When the Chancellor first released details of the changes to taxation for buy to let landlords, it was implied that they would only make a difference to those paying the higher rate of tax. Then it became apparent that, by the time it was fully implemented, all landlords would be restricted to an allowance of… Read more
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SubLet Insurance
SUBLET INSURANCE is needed by any landlord that does not have directly enter into a tenancy with a person who is paying rent to somebody else to live in one of their properties. Let me explain further: if you have an agreement with a housing association, company or individual that rents the property to a third party tenant… Read more
The post SubLet Insurance appeared first on Property118.com.
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RLA research used in new accidental landlord report
Research conducted by the Residential Landlords Association has been used in a new report looking at the impact of ‘accidental landlords’ on the PRS. The report, entitled ‘The impact of accidental landlords on the private rented sector’, was written by property expert Kate Faulkner and funded by the TDS Charitable Foundation. In it she quotes […]
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Valuation by lender surveyor cost me £25,000
When the valuation by a surveyor for the existing bank is substantially lower then market expectation. Force to get a second valuation which is in line with market expectation but with a different lender. Having approach the first lender and complained about the surveyor valuation and I gave personal facts etc. They were all ignored…. Read more
The post Valuation by lender surveyor cost me £25,000 appeared first on Property118.com.
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The criminalisation of landlords by Durham Council
Every landlord should sit up and take note of the prosecution and conviction of Nichola Barker. Durham council prosecuted a law abiding citizen Mrs Barker for not having a reference for her tenant, when the tenant took up occupancy of the said premise. Mrs Barker had indeed demanded a reference however the tenant had not… Read more
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Significant rise in ltd company loan applications
There’s been a significant rise in the number of limited company mortgage applications, a trend which is claimed suggests that up to 40% of buy-to-let loans may be requested using limited companies by the end of 2016. Buy to Let Club, which claims to be a market leader and innovator in the buy to let […]
… LandlordZONE.
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Licensing plan for Bournemouth landlords
Bournemouth Council is considering new plans to introduce selective licensing.
Under proposals mooted this summer the council is planning to introduce some form of licensing in Boscombe and the surrounding areas as part of the work of the Boscombe Regeneration Partnership.
The post Licensing plan for Bournemouth landlords appeared first on RLA Landlord News Hub.
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