Foxtons Share Price Crash
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Major letting agents including Foxtons and Countrywide saw sharp falls in the value of their shares in response to the Chancellors announcement that legislation is to be created to make it illegal for letting agents to charge fees to tenants. However, there one agent has reported their best day ever for new landlord enquiries! Chris Sheldon…. Read more
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Industry Comments on the Autumn Statement
Andrew Ellinas, Director, Sandfords (estate agent in Marylebone and Regents Park) “The news that the government is banning letting agents fees to tenants as soon as possible and that landlords should meet those fees, has left me struggling to see how that’s fair. Granted there are some letting agents charging unreasonable fees, but on the whole tenants have […]
… LandlordZONE.
View Full Article: Industry Comments on the Autumn Statement
Experts Comment on the Autumn Statement
Andrew Ellinas, Director, Sandfords (estate agent in Marylebone and Regents Park) “The news that the government is banning letting agents fees to tenants as soon as possible and that landlords should meet those fees, has left me struggling to see how that’s fair. Granted there are some letting agents charging unreasonable fees, but on the whole tenants have […]
… LandlordZONE.
View Full Article: Experts Comment on the Autumn Statement
Disappointing Autumn Statement for Landlords
It was a disappointing day for landlords with yet another blow to the private rented sector, with Philip Hammond’s announcement in the Autumn Statement to ban letting agent frees paid by tenants. In his Autumn Statement, the Chancellor said he was taking action against ‘spiralling’ unregulated fees charged by agents – will pass the fees onto landlords […]
The post Disappointing Autumn Statement for Landlords appeared first on RLA Campaigns and News Centre.
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Autumn Statement 2016 – Tax Changes
BREAKING – When George Osborne was fired a naive part of me hoped the new Chancellor of the Exchequer would reverse some of his cruel policies. Here I’m not talking about the swingeing cuts in Government spending – those are all absolutely vital to tackle the colossal debt mountain (it’s heading towards £2 trillion in […]
… LandlordZONE.
View Full Article: Autumn Statement 2016 – Tax Changes
Autumn Statement 2016 – Landlords Reactions
Chancellor Phillip Hammond delivered his Autumn statement today. No doubt there will be much discussion amongst landlords and letting agents yet again. And the good news for private landlords and their agents is ….. drum roll ….. errr ……. NONE! Did anybody really expect a repeal of the legislation that will remove mortgage interest as a legitimate… Read more
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Letting agent fees ban will drive up rents says housing minister
Plans to ban letting agent fees paid by tenants expected to be announced today will increase market rents according to the Housing Minister. Gavin Barwell MP said in September in a tweet responding to a call for a ban: “Bad idea – landlords would pass costs on to tenants via rent. We’re looking at other […]
The post Letting agent fees ban will drive up rents says housing minister appeared first on RLA Campaigns and News Centre.
View Full Article: Letting agent fees ban will drive up rents says housing minister
Rent Smart Wales Enforcement begins
Today (23rd November 2016) is the day when Rent Smart Wales enforcement begins. If you are a landlord or letting agent who rents out property in Wales you could face civil and criminal prosecution if you are not registered and licensed (if applicable) with Rent Smart Wales. If you are not registered or licensed, you […]
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LendInvest launches in Manchester
LendInvest, the award-winning online mortgage lender, has taken the next step to become a nationwide lending business, with the appointment of its first Business Development Manager (BDM) for Northern England. Damien Druce, a BDM with over ten years’ experience in mortgage sales, will source deals in the Northern England property market and build LendInvest’s profile […]
… LandlordZONE.
View Full Article: LendInvest launches in Manchester
Sale of communal parts approval process?
I am a leaseholder of a property with a share of the freehold whereby a number of the leaseholders(& share of freeholder) wish to purchase certain sections of the communal parts – eg. basement vaults & well areas and the top flat wants to buy the roof void. Please can you let me know on… Read more
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View Full Article: Sale of communal parts approval process?
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