Browsing all articles from November, 2016
Nov
25

Government sets out comprehensive housing plan

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Following the announcement in this week’s Autumn Statement, the government has set out a comprehensive housing plan that will address the needs of people at different stages of their lives, ensuring, they claim, that “the housing market works for everyone, not just the privileged few.” The Autumn Statement detailed investment of over £7.2 billion in […]

LandlordZONE.

View Full Article: Government sets out comprehensive housing plan

Nov
24

Previously a Conservative voter!

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I have traditionally voted Conservative but I would be unable to vote for them if there was a general election next week due to recent changes in BTL taxation. I would like to understand how many other readers of this forum feel the same way and what their intentions are, the next time they get… Read more

The post Previously a Conservative voter! appeared first on Property118.com.

View Full Article: Previously a Conservative voter!

Nov
24

Land Registry privatisation plans cancelled by Government

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Following a consultation the Government has cancelled plans to privatise the Land Registry and will instead keep it as a publicly owned organisation. The Government has indicated that the Land Registry should become more focused on digital data driven registration saying “modernisation will maximise the value of HM Land Registry to the economy and should… Read more

The post Land Registry privatisation plans cancelled by Government appeared first on Property118.com.

View Full Article: Land Registry privatisation plans cancelled by Government

Nov
24

Sectioned tenant ripped out pipes and now wants to come back?

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I have what I think is a strange circumstance. My tenant has ripped all the pipes out of the water supply during a psychological fit, he has been sectioned, but will want to move back within a couple of weeks. This is the second time he has done this, the first time I repaired the… Read more

The post Sectioned tenant ripped out pipes and now wants to come back? appeared first on Property118.com.

View Full Article: Sectioned tenant ripped out pipes and now wants to come back?

Nov
24

Will Freeholders Consent To Let Fees Be Banned?

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I have a readers question of my own for a change!  Given the Chancellors announcement in his Autumn Statement that agents will not be allowed to charge fees to tenants, does this mean that freehold management companies will no longer be able to charge us fees (as long leasehold tenants) for consent to let? Thoughts… Read more

The post Will Freeholders Consent To Let Fees Be Banned? appeared first on Property118.com.

View Full Article: Will Freeholders Consent To Let Fees Be Banned?

Nov
24

Extra Tax On Landlords Will Hurt Agents More Than Chancellors Ban On Tenants Fees

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Letting agents who are arguing about the ban on charging fees to tenants are still failing to recognise this isn’t the biggest threat to their business. In a survey launched by Property118 “The Landlords Union” within minutes of the Chancellor delivering his Autumn statement nearly 500 landlords voted within 18 hours. Initial findings are that 53%… Read more

The post Extra Tax On Landlords Will Hurt Agents More Than Chancellors Ban On Tenants Fees appeared first on Property118.com.

View Full Article: Extra Tax On Landlords Will Hurt Agents More Than Chancellors Ban On Tenants Fees

Nov
24

Renters' Rights Bill 2016

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Another Private Rented Sector related Bill to pass through Parliament in recent months, this time to make provision for the “rights of renters” was introduced by Liberal Democrat Peer Baroness Olly Grender on 23 May 2016. It is a Private Members’ Bill which was started in the House of Lords. The Bill is making progress […]

LandlordZONE.

View Full Article: Renters' Rights Bill 2016

Nov
23

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

The post Foxtons Share Price Crash appeared first on Property118.com.

View Full Article: Foxtons Share Price Crash

Nov
23

Industry Comments on the Autumn Statement

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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

Nov
23

Experts Comment on the Autumn Statement

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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

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