Mar
2

Another Council Abandons Selective Licencing Proposals

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Only a few weeks ago we heard the Telford and Wrekin Council had abandoned their proposals for Selective Licensing of landlords due to overwhelming feedback advising against it.

Clearly these Councils can be persuaded against the introduction of Selective Licensing if enough people take the time and effort to explain the alternatives.

The post Another Council Abandons Selective Licencing Proposals appeared first on Property118.

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Mar
2

Landlord Law Conference 2018 – the easy way to get up to date with the law

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Landlord Law:

As you will know if you have been reading the LandlordZONE® news postings – there are going to be quite a few legal changes this year.  And that following on from several years when we have had a succession of new rules and procedures – and new penalties!

It’s not surprising that landlords are feeling bemused by it all.  How can you possibly keep up?

One solution is the Landlord Law Conference, sponsored by TDS.  It’s a serious training event with ten talks from property professionals and legal specialists on important topics – but it’s also a really good day out!

So, you can listen to talks explaining about how to avoid problems with section 21, or rent to rent, or dealing with your deposit disputes – and also have a great time networking with other landlords and letting agents and chatting to the speakers and exhibitors. Not to mention the hot buffet sit down lunch!

The Conference is an annual event and this year we are going back to Sprowston Manor Hotel & Country Club as it proved such a great venue last year.  It may be a little off the beaten track, just outside Norwich, but Norwich is only two hours away from London by train, or if you want to drive, the venue has free parking!

If you are at a distance – why not stay over for a few days?  Norfolk is a fantastic place to visit plus the hotel has its own golf course, swimming pool and spa, as well as two restaurants and bars.

People love the Conference.  It is a very friendly event.  If you attend you will come away feeling uplifted and full of confidence about the law and what you need to do to be compliant (and also where to go to find out more).  Plus you will have the Conference Handbook with detailed speakers notes to help you remember it all.

So, what are the Conference details?

The Conference in a Nutshell:

Date: 18 May 2018

Venue: The Sprowston Manor Hotel & Country Club just outside Norwich

Price: £216 (£180 + VAT) per person (discounts available for bulk bookings)

Price includes:

  • Attendance for 10 x 30 minute talks (giving you 5 hours CPD),
  • Welcome refreshments on arrival and in the morning and afternoon comfort breaks
  • Sit down hot buffet lunch  (most special diets catered for)
  • Free wi fi
  • Free parking at the venue
  • Conference handbook with speakers notes

For more information visit www.landlordlawconference.co.uk

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Landlord Law Conference 2018 – the easy way to get up to date with the law | LandlordZONE.

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Mar
2

Temporarily Switch Residential Home to BTL

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We’re buying a new home to live in ourselves & have therefore been trying to sell our current main home. This is taking longer than we wanted and we’re on a timeline as the builders for the new home set the exchange and completion dates according to their build schedule.

The post Temporarily Switch Residential Home to BTL appeared first on Property118.

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Mar
2

Scottish letting market reacts to new tenancy laws with rent increases

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Rent Increases:

Rent costs in Scotland have rocketed in January following the introduction of new tenancy laws last December 1st.

According to ARLA Propertymark research, around half (44 per cent) of Scottish tenants have seen their rents increase in January, a figure that contrasts sharply with the national average of increases affecting around just one-fifth (19%) of tenants.

These findings from ARLA Propertymark’s network of letting agents in Scotland come following the introduction of the new Private Rented (Tenancies) (Scotland) Act on 1st December 2017.

The letting agents’ professional body says that this highlights “a market reaction to indefinite tenancies and the potential for rent controls.”

David Cox, Chief Executive, ARLA Propertymark says:

“Rent controls have a history of dramatically deteriorating property conditions as landlords struggle to meet mortgage payments in addition to maintenance costs. However, it seems the very idea of these controls – and open-ended tenancies – is now affecting rent prices for tenants; in anticipation, landlords are raising rents to make sure they can make ends meet, should they be introduced.

“It’s now been two full months since this form of new Private Residential Tenancy came into force in Scotland and while in December, just over a third (36 per cent) of agents witnessed rent hikes, January’s results show a much larger swing. For the sake of the Scottish rental sector we hope this isn’t a growing trend, but while rent controls are on the agenda, it’s just a waiting game to gauge how the market reacts”

[1] Opinium Research carried out an online survey among 361 ARLA members, from 1st – 8th February 2018. ARLA Propertymark Protected letting agents were surveyed on a number of key rental sector issues including supply and demand, the management of BTL properties, and monthly

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Scottish letting market reacts to new tenancy laws with rent increases | LandlordZONE.

View Full Article: Scottish letting market reacts to new tenancy laws with rent increases

Mar
2

Scottish letting market reacts to new tenancies laws with rent increases

Author admin    Category Uncategorized     Tags

Rent Increases:

Rent costs in Scotland have rocketed in January following the introduction of new tenancy laws last December 1st.

According to ARLA Propertymark research, around half (44 per cent) of Scottish tenants have seen their rents increase in January, a figure that contrasts sharply with the national average of increases affecting around just one-fifth (19%) of tenants.

These findings from ARLA Propertymark’s network of letting agents in Scotland come following the introduction of the new Private Rented (Tenancies) (Scotland) Act on 1st December 2017.

The letting agents’ professional body says that this highlights “a market reaction to indefinite tenancies and the potential for rent controls.”

David Cox, Chief Executive, ARLA Propertymark says:

“Rent controls have a history of dramatically deteriorating property conditions as landlords struggle to meet mortgage payments in addition to maintenance costs. However, it seems the very idea of these controls – and open-ended tenancies – is now affecting rent prices for tenants; in anticipation, landlords are raising rents to make sure they can make ends meet, should they be introduced.

“It’s now been two full months since this form of new Private Residential Tenancy came into force in Scotland and while in December, just over a third (36 per cent) of agents witnessed rent hikes, January’s results show a much larger swing. For the sake of the Scottish rental sector we hope this isn’t a growing trend, but while rent controls are on the agenda, it’s just a waiting game to gauge how the market reacts”

[1] Opinium Research carried out an online survey among 361 ARLA members, from 1st – 8th February 2018. ARLA Propertymark Protected letting agents were surveyed on a number of key rental sector issues including supply and demand, the management of BTL properties, and monthly

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Scottish letting market reacts to new tenancies laws with rent increases | LandlordZONE.

View Full Article: Scottish letting market reacts to new tenancies laws with rent increases

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