Call of the week – I’m a landlord in Wales and I’m moving abroad. Is there anything I need to consider?
A member recently contacted us to say that they were planning on moving abroad to live in a few months time, hundreds of miles away from their two rental properties in Wales. They wanted to ask whether they had to do anything with regards to the properties when they move abroad, as they had heard […]
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Tax expert to address Future Renting conference
Chartered Tax Advisor Sean Hughes is the latest speaker to be announced for the RLA’s Future Renting conference, now just a week away. Sean’s tax advisory company, Comprehensive Tax Planning, specialises in advising property investors to mitigate the effects of recent tax changes that have impacted the sector – primarily section 24. He will be […]
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For the long term – 10 Year fixed rates
So, you have an aversion to short term volatility in the mortgage market and/or you are fed up with shelling out every 2 or 3 years with arrangement fees and other costs to try to stay ahead of the market.
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Local Authorities could charge for recyclables in general waste
Making a mess of recycling? Households could soon be charged a return fee
Households who fail to recycle properly could soon be hit with a fee by their local council in a bid to reduce landfill waste.
The plans
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PMQs – May’s response to 3 year tenancy question
Prime Ministers Questions House of Commons 05/09/2018
Question from Labour MP Helen Hayes – Dulwich and West Norwood
“It has been reported this morning that the Treasury and Number 10 are blocking plans for legally binding 3 year tenancies for private renters.
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Section 21 – The Bigger Picture not seen by Citizens Advice
A recent report published by Citizens Advice suggests tenants who complain to their landlords are more likely to be served a section 21 eviction notice as a result of their actions.
The report called ‘Touch and Go’ claimed that tenants who complain about issues like damp or mould have a 46% chance of being issued with a section 21 eviction notice within six months.
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The Duke Westminster to build 30,000 new homes
Property Development:
The Duke of Westminster’s property firm, Grosvenor Estates, has pledged to build 30,000 homes by 2023. Grosvenor, one of the oldest landlords in the country, and landlords of much of Mayfair and Belgravia for the last 340 years, wants to branch out and mastermind building new communities in Britain.
Grosvenor plans to work closely with developers, local authorities and landowners, using its property expertise to “open doors� and put together large sites of between 2,000 and 5,000 homes. It says it is prepared to bankroll the costs of infrastructure such as schools and roads, in exchange for fees later on.
This is a major change of direction for Grosvenor, which has traditionally focused on property management and investment, as well as commercial property developments. The new venture will seek to manage all stages of the residential developments, from planning proposals through to construction.
Executive director of Grosvenor Developments, Jorge Mendonca, has said:
“There is growing recognition from Government that the “master developer� role could be the best way to deliver new housing.
“It demands well-funded, long-term investors with an ingrained partnership approach and significant place making expertise, all of which Grosvenor has.�
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Rental homes and drugs gangs – could your buy-to-let be at risk?
Urban drug dealers are moving to rural areas to establish a new drugs market – with the Home Office warning landlords to be on their guard. A new National Crime Agency (NCA’s) report has found many urban gangs rent properties in rural and market towns – even in affluent areas – which they then use […]
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If Landlord Farts, Burps or Snores, property should be repossessed?
My friend and I had a meeting yesterday, both of us have been landlords for around 20 years. We exchanged our grievances of current government policies against landlords. In particular, my friend suggested that, he is concerned that, if Shelter or any other organisation suggested to government that any landlord caught farting
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Course of the month- PAT testing
As a landlord, you have a duty to ensure that electrics are not only safe but are also in full working order at the start of a tenancy. Portable Appliance Testing (PAT) is a recommended way to maintain your equipment, in a compliant and safe manner, and our PAT testing course is this month’s Course […]
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