Did not check false references – help?

admin    Uncategorized     agents

We received the following from a tenant – he said he would move in with his brother and sister in law.

He had provided references:

1) Tax Return
2) Bank Statements
3) Landlord Contract
4) ID of him and his brother/sister in law who currently overseas

Verified his unique tax reference number which was incorrect.

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The places where Buy to Let still pays off

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North West and Liverpool are hotspots for property investors and amongst the places where Buy to Let still pays off.

A recent article on thisismoney.co.uk discusses how the North West’s comparatively strong rents, coupled by low house prices

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Taking rent from tenant overlap?

admin    Uncategorized     agents

I had a tenant whose tenancy ends at the end of Nov, who actually left, checked out and handed back keys at the end of Oct, one month earlier.

I then had my letting agent find a new tenant and started her tenancy at mid Nov

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Freeholder charges “consent to let” once every year?

admin    Uncategorized     agents

I previously registered and paid a leaseholder flat’s management company and freeholder called Y and Y management for a “consent to let” last year where I stated the tenancy was for 60 months. They have now come back to charge for this again and intend to charge for this every single year.

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Seeking Help in ‘De-bunking’ MHCLG’s report

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I am preparing a summary of the 68 page report ‘ A qualitative research investigation of the factors influencing the progress, timescales and outcomes of Housing cases in County courts. ‘ published November 2018.

Access will be provided to readers of this forum and to MHCLG !

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79% of Landlords only able to cover their mortgage interest

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New research from the NLA shows 79% of landlords are only servicing the interest on their mortgages, not paying down their loans, as they contend with rising costs.

This statistic has prompted the NLA to examine the narrative that tenants are just paying off their landlord’s mortgage.

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HMO – Do I need to register?

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Am I required to register as an HMO?

I own two flats on the first and second floor of a building. My wife owns the ground floor flat and we live in that flat. The first floor flat is occupied by a couple with a single child

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TDS annual review

admin    Uncategorized     agents

In the last financial year (April 2017-March 2018), the UK’s leading tenancy deposit protection provider, The Dispute Service increased the number of deposits it protects by 6.8% across the UK.

The growth was announced in its Annual Review

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Agent bites back at Westminster for 5 week deposit cap

admin    Uncategorized     agents

Harry Albert Lettings and Estates agent, Andrew Hill, has sent an angry open email to the Secretary of State for Housing, Communities and Local Government, James BrokeThehousingmarketShire, regarding the recent decision to cap the maximum deposit for rentals a 5 weeks rent for contracts less than £50,000 per annum or 6 weeks above.

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Student Council tax exemption – Proof required?

admin    Uncategorized     agents

Portsmouth Council are bugging me for details of my student tenants’ courses and student status. They claim I have to provide this as I am liable for the council tax.

I can do no more than provide them with the names of the tenant who are clearly ignoring the council’s request for information and proof of student status.

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