FOI shows how little councils know about unlicensed HMOs

admin    Uncategorized     agents

Government plans to protect tenants from poor living conditions through the expansion of mandatory HMO licensing look set to fall way short of their ambition.

Figures obtained by Simple Landlords Insurance reveal the majority of local authorities don’t know how many unlicensed HMOs are in their area –

The post FOI shows how little councils know about unlicensed HMOs appeared first on Property118.

View Full Article: FOI shows how little councils know about unlicensed HMOs

Definite need for a Housing Court

admin    Uncategorized     agents

Fergus Wilson: “The following is an extract from a letter from my MP, Helen Whately, dated 16th November, 2018, followed by response dated 29th November 2018″

The extracts read:

I wrote to the Rt Hon David Gauke MP

The post Definite need for a Housing Court appeared first on Property118.

View Full Article: Definite need for a Housing Court

Tenant deposit cap is cut to 5 weeks by government!

admin    Uncategorized     agents

The government has now confirmed it will cut the maximum deposit for rentals of less than £50,000 from 6 weeks to a 5 week maximum.  The 6 week maximum will still apply for rentals over £50,000 per year.

This decision as part of the Tenant Fees Bill was criticised the day before by the RLA and NLA: Click here to see the article.

The post Tenant deposit cap is cut to 5 weeks by government! appeared first on Property118.

View Full Article: Tenant deposit cap is cut to 5 weeks by government!

Landlords would be badly let down if deposit cap cut to 5 weeks

admin    Uncategorized     agents

Landlords would be ‘badly let down’ by the government if it cuts its new deposit cap from six to five weeks  – a move which would also make it harder for people to find homes to rent.

A press report over the weekend claimed a reduction in the maximum level of security deposit landlords will be able to charge is now on the cards.

The post Landlords would be badly let down if deposit cap cut to 5 weeks appeared first on Property118.

View Full Article: Landlords would be badly let down if deposit cap cut to 5 weeks

Now it’s a different beast

admin    Uncategorized     agents

“When something gets a bad name it’s difficult for matters to be reversed – whether it’s a school, a street or a pub!

That’s how a lot of people see Equity Release.

You may remember that the product existed in the 1990s

The post Now it’s a different beast appeared first on Property118.

View Full Article: Now it’s a different beast

Another thing landlords are going to be blamed for?

admin    Uncategorized     agents

Tenants asked to pay to view properties.

According to the Victoria Derbyshire programme on BBC some letting agents have been asking prospective tenants to pay to view properties.

https://www.bbc.co.uk/news/business-46111015

Is this another thing landlords are going to be blamed for?

The post Another thing landlords are going to be blamed for? appeared first on Property118.

View Full Article: Another thing landlords are going to be blamed for?

Thank you – We won the Property Investors Awards Website of the Year 2018

admin    Uncategorized     agents

Thank you so much to everyone that voted for Property118  for the Property Investors Website of the Year Award 2018 – We won as you might be able to tell from the picture.

Property118 is a community and is only deserving of an award because of its members

The post Thank you – We won the Property Investors Awards Website of the Year 2018 appeared first on Property118.

View Full Article: Thank you – We won the Property Investors Awards Website of the Year 2018