Paul Shamplina and Kate Faulkner release latest edition ‘The Landlord’s Friend’

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Today, with more than 170 pieces of landlord legislation in place, two well-known names in the world of property, Paul Shamplina and Kate Faulkner, have once again joined forces to co-write a new version of their book ‘The Landlord’s Friend’. 

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Paul Shamplina and Kate Faulkner release latest edition of their book, The Landlord’s Friend

admin    Uncategorized     agents

Today,
with more than 170 pieces of landlord legislation in place, two well-known
names in the world of property, Paul Shamplina and Kate Faulkner, have once
again joined forces to co-write a new version of their book ‘The Landlord’s
Friend’.  Its aim is to help both novice
and seasoned landlords navigate their way through the ever-changing Private Rented
Sector (PRS) with an A-Z of legal advice and practical tips.

Paul
Shamplina is a landlord and eviction specialist and is featured on Channel 5’s
‘Bad Tenants, Rogue Landlords’, he’s been helping landlords for over 25 years
and is the Founder of Landlord Action. Kate Faulkner has written a number of property
books for Which?, is considered one of the UK’s leading Buy to Let experts and
appears regularly in the media talking about the property market and key issues
affecting investors.

With
this book, the pair have pooled their extensive experience to help property
investors successfully navigate the business of Buy to Let, from those just
considering making an investment through to experienced landlords. The book has
50 chapters divided into three sections: 1. Preparing for successful letting:
2. Letting your property: 3. Running your portfolio the right way.

“It’s hard to believe that it was
nearly five years ago that Kate and I first published ‘The Landlord’s Friend’,
and today, landlords have never needed a friend more. The Buy-to-Let landscape
has changed vastly during this time, particularly with the constant changes to
tax and now Section 21, meaning small landlords are seriously having to think
whether they want to stay in the sector.

However, I think it’s important to
remind people that demand is still extremely strong, with the PRS making up 21%
of our total housing sector and predicted to rise to 24% by 2021. All of these
people need somewhere to live, and the government is under pressure to support
a more professional sector which provides a safe environment for tenants. There
is still very much a place for landlords who take their legal and moral
responsibilities seriously, so we want to help landlords stay profitable while
ensuring they do it the right way� says
Paul Shamplina, founder of Landlord Action.

Kate
Faulkner, Managing Director of Propertychecklists.co.uk,
adds:

“Landlords are going through a
tough time just now. Not only are they being hit by increased taxes, the
changes in legislation to the Private Rented Sector are coming in thick and
fast, with Local Authorities able to find landlords who make mistakes up to
£30,000 for each breach. Meanwhile, tenants’ expectations of being delivered a
beautiful home to live in rather than a temporary place to stay are increasing.
The latest version of ‘The Landlord’s Friend’ helps to equip both new and
existing landlords with the information they need to invest and run a buy to
let property successfully.�

The
2019 Edition of ‘The Landlord’s Friend’ is available to buy on Amazon now. https://www.amazon.co.uk/s?k=9781784566388&ref=nb_sb_noss
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Landlord fined £1.1m for illegal flats conversion

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Confiscation Orders:

Southwark Council successfully prosecuted a London landlord
who divided a London Bridge property into 20 cramped studios and bedsits, “putting
profits before the quality of life of his tenants.�

Mr Trepel, aged 74 from Trinec in the Czech Republic, is the
subject of London’s largest Proceeds of Crime (confiscation order) claim to-date
for his illegal conversion of three flats within 2-4 London Bridge Street in
2010.

The council originally successfully prosecuted Trepel for this
breach of the planning laws back in 2010, when he was fined and ordered to
return the property back to its original condition.

But Trepel failed to comply despite further warnings and at
the Inner London Crown Court on 17 April, 2019, he was fined £10,000 and
ordered to pay £35,000 costs for breaching a planning enforcement notice, plus an
additional £1,000 fine from his company – No.1 (London) Ltd.

Of more consequence to Trepel however, Southwark Council, using
a Proceeds of Crime confiscation order, achieved a record settlement figure of
£1,118,601 which will have to be paid within the next three months, otherwise
Trepel faces a seven year prison sentence.

The figure was based on a calculation that Trepel would have
received £1.2.m gross in rent on his London Bridge Street properties since
2011.

Councillor Victoria Mills, Cabinet Member for Finance,
Performance and Brexit, said:

“I hope this serves as a warning to any disreputable
landlord operating in Southwark. This council will not stand by and let our
residents live in cramped properties that are harmful to their health and
happiness, and we will use every legal measure at our disposal to ensure homes
are of a decent standard and landlords do not profit from the misery of their
tenants.�

Under Proceeds of Crime Act rules most of the money will go
to the government but the council will receive around £445,000 of the criminal
benefit to re-invest in further enforcement and crime reduction initiatives.

The council has restrained assets belonging to both Trepel
and his company to ensure that the confiscation orders will be satisfied.

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