Nothing ventured, nothing gained

admin    Uncategorized     agents

If you’re new to the concept of property investment, or just want to ‘top-up’ your property portfolio, then our latest investment opportunity may just be what you’re looking for.  With prices starting from only £77,000, why not take a look.

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Diplomatic/embassy rental?

admin    Uncategorized     agents

Hi everyone,  I have a Prospective rental to a diplomatic East African embassy. Of course the rental is income good, but I am not 100% sure, because of their diplomatic status.

If anything goes wrong what legal rights do I have if any?

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‘The Landlord’s Friend’ – Hamilton Fraser’s property podcast

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Hamilton Fraser’s regular property podcast
aims to help landlords navigate a smooth path through the rapidly evolving
regulatory landscape of the private rented sector, by providing top tips and
advice to help them make constructive and informed choices about their future.

In this
month’s podcast Eddie Hooker, CEO of award winning Hamilton Fraser Total
Landlord Insurance and Paul Shamplina, Founder of Landlord Action and Brand
Ambassador at Hamilton Fraser, are joined by a special guest – property market
analysist, commentator and co-author of ‘The Landlord’s Friend’, Kate Faulkner.

With bags of
expertise in the sector, and an intricate knowledge of what does and doesn’t
work for landlords, Kate has made a number of media appearances, including in
the Daily Mail, on the BBC, the one show, Radio 5 Live, ITV, and LBC Property
Hour, sharing her unique insights. 

After the successful
release of ‘The Landlord’s Friend’ book, written by Kate and Paul back in 2015,
they have now released a new edition for 2019 focused on how landlords can make
the best out of the ever changing sector, while also ensuring that they remain
compliant.  

Eddie, Paul
and Kate discuss the launch of ‘The Landlord’s Friend’ book, including their
motivations behind releasing a new edition and the process involved, as well as
exploring the importance of being a business savvy landlord, why it is vital to
understand your tenants and the intricacies of landlord regulation and
legislation. In addition, they cover topics ranging from government policy and
how buy to let has evolved, to increasing market demands and whether landlords
get a bad rap in the industry.

Following on with their new closing question for
2019, Eddie and Paul round up the podcast by asking Kate…

‘If
you could make one new property law what would it be?’

Missed the previous podcasts in the series? Don’t worry you can catch up with industry news here!

Previous guests include:

• Tessa
  Shepperson, residential property lawyer and Managing Director of Landlord Law
• Tony Gimple,
  Founding Director of Less Tax 4 Landlords
• Jeremy Leaf,
  Principal of Jeremy Leaf & Co Chartered
  Surveyors and Estate Agents
• Arden
  Hanley, Property Educator and HMO landlord

Sean Hooker, Head of the Property Redress Scheme

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – ‘The Landlord’s Friend’ – Hamilton Fraser’s property podcast | LandlordZONE.

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Hidden How to Rent update – “MHCLG, do not do this again”

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Lawyer Giles Peaker, in an article for Nearly Legal, ‘How to rent guides – sneak updates‘ uncovered that the official How to Rent guide has recently been updated twice since the 31st of May without reference to the date of the most recent changes.

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Right to Rent Guide updated under RLA pressure

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Under campaign pressure from the RLA, protesting that inadequate government guidance on Right to Rent checks could leave landlords exposed to prosecution, the Home office have now released an update on the official guide.

The risk to landlords has arisen since 20th May this year when nationals of Australia

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The Queen didn’t mention my Card

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I did meet the Queen about four months ago, but she did not mention my Card. I guess I will have to wait until my hundredth birthday! Whilst I appreciate it was meant as a joke it does raise a most important point.

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Tenant fined more than £100,000 for subletting a council flat

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Sub-letting:

Westminster City Council successfully took one of its
tenants to court for sub-letting a council flat to tourists on Airbnb.

Toby Harman was found guilty of breaching the terms of his
tenancy agreement with the council and was given an Unlawful Profits Order totalling
£100,974.94, one of the highest such awards made in any council’s favour.

Evidence gathered from Harman’s bank statements showed that
he had been receiving rents from tourist lets on the vacancy listings website since
2013.

Harman had used an online alias by the name of “Lara�, but investigators
managed to link the lettings to him through his name appearing on online
reviews This find followed a trawl by anti-fraud software. He had accumulated
over 300 reviews on the popular tourist rental website.

As well as the fine, Harman has been evicted from the apartment
he rented off the council in Victoria, central London.

Following a spate of similar abuse of the system, Westminster
City Council is calling for a compulsory registration scheme across the board for
property owners, to make it easier to keep track of these types of rentals.

Last year the council successfully recovered 24 of its social
housing properties from similar frauds and currently it has over 1,500
properties under investigation for possible abuses with short-term lettings.

Andrew Smith, a councillor for Westminster City Council, has
commented:

“Social housing is there to provide much-needed homes for
our residents, not to generate illicit profits for dishonest tenants.

“It’s illegal for council tenants to sublet their homes and
we carry out tenancy checks, as well as monitoring short-term letting websites
for any potential illegal sublets.�

“Along with a six-figure unlawful profit order, by getting a
possession order, we can now reallocate the property to someone in genuine need
of a home,� Cllr Smith had said.

An Airbnb spokesperson had said that this particular property
had been removed from the platform earlier in the year when the exact
circumstance came to light.

“We regularly remind hosts to check and follow local rules –
including on subsidised housing – and we take action on issues brought to our
attention.

“Airbnb is the only platform that works with London to limit
how often hosts can share their space and we support proposals from the mayor
of London for a registration system to help local authorities regulate short
term lets and ensure rules are applied equally to hosts on all platforms in the
capital,� said Airbnb.

Mayor of London, Sadiq Khan, has been calling for a London registration
scheme which registers anyone wishing to rent out a property for less under 90
days. This follows revelations that there could be any many as 80,000 rooms for
let listed on these websites in the capital.

Mayor Khan has said:

“Short-term lets are a benefit to visitors to London, and to
Londoners themselves who want to earn a little extra money.

“But these benefits must be balanced with the need to
protect long-term rented housing, and to make sure neighbours aren’t impacted
by a high turnover of visitors.�

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Tenant fined more than £100,000 for subletting a council flat | LandlordZONE.

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