Jan
13

It’s time to sell your buy-to-lets. This company will do it in 7 days so you can sit back and enjoy 2022

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2022 has begun, and if 2021 taught us anything, it was that this is the year we all want to let go of the stress, cash in our portfolios, relax and enjoy life.

Many of us have spent the last 10 to 20 years building up our portfolios, however with mounting tax bills just around the corner, and constant hoops for landlords to jump through, it’s time to let go of that stress, free ourselves from managing portfolios, cash in and retire. It’s simple: there’s never been a better time to sell your buy-to-lets than right now whilst the market is still high, and portfolio exit specialists Landlord Sales Agency are the ones to do it.

Established by co-founder of the National Association of Property Buyers and industry expert, David Coughlin, they shot to success as the best company out there to sell high asset Landlord buy-to-let portfolios for the highest price. And as they’re owned by a Landlord himself who recently cashed in, they know exactly what it takes to deliver what you need: a big lump sum in the bank, and the financial freedom to do whatever you want.

From £1 million to £10 million plus portfolios, they’ll ensure you get the highest price in the fastest time.

  • They’re the best for sellers with prime stock in London and the South East.
  • They have a ready-made list of hundreds of cash buyers ready to buy your portfolio for the highest price.
  • Their fast sale option is efficient and delivered to a standard of excellence, getting you 80% – 90% of the market value of the portfolio, a huge bang for your buck for a sale that takes less than a week.
  • They can fix any problem to get you a sale in days, even tenant issues.

With a team of 20 years of experience in selling properties specifically for Landlords, plus experts who have personally got over the line 2,500 properties, they’re unrivalled. Be it tenant issues, mortgages, access issues, absolutely nothing is standing in their way from getting Landlords the highest prices in record times.

They’re a team who knows exactly what they’re doing, and they’ll get it done for you. So contact them today. It’s 2022, and there’s never been a better time to sell up and cash in than January.

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©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – It’s time to sell your buy-to-lets. This company will do it in 7 days so you can sit back and enjoy 2022 | LandlordZONE.

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Jan
13

LATEST: Welsh government widens £10m rent arrears fund to include more tenants

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The Welsh government has widened its £10 million Tenancy Hardship Grant scheme to include all tenants renting privately or socially who have built up rent arrears during the pandemic.

Announced in July last year, the scheme now covers tenants who have got into arrears between March 2020 and December 2021.
Originally, the scheme only covered rent arrears built up prior to June 30th 2021.

The widening of the scheme’s scope is designed to include tenants who have lost their jobs or income after the furlough scheme ended in September last year, or who suffered a significant decrease in income when the Universal Credit uplift was removed by the UK Government, may now be eligible under the new criteria.

Other examples of rent arrears as a direct result of the pandemic include a loss of income due to lockdowns or because of becoming ill with Covid-19.

ruth power wales shelter

Ruth Power (pictured), CEO of Shelter Cymru says: We welcome the changes to the Tenancy Hardship Grant announced today.

“Widening the eligibility criteria will mean more people, who are struggling during the pandemic to pay their rent, are able to access support to keep their homes.

“Our advisors are working with people across Wales whose incomes have been seriously affected by the pandemic and who are really worried about the future.

“Getting money quickly to people in need will prevent families from becoming homeless.”

The Welsh government has published details of a 50-year-old tenant in Rhondda Cynon Taf who, after his income dropped from £1,300 a month to £700 during Covid, got £5,000 into arrears with his rent

He was not evicted from his home during time and, after applying to the fund, the money was paid direct to his landlord.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – LATEST: Welsh government widens £10m rent arrears fund to include more tenants | LandlordZONE.

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Jan
13

Rogue landlord who ignored HMO rules to pay £64,000, says judge

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A rogue landlord has been ordered to pay more than £64,000 for illegally converting an HMO in Barking and then ignoring a planning enforcement notice.

Sumon Miah, of Mortimer Terrace, Highgate, was found guilty of the offences at Barkingside Magistrates Court last July and has now been fined £15,000 along with costs of £12,573 and handed a £37,000 Confiscation Order under the Proceeds of Crime Act – representing the criminal benefit made from renting the property out.

In summing up, the judge said the sentence reflected Miah’s persistent disregard of the enforcement notice for the property on Ripple Road (pictured) and the fact he had bought the property on Ripple Road, Barking, as a vehicle to generate income and subsequently illegally converted it into an HMO.

Warning

Councillor Margaret Mullane (pictured), Barking and Dagenham Council cabinet member for enforcement and community safety, hopes the case sends out a warning to all landlords who are not following the rules.

She says: “This has been a complete disregard for the rules put in place when it comes to planning enforcement and HMOs. And as Mr Miah continued to ignore the enforcement notice handed to him, he now has to stump up a huge amount of cash.”

Miah has three months to pay the fine and if he fails to do so, will serve a 12-month prison sentence; if the Confiscation Order isn’t paid within three months, he will serve a two-year sentence.

Barking and Dagenham’s licensing scheme covers all private landlords who must be registered with the council, which is a keen chaser of miscreant landlords through the courts.

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Rogue landlord who ignored HMO rules to pay £64,000, says judge | LandlordZONE.

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