Oct
27

Ombudsman slammed for council’s £66k fine when PRS landlords would have been fined £2 MILLION

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The Housing Ombudsman has been slammed by a legal expert after it handed out a fine of £66,441 for poor housing – an average of £2,000 per case – when a landlord in the private rented sector would have been fined more than £2 MILLION for the same offences.

View Full Article: Ombudsman slammed for council’s £66k fine when PRS landlords would have been fined £2 MILLION

Oct
27

HMOs offer higher rental yields than other properties, research shows

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Investing in houses in multiple occupation (HMOs) can be more profitable than non-HMO’s with landlords enjoying nearly DOUBLE the average yield, research reveals.

Octane Capital, a specialist property lending company, analysed the cost and return of converting a four-bedroom property into an HMO across England.

View Full Article: HMOs offer higher rental yields than other properties, research shows

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