How do I end an unlicensed HMO in Newham?
Hello, any advice is much appreciated. I have an unlicensed HMO in Newham which I need to draw to an end with minimum financial ruin….
I was living there with 2 lodgers. 6 months ago I moved out and another lodger moved in.
View Full Article: How do I end an unlicensed HMO in Newham?
Homeowners fork out millions to pay for pet damage
Landlords worried about tenants with pets might be interested in research about pet-loving Brits who are forking out millions on DIY repairs caused by their furry friends running amok at home.
Under the Renters (Reform) Bill, landlords won’t be able to refuse a home to a tenant with a pet without good reason.
View Full Article: Homeowners fork out millions to pay for pet damage
BoE holds interest rate at 5.25%
The Bank of England’s Monetary Policy Committee has decided to hold the base rate at 5.25% – for the fifth meeting in a row.
The current rate, which was set last August, is the highest for nearly 16 years.
View Full Article: BoE holds interest rate at 5.25%
NRLA and Generation Rent welcome call to uprate LHA
MPs on the Work and Pensions Select Committee say that Local Housing Allowance should be uprated every year by the Government so that it retains its value at the 30th percentile of rents in a rental market area.
LHA rates have been frozen since April 2020 and from April this year
View Full Article: NRLA and Generation Rent welcome call to uprate LHA
Extremely rigorous tenent screening, insurance and total protection?
The title speaks for itself. Unfortunately, it has taken a year to the day exactly to evict non-paying tenants. This is the first time in 30 years I’ve had any issues, but it has now made me concerned that my experience could happen again.
View Full Article: Extremely rigorous tenent screening, insurance and total protection?
Half the council tax tenants pay should be saved for a home deposit – SMF
In a bid to help tenants save for a deposit to buy a house, half of their council tax payment should paid into a dedicated savings account, one think tank says.
The novel solution by the Social Market Foundation (SMF) acknowledges government efforts to help first-time buyers but argues they haven’t addressed the issue in high-demand areas.
View Full Article: Half the council tax tenants pay should be saved for a home deposit – SMF
PRS supports more than 390,000 jobs and generates £45 billion
The private rented sector (PRS) in England and Wales supports more than 390,000 jobs across its supply chain and the wider economy, underlining the crucial role that landlords play in society and the economy.
The report by PwC was commissioned by the National Residential Landlords Association (NRLA) and Paragon
View Full Article: PRS supports more than 390,000 jobs and generates £45 billion
Report reveals rise in agent complaints and landlords feeling dissatisfied
The Property Redress Scheme’s annual report paints a picture of a property sector facing challenges with agent complaint enquiries rocketing by 20% in 2023 compared to the previous year.
The scheme says it is investigating 55% more cases but despite this rise
View Full Article: Report reveals rise in agent complaints and landlords feeling dissatisfied
The Art of Location Selection: Strategic Property Investing
Unlock the secrets to selecting a goldmine location for property investing. In this video, Ranjan Bhattacharya delves into the tactical considerations and strategic approaches that savvy investors use to identify lucrative property opportunities.
Watch the video below
View Full Article: The Art of Location Selection: Strategic Property Investing
Council tenants awarded £40,000 for damp and mould issues
Three council tenants have been awarded a total of £40,000 by the Housing Ombudsman after enduring unacceptable living conditions caused by damp and mould.
The Ombudsman identified ‘severe maladministration’ by Lewisham Council in all three cases.
The compensation reflects the impact on the residents’
View Full Article: Council tenants awarded £40,000 for damp and mould issues
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