Starmer promises ‘change’ but no mention of the PRS

admin    Uncategorized     agents

In his first speech as Prime Minister, Sir Keir Starmer said his work begins ‘immediately’.

Standing in Downing Street, he said: “Changing a country’s not like flicking a switch – the world is now a more volatile place.

View Full Article: Starmer promises ‘change’ but no mention of the PRS

Twist or bust? The dilemma facing UK landlords after Labour win

admin    Uncategorized     agents

Hi Angela Rayner, well done on beating a limping, exhausted, beaten Conservative party in the election. I imagine the rise of Reform was a last-minute scare, eh?

And many of those famous Red Wall voters who still haven’t returned to the Labour fold.

View Full Article: Twist or bust? The dilemma facing UK landlords after Labour win

HMO licensing vs planning: Confusion for landlords in Article 4 areas

admin    Uncategorized     agents

Landlords with HMOs (House in Multiple Occupation) in the UK face a complex situation when it comes to Article 4 areas, one expert warns.

These areas restrict the automatic conversion of residences into HMOs, and navigating the licensing and planning processes can be confusing for landlords.

View Full Article: HMO licensing vs planning: Confusion for landlords in Article 4 areas

I’m not a charity: Is it time to issue a Section 21?

admin    Uncategorized     agents

Hi, I’ve been a landlord since 2005 and I’ve never issued a Section 21. However, I’m about to change that as I have two tenants that are behind in rent payments,one owes £600.00 and the other owes £2,500.00.

In my efforts to be reasonable I have agreed payment plans for both of these tenants.

View Full Article: I’m not a charity: Is it time to issue a Section 21?

Most landlords manage properties themselves despite higher costs

admin    Uncategorized     agents

More than half of landlords say they manage their portfolios themselves, treating it as a full-time job.

Surprisingly, those who self-manage are often spending more on property management, the survey from buy to let lender Landbay reveals.

View Full Article: Most landlords manage properties themselves despite higher costs

Tenant deductions for defrosting a large freezer?

admin    Uncategorized     agents

Hi everyone, as the student changeover season has now begun, can anyone advise on a reasonable charge for defrosting a large upright freezer left fully iced up by the exiting tenants?

I can list it under ‘missed cleaning’

View Full Article: Tenant deductions for defrosting a large freezer?

TMW cuts BTL rates – Accord and Foundation follow suit

admin    Uncategorized     agents

The Mortgage Works (TMW) has announced a reduction in its buy to let mortgage rates for both new and existing customers, with rates starting from 3.69%.

The lender’s new rates include:

• Two-year fixed rate (purchase and remortgage) at 3.69% with a 3% fee (up to 65% LTV)
• Five-year fixed rate (purchase and remortgage) at 4.04% with a 3% fee (up to 65% LTV)
• Five-year fixed switcher rate at 4.14% with a 3% fee (up to 75% LTV).

View Full Article: TMW cuts BTL rates – Accord and Foundation follow suit

If landlords were taxi drivers!

admin    Uncategorized     agents

Imagine this, some time ago, you decided to try to improve your life and to make things better for you and your family.

You’re a hard-working person and your chosen profession was to become a private hire taxi driver.

View Full Article: If landlords were taxi drivers!

Landlord groups call for ‘urgent’ return of the Renters (Reform) Bill

admin    Uncategorized     agents

In the wake of the 4 July election, landlord groups say the next government must pass the Renters (Reform) Bill as a matter of ‘urgency’.

The plea is being made by the National Residential Landlords Association (NRLA), along with Leaders Romans Group

View Full Article: Landlord groups call for ‘urgent’ return of the Renters (Reform) Bill

Why Buyer Demand is increasing for Property Companies

admin    Uncategorized     agents

With new and more efficient ways of making property financially make sense, it comes as no surprise that buyer interest in property companies is surging, driven by significant financial incentives.

But why? One of the most compelling reasons is the lower Stamp Duty rate of just 0.5% on purchasing shares in a Limited Company rental business

View Full Article: Why Buyer Demand is increasing for Property Companies