Landlords say election result will make no difference to plans

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Most landlords in the UK say that the election result which saw Labour enjoy a landslide victory won’t affect their investment plans, a survey reveals.

Foxtons questioned more than 1,000 landlords before the election and found that 59% of landlords expect a new Labour government won’t have an impact on their decision to either expand or sell their portfolios.

View Full Article: Landlords say election result will make no difference to plans

Starmer promises ‘change’ but no mention of the PRS

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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

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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

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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.

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

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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

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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.

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Tenant deductions for defrosting a large freezer?

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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’

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TMW cuts BTL rates – Accord and Foundation follow suit

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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!

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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

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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