MFS and TML both reduce rates for landlords

admin    Uncategorized     agents

Market Financial Solutions (MFS) has reduced its rates across its bridging, buy to let and Bridge Fusion ranges.

The lender has lowered both variable and fixed-rate bridging loan rates.

Rates on the Bridge Fusion range

View Full Article: MFS and TML both reduce rates for landlords

Judge strikes out possession claim over original deposit?

admin    Uncategorized     agents

Hi Guys, I am wondering if you are able to help with this situation:

I signed a tenancy agreement back in January 2015 and collected 6 weeks deposit with the rent of £1,075 per month and collected deposit of £1,600.

View Full Article: Judge strikes out possession claim over original deposit?

Landlord faces double licensing payment due to council website error

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A frustrated landlord who has attempted to license his property says a council’s website error could result in him having to pay twice.

Mick Roberts, one of Nottingham’s largest landlords housing benefit tenants, told Property118 he had received a letter from Nottingham City Council requesting more information regarding his selective licensing application.

View Full Article: Landlord faces double licensing payment due to council website error

Renters’ Rights Bill comes back to Parliament – start the clock!

admin    Uncategorized     agents

Like the proverbial bad penny, the unwelcome return of the Renters’ Rights Bill to Parliament next week is not to be celebrated.

The countdown to the doom of the private rented sector will begin in earnest and we’ll see which amendments look like becoming law.

View Full Article: Renters’ Rights Bill comes back to Parliament – start the clock!

January sales: One third of homes have prices cut

admin    Uncategorized     agents

An analysis of more than 322,000 homes currently listed for sale found that 113,612 properties have seen the asking price being reduced – that’s around 35% of the market.

The findings from eXp UK, the platform for personal estate agents

View Full Article: January sales: One third of homes have prices cut

Angela Rayner slams Section 21 evictions as cause of homelessness

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Angela Rayner claims the Labour government want to work with landlords, but blames Section 21 evictions for having a significant impact on homelessness.

In a meeting with the Housing, Communities and Local Government Committee, Ms Rayner claims the government wants to support landlords in providing “safe and secure homes”.

View Full Article: Angela Rayner slams Section 21 evictions as cause of homelessness

Professional landlords diversified portfolios in 2024 – Shawbrook

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Professional landlords shifted focus last year to higher-yielding property types, including semi-commercial and commercial, while refinancing activity reflects a cautious approach to debt management, an analysis by Shawbrook reveals.

It found that while overall application volumes remained consistent

View Full Article: Professional landlords diversified portfolios in 2024 – Shawbrook

Kick-off 2025 with cash in the bank by selling your property portfolio

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2024 was a tough year for landlords, with Labour winning the general election and introducing new legislation that will make it even more difficult for landlords to operate in the sector.

The introduction of the Renters’ Rights Bill

View Full Article: Kick-off 2025 with cash in the bank by selling your property portfolio

Advice for NI landlords on new electrical safety regulations

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Landlords in Northern Ireland face new regulations for the electrical safety of their rental properties.

The Electrical Safety Standards for Private Tenancies Regulations (Northern Ireland) 2024 was approved by the Northern Ireland Assembly in November.

The law introduces mandatory electrical safety checks for all private tenancies.

View Full Article: Advice for NI landlords on new electrical safety regulations

Must all landlords register with the Information Commissioner’s Office?

admin    Uncategorized     agents

Data, i.e. information about people, is important, which is why we have regulations to tell us how to look after it.

These regulations are enforced by the Information Commissioner’s Office (ICO).  To fund their work, most businesses need to register with the ICO and pay an annual fee. 

View Full Article: Must all landlords register with the Information Commissioner’s Office?