Landlords Cautiously Optimistic
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PRS Trends: Two years on from the post-election budget shock of the summer of 2015, when George Osborne’s tax raid on landlords was announced, ostensibly to create “a more level playing field” between landlords and homeowners,” the commencement of this measure in April 2017 is finally upon us. The removal of mortgage interest relief will […]
… LandlordZONE.
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Cebr says house prices are set to Boom 25% in 4 years
HOUSE prices are set to boom 25% over the next four yours according to the Centre for Economics and Business Research (Cebr). The Cebr are predicting an increase in house prices of £52,000 to an average home price £272,000 by 2021 as confidence in the UK housing market remains high. The current average house price… Read more
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Reasonable solictor fees for debt letters?
I own a small flat in a Victorian Block and over the last 3 years the management company have constantly been requesting improvements fees, to the tune of around £30,000 over the last 3 years. As they do not accept credit cards, I usually wait till their solicitor writes me a letter then I pay… Read more
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Tenants’ Fees ban for agents – consultation announced…
Tenant Fees: The government announced in the 2016 Autumn Statement that it would consult on introducing a ban on letting agent fees paid by tenants, “to improve competition in the private rental market and give renters greater clarity and control over what they will pay.” This consultation process has now been announce and will be […]
… LandlordZONE.
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Last four housing ministers said fee ban would raise rents
Plans to ban letting agent fees paid by tenants have previously been attacked by the last four housing ministers. The revelations come as the government launches its consultation on the proposal originally announced in the Autumn Statement. In 2013, the then Housing Minister, Mark Prisk said that it “cannot be the answer to tackle the […]
The post Last four housing ministers said fee ban would raise rents appeared first on RLA Campaigns and News Centre.
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Government starts consultation letting agent fee ban
The government has published its consultation on banning letting agent fees in which it argues for a ban that is “clear and simple for all involved”. It says that the proposed measures will “stop hidden charges and end tenants being hit by costly upfront payments that can be difficult to afford”. It also says that […]
The post Government starts consultation letting agent fee ban appeared first on RLA Campaigns and News Centre.
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The Benefits of Converting a Family Home into an HMO
It is becoming increasingly difficult for landlords to make money in the current buy to let market. In many areas, particularly in London, the cost of letting a property is no longer worthwhile. The government has cut tax relief for landlords and it’s more difficult to secure mortgage finance. Not surprisingly, many seasoned landlords are […]
… LandlordZONE.
View Full Article: The Benefits of Converting a Family Home into an HMO
Short-term lettings and the London Market
The popular website Airbnb (along with a few others) has caused controversy around the world as its short lets to strangers’ website, allowing guests to stay in homes as lodgers, has morphed into facilitating more conventional lets. In response to legislators in various jurisdictions, since 1st January 2017 Airbnb has begun limiting “entire home” listings […]
… LandlordZONE.
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Housing & Planning Act rules start today…
Provisions included in the Housing and Planning Act which affect landlords in the private rented sector (PRS) come into force today (6the April 2017). The Housing and Planning Act is designed to dramatically improve the effectiveness of Houses in Multiple Occupation (HMO) and licenseable property rules enforcement in the private rented sector (PRS). Most responsible […]
… LandlordZONE.
View Full Article: Housing & Planning Act rules start today…
New powers for councils come into effect
As part of the Housing and Planning Act 2016, the government introduced a range of new measures available for local authorities in relation to their dealings with rogue landlords: civil penalties, rent repayment orders, banning orders and the introduction of a database for rogue landlords and letting agents. From April 6th 2017, some of these […]
The post New powers for councils come into effect appeared first on RLA Campaigns and News Centre.
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