Breaking news… West Bromwich Mortgage Company will refund £27.5m to landlords

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The West Bromwich Mortgage Company will refund £27.5m to thousands of landlords who were overcharged.
As many as 6,500 landlords with multiple properties now stand to be refunded an average sum of more than £400 each from the lender.
The news comes after the Appeal Court ruled it was wrong to increase its charges for buy-to-let tracker mortgages in 2013.
View Full Article: Breaking news… West Bromwich Mortgage Company will refund £27.5m to landlords

New HMO restrictions introduced in Barnet

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New planning controls restricting the number of Houses in Multiple Occupation (HMOs) have been introduced in the London Borough of Barnet.
View Full Article: New HMO restrictions introduced in Barnet

Housing completions at 7 year high

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The Department for Communities and Local Government says the number of newly built homes continues to rise and is now at the highest level since 2008 to 2009, new figures released (26 May 2016) show. 139,690 new homes were completed in the year to March it says, a rise of 12% on the previous year, […]

… LandlordZONE.

View Full Article: Housing completions at 7 year high

Tory jitters as RLA tax campaign hots up

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The RLA’s relentless campaigning to challenge proposed restrictions to mortgage interest relief is starting to make an impact in Westminster, with a surge of support from Tory backbenchers. A number of Conservative MPs are now openly challenging the Government on the changes, which will see mortgage interest tax relief restricted to a basic rate, even […]
View Full Article: Tory jitters as RLA tax campaign hots up

Belvoir still expanding…

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Belvoir has announced the continuation of its expansion programme, with nine new offices opening across the country and several new franchise owners joining the group through re-sales. Belvoir Lettings plc is a United Kingdom-based company engaged in selling, supporting and training residential lettings franchises. The Company operates in property lettings, estate agency and franchising offering […]

… LandlordZONE.

View Full Article: Belvoir still expanding…

Industry unites against criminal agents

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More than 3,000 letting agents across the UK are uniting for SAFEagent awareness week.

There is an estimated £2.7 billion being held by letting agents in client accounts, but unfortunately there are still too many cases of criminal letting agents stealing landlord and tenant cash.
View Full Article: Industry unites against criminal agents

HS2 Property Compensation Package

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The property compensation and assistance package is now available for owner-occupiers along the HS2 Phase 2a route between the West Midlands and Crewe. Changes to the scheme now mean that eligible owner-occupiers can nominate local surveyors to value their property. Compensation and assistance measures for eligible people living near the HS2 route between Fradley and […]

… LandlordZONE.

View Full Article: HS2 Property Compensation Package

Birmingham Council cracks down on rogue landlord

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Landlord Salih Mahfood Hassan Mohamed pleaded guilty at Birmingham Magistrates Court in May to failing to apply for a House in Multiple Occupation (HMO) licence and to 10 breaches of the House in Multiple Occupation Management Regulations. Mohamed, age 49, of Newton Road, Sparkhill, was fined and has to pay a total of £24,158 for […]

… LandlordZONE.

View Full Article: Birmingham Council cracks down on rogue landlord

Liverpool Council issues 2% licences applications

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Liverpool City Council (LCC) has issued only 2% of its city-wide landlord licensing applications since the launch of its new licensing scheme in April 2015. The controversial scheme which affects all private rented sector (PRS) landlords in the city is well behind schedule according to information released by the Council following a Freedom of Information […]

… LandlordZONE.

View Full Article: Liverpool Council issues 2% licences applications

Brandon Lewis issues eviction warning to councils

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The Housing Minister, Brandon Lewis, has written to all local councils in England to underline government guidance on the advice that councils give to tenants when seeking re-housing on the grounds of “homelessness” when faced with an eviction notice. The landlord associations have been lobbying the Minister for some time about what they see as […]

… LandlordZONE.

View Full Article: Brandon Lewis issues eviction warning to councils