Jun
21

Invitation to Brentwood property investor seminar 11th July

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All Property118 members are invited with a guest to attend our next property seminar run by our partners the Property Investor Partnership (PIP).

The Seminar will take place on Wednesday the 11th of July at Marygreen Manor Hotel

The post Invitation to Brentwood property investor seminar 11th July appeared first on Property118.

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Jun
21

Government to consult on RLA housing court plan

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letting agent fees

Plans to establish a new housing court are moving forward, with a Government consultation into plans to be held later this year. The call for a housing court was one of the RLA’s key asks ahead of the last electionand budget, and Sajid Javid confirmed the Government planned to adopt the plans in October last […]

The post Government to consult on RLA housing court plan appeared first on RLA Campaigns and News Centre.

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Jun
21

Training Tips for Accidental Landlords

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With the ever-growing number of laws governing the private rented sector, becoming a landlord for the first time can be somewhat daunting. Here are a few top tips to make sure you understand your legal obligations so you can be sure that you don’t fall foul of landlord legislation.

The post Training Tips for Accidental Landlords appeared first on Property118.

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Jun
21

Government issues new HMO and licensing guidelines

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HMO Guidelines:

The Ministry of Housing, Communities and Local Government (MHCLG) yesterday published a new set of guidelines for landlords on the legislative changes for HMOs and also for selective licensing.

The guidance document includes details about the new legislation extending mandatory licensing to smaller HMOs and introducing minimum bedroom sizes, as the Government continues its drive to improve standards in the PRS and to “rebalance” the relationship between landlords and tenants.

Last month’s legislative changes are designed to protect tenants’ living conditions by specifying minimum room sizes for HMOs. Landlords letting properties to five or more people from two or more separate households must all now be licensed by their local housing authority. The three story rule no longer applies, so HMOs meeting the above criteria will be licensable for one, two, three or more stories.

The government estimates that this change will bring around 160,000 houses into the licensable houses in multiple occupation (HMOs) catchment. It will mean more work for local authorities to administer these schemes, but it will put them into a better potion to crack down on the small minority of landlords who abuse the system – renting dangerous, sub-standard and overcrowded homes.

The new legislation also covers refuse disposal schemes, so landlords are made responsible to the council for managing and reducing problems with rubbish around their rental properties.

Speaking about these new guidelines, Housing Minister Heather Wheeler MP said:

“Everyone deserves a decent and safe place to live.

“Today’s new guidance for landlords will further protect private renters against bad and overcrowded conditions and poor management practice�.

A review of the selective licensing scheme

The new guidelines published yesterday include an announcement that the government is to review how selective licensing schemes are working up and down the country, and how the scheme is being applied by councils.

In those areas where selective licensing has been implemented, landlords must apply for a licence to rent out a property. In doing this, councils can decide whether or not a landlord applicant is a ‘fit and proper person’ using various laid down criteria.

The National Landlords’ Association (NLA) says it is objecting to a blanket approach taken by some selective licensing schemes, and has suggested that a street by street, area by area, approach should be used in the first instance to target the worst areas, which also, it argues, helps with proper enforcement.

The licence fees, the NLA says, are an issue, as landlords may need to pass these costs onto their tenants. This, says the NLA, will place a greater burden on the most vulnerable people in the private rented sector (PRS), often the low paid and socially supported tenants.

NLA Local Policy Officer Gavin Dick argues:

“If selective licensing schemes are used appropriately and in a targeted fashion, they can be an effective tool for councils to improve housing standards. However, they need to be implemented properly, fully resourced and enforced.

“We believe a far more effective means of improving standards in the PRS is through better co-operation between councils and landlords, which can be bolstered through accreditation.�

The selective licensing review is to be carried out by independent commissioners gathering evidence from local authorities and bodies representing landlords, tenants and housing professionals.

The review’s findings are to be published in spring of 2019, with an update on progress this coming autumn.

[Image: Housing Minister Heather Wheeler MP]

The full guidelines MHCLG guidelines here

©1999 – Present | Parkmatic Publications Ltd. All rights reserved | LandlordZONE® – Government issues new HMO and licensing guidelines | LandlordZONE.

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Jun
20

Universal Credit – landlords agree reform is needed

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The RLA continues to call for the roll out of Universal Credit to be paused in the wake of a report by the National Audit Office. The report said Universal Credit was not offering value for money and the system could end up costing more to administer than the benefits system it is replacing. However, it concluded […]

The post Universal Credit – landlords agree reform is needed appeared first on RLA Campaigns and News Centre.

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Jun
20

Scam Awareness Month: Top tips for landlords

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This month is Scams Awareness Month, and the RLA is helping members to protect themselves against being the victim of a scam. Last month, HMRC warned landlords of tax refund scammers, after fraudsters had been found to be using email and text message to scamp people out of their savings. Scams Awareness Month is a […]

The post Scam Awareness Month: Top tips for landlords appeared first on RLA Campaigns and News Centre.

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Jun
20

Call of the Week-GDPR privacy notice

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Call of the week

Our Landlord Advice Team are still receiving some calls relating to GDPR, nearly a month on from when the regulation came in to force. This weeks call was from a landlord of two properties, both of which had tenants already in place. The landlord wanted to know whether he needed to register with the Information Commissioners […]

The post Call of the Week-GDPR privacy notice appeared first on RLA Campaigns and News Centre.

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Jun
20

Review of Selective Licensing announced

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In addition to releasing the guide “Houses in multiple occupation and residential property licensing reform: guidance for local housing authorities” the Ministry of Housing, Communities & Local Government has today announced a review into selective licensing to find out how well it is working.

The post Review of Selective Licensing announced appeared first on Property118.

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Jun
20

Going to pot: Cannabis farms and your rental homes

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residential property investor rpi

Cannabis is big business – and worrying statistics show 90% of cannabis farms are being set up in residential homes. Could your buy-to-let be in a dealer’s sights, and how do you protect yourself and your property? We’ve all seen the pictures in the press. Grim-faced policemen surrounded by forests of plants – electric lamps […]

The post Going to pot: Cannabis farms and your rental homes appeared first on RLA Campaigns and News Centre.

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Jun
20

Of course it appears cheaper!

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Santander Bank have issued a widely reported press release: “Owning a home is cheaper than renting in all areas of the UK”

The Bullet points of their latest research below:

  • Average first-time buyers could save over £2,250 a year once on the property ladder compared to renting
  • Londoners could make the biggest saving

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