Property Industry News

The new tenant legislation ‘needs to go much further’, says leading agent

Fri, 19 Jan 2018 12:00:08 GMT
A leading letting agent has warned that new measures to protect tenants do not go far enough. The government announced earlier this week that it would be supporting legislation to give tenants the right to take legal action against landlords who rent out unsafe or substandard accommodation. [...]
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Landlord fined £70,000 for safety breaches

Fri, 19 Jan 2018 12:00:06 GMT
A landlord in Luton has been handed the largest fine the town has ever seen for breaches of the law regarding houses in multiple occupation, including a total disregard for the safety of his tenants. At a Magistrate’s Court hearing, Alyas Hussain of Dunstable Close, Luton, was fined &p [...]
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Rogue landlords allegedly making millions out of housing benefits

Fri, 19 Jan 2018 12:00:04 GMT
Rogue landlords are profiting from the housing benefit system by enticing desperate local authorities to place single homeless people into small flats, including rooms that have been converted into self-contained units, according to a fresh report. An article in The Guardian this week said t [...]
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How to be a successful landlord in five easy steps

Fri, 19 Jan 2018 12:00:02 GMT
Tenants that have nothing but respect and praise for their landlords are the sort of tenants that are likely to be loyal with payments and stick around. It is a no brainer, the better you are to them, the better they will be to you. Being a good landlord is more than just being a friendly fa [...]
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More than half of Brits face issues with agents

Fri, 19 Jan 2018 12:00:00 GMT
More than half of those who bought, sold or rented a home in the last five years had issues with their estate or letting agent, according to a new study.   Some 54% of the 2,002 people surveyed had a bad experience with their agent, and Propertymark, which undertook the research, sugges [...]
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A ‘perfect storm’ is brewing for buy-to-let landlords

Thu, 18 Jan 2018 12:00:05 GMT
News that a growing number of buy-to-let landlords are likely to exit the private rented sector or reduce the size of their property portfolio over the next 12 months due to policy changes comes as little surprise to many people, including a senior property investment specialist. The finding [...]
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RLA supports new measures to improve the safety of tenants

Thu, 18 Jan 2018 12:00:04 GMT
The Residential Landlords Association (RLA) has expressed its support for new legislation that will help ensure rented homes are safe and give tenants the right to take legal action when landlords fail in their duties. The government last week expressed its support for the proposal put forwa [...]
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Coventry for Intermediaries’ BTL fixed rates fall to record low

Thu, 18 Jan 2018 12:00:01 GMT
Coventry for Intermediaries has reduced rates across its entire buy-to-let range, with new deals including its lowest ever two- and five-year fixed BTL ranges. Coventry’s latest products include a 50% loan-to-value (LTV) two-year fixed rate product that has been reduced from 1.49% to 1 [...]
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