Property Industry News

Help to Rent and tax reforms among recommendations made to Treasury

Mon, 25 Sep 2017 12:00:13 GMT
The National Landlords Association (NLA) has submitted recommendations to HM Treasury ahead of Autumn Budget Statement, due to be delivered on Wednesday 22nd November 2017. The focus of the trade body’s representations was to ensure that fiscal and economic policy better supports inves [...]
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Naive couple conned by imposter landlord

Mon, 25 Sep 2017 12:00:04 GMT
A couple in Plymouth have been scammed out of £1,200 by a fake landlord who copied and pasted pictures and details of a property from a listing from Martin & Co on Rightmove and published it on Facebook. Jenny Foster-Mitchell, 35, and Cheryl Foster-Mitchell, 28, were keen to move o [...]
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Letting agents under ‘increasing pressure’ from changing legislation

Mon, 25 Sep 2017 12:00:02 GMT
It is currently a challenging time for letting agents, following a raft of changes introduced by the government prompting concern that fewer homes will come onto the market, as vast numbers of landlords will be forced to exit the sector, restricting the level of housing stock agents [...]
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More landlords likely to use specialist lenders due to new changes - Together

Fri, 22 Sep 2017 12:00:04 GMT
As the buy-to-let industry braces itself for yet more changes, a growing number of private landlords are likely to turn to specialist mortgage lenders for finance, according to Together, which offers short-term finance, auction finance, commercial and buy-to-let mortgages. From the end of ne [...]
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Landlord threatens to sue council after 35 men were found living in his house

Fri, 22 Sep 2017 12:00:02 GMT
The owner of a three-bedroom house in Queensbury, north-west London, where 35 men were living in rooms full of mattresses has threatened to sue Brent Council after publically referring to him as a rogue landlord. The residents had been cramped into every room other than the bathroo [...]
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Landlords prosecuted for failing to licence or maintain their BTL properties

Fri, 22 Sep 2017 12:00:01 GMT
A landlord in Sheffield, who also happens to be a company director and letting agent, has been handed a hefty fine for housing offences by Sheffield City Council. Action was taken against Wasim Khan, of Abbeydale Road, and the company he directs, Hallam Hills Ltd, over two buy-to-let propert [...]
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Landlord licensing scheme considered in Hackney

Thu, 21 Sep 2017 12:01:03 GMT
  Hackney Council is planning to introduce a selective licensing scheme in an effort to clamp down on unscrupulous landlords in the local area as well as reduce anti-social behaviour in private rented properties. The council’s consultation on the proposed introduction of the sche [...]
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Independent inventories for student properties are ‘invaluable’, says AIIC

Thu, 21 Sep 2017 12:00:02 GMT
For a long time, fair wear and tear has been a grey area for landlords and letting agents alike, and because it tends to vary from case to case, it is among the least understood areas of the lettings process, and one which can create much ambiguity and cause a high level of disputes at the en [...]
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