A one-bed flat in west London owned by Kensington and Chelsea council was subject to an illegal sub-let from the ‘tenant’, who was not living at the property and was claiming to be a private landlord. He received £850 a month from three subtenants, and was caught when...
Analysis by Hamptons estate agents reveals that far more landlords are selling than buying as rental supply plummets. On average, the market is set to lose roughly 3,800 landlord properties every month in 2022, more than double the number from two years before, and...
The Swindon Advertiser are reporting on a landlord who was forced to spend a considerable amount of money to repair a property wrecked by an anti-social tenant after the police classified the incident as a civil complaint after deciding there "wasn't enough evidence...
(Alliance News) - House prices in the UK hit a sixth straight record high in July, a house price index compiled by Rightmove PLC showed on Monday, but the property portal expects prices to cooling off for the rest of 2022. Average house prices increased to GBP369,968...
Rents are increasing at the fastest rate on record, according to Melissa Lawford at the Telegraph London rental growth hit a new high of 15.8pc, the fastest rate ever recorded by property website Rightmove. In central London, rents increased by 21.1pc last year....
The East Anglian Daily Times are reporting a comment by a local solicitor on the potential impact of the removal of the Section 21 Lee Pearce - who is partner and head of dispute resolution at Suffolk and Essex-based Ellisons Solicitors - believes the new system -...
The Telegraph are reporting a landlord previously owning 25 holiday homes. Despite the booming staycation market and ability to rent out the properties for tens if not hundreds of thousands of pounds a year, the landlord recently starting scaling back, and now has...
New rental laws in Queensland, Australia will make it more difficult for landlords to terminate leases or deny tenant requests to have pets. The law changes are set to come into effect from October 1 in a series of reforms to the Housing Legislation Amendment Bill...
The City regulator has ordered bank boards to step in and improve the way struggling small business borrowers are handled after uncovering widespread mistreatment of companies across the banking industry. A Financial Conduct Authority review of 11 banks’ handling of...
There are currently two redress schemes set up to monitor all letting agents and allow for complaints to be investigated independently. The two schemes are the Property Redress Scheme with more than 13,250 letting agency branches and the Property Ombudsman scheme...
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