A NURSERY worker’s rental property was taken over by around 20 “hot bedding” shift workers, a court heard. Wiltshire Council took Siddika Begum to court, saying she was responsible for an illegal HMO and had lied to council staff about who was living at the property....
News
Landlords should try to avoid selling
Recent data showing that it now takes longer to sell a house than a year ago should encourage landlords looking to sell up to make the most of their rental properties while the market is tricky. PropTech platform RentalStep says the slowing market should dissuade...
BTL mortgage rates fall to lowest level since start of 2021
MoneyFacts.co.uk have reported on recent mortgage rates. The article can be seen here, but says:- Landlords looking to lock into a fixed buy-to-let (BTL) mortgage deal will be pleased to see that the average two and five year fixed rates have fallen since the start of...
Proof that landlords do upgrade their property
Paragon has revealed that landlords spend an estimated £839 million each year upgrading newly purchased rental property before letting it out to tenants. The bank’s survey of approximately 900 landlords showed that 77% invest in upgrading property after purchase,...
Council set to fine landlords for contaminated recycling bins
Landlords in Islington could be fined if communal recycling bins get contaminated with non-recyclables Landlords could be fined almost £50 if they contaminate communal recycling bins with general waste. Islington Council will vote on Thursday whether to pass a new...
Unlicensed landlord has to hand back 12 months rent
A rogue landlord has lost a legal battle against his former student tenant. She was living in an eight-bedroom house in multiple occupation (HMO) in the Selly Oak area of Birmingham while studying at the university. The university student, Meg Cole, from Cardiff, took...
Council declared a ‘Slum Landlord’ by regulator
CROYDON IN CRISIS: The Social Housing Regulator has this morning issued its formal notice in which it states that South Norwood council tenants’ ‘homes were uninhabitable and apparently unsafe, and the evidence demonstrates that other tenants may also have been at...
Court upholds judgement for payment of commercial rent
A technical article from Herbert Smith Freehills comments on a recent court case where a landlord was awarded judgement for outstanding rent. The original can be seen here, and says:- A High Court Master has granted summary judgments to the landlords of commercial...
Council announces new licensing consultation
The Royal Borough of Kensington and Chelsea has published a consultation with draft proposals to introduce a second licence for landlords who have HMO properties. The council’s aim is to improve housing standards and act against those who do not provide safe...
Help to Buy (ISA Scheme): 1 December 2015 to 31 December 2020
On 13 May 2021 HM Treasury published statistics on the government’s Help to Buy: ISA scheme. Since the launch of the scheme: 386,728 property completions have been supported by the scheme. 508,492 bonuses have been paid through the scheme with an average bonus value...
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Some cautious positivity in the market
The November 2023 RICS (Royal Institution of Chartered Surveyors) UK Residential Survey results indicate a more...
Government warned that the RRB will fail without financial assistance for councils
Members of Parliament (MPs) have raised concerns regarding the government's Renters (Reform) Bill. The key points...
Two agencies expelled from the Ombudsman scheme.
Monsoon Properties Ltd and Prinsegate Chartered Surveyors have both been expelled from The Property Ombudsman (TPO)...