In business, success requires a close eye to be kept on income and expenditure. It’s no different in property rental, and in a climate of tax changes, increasing regulation and the knock-on effects of the agency fees ban, cutting unnecessary expenditure makes sense. It is easy, therefore, to see why some landlords are choosing a […]
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We’re all human. We put up with things because familiarity is comfortable. Even though somethings may not be working for us, we carry on using it. We tolerate the shortfalls and live with the frustration. We don’t grow, we don’t make progress. Tenant referencing is a good example. There are vast differences between the best and […]
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91 landlords have been hit with fines following the introduction of the Right to Rent Scheme across England last year. The scheme, first trialled in the West Midlands then rolled out throughout England in February 2016, aims to combat illegal immigration by ensuring those letting property check tenants’ right to rent beforehand. The latest figures […]
Read MoreWe all like to think that we’re good at assessing someone else’s character at the first meeting, but for a landlord this skill is vital. When you take on a new tenant, you’re trusting a stranger with your huge investment. Yes, you’ve got the protection of the law, but that’s something which helps you when […]
Read MoreThe private rented sector has consistently accelerated over the past few years; back in 2014 the Intermediary Mortgage Lenders Association predicted that if the market trends continued over 50% of UK homes would be rented by 2032. While this is good news for you letting agents, that growth also comes with additional rules and regulations […]
Read MoreLandlords or their agents will automatically be committing a criminal offence if told by the Home Office that a tenant is living in the UK illegally. At least, that’s the extremely unfortunate situation to be faced if the 2015 Immigration Bill comes into force as currently written. Here’s the situation at the moment: The 2014 […]
Read MoreIllegal immigrants to be banned from renting property in the UK Private rental sector (PRS) landlords will be risking a fine of £3000 for breaking the law by letting rental property to illegal immigrants without doing proper background checks and comprehensive tenant referencing. The proposal is currently undergoing a seven week consultation process and set to […]
Read MoreGood news for private sector landlords as business will continue to boom! The post war “must be a homeowner” mentality of our parents has been replaced with the more modern paradigm of our neighbours on the Continent, “rent for life” Whilst our forebears wanted to own property for a sense of security and […]
Read MoreLegal 4 Landlords tenant referencing services are fast, reliable, accurate and 100% secure Legal 4 Landlords pioneering tenant referencing system is more advanced and more efficient than any other tenant referencing system available. Legal 4 Landlords fully online system is faster and more accurate than ever before with the ability to track and manage all […]
Read MoreThe Governments plan to make private rented sector (PRS) and social housing landlords legally responsible for checking the immigration status of all tenant applicants has raised questions on the policy from MP’s. The proposal to make landlords perform immigration checks on tenants and prosecute those who fail to comply has caused outrage among UK PRS landlords, who would […]
Read MoreLandlords Set To Become UK Border Agency Informants Private sector landlords are set to become unpaid members of the UK Border Agency as amendments to the UK immigration laws announced in the Queen’s Speech last week are pushed through Parliament UK landlords will become legally responsible for ensuring that they only let rental properties to […]
Read MoreThe number of tenants in severe rent arrears declined by 15.6% during the final quarter of 2012, according to data released by Templeton LPA, part of the LSL Property Services group. The data indicates that in the last quarter of 2012, almost 16,000 fewer tenants faced severe rent arrears of more than 8 weeks rental […]
Read MoreGovernment ministers face an increasing amount of pressure to disclose their official estimate of how many immigrants will pour into Britain next year from Eastern Europe, after remarks were made on The BBC’s Sunday Politics Show. Communities and Local Government (DCLG) Secretary Eric Pickles conceded on TV that a wave of immigrants from Romania and […]
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