New government white paper plans to reform “broken” housing market Communities Secretary Sajid Javid has unveiled new plans to reform the UK housing market. Speaking in the House of Commons on the 7th Feb, Javid presented plans to reform the UK’s “broken” housing market through the aptly entitled white paper Fixing our Broken Housing Market. […]
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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 MoreEver thought about putting up an illuminated sign to advertise a property for rent? Don’t do it. It might catch the eye, but it would also be in contravention of the Town and Country Planning (Control of Advertisements) Regulations 2007. You could find yourself with a Penalty Charge Notice and a rather hefty fine. The […]
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On January 17, Theresa May’s speech took us closer to understanding what a post-Brexit Britain may look like. Now, just a week later, the Supreme Court has ruled, by a majority of 8 to 3, that Mrs May’s plans must jump another hurdle before any negotiations can take place. Parliament will have to approve the […]
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Theresa May’s speech last Tuesday took us closer to understanding what a post-Brexit Britain may look like but offered little by way of concrete facts and figures. Now, with the Single Market inextricably tied to free cross-border movement, it seems Britain’s trading position is due for a bigger upheaval than some would have hoped, and […]
Read MoreWe’re doing what we can to promote a responsible, fair and professional property rental sector. Sadly, there are still landlords whose standards are poor, dangerous and unfair to tenants but, as the TV programmes show, there are plenty of rogue tenants too. If you’re unfortunate, and you fall victim, there’s no point running to the […]
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As individuals, we’re all getting older – hopefully – but it seems that the general trend amongst landlords is the same. In 2004, the London School of Economics (LSE) conducted a survey. Twelve years later they repeated it and the differences are striking. In 2004, 24 per cent of buy-to-let landlords were aged 55 or […]
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It’s not an amnesty, but HMRC is running a campaign encouraging landlords to sort out their tax affairs. Known as the Let Property Campaign, it’s aimed at those who might not be up to speed with the tax laws or who have made honest mistakes and are worrying about the situation. It offers any private […]
Read MoreUK tenants are wasting an estimated £1.59 billion every year – and landlords could be to blame. UK tenants are wasting an estimated £1.59 billion every year on pricey energy providers – and landlords could be to blame. That’s what MoneySupermarket reckon, anyway. The price comparison website recently unveiled a new study on energy provision […]
Read MoreLegalforLandlords attended the 23rd Relocation Agent Network National Conference, exhibiting at the event’s trade exhibition. Held on Friday 18 November 2016, at the Sofitel Hotel and Conference Centre, Heathrow, the Conference has become a calendar highlight for Network estate agents. Exclusively for Relocation Agent Network members, the Conference includes some of England, Scotland and Wales’ […]
Read MoreIt’s been widely rumoured, especially after the introduction of the ban in Scotland, but the Chancellor has now announced that letting agents’ fees are to be banned. It’s a move that’s likely to be popular with the country’s 4 million renters, but which will have a significant effect on the sector. We had hoped that […]
Read MoreFollowing persistent cuts, interest rates on buy-to-let mortgages are now at an all time low. UK landlords are taking full advantage… 2016 has been a year of ups and downs for UK landlords. First they found out their tax bills would climb. Then they were hit with stamp duty hikes. Then the public voted to […]
Read MoreWe’re rapidly heading towards that time of year when everything stops working for the Christmas and New Year break. Although it’s not widely known or publicised, the courts generally operate an amnesty on evictions over the festive period. The exact dates vary, but can be as much as a fortnight either side of Christmas Day. […]
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2017 reforms look set to leave landlords worse off. But, as we edge ever-closer to January, many believe they’ve spotted a tax loophole that could turn the tide back in their favour. Is the second-homeowner party set to continue? When George Osbourne announced buy-to-let tax relief reforms back in July, his intentions were clear: Buy-to-lets […]
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The unexpected rise of the ‘parent landlord’ As UK house prices continue to climb, increasing numbers of parents are letting second homes directly to their offspring. A match made in heaven? Or a recipe for disaster? As you’ll no doubt have seen, house prices in the UK are still on the rise. Even amongst a […]
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