Council pays landlord to halt legal eviction. As a clear consequence of the lack of social housing, Brent Council, unable to offer any practical alternative accommodation, has paid the legal fees of a private landlord who was pursuing a Section 21 eviction notice. The agreement involves the landlord continuing to provide the accommodation, with the […]
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As a property expert in the UK market, I’ve seen first-hand the impact of the challenges that landlords have faced over the years. These challenges have ranged from changes in tax law to stricter regulations. All have had a significant impact on the profitability of buy-to-let investments. In isolation, it’s easy to see each change […]
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Section 21 allows landlords to evict tenants without giving a specific reason if they provide two months’ notice. This is known as a no-fault eviction and is used by landlords to remove tenants who have not broken any rules or breached their tenancy agreement. Section 21 is a valuable tool for landlords. They use it […]
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Remote working, productivity and recruitment June 18th 2020 LegalforLandlords MD, Sim Sekhon is joined by Brian Farrell (MD, Acaboom) to discuss remote working, productivity and recruitment.
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Please find below our Agent, Landlord and Tenant December 2019 Newsletters containing all that is new in the property world. December 2019 – Newsletter – Agents December 2019 – Newsletter – Landlords December 2019 – Newsletter – Tenants
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We know that the proportion of people who are renting their homes is on the rise. We also know that the population is ageing. Now figures are showing that there’s rapid growth in the numbers of those aged 55 and over who are renting. This age group now accounts for around 15% of the market, […]
Read MoreLandlords who have to apply to the county court to evict a tenant who won’t leave their property have to pay court fees for the privilege. Those court fees have recently been increased by 25% without notice. And yes, unfortunately the implementation is instant. We’ve reported recently on the quickest way to evict a tenant […]
Read MoreThe average UK income hasn’t been rising at the same rate as the cost of rent for tenants that want to buy their first property, and the gap between those two figures has reached its highest point so far since the recession. New day = new data. The Office of National Statistics and the […]
Read MoreTo rent or not to rent? Historically, the ambition has been to get on the property ladder as soon as possible, but the constant rise in house prices makes this far easier said than done. The rise in house prices increases the number of people renting, which drives up rental costs, which makes it even […]
Read MoreFor some landlords, the idea of putting a tenant deposit into a protection scheme may seem unnecessary or even burdensome – why can’t you just return the deposit after the tenancy has ended if no damage has been caused to the property? In an ideal world that might be the case, but the purpose of […]
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The 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 MoreThe Tenant Survey 2015/16, carried out by YouGov on behalf of property agent Knight Frank, collected and analysed the responses of 5000 people living in privately rented property across the UK. We have highlighted what we consider to be the most significant findings and from the survey for landlords and letting agents. First, a little […]
Read MoreChancellor George Osborne’s Autumn Statement and Spending Review may have thrown a large spanner in the works for people looking to invest in buy-to-let properties or second homes. He’s decided to wack a new 3% surcharge on stamp duty. His argument? It will be fairer for first-time buyers (as the surcharge won’t apply to them). […]
Read MoreTwo shake-ups to the private rental sector in Wales If you’re a letting agent in Wales, keep on reading, because this week sees two big changes in the private rental sector. New immediate obligation to display fees The first big change is that letting agents need to be aware of a new – and perhaps […]
Read MoreIf you wanted proof that the rental market is growing, Countrywide has come up trumps. The UK’s largest letting agency has released an extensive report into the private rental sector which shows that more than two million homes have changed tenure over the last decade. Around one and a half million homes that were occupied […]
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