The unprecedented demand for UK rental property has increased the average property rental price throughout the UK and some private sector landlords have been quick to increase the rental price for their properties to almost record levels. Since the start of the recession the private rented sector has experienced a surge in demand with 20,000 […]
Read MoreNews that Basildon Council is to spend an estimated £18 million removing 400 gypsies from an illegal site at Dale Farm (which some among their number own) has sent shiver down the spine of many a landlord. That’s in the region of £45,000 a head; probably far more than the rating contribution of most of […]
Read MoreYes, it seems landlords think so. A wave of optimism is sweeping across the lettings industry with landlord optimism at its highest for four years, according to the latest figures. In a recent survey, 65 per cent of landlords surveyed described their own lettings business’ prospects as ’good’ or ‘very good’. Landlords are still experiencing […]
Read MoreLandlords frequently hear about the importance of robust tenant checks but are they checking the guarantor is being checked out too? Probably not. References must be taken out on tenants’ guarantors too otherwise there is no point in having a guarantor. With the start of the academic year just around the corner Legal 4 Landlords […]
Read MoreLandlords look to invest in family homes Landlords who have traditionally chosen to let out flats are now looking to family homes. The oversupply of flats means family homes should be considered as a good investment option as opposed to flats. There are more than 3.4 million households in rental accommodation in England alone, up […]
Read MoreIt’s been reported that the cost of renting has risen for the sixth month in a row. We’re finding more and more first time landlords coming to us for advice and Landlord services. In July, the average rent paid in England and Wales rose by 0.6 per cent to a record £705 per month. On […]
Read MoreNew statistics show the number of court cases brought by private landlords increased by seven per cent last year, with cases for accelerated possession increasing by 37 per cent – back to pre recession levels. Landlords are clearly taking action to get their properties back. Of all our landlord services, our evictions service has been […]
Read MoreIt’s been reported the strict criteria of some tenant referencing companies is squeezing some tenants out of the rental market as they struggle to meet income and deposit requirements. Here at Legal 4 Landlords we’re calling for stronger regulation of tenant referencing. This protects both the landlord and the tenants and helps avoid evictions further […]
Read MoreAt present there is no tenant referencing criteria and landlords, letting agents and tenant referencing companies use their own. We’re seeing tenant suitability is determined using a range of inconsistent checks. Surely tenant referencing needs stronger regulation? A nationwide poll this year found that 18 percent of landlords never trust a tenant when making a […]
Read MoreLatest Landlord News by: Madalena Penny 10 skips, mattress’s and an old sofa was still not enough for one private landlord to barricade in tenants and deter them from leaving a plush £1million rented property. For someone who has written for the private rented sector for some years, there is something very odd about that […]
Read MoreLatest Landlord News by: Madalena Penny Ask any letting agent and it’s the same story…..they need more private landlords with decent, available accommodation to let. Since the great property famine descended upon the UK and house prices bombed and sales became stagnant, estate agents focused through necessity on lettings in the wake of restricted mortgages […]
Read MoreLatest landlord News by: Madalena Penny As residential rental scams reach an all time high, involving elaborate cons costing unsuspecting tenants thousands of pounds in lost deposits and rent, the rise in unethical letting agents riding on the continued wave of tenant-demand is also reaching unprecedented levels. Last year, the Property Ombudsman (TPO) revealed that […]
Read MoreLatest Landlord News by: Madalena Penny The current lack of available housing stock resulting in demand for rental accommodation has paved the way for the return of the reluctant landlord along with new investors looking for long-term growth in the BTL sector as opposed to investing into pension schemes. The most widely offered tenancy, the […]
Read MoreLatest Landlord News by: Madalena Penny The severe shortage of available housing stock in both the social and private sectors has prompted yet another council to dip their toe into private rented sector property management. Doncaster ALMO (Arms Length Management Organisation) St. Leger Homes has announced they are establishing a private landlord register. As a […]
Read MoreLatest landlord News by: Madalena Penny Last week in Wolverhampton, a tenant who threatened her 76 year-old landlord with an imitation gun is now facing trial at crown court. In a conversation concerning the tenant’s rent arrears, the 21-year-old tenant brandished a cigarette lighter in the guise of a gun, she then informed her landlord […]
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