guaranteed-rent-video

Guaranteed Rent Specialist – Let your property to the Council

At Central Housing Group we try to make renting your property as stress-free as possible. Send us your details filling in a brief form on our website. We’ll arrange to meet you at your property for a viewing. We’ll assess your property in line with our company checklist. We can assist with any repairs your property may need. When your property complies with our company checklist we’ll provide a contract for…

Read more Leave a comment

Universal Credit, Housing Benefit & LHA causing Rent Arrears

Around 90 per cent of social housing tenants on the Government’s new Universal Credit benefits system are currently behind with their rent because of the way the scheme is structured, a new report by housing providers has revealed. The research, conducted by two housing industry groups, found that a built-in seven-week wait for tenants before they could receive their first payment meant that nearly everyone on the scheme goes straight…

Read more Leave a comment

Romesh Muthiah, Co-Director of Central Housing Goup

Finalist: Customer Service 2014/15 – Landlord and Letting Awards

We were delighted to be shortlisted as a finalist in the 2014/15 Landlord and Letting Awards for best ‘Customer Service’ category. As a finalist we were invited to the awards gala dinner held at Stareton Hall, Stoneleigh Park, Warwickshire on the 26th November 2014. The awards were hosted by Tommie Walsh, who after working as a builder, went on to appear in BBC Television gardening programme ‘Ground Force’ and subsequently…

Read more Leave a comment

Time to start painting

Most landlords out of pocket after tenants’ property damage

Over two thirds of landlords find themselves out of pocket as a result of property damage caused by vacating tenants. A survey of landlords have revealed that the biggest problem is stained carpets – 76 per cent of landlords say they need to remedy this in voice periods. Filthy ovens were a problem for 67 per cent of landlords while 58 per cent had to redecorate to cover marked walls.…

Read more Leave a comment

mortgage-approvals-565c2f99d491c

Mortgage lending and individual borrowing rose in October according to the latest Bank of England credit report

The number of mortgages approved in October rose to 69,630, just up from September’s 69,012 figure and higher than the 68,099 average over the last six months, Bank of England figures published today showed. The value of new mortgage approvals hit £12.2bn. The October total was just shy of the 70,000 figure forecast by analysts and up 17.2 per cent year-on-year, from 59,423 in October 2014. Howard Archer, chief economist at IHS Global, said mortgage values were being lifted by higher…

Read more Leave a comment

Buy-to-let is taxed more in Britain than Germany, France or US – before the new tax

Even before George Osborne’s shock new tax on buy-to-let, landlords here pay more than in most other major economies When George Osborne announced that he was cutting the amount of mortgage interest relief landlords could claim, he stated that the aim was to level the playing field between landlords and first-time buyers. Whether his controversial measures will achieve this or not, what is clear is that property investors in Britain…

Read more Leave a comment

Landlords allowance to be scrapped

Reduced buy-to-let tax relief causing concern for UK landlords

The fall in landlord buy-to-let tax relief is a major factor for 50 per cent of all landlords currently looking to sell, according to a survey by estate agents Your Move and lettings agent network Reeds Rains. In the summer budget George Osborne cut buy-to-let tax relief to the 20% basic rate. Despite most of landlords (58 per cent) expecting tenant demand to rise over the next six months, 9…

Read more Leave a comment

£5m government to crack down on rogue landlords

The government has announced new funding to crack down on rogue landlords and tackle ‘beds in sheds’. Communities secretary Greg Clark said the money will help up to 65 councils tackle rogue landlords who let out substandard homes and “make tenants’ lives a misery”. The worst affected councils which have a large proportion of private rented stock in their areas and significant problems will be able to bid for a…

Read more Leave a comment

Association of Residential Letting Agents

DCLG rogue landlords consultation outcome published

The Department for Communities and Local Government (DCLG) has published the full outcome of its consultation: Tackling rogue landlords and improving the private rental sector. Over 600 responses were given, including one from the Association of Residential Letting Agents (ARLA) which has analysed the results. The technical discussion document which was launched back in August set out a series of questions aimed at getting a feel for various measures to…

Read more Leave a comment

AIIC

Winter voids risk damage to properties, warn inventory clerks

The risk of damage to rental properties heightens in winter – especially if homes are empty, according to the Association of Independent Inventory Clerks. The association is urging landlords or agents acting on their behalf to take extra care as the temperatures fall. The association explains that with no one living in a property for an extended period of time, it will not be ventilated properly which could lead to…

Read more Leave a comment

Landlord fined after failing to improve property he was renting out

Landlords hit with large fines after over-crowding cases

A landlord has been hit with costs of nearly £25,000 after renting out substandard houses to 30 people without a licence. John Mayer, of Plymouth, pleaded guilty to four cases of failing to apply for an HMO licence. He also failed to comply with improvement notices, leaving 12 tenants without adequate heating. Mayer was fined £23,000 in total and ordered to pay court costs of £1,554 at the rate of…

Read more Leave a comment

Block of Flats

More Housing Help Needed For Londoners On Middle Incomes

When it comes to housing, we talk a lot about social rent and its replacement, ‘affordable’ rent. But what we don’t talk that much about is what’s known as ‘intermediate housing’ — like shared ownership and intermediate rent. There may be a reason for this, and that’s because intermediate housing (that’s 80% of the local market rate, paid for without housing benefit, available to households with an income of less than…

Read more Leave a comment

letting agent

Huge support for clampdown on rogue agents and landlords says government

The Department of Communities and Local Government has published a summary of the 600 responses it has received to its recent consultation process – and it says there is overwhelming backing for its clampdown on rogue agents and rogue landlords. In the summer the departments asked a series of questions aiming to get broad views towards a range of measures to tackle the worst offenders in the lettings industry. In…

Read more Leave a comment

Trading-Standards-logo400x310

Trading Standards check 202 agencies’ redress memberships

The trading standards division of a London council claims it has checked on all 202 letting agencies in its borough to ensure they are in one of the three official redress schemes. According to Enfield council, all 202 agencies were within its boundaries. Some 172 of them were clearly members of one of the schemes, but 30 agencies “required further inspections” to check. Eventually just six were found to be…

Read more Leave a comment

edmoton1

The Best Of Edmonton In Photos

This week, we’re taking a trip through the camera lens to Edmonton, N9, and surrounding areas in the Borough of Enfield. From green fields and graveyards to high rise flats, it’s a varied terrain in this neck of the woods, as these photos depict. Notable past residents have included poet John Keats (there’s a plaque dedicated to him on Church Street) and sibling authors Charles and Mary Lamb. Choo choo!…

Read more Leave a comment

hammersmith-fulham-200

Hammersmith and Fulham Council to consult on new landlord licensing schemes

Investigations by London Property Licensing have uncovered proposals to implement new additional and selective licensing schemes in the London Borough of Hammersmith and Fulham, where private rented homes account for around a third of the housing stock – around 27,500 properties. On 2 November 2015, a report on improving the private rented sector was presented at the Council’s Cabinet Meeting. The report notes that the private rented sector in Hammersmith…

Read more Leave a comment

Fresh coat of paint on new apartment for young black african couple who have success and a home

Nine ways to increase your buy-to-let profits

Changes announced in the Budget will significantly increase landlords’ tax bills. Here’s our guide to what you can – and can’t – claim back from the taxman The Government’s tax changes for landlords, announced in the summer Budget, will significantly eat into landlords’ profits and, in many cases, will wipe them out completely.The changes are so complex that their true impact was only fully understood months after the announcement. In…

Read more Leave a comment

Details of guaranteed rent scheme

Which London boroughs will see the biggest house price rises by 2020?

House prices in London will rise by 15.3pc by 2020, despite an overall slowdown in demand and transactions across the capital, according to the latest forecast from the property group Savills. While this is good news for existing homeowners, for young workers and families, who are living with parents or renting, it continues to make even the outskirts of the city worryingly expensive to get on the property ladder. As…

Read more Leave a comment

Limited companies are purchasing moree buy to let properties

Over 1.5m homes go from owner-occupation into private rented sector

Two million homes have changed tenure in the last decade. Almost all – 1,550,000 homes – have gone from being owner-occupied to rental. The remaining 550,000 have gone from being rental to owner-occupation. The research by Countrywide also says that 700,000 new homes built since 2005 have found their way into the private rented sector. Johnny Morris, director of research at Countrywide, said: “The rapid growth of the private rented…

Read more Leave a comment

Petition against buy to let tax changes passes 35,000 signatures

The online petition opposing the proposed tax changes for buy to let landlords has now reached 35,000 signatures – but is still some way off the target which may trigger a parliamentary debate on the issue. The tax proposal, outlined by Chancellor George Osborne back in the July Budget, means mortgage interest tax relief for buy to let owners will be restricted to the basic rate of income tax, currently…

Read more Leave a comment