Latest News/Blogs
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Fixed Heating Landlord Fined
A landlord has been ordered to pay a fine £1,344.57 after failing to install fixed heating to a property she was letting out to private tenants. The landlord, in Hertfordshire, was served with an Improvement Notice under section 11 of The Housing Act 2004 to require the works to be…
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UK Buy-To-Let Investors Cautious Of Becoming Landlords
A poll claims that 36% of UK adults feel that to become UK buy-to-let investors is ‘extremely risky’. 2,000 people were included in the survey and there were two major concerns over becoming a landlord because of tenants damaging the property and having to repair toilets – both came in…
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Landlords Overestimating The Profitability Of BTL
UK landlords are at risk of overestimating the profitability of their buy-to-let investment by neglecting to take into account key running costs, according to research by a property firm. Platinum Property Partners (PPP) says the total potential cost associated with the annual running and upkeep of a BTL property –…
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Be aware of the proposed government regulations on Smoke and Carbon Monoxide alarms
The government is planning to enforce that landlords must have full working smoke and carbon alarms installed, this comes under section 150 of the Energy Act 2013. Section 150 (1) states is the sole responsibility for the landlords during any tenancy period that: “the premises are equipped with a required alarm…
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Pop Star Owing His Landlord Evicted
A pop star has been evicted from his London flat owing his landlord more than £30,000 in rent and causing him to have a breakdown. Pete Burns, 55, was the lead singer of Dead or Alive who had a number of hits in the 1980s including You Spin Me Round…
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Buy To Let The Outstanding Investment Since 1996
Buy to let has been the outstanding investment of the past 18 years, providing average returns outstripping all other major asset classes, a peer-to-peer lending group claims. Every £1,000 invested in an average buy to let property purchased with a 75 per cent loan-to-value mortgage in the final quarter of…
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Will pension freedoms spark buy-to-let boom?
Brokers say improving market conditions, regulatory shifts and new pension freedoms have combined to make the buy-to-let sector the most attractive lending proposition. A string of new entrants have either already joined the UK buy-to-let market in recent months or are planning to do so in the coming months. State…
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Celebrating 50 Years Of Londons Boroughs
1st April 2015 marked 50 years since London became Greater by the creation of 20 outer Londons boroughs and 12 inner Londons boroughs in addition to the City of London, thanks to the London Government Act 1963. London Councils have produced a short film, which is just the start of a year of…
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Unintentional Landlords Number A Quarter
Research from the National Landlords’ Association shows that 24 per cent of UK landlords – approximately 360,000 – came into the market accidentally (unintentional landlords). The survey asked landlords why they first entered the buy to let market: 11 per cent entered by chance, for example through inheriting property; five…
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North West London landlord convicted for gas safety dangers
A Harrow-based landlord has been given a suspended jail sentence and fined £10,000 for putting his tenants’ lives in danger by carrying out illegal gas work at the flats he rented. Vispasp Sarkari, who rented out five flats in a block on London Road in Wembley, was charged with a…
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Private Rental Licensing Curb Slammed
The Mayor of Newham council in London has made an outspoken attack on the government following the private rental licensing curb which came into effect this week. Two years after becoming the first local authority in England to introduce borough-wide private rented sector licensing, Newham Council claims to have licensed 100…
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Agents And Landlords CAN Stop Tenants Sub-Letting Properties
The government says letting agents and landlords can, after all, prevent tenants sub-letting properties, despite apparently saying the reverse in a statement immediately after the Budget earlier this month. On page 51 of the Budget Red Book – the document which is released after the Chancellor makes his Budget speech…