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AFS Pinterest AFS facebook AFS Twitter AFS LinkedIn Landlord Blogs - February, 2013

Landlord Guides

     
HMO landlords fined £55,000 in just one city
 
Shared house landlords in Oxford have paid £55,000 in fines following a housing standards crack down by the city council over the past two years.

The council has taken action against 34 landlords for failing to meet additional house in multiple occupation (HMO) licensin
     
Posted by on 27/02/2013 16:55:33
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HMO landlords slam 50% licence fee hike
 
A row over a massive increase in the price of licences to run houses in multiple occupation (HMO) from one city council has broken out.

East Midlands Property Owners (EMPO) has slammed a rise of more than 50% for the licence from £640 to £980.

They add that
     
Posted by on 27/02/2013 15:33:31
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London rents 85% dearer than the rest of Britain
 
Home rental prices in Greater London have risen by more than twice the inflation rate by 6.7% in the last 12 months to reach an average rent of £1,224 a month.

Thatís the finding in the latest HomeLet Rental Index which says the London rental figure is 85% dearer than th
     
Posted by on 27/02/2013 15:14:56
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Over 1200 student properties accredited through AFS/Unipol Scheme
 
Since its launch one year ago, 1221 student properties across 26 UK cities have signed up to the accreditation AFS/Unipol Code, the first nationwide scheme to accredit student landlords who offer high standards of accommodation, with figures predicted to rise to 2500 by the end o
     
Posted by on 22/02/2013 11:59:03
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OFT blames letting agents for ripping off landlords
 
Hidden fees and poor service from letting agents account for the most complaints landlords and tenants make to consumer watchdogs.
The Office of Fair Trading (OFT) has pored over more than 4,000 grumbles that reveal letting agents often add charges after tenancy agreements
     
Posted by on 22/02/2013 10:03:21
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Rental Dip Helps Tenants With Financial Problems
 
A third consecutive month of rental falls is helping tenants boost their finances, the latest figures from one of the UKís largest letting agents has revealed.

Average rents are now at their lowest level since last July 2012, although the figures are still 2.8% higher
     
Posted by on 22/02/2013 09:13:21
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Buy to let hits four year peak as lenders pour in cash
 
Buy to let borrowing has hit the highest level for four years as lenders pour billions in to private rented housing.

Landlord loans accounted for 11.5% of all mortgage lending last year, according to the latest figures from trade body the Council of Mortgage Lenders.
     
Posted by on 20/02/2013 15:51:07
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Private renters lead social tenants for first time in 50 years
 
Private renters outnumber those renting social housing for the first time since the 1960s.

According to the latest annual English Housing Survey published by the Department for Communities and Local Government (DCLG), there are 3.84 million private tenants, compared t
     
Posted by on 18/02/2013 10:42:02
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Councillors pass HMO plans despite objections
 
Three new student shared houses are opening in Loughborough, despite opposition from councillors and residents.

Small houses in multiple occupation (HMOs), for three to five unrelated tenants sharing, need planning permission before landlords can let them.

     
Posted by on 15/02/2013 09:07:24
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Tenant stair fall could cost landlord millions
 
A landlord insurer is facing a multimillion-pound public liability claim because a tenantís visitor fell down a flight of stairs.

The victimís young age and injuries are major factors in how much the compensation payout could reach.

The result could be that
     
Posted by on 13/02/2013 17:26:13
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Gas fitter falsified landlord safety certificates
 
Landlord safety checks were falsified after a boiler engineer wrongly claiming he was registered as a qualified gas fitter.

Steven Nurse worked on boilers and gas appliances in Torbay, Devon, and handed 10 fraudulent certificates to landlords as proof their homes were
     
Posted by on 13/02/2013 13:39:24
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Buy to let boom will continue in to 2013, say landlords
 
Strong demand and high yields are luring landlords in to buying more buy to let properties, according to new research.

Both landlord lender Paragon and property portal Rightmove have released landlord sentiment surveys that confirm more landlords want to expand their p
     
Posted by on 11/02/2013 09:12:15
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Burned student dinners set fire alarms ringing
 
Students burning their food set off fire alarms at Reading Universityís halls of residence dozens of times in the past year.

Poor cookery skills that led to burnt food were the main reason behind the 63 times that fire crews were called to the halls, according to figur
     
Posted by on 08/02/2013 09:16:55
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Skint councils milk landlords to ease finances
 
Cash-strapped councils looking for new ways to raise cash are milking landlords as cash cows to plug budget black holes.

Over recent months, councils all over the country have added charges and stripped away reliefs that have resulted in landlords paying more for the s
     
Posted by on 08/02/2013 09:09:49
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Green Deal means go for landlords
 
Student landlords need to switch on to the Green Deal Ė or face a ban on letting homes.

Under the Green Deal, which is aimed at boosting the energy efficiency of private rental homes, a new minimum standard rating is expected.

Homes that do not meet the stan
     
Posted by on 04/02/2013 11:59:27
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HMOs switched to family lets to avoid licensing
 
Around a third of landlords have changed one or more of their properties into a family home after new shared house licensing laws were introduced.

Oxford City Council questioned 30 landlords and found that nine have reduced the number of houses of multiple occupation (
     
Posted by on 01/02/2013 09:26:47
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TV licenses for rented homes
 
TV licences for rented homes are among the tricky questions landlords have to watch out for from tenants.

Our TV licence FAQ should help to make things clear, but if you are still not sure it is better to get expert advice than risk a fine:

What does the
     
Posted by on 01/02/2013 09:21:13
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