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pinterest facebook twitter linkedin Landlord Blogs - July, 2012

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Landlords must give tenants their address, warns RLA
 
Landlords and tenants need to check addresses on demands for rent and other payments, warns the Residential Landlords Association (RLA). A recent lands tribunal case has ruled wrongly addressed requests for payment can stop a landlord taking tenants to court for rent arrears o
     
Posted by on 30/07/2012 09:58:06
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Single property landlords struggling with finances
 
Finances are tougher for landlord with a single buy to let or shared house than those with larger property portfolios, according to new research. Bigger certainly seems better for investors with more than five rental properties - as 40% with portfolios of five to 10 homes and
     
Posted by on 27/07/2012 10:19:31
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Director ban for rogue letting agent
 
A former letting agent whose firm collapsed owing landlords and tenants more than £410,000 has been disqualified as a director for eight years. Daniel McCarthy, director of Jupita Ltd, which traded as GDH Property Management Services in the Wirral, cannot manage or control a c
     
Posted by on 26/07/2012 10:08:59
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Tax tips for new student mums and dads
 
As the start of the new academic year approaches, itís time to look at some tax traps for unwary parents who invest in a property for a student child at university. Buying and letting the property seems a good idea - but tax rules complicate the strategy, so hereís a look at s
     
Posted by on 24/07/2012 10:15:20
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Landlords hold key to cleaning up lettings industry
 
Landlords should play their part in cleaning up the letting industry by refusing to do business with agents who fail to protect money paid to them as deposits and rents. As Labour and self-interest landlord groups vie with each other to set up industry profiles, the real power
     
Posted by on 23/07/2012 10:15:03
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Gives us more cash to invest, urge buy to let landlords
 
Landlords are urging buy to let lenders to make more money available so they can plough more cash in to property investments. Nearly two-thirds of landlords would like to expand their portfolios, but feel lack of support from lenders is holding them back, according to a survey
     
Posted by on 20/07/2012 10:07:15
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Mortgage lenders to ban payday loan borrowers
 
Mortgage lenders are ready to ban applications from landlords who take out payday loans to cover short-term expenses. Credit rating agencies are under pressure from banks and building societies to highlight payday loan information about borrowers - but many short-term lenders
     
Posted by on 19/07/2012 10:26:01
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Police demand cash from developers to tackle student crime
 
Police are increasingly strong-arming student housing developers to cough up cash to fight crime. The claims are made to councils as part of Section 106 orders, which levy money to lessen the impact of a development in a neighbourhood. Some councils support the applications
     
Posted by on 13/07/2012 10:09:57
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Uni and councils set out to tackle student HMOs
 
University chiefs and councillors are targeting student landlords in a housing strategy aimed at cutting the number of private rented shared homes in Chester. Chester University and local councils are collaborating on a five year plan that will switch student housing from smal
     
Posted by on 11/07/2012 10:11:02
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Councillors try to control student housing with new rules
 
Councillors have slammed the brakes on new student housing in a university city after pressure from residents and community groups against more building. Leicester City Council has lifted a six-month ban on student flat developments - only to impose a raft new restrictions on
     
Posted by on 10/07/2012 10:59:48
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Student landlord to pay £7,000 for flouting HMO rules
 
A property company running two shared student houses was ordered to pay more than £7,000 in fines and costs for ignoring licensing and tenant safety laws. The two house in multiple occupation in Liverpool were riddled with poor living standards, including defective fire safety
     
Posted by on 10/07/2012 10:47:57
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Landlords to pay £500 a home to licence 35,000 buy to lets
 
Student landlords will have to pay a £500 licensing fee on every property in Newham, East London, as the council aims to tackle poor rental housing for tenants. Councillors have agreed to start a scheme to licence the homes of more than 35,000 private renters from January 1, 2
     
Posted by on 10/07/2012 10:41:57
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Judge rules upfront rent needs protecting as a deposit
 
Student landlords need to safeguard rents paid in advance to avoid penalties under deposit protection laws, following a new court ruling. Failing to protect the rent could lead to a fine of up to three times the rent amount and restrictions on court action to repossess a home
     
Posted by on 10/07/2012 10:41:29
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Heating costs are a hot topic for landlords
 
The cost of heating a buy to let home is a hot topic for landlords after a tribunal ruled that tenants have a right to affordable energy bills. Liverpool City Council won the case on appeal before the Upper Tribunal (Lands Chamber) (UTLC) that dictates landlords must make sure
     
Posted by on 10/07/2012 10:40:55
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Buy to let gathers pace as home owning declines
 
Buy to let is set to overtake social housing as the tenure of choice for renters, according to the latest government statistics. The number of private rented homes, including student shared houses, has soared in the past decade and now equals social housing providing 3.62 mill
     
Posted by on 09/07/2012 12:55:39
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Students blamed for dumping rubbish on city streets
 
Student landlords facing the big end of term clear out can deflect complaints from neighbours by helping tenants sort out their rubbish. End of term rubbish generates more complaints than almost any other student issue - including noise and parties. Bristol City Council has
     
Posted by on 05/07/2012 10:22:41
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Student landlords fined for flouting HMO rules
 
A judge fined husband and wife student landlords Abdul Kalam and Jahanara Begum more than £4,000 for running a shared house without a licence while flouting fire safety rules. Judge Crane told the couple that breaking the rules may have put the lives of their six student tenan
     
Posted by on 04/07/2012 10:34:15
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100 property laws that landlords must obey
 
Buy to let landlords are choking on red tape as new research reveals they must comply with around 100 laws detailing more than 350 ways they must run their letting properties and deal with tenants. The landlord law research was commissioned by the Residential Landlords Associa
     
Posted by on 04/07/2012 10:30:06
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