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Buy to Let Rents Rise by 2.1% in a Year
Rents across the country rose by 2.1% in October compared to a year ago, according to a new study. Tenants are paying an average rent of £928 a month. Rents in London are much higher - averaging £1,619 a month after going up 4% year-on-year, says the research from...
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Tenant Fees Ban on the Way for Wales
The tenant fees ban for letting agents is likely to stretch across Wales if a new law is passed by the Welsh Assembly. Lawmakers in Wales are already replacing assured shorthold tenancies with new standard contracts under the Renting Homes (Wales) Act 2016, which may...
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Property Fraud Nets £20 Million From Investors
Fraudsters running a property Ponzi-scheme conned 800 would-be investors out of almost £20 million. Essex and London Properties collapsed with debts of more than £11 million in January after promising an 8% return on money invested for a year or 12% for three years....
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HMO Letters Another Financial Blow for Landlords
Tens of thousands of landlords are set to receive letters from their mortgage lenders after a change in the legal definition of which houses in multiple occupation require a licence. A legislation update on October 1 in England which changed the definition and meant...
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New Energy Upgrade Rules for Buy to Let Homes
New rules aimed at making rented homes warmer and cheaper to run for tenants are on the way for 200,000 buy to let landlords. Landlords must upgrade the energy efficiency of tens of thousands of homes in England and Wales if they want to continue to rent them out. The...
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Minister to Tighten Health and Safety Rules for Rented Homes
Landlords in England face a stricter health and safety regime as the government announces an overhaul of out-of-date rules. Housing Minister Heather Wheeler on rogue landlords renting out substandard homes to private tenants. The review will look at updating the...
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Tax Checks for Landlords Licensing Homes on the Way
Landlords may have to prove they pay the right taxes if they apply for licences to rent out property. Squirrelled away in Chancellor Phillip Hammond’s Budget 2018 documents is a scant paragraph outlining the measure. The move is a follow-on to the almost forgotten...
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Buy to Let Lender Backs Tenant Deposit Shake-Up
One in three renters have lost money from their deposits, while landlords and letting agents take too long to return the money at the end of a tenancy, says a new survey. Building society Nationwide is calling for a law change to help tenants find the cash to move...
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Budget 2018 – Tax for Landlords at a Glance
Chancellor Phillip Hammond restrained from tinkering with landlord tax too much in his Budget 2018. The major changes impact on the capital gains tax reliefs available to buy to let landlords when they sell a property that they had lived in as their main home for some...
read moreHow To Comply With The EPC Regulations
Introduction Since 1 October 2008, an energy performance certificate has...
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Landlords Building Insurance
Guild subscribers can get discounted landlords buildings insurance especially designed for landlords
