Lenders Say Buy To Let Borrowing Is Healthy And Booming

Lenders Say Buy To Let Borrowing Is Healthy And Booming

Buy to let lending surged in March as landlords borrowed £2.7 billion, according to trade body the Council of Mortgage Lenders (CML). Lending by banks and building societies was up 12% in March compared to February 2015 and 21% year-on-year. Borrowing was evenly split...
Keeping The Right Company As A Property Investor

Keeping The Right Company As A Property Investor

Property investors often view trading as a limited company as a way to save tax – but a special rule bars many from using this useful tool. The confusion comes from incorporation relief, which is designed to delay any capital gains tax due on transferring a trader’s...
Mortgage Lenders Say That ​Landlord finances Are improving

Mortgage Lenders Say That ​Landlord finances Are improving

Buy to let mortgage arrears and repossessions are falling as the economic climate improves, according to bank and building society trade body the Council of Mortgage Lenders (CML). Compared with a year ago, fewer landlords are in mortgage arrears and lenders even...
Courts Crack Down On Bad Landlords

Courts Crack Down On Bad Landlords

Landlords who have ignored house in multiple occupation (HMO) licensing laws have paid out thousands of pounds in fines during recent weeks. In most cases, the landlords have had time to address licensing and safety issues, but failed to act. Here are some of the...
Conservatives Win Majority At General Election 2015

Conservatives Win Majority At General Election 2015

The Conservative Party have won a majority government after the general election 2015. The proposed policies of the labour party to introduce longer term tenancies and rent controls have been rejected by the British public. The labour party also pledged to remove the...
Council HMO Guidance Is Not The Law, Warns Tribunal

Council HMO Guidance Is Not The Law, Warns Tribunal

Councils can give landlords guidance over living standards considered reasonable for local houses in multiple occupation (HMOs) but cannot enforce them if they differ from the minimum set by law, according to the Upper Tribunal (Lands Chamber). The decision came out...
Landlords In Court Over Breaches Of Health And Safety Law

Landlords In Court Over Breaches Of Health And Safety Law

Fire safety breaches in HMO Landlord John Ellis, of Sleaford, Lincolnshire, was fined £5000 at Lincoln Magistrate’s Court after admitting nine breaches of fire safety rules at three houses in multiple occupation (HMO). The homes did not have electrical safety...
​High Court Steps In To Stop Property Scammers

​High Court Steps In To Stop Property Scammers

Consumer watchdogs have stepped in to try and recover £880,000 investors handed over to suspected property fund scammers. The Financial Conduct Authority successfully requested the High Court to wind up Hermay Ltd as the fund was promoting investments without...