Delayed Commencement of Specified Information Regulations in Wales
We previously reported some regulations that had been laid in the National Assembly for Wales in relation to specified information requirements for holding deposits in Wales. The proposed commencement was 13 December 2019. It has just been announced that those...
Wales Holding Deposit Specified Information Requirements Announced
This article has been updated after a new version of the regulations was announced which now take effect from 28 February 2020. The Renting Homes (Fees etc.) (Holding Deposit) (Specified Information) (Wales) Regulations 2019 have been laid in the National Assembly for...
Now Landlords Have to Tackle Dirty Air for Tenants
The pollution levels in the air tenants breathe is the latest check landlords must carry out on a buy to let home. From next year, landlords must include details of high pollution levels on letting particulars for tenants to read before signing up to move in a...
Understanding the Tenant Fees Ban in Wales
The Renting Homes (Fees etc.) (Wales) Act 2019 commences from 1 September 2019 and will affect most landlords and letting agents renting property in Wales. Although the legislation is similar to the Tenant Fees Act 2019 in England, it would be a mistake to think it’s...
Half of Landlords Put Up Buy to Let Rents
Renters paid less to their landlords for the first time in October since the tenant fee ban came into force across England in June. The number of tenants who saw their rent rise dropped by 8% to 50% compared to September, says letting agent trade body the Association...
Smoke Alarm Failings Leave Tenants in Danger
Buy to let tenants are in danger from smoke alarms that fail to go off in an emergency, according to new research. Although landlords must fit smoke alarms in private rented homes, most opt for cheaper battery-powered models instead of mains-powered devices. But...
Cash Home Sales Drop to Record Low
Fewer buyers are purchasing homes with cash, according to new data. As house prices have risen in recent years, the number of cash sales has dropped to a record low in the first half of 2019. In the first six months of 2009, 36% of purchases were in cash, but this has...
Unfair Buy to Let Pet Rents Set for Ban
Pet rents look like the next tenant fee for the chop as trading standards bosses take legal advice on if landlords can charge tenants who keep cats or dogs. Many landlords charge renters up to £50 a month on top of their regular monthly payment to counter any extra...
What General Election 2019 Manifestos Offer Landlords
If you are a landlord or property investor trying to make sense of what the party manifestos mean to you for General Election 2019, here’s a round-up of the main points. The Tories under Prime Minister Boris Johnson have pledged to shore up landlord rights. The...
Smart Contracts Could Be the End of Conveyancing
Buying a house is likely to become cheaper and easier as the government agrees granting smart contracts valid in law. The move signals the end to the stranglehold lawyers and other legal professionals have over drafting contracts – with conveyancing the most...
Half of Tenants Expect to Rent a Home for Life
As Labour consign buy to let right to buy to their manifesto dustbin, the question for many landlords is what will happen to property investment in the long term. Politicians and renters seem at odds. The Tories have attacked landlords through raising taxes while...
House Prices and Buy to Let Rents Still Rising
House prices have dropped by a moderate 0.2% month-on-month, according to the latest data. Despite the fall, homes across the country are still worth a little more now than a year ago, says the Office for National Statistics. The latest monthly house price report...
Don’t Miss Out on a Once in a Lifetime Tax Saving Chance
Landlords are a money conscious group always looking to minimise the amount of tax they pay – but along with one in four aged 55 or over, they have missed the obvious tax saver, according to wealth managers. Making a will is inexpensive and lays the foundation...
Tories Ignore Call for Landlord Register
The Tory government has no plans to introduce a national landlords register for England if they win the next election. Viscount Younger of Leckie, Parliamentary Under-Secretary for housing, disclosed the information in a reply to a written question from Labour’s...
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