How Fraudsters Build a Fake ID to Fool Landlords
Fraudulent applications from renters wanting to let a private home have doubled this year, according to the latest data from a tenant referencing firm. LetRef warns landlords and letting agents that they detect an average 13 bogus applications each month –...
Watch Out for Sneaky Rent Guide Updates, Warns Lawyer
Landlords could be stopped from going ahead with a no reason eviction because the government is failing to tell them when a statutory guide they must give to tenants is updated. Housing law demands that landlords supply the latest copy of the How To Rent guide at the...
Webinars Announced for the Tenant Fees Ban in Wales
Two brand new webinars have been announced by Training for Professionals which relate to the upcoming tenant fees ban in Wales. The first, titled “What does the legislation say?” is to be held on 16 August 2019 at 11am. The webinar “… will highlight the legislation...
No Guidance Yet on Tenant Fee Ban for Wales
Landlords are warned to be ready for the tenant fee ban which starts in Wales from September 1. With the deadline approaching, the Welsh Government has yet to publish detailed guidance for property professionals about how the ban will work, so landlords and tenants...
New Buy to Let Data Charts the Rise of Company Landlords
The number of homes rented out by corporate landlords has soured since the government announced scrapping mortgage interest relief for private landlords. The new tax rules phased over recent years allow companies to claim mortgage interest relief as a property...
600,000 Landlords Set to Quit Buy to Let
Hundreds of thousands of landlords are thinking about quitting buy to let due to the increasing time and costs involved with renting out a home. Around 600,000 landlords – just over 40% of the country’s 1.3 million buy to let investors – are thinking about...
New Faces Take Over Housing in Johnson Minister Shake-Up
Former journalist and TV presenter Esther McVey is Boris Johnson’s new housing and planning minister. She takes over the role from Kit Malthouse. Although she has yet to announce any plans for her job, she has plenty of controversial landlord and tenant changes under...
How to Understand Rental Periods Under the Tenant Fees Act
The calls have properly begun about the tenant fees ban in England with real-life examples being provided. We’ve had a very interesting call regarding rental payments for a student let which we’re going to go through in detail in this article. It’s common in the...
Understanding the Tenant Fees Act 2019
The Tenant Fees Act 2019 commences from 1 June 2019 and applies to England only (for the time being as it has the ability to extend to Wales). The Act controls what payments a landlord or letting agent may require “in connection with a tenancy of housing in England.”...
Buy to Let Rent Rises Running Out of Steam
Buy to let rent rises are cooling as most places across the country have seen no change in the past two months or more. Average rents were up 1.3% over the year to the end of June 2019, says the Office for National Statistics. But the rate remains unchanged since May...
Claiming an IHT Refund if Your Property Price Has Dropped
If you have recently inherited property to rent in London, a little known tax break could save more than a thousand pounds in Inheritance Tax. The latest official property price data from the Land Registry shows house values in the capital plunged by 4.4% in the year...
Uncertainty Takes a Toll on Buy to Let Growth
Buy to let investors are enjoying their best yields and fastest rising rents for years even though government efforts to slow the market and Brexit have taken a toll. Yields are outpacing house prices – hitting a two year high of 4.5% outside London. Meanwhile,...
Rogue Landlords Face Naming and Shaming Online
Secretary of State for Communities James Brokenshire wants to name and shame bad landlords by allowing tenants to look at their convictions before they sign a rental agreement. He feels tenants in England should know if they are heading for trouble by moving into a...
Welsh Government Consultation on Increasing Notice Period
Under the Renting Homes (Wales) Act 2016, many things will change when it becomes fully introduced including the replacing of assured shorthold tenancies with “occupation contracts” or more specifically a “standard contract”. In addition, the section 21 notice will...
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