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Over 50s Plan to Unlock Cash Tied Up in Homes for Retirement
The over 50s plan to spend the cash locked in the value of their homes rather than leave the money to loved ones when they die. Just over half say property wealth accounts for a major part of their financial planning for retirement. New data reveals property accounts...
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Updated Landlord Handbook and Accreditation Course
A quick note to let you know that we have published an updated version of the Landlord Handbook for England. We are holding off the Wales version until all sub-regulations for the tenant fees ban are published. This handbook is not just available for subscribers to...
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High Streets Lose Eight Property Agents a Week
High streets across the country are seeing estate and letting agent branches close at the rate of more than eight a week. New data shows property agents are the third worst business for closing on the high street, behind banks and pubs. In 2018, a net 448 property...
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Silver Renters Becoming a Force in Buy to Let
A generation of over 50s is taking to renting either as a lifestyle choice or because they cannot afford to buy a home of their own. These renters live alone (48%), pay an average £1,000 a month rent and live in two bedroomed homes (44%). Property experts at letting...
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Deposit Penalty – Multiple Breaches and Limitations
With thanks to NearlyLegal for reporting this one. In Howard v Dalton, County Court at Dartford, 7 May 2019, a couple of interesting points were raised in relation to the penalty provisions where a deposit had not been protected nor prescribed information given...
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Watchdog Puts Unfair Leasehold Charges Under Scrutiny
Landlords could be unshackled from paying unfair and costly charges as the competition watchdog launches a probe into how the leasehold property market works. The Competition and Mergers Authority (CMA) fears landlords and other homebuyers are locked into crippling...
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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...
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Can you really trust house price statistics?
The Halifax House Price Index has thrown up some questionable figures for the second month in a row, but should homeowners and buyers really go along with what the statistics say? The Halifax claims home values have increased 5.2% in the year to the end of May,...
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Legal Update 2019 Course in Wales
Training for Professionals is holding a “Legal Update 2019 Wales” course in Colwyn Bay on the 3rd July and Swansea on the 4th July 2019. Here at the Guild of Residential Landlords, we work very closely with Training for Professionals and have been to a number of these...
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Labour Plans Red Light to Bring Buy to Let to a Dead Halt
Labour is planning a massive tax onslaught for landlords and property investors should the party win the next General Election. A new study commissioned by the Labour Party proposes to end a ‘buy to let frenzy’ that has gripped the housing market by raising property...
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Landlords Building Insurance
Guild subscribers can get discounted landlords buildings insurance especially designed for landlords
