ARLA Propertymark April Private Rented Sector (PRS) report.
Landlords selling their buy-to-let
In April, letting agents saw the highest number of landlords selling their buy-to-let (BTL) properties since records began in 2015. The number of landlords …
After two successful crowd funding projects, which were aimed at planning gains and considered to be high risk, we are happy to say that the success and the test of time delivered results which led to all investors being paid back with a profit.
The po…
In October mandatory licensing is being extended to include all 3 storey HMO’s and all HMO’s with 5 or more occupants living there as 2 or more households. This affects small HMO’s eg student houses. Unfortunately I will now have to g…
Figures from the Home Office indicate 405 fines have been handed out to landlords in total during the government’s ‘hostile environment’ crack down on illegal immigration (see diagram to the right).
The total cost of these penalties t…
A tenant has recently vacated my property which was rented through a letting agent. The letting agent stopped trading during the duration of the tenancy and its now come to light that they didn’t lodge the deposit with the DPS as was stated on th…
I cannot be the only one who has been affected by this? I always used the NLA Portal to create and manage and store all my ASTs securely on their server.
To my surprise, when I logged on today to check some details in one AST
The post NLA Removes Onli…
I need to trace my Croydon tenant’s guarantor as they have moved. I believe he is still living and working in the Croydon area and, surprise surprise, after a brief email correspondence he has deleted his LinkedIn account.
His mobile number has c…
My tenant has put up a sky dish which is not permitted by the management company. We have a letting agent (who deals with the tenant on our behalf) and they have asked him to remove it numerous times over the past 6 months and he has not taken it down….
Another usual deposit nightmare story we all hear far too frequently. My tenant moves out early on a 12 month contract, leaving various items removed from the house, some damage and repairs are required. Also she failed to return the rooms she had re d…
How do you tackle a Management Company Director who wields absolute power?
About 2 years ago my husband and I bought a BTL flat in a development of 30. Each flat owner has a share in the management company that is the Freeholder.
The post The Managemen…
I am just in the process of renewing my property insurance. I have three cottages in a terrace, all identical and the renewal cost is £110.00 each.
However in my discussion with the broker he asked me if all the tenants were still working.
The post Pro…
You may well have been following the campaign efforts of Nottingham based landlord Mick Roberts and his monumental efforts to persuade his local Council to scrap their selective licensing scheme.
Well he taken another giant leap forwards by persuading …
I don’t think I need to be concerned about GDPR, here’s why.
I live overseas and whilst my property rental business in the UK is a substantial one, I keep no records either written or electronically in regards to any of my tenants.
The post…
I’ve got a major worry at the moment regarding my electric work in my BTL. Essentially I’ve had work carried out in terms of having radiators installed (ex council house) and electrics sorted in terms of adding new plug sockets into the kit…
Last Friday I attended the excellent and very informative Landlord Law Conference, which I thoroughly recommend to anyone. In particular it helped me keep completely up to date with all the latest legislation that has passed and is likely to be passed….
info@gracecharlesinvestments.com
of Norwich City Football Club