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Landlord insurance is a crucial consideration for anyone renting out their property. Things can go wrong with even the most diligent tenants and can cost a significant sum to put right. ‘Landlord insurance’ is a broad term, and cover will vary from policy to policy. Key points: Standard home insurance is NOT suitable for landlords… Continue Reading
Category Archives: News
New “Housing Court” proposed by ministers
Ministers have unveiled plans for a specialist “housing court”, with the aim of speeding up the settlement of property disputes between landlords and tenants. The designated court, according to the government, will be “particularly important” for families and vulnerable tenants “who live with the fear of suddenly being forced to move”. The communities secretary, James Brokenshire,… Continue Reading
Landlord’s to pay for EPC improvements, with the “no cost” exemption to be removed
Landlords will have to fund some of the changes needed to make their rental properties compliant with minimum energy efficiency requirements. The Government is to introduce the payment requirement, capped at £3,500. This replaces the current “no cost” exemption which allowed landlords to avoid implementing energy efficiency measures if there is no funding available to… Continue Reading
Budget 2018 – What does it mean for landlords?
Monday’s budget wasn’t horrendous for landlords, but wasn’t particularly helpful either, particularly for landlords looking to sell. The most major change effects the capital gains tax relief that is available to buy to let landlords when they sell a property that has previous been their primary residence. Principle Residence Relief Currently, a landlord can add… Continue Reading
Government Looks to Regulate the Property Industry
The Housing Minister, Heather Wheeler, has announced that a new working group will be set up to raise standards across the housing sector. Whilst the industry seems to be getting hit left, right and centre at the moment with changing legislation, this is something all good letting agents can whole hardheartedly support. The group will… Continue Reading
1/3 of landlord not protecting deposits
New research has revealed that up to one-third of landlords could be overlooking their legal obligation to protect their tenant’s deposit. This could affect around 1.5 million tenants across the UK. Research by the price comparison website, ComparetheMarket.com, suggests that one third (33%) of renters know that their landlord has not placed their money in… Continue Reading
The Changes to HMOs You Need to Know About!
Changes to mandatory licensing Currently, a property requires a mandatory licence if all of the following apply: the property is a House in Multiple Occupation (HMO) (occupied by individuals who are not all related to one another); and the property is occupied by five or more individuals; and the property has 3 storeys or more… Continue Reading
How to Advertise on Rightmove Without a High Street Agent
Many landlords want to let their property, and know how powerful advertising on rightmove and zoopla can be, but don’t want to use an agent. The simple fact is that you can’t : ( The big property websites all require that there is an intermediary – namely; a letting agent. However, just because you have… Continue Reading
Deadline for new Section 21 rules approaches
Confusion remains ahead of new Section 21 rules being introduced next month. Landlords and letting agents are being reminded about incoming changes to Section 21 notices next month for tenancies set up before October 2015. Currently, a landlord must provide two months’ notice when issuing a Section 21 eviction notice to any tenant on an… Continue Reading
Removal Services
Now that your references are underway, it’s time to start packing! But how much will removals cost? How long will removals take? We’ve got some handy websites that will take the stress out of your move day! Full Removals: Compare my Move is an easy to use house removals comparison site with options ranging from a basic… Continue Reading