A leading alternative deposit provider is calling on the government to incentivise deposit reforms by offering landlords tax breaks if they move away from traditional upfront deposits.
A leading alternative deposit provider is calling on the government to incentivise deposit reforms by offering landlords tax breaks if they move away from traditional upfront deposits.
An Edinburgh landlord has been fined after claiming his flat was a holiday let when it clearly wasn’t. He told the tribunal the property was owned by an overseas relative and he was only the manager rather than the legal owner, and as such he was ignorant of his duties. However, this defence was firmly […]
Around 7% of landlords in the UK are “accidental”. They are the landlords who never intended to let out properties. Some are forced into the sector when they can’t sell their home but have to move anyway; others inherited a property and are not yet ready to relinquish it.
A famous pop singer and former X-Factor judge has been ordered to pay a landlord nearly £70k, which includes interest and costs, after allegedly trashing his rental flat. Tulisa Contostavlos denies damaging the £1 million flat, but the judge still told her to pay up.
Generation Rent gets a lot of press. It’s common knowledge that the younger “millennial” generation (25-34) are far less likely to own their own home. They can’t afford to save up for a deposit and high property prices have put homeownership well out of their reach. But what the press rarely remarks upon is the […]
A Telford landlord has been banned from anything to do with letting in the first case of its kind.
Members of two of the UK’s biggest landlord organisations have voted in favour of a merger, which will take place in January 2020. The new association, which will be called the National Residential Landlords Association (NRLA), will have more than 80,000 members and, therefore, will have a louder voice in the buy to let sector.
The fees ban legislation caps rental deposits at 5 weeks rent and this has meant that landlords and letting agents are thinking outside the box when it comes to pets. Traditionally landlords and letting agents have charged a higher deposit when letting to tenants with pets. Having pets in a property can represent a higher […]
Most landlords ask tenants to pay a deposit when they start a tenancy. New rules in England means this is typically 5 week’s rent, but where the annual rent exceeds £50,000, a 6 week deposit can be taken. The deposit is there to cover any accidental damage or other issues, so the landlord can deduct […]
Shadow Chancellor, John McDonnell has announced a radical new scheme that targets property owned by buy to let landlords. If Labour gets into power, it will give tenants the right to buy their rental property at a discounted price. John McDonnell says this will tackle the problem of rogue landlords, as well as making it […]
Following a recent court case where a landlord was denied an eviction order because he didn’t give the tenant a Gas Safe Certificate before the tenancy began, the RLA launched a crowdfunding campaign to help pay for an appeal. In the week since the crowdfunding campaign was launched, it has already attracted more than £4,400 […]
The RLA is supporting a landlord’s appeal against a judgment that says he can’t evict a tenant using a Section 21 notice because the tenant was not given a gas safety certificate before the tenancy began. The court has ruled that not doing so invalidates a Section 21 notice.
Social housing is in short supply, which is why the buy to let sector has grown so large in the last 20 years. Most landlords buy a second home with a view to generating an income; they don’t usually rent one property while letting out another. However, one landlord decided to apply for a council […]
The Residential Landlords Association conducted a survey in April and May of this year. 6,400 landlords responded and the results offer some useful insights into how landlords feel about the current system for repossessions. Judging by the responders, it’s fair to say that the majority of landlords don’t feel the current system works for them.