The latest episode of ‘The Week The Landlords Moved In’ proved to be a revelation for a sports car driving landlord and his father. Peter and his dad, Marc, moved into pensioner Linda’s flat for the week. They were horrified to learn they would have to survive on £54. As Peter says, “That for me […]
BBC1 reality TV experiment, The Week The Landlords Moved In, is proving to be entertaining. This week featured a pair of enterprising young landlords who began building their property portfolio at a very young age. Prudent property acquisitions in the Leeds area have seen James and Dan make a huge amount of money. They enjoy […]
The Residential Landlords Association (RLA) has challenged government claims that landlords are rolling in cash. Figures obtained by Jim Shannon, DUP MP, clearly show that out of 1.9 million unincorporated landlords, 66% of landlords are liable for the basic rate of income tax, which suggests they are not ‘raking it in’. Only 4% of landlords […]
The Bank of England is due to impose further restrictions on landlord borrowing. The new rules will come into effect in September and will apply to landlords with portfolios containing four or more properties with a mortgage.
The National Landlords Association is warning that many landlords could soon ban pets from rented homes. Government plans to cap security deposits mean that landlords will no longer be able to charge more than one month’s rent as a security deposit. Unfortunately, pets often cause damage, so landlords who do accept pets tend to ask […]
Theresa May has effectively torn up the Conservative Party Manifesto in the 2017 Queen’s Speech. Previous high-profile bills, including policies on fox hunting, scrapping school dinners, and grammar schools, were excluded from the Queen’s Speech, but the Draft Tenant’s Fees Bill has made its way in.
Research carried out by a property investment marketplace has discovered that a new north-south divide has opened up in the UK, with landlords in the north of England enjoying far better returns than landlords in the south.
A Scottish landlord is taking Dundee Council to court over a row about rates on his properties. He says the council owes him more than £100k after they repeatedly billed him for rates that were not due. The landlord has described the council as “incompetent”. Graham Bradley told the local press that he has been […]
There is a lot of interest in landlords right now. The government seems determined to make it harder to be a profitable landlord. A new BBC TV documentary series is interested in exploring the life of a professional landlord. Producers are looking for experienced landlords and property investors with 10 or more properties. You need […]
Lord Flight, the former Shadow Chief Secretary to the Treasury has criticised George Osborne’s private rental sector policies.
The majority of landlords live out of their rental property, but sometimes a live-in arrangement can suit both parties. However, in the following cases, the arrangement went badly wrong.
A major London landlord has decided to scrap deposits. Get Living, a company that lets out flats in the former Olympic Athletes’ Village, says new tenants will not be required to hand over a deposit from June 14. However, there is a catch.
A lot of professional landlords have had their fair share of outrageous tenant complaints and requests. Some complaints, however, are downright odd.
New research carried out by Kent Reliance has found that landlords are spending a third of their rental income on costs relating to their buy to let properties. The survey data showed that landlords spend, on average, £3,632 per year on costs, excluding mortgage payments. The highest costs are in London, but Welsh landlords spend […]
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