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Wednesday, August 21, 2019
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Holding or Pre-Contract Deposits: I thought it would be a good time to review the situation with Holding Deposits as they are in the news currently, about limiting the amount of the deposit a landlord or agent can take when...
Section 21: Buy-to-Let consultant, author and experienced landlord, David Lawrenson, in this comprehensive article on this subject, thinks that Corbyn’s plans for legislative changes in the Private Rented Sector (PRS) are misguided. Mr Lawrenson says: “Jeremy Corbyn’s Labour Party has said that...
Quiet Enjoyment: Amateur and novice landlords often have difficulty “getting their head around” one of the basic tenets of English property law: tenants have a right of quiet enjoyment. The term is slightly confusing as it does not mean exactly what...
Longer-term Tenancies: James Davis of Upad comments on the Chancellor’s Budget speech in which he announced that a consultation would be launched to look at barriers to longer tenancies in the private rented sector. James Davis is founder of online...
Universal Credit and Landlords: Paul Shamplina, Founder of Landlord Action, comments on the changes to Universal Credit scheme announced in the Autumn Budget yesterday. “The Government appears to have bowed to the volume of criticism levelled at its flagship Universal Credit...
Bank Rate Increase? Interest rates are expected to rise for the first time in 10 years when the Bank of England (BoE) Monetary Policy Committee (MPC) meet this morning. There have been plenty of hints and much speculation in the press...
When you’re planning to buy a property to rent out, or you have existing buy-to-let properties, one of the keys to success in all these investments is obtaining a competitive buy-to-let mortgage, or a good deal on renewal. The UK...
Long Leasehold: The UK has had some form of election or referendum every year since 2014. There was the Scottish independence referendum, followed by the general election in 2015, followed the referendum on the European Union, followed by the snap...
Viewings: I’ve just come back from a viewing where the prospective tenant didn’t show up. We only arranged it over the phone yesterday and I always follow this up with an e-mail confirmation too. Unfortunately, like in many service industries, this...
UK Buy-to-Let: Where are the key buy-to-let hot spots in the UK? Which parts of the country provide the best rental yields and capital appreciation? This index report gives a quick overview of what buy-to-let investors can currently expect in terms...