21.5 C
London, UK
Wednesday, August 15, 2018
Home News

News

Breaking News: The Bank of England has today raised its base rate for only the second time in 10 years, in what appears to be a slow but inexorable trend. The rate has risen by 0.25% to 0.75%. This will...
Evictions: The documentary series following eviction specialists as they attempt to remove nightmare tenants and local council teams tackling rogue landlords who are providing unsuitable accommodation to their tenants. In Waltham Abbey a seemingly perfect professional tenant, an estate agent, wins...
Holiday Lets: Calls for more and more regulation of buy-to-lets: increasing taxation, longer-term tenancies and rent controls are beginning to grab the average landlords’ attention. Under these circumstances landlords will inevitably start look to alternative business models, or in the...
EPCs: With the recent introduction of the new legal minimum energy efficiency standards (MEES) – effective from April 2018 – which apply to rented residential and commercial buildings, the Government has decided to launch a consultation on the workings of...
Unlawful Eviction: Liverpool landlady, Violet Musoke, has been given a 3-month prison sentence for unlawful eviction and failing to respond to improvement notices for a flat she rented out. Described as a “cruel, heartless and selfish” landlord, Musoke tried to force...
Eviction Time: A Simple Landlord’ Insurance study has found that it takes an average of 118 days (almost 4 months) before court-appointed bailiffs can remove problem tenants from a private landlords’ property, after bringing a claim to court. Landlords in London...
Estate Agency: The Competition and Markets Authority (CMA) last year imposed fines totalling £370,000 on five estate agency firms based in Burnham-on-Sea, Somerset. Six firms were found guilty of breaking competition law by fixing minimum commission rates at 1.5%, which meant...
Bank Rate: The prospect of a Bank of England interest rate rise on August 2 had been growing over the past weeks, but now the chances of a rise have diminished. The change in outlook is as a result of...
Long Leasehold: Landlords will find themselves on both sides of the divide if and when the proposed changes to leasehold laws* becomes a reality. A large number of buy-to-let landlords own flats and apartments in blocks under long leasehold and...
Buy-to-Let Exodus: According to new research carried out by the Residential Landlords Association’s (RLA) research arm known as PEARL, the UK Private Rental Sector could soon see the loss of 133,000 homes, at a time when in many locations rental...