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Wednesday, November 22, 2017
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Landlord Discrimination: One of Britain’s biggest buy-to-let landlords, Fergus Wilson, is in trouble yet again after setting out his letting criteria earlier this year. This time Wilson was in court yesterday for banning "coloured" tenants from renting his homes because...
Overcrowding: The Government in the Republic of Ireland has said it will examine proposals for an MOT-style test for rented accommodation. This move follows claims of slum landlords allowing extreme overcrowding and providing very dangerous accommodation. In one case in Dublin...
Letting Fees: Further news is still awaited from government on the proposed letting fees ban following the House of Commons debate about the much trailed ban last month. Kevin Hollinrake, MP for Thirsk and Malton, who sits on the Communities and...
Protection from Eviction Act: Council makes an example of landlord to deter others. A landlord from Clackton-on-Sea, who has been convicted of illegally evicting a family, has been given a community service order as an alternative to a jail sentence. The Clacton...
Initial Reaction to the Rate Rise: An interest rate rise is bad news for some, good for a few, but could be quite devastating for some people and businesses already in trouble, particularly if this rise is the start of...
Breaking - Bank Rate Rises by 0.25% The expected rise, the first time in 10 years, was announce this morning by the Bank of England BoE) following its Monetary Policy Committee (MPC) meet. Following plenty of hints and much speculation in...
Breaking - Inheritance Tax: A recent tax case which went before the First Tier Taxation Tribunal has cast doubt on the availability of inheritance tax relief on properties let as furnished holiday accommodation. Business Property Relief (BPR) provides 100% relief against inheritance...
Breaking News - Letting Agents' Fees: A draft Tenant Fees Bill is to be introduced to Parliament today (1 November 2017) to ban letting fees. The Bill will set out the government’s approach to banning letting fees for tenants, which the...
Buy-to-Let Remortgaging: The demand for five-year fixed deals is at a record high amongst remortgagors, that’s according to the latest (September) LMS Remortgage Report. This is the seventh month in a row that the percentage of remortgagors fixing for five-years has...
Agents' Code of Practice: Letting agents in Scotland will soon be regulated through a statutory Code of Practice and will be entered in a register of Scottish letting agents. The Housing Minister, Kevin Stewart, is to write to all commercial...