LandlordZONE Weekly Update - Did Buy-to-Let Landlords Cause the Housing Crisis?

   
 

Did Buy-to-Let landlords cause the housing crisis?

  Did Buy-to-Let landlords cause the housing crisis?

Media reports have long blamed landlords for causing the UK’s housing crisis, a phenomenon that is by no means confined to the UK. You only need to look at events in the Irish Republic, Australia, New Zealand, Canada, and the USA to see that rising asset prices have had the same effect across the world,…

 
 

Landlords challenged, but by no means down and out

  Landlords challenged, but by no means down and out

Buy-to-Let Investment Returns:

This is the conclusion of a recent report - the bi-annual “Rent Check” report from BDRC Continental in collaboration with Allsop LLP is a unique measure of the rents being agreed by landlords for Private Rented Sector (PRS) tenancies across England and Wales. This latest research tracks 1,557 landlords in Q3 and…

 
 

Are you properly alarmed?

  Are you properly alarmed?

Smoke and Carbon Monoxide Alarm Regulations:

From 1 October 2015, the law changed regarding smoke and carbon monoxide (CO) detectors and you may need reminding of the regulations as they now stand.

From that date, landlords in England are required to have fitted smoke detectors (alarms) on each storey of a rental property. CO detectors…

 
 

What Documents do I need when letting a property?

  What Documents do I need when letting a property?

Lettings Document Checklist:

When setting up a new Assured Shorthold Tenancy (AST) it has always been important to pay attention to the paperwork, which provides vital evidence should there be a dispute during or after the tenancy.

But since the Deregulation Act 2015, with measures that came into force for new ASTs from 1st of…

 
 

Fire Safety Guidance - changes needed after Grenfell

  Fire Safety Guidance - changes needed after Grenfell

The Residential Landlord’s Association (RLA) is warning that existing guidance for landlords on fire safety is “contradictory and outdated” and needs updating to better support good landlords.

At the present time, landlords are expected to follow fire safety guidance issued by LACORS, a body that no longer exists. These fire safety regulations date back to…

 
 

Product Review - Property-Master

  Product Review - Property-Master

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 buy-to-let mortgage market has undergone considerable change recently and lending criteria is not anywhere near…

 
 

Tenancy Deposits, Superstrike and the Deregulation Act

  Tenancy Deposits, Superstrike and the Deregulation Act

Test Case: Superstrike Ltd v Marino. Rodrigues

The case involved a landlord who had taken a deposit from the tenant before the deposit protection rules came into force in April 2007, since changed by the Deregulation Act 2015 – see below. When the tenancy later became a statutory periodic tenancy, by which time the deposit…

 
 

Ground Rent Consultation hits property companies...

  Ground Rent Consultation hits property companies...

The Government’s plans to hold a consultation on ground rents, and possibly change the long-established leasehold rules for new-build homes, has hit share prices of some property related companies. McCarthy & Stone, the retirement specialist, London developer Berkeley, and investment trust, Ground Rents Income Fund PLC, have all been affected.

The consultation launched last week…

 
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