Monthly Archives: June 2019

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Sub-letting tenants caught on camera and to be on TV tonight

By |2019-06-17T10:02:49+00:00June 17th, 2019|Property News|

More nightmare tenants have been the subject of investigation in a Channel 5 TV programme to be shown this evening. In the first case to be featured on this week’s edition of Nightmare Tenants Slum Landlords, young landlord Han Yip discovers his West London flat is being illegally sub-let to three...

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Agents offering let-only services ‘miss out on thousands in revenue’

By |2019-06-17T10:02:50+00:00June 17th, 2019|Property News|

A research report claims letting agents could be missing out on thousands of pounds of potential income each year by not providing full property management to landlords.  The report is from outsourced supplier ARPM which says that many agents in London typically offer let-only, but to their detriment - agents could...

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Countrywide claims big surge in over-50s who now privately rent

By |2019-06-17T10:02:52+00:00June 17th, 2019|Property News|

New figures out this morning show that the over-50s are becoming a larger part of the rental market.  So far this year this demographic has accounted for 15 of Countrywide’s rented households, up from just 11 per cent in 2012.  Nearly a third of the over-50s are in fact pensioners. The agency estimates...

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Agency advises landlords on three key risks to successful letting

By |2019-06-17T10:02:51+00:00June 17th, 2019|Property News|

High profile agency Haart has issued a warning to landlords on what it sees as the three key risks to successful letting - and they form a compelling case for why all buy to let investors should use agents. Firstly there is the problem of the unreliable tenant. Haart advises that to reduce...

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Policing rental sector to be a focus of new research project

By |2019-06-17T10:02:50+00:00June 17th, 2019|Property News|

Two housing organisations have come together to fund a major research programme to improve standards in the private rental sector. They are the TDS Charitable Foundation and the SafeDeposits Scotland Charitable Trust. They have provided £300,000 for a three year research programme covering the whole UK, conducted by a consortium of 14...

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Sharp rise in the number of people with additional properties

By |2019-06-17T10:02:53+00:00June 17th, 2019|Property News|

The buy-to-let boom over the past 20 years has contributed significantly to the number of people who own second homes. More than one in 10 people in Britain own second homes, buy-to-let and overseas properties worth a total of £941bn, a study has found. Research by the Resolution Foundation think tank, funded...

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Significant increase in the number of over-50s living in rented homes

By |2019-06-17T10:02:54+00:00June 17th, 2019|Property News|

There has been a sharp rise in the number of over 50s renting homes, according to new research from Hamptons International. Some 15% of rented households so far this year are made up of people aged 50 and over currently rent, up from just 11% in 2012, according to the findings. The...

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Buy-to-let investors urged to use a mortgage broker

By |2019-06-17T10:02:57+00:00June 17th, 2019|Property News|

Buy-to-let landlords looking to add to their property portfolios are being encouraged to use a specialist mortgage broker as they could “make a difference to maintaining profit”. Research shows that fewer buy-to-let investors are actively looking to commit to investing in buy-to-let property following the stamp duty and income tax crackdown,...

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Landlord ordered to pay more than £5k for safety breaches

By |2019-06-17T10:02:56+00:00June 17th, 2019|Property News|

A buy-to-let landlord in South Yorkshire has been fined £4,000 and ordered to pay costs of £1,121 as well as a victim surcharge of £100 after being found guilty in his absence for failing to carry out crucial safety works on his properties - including work to rectify fire hazards. Sheffield...

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Insurance provider offers ‘protection solutions which landlords’ value’

By |2019-06-17T10:02:55+00:00June 17th, 2019|Property News|

Tenant referencing and lettings insurance provider, Barbon Insurance Group, has teamed up with flatfair to co-market the two companies’ products and services. Barbon, best known for its HomeLet and Rentshield Direct brands, hopes to enhance the new technology-based solution to tenancy deposit alternatives offered by flatfair. The aim is to provide letting...

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