The Association of Residential Letting Agents has thrown its weight behind Gas Safety Week, which runs until tomorrow. “As Gas Safety Week draws to a close, ARLA Propertymark highlights the campaign and the importance of gas safety. Agents and landlords are legally responsible for the safety of their tenants, so it’s important they ensure that [...]
A lettings agency and its director have been ordered to pay more than £2,500 in fines and costs for illegally advertising its business in Northamptonshire. Simpson and Partners Ltd were found guilty at a court case at Northampton Magistrates court earlier this week. Despite previous warnings about displaying unauthorised signs, Andrew Simpson, director of Simpsons [...]
Two new managers have been appointed by Yorkshire agency Dacre, Son & Hartley, as the firm’s lettings division continues to expand. Nadia Sumner and Kate Dickens will work across the Ripon and Thirsk branches, and report into the new head of lettings Emma Kerrywood, who joined Dacres this summer. Sumner has 17 years’ experience and [...]
Hostmaker, an Airbnb management company, has appointed ex-Chestertons manager Bradley Bartlett as its new head of corporate lets. Bartlett, who was previously the head of corporate services at Chestertons, will be joining the company to lead its corporate branch and develop long-term rental services. He introduced short lets to Chestertons in 2015, which added £300,000 [...]
As the buy-to-let industry braces itself for yet more changes, a growing number of private landlords are likely to turn to specialist mortgage lenders for finance, according to Together, which offers short-term finance, auction finance, commercial and buy-to-let mortgages.From the end of next week, lenders will have to take a more stringent approach to buy-to-let [...]
The owner of a three-bedroom house in Queensbury, north-west London, where 35 men were living in rooms full of mattresses has threatened to sue Brent Council after publically referring to him as a rogue landlord. The residents had been cramped into every room other than the bathrooms with bedding. Even the kitchen contained a sleeping area, while [...]
A landlord in Sheffield, who also happens to be a company director and letting agent, has been handed a hefty fine for housing offences by Sheffield City Council.Action was taken against Wasim Khan, of Abbeydale Road, and the company he directs, Hallam Hills Ltd, over two buy-to-let properties that he owns. Unfortunately for Khan, he [...]
Home sales in Spain soared by almost 50% in the first half of 2017, according to findings from estate agency Lucas Fox's half yearly Spanish property market reports. In the first six months of 2017, the reports show sizeable increases in both the volume and value of sales transactions – up across all its regions [...]
Against a backdrop of weak post-summer auction results elsewhere in the UK, Allsop raised £71.3m and topped its residential September sales records that had remained unchallenged since 2008.The largest lot of the catalogue to sell under the hammer was Lot 50, Albion House, Church Lane, Kingsbury, London. The multi let B1 office building of 9,633 [...]
The UK is now the fifth worst country in Europe for buy-to-let investment, with average rental yields of just 4%.The findings, part of the latest European Buy-To-Let League Table from international payments firm WorldFirst, show that the UK has dropped ten places to 25th as a result of a stuttering rental market and significant changes [...]