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Solicitor renews attack on “unfair” landlord licensing by councils

By |2019-02-15T10:03:00+00:00February 15th, 2019|Property News|

A legal firm has renewed its criticism of local authority licensing schemes, accusing them of “persecuting” landlords. David Kirwan, managing partner at Kirwans law firm, has singled out Liverpool city council’s decision to hold a public consultation into renewing its landlord licensing scheme for a further five years. Kirwan says if it...

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Brexit causing “measurable market slowdown” warns buy to let lender

By |2019-02-15T10:03:01+00:00February 15th, 2019|Property News|

A survey of mortgage experts conducted by one of the largest specialist buy to let lenders suggests that Brexit is hitting the market and deterring borrowers. The survey, by Paragon, is forecasting mortgage growth to be its lowest for 11 years with Brexit impacting lower property demand, prices and availability. Paragon is...

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Stable rents show that buy to let is still sound, says leading agent

By |2019-02-15T10:03:04+00:00February 15th, 2019|Property News|

Latest official figures show that private rental prices paid by tenants in the UK rose by 1.0 per cent in the 12 months to the end of January, unchanged from December 2018. In England, private rental prices grew by 1.1 per cent while Wales experienced growth of 0.9 per cent and...

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Fine issued over licensing and health and safety issues with HMOs

By |2019-02-15T10:03:03+00:00February 15th, 2019|Property News|

A landlord has been ordered to pay over £5,000 in fines and costs in a licensing dispute with a local council.  Almas Rashid of Doncaster pleaded guilty to seven offences under the Housing Act 2004 relating to two houses in multiple occupation. The offences included a failure to obtain a licence from...

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The best cities to rent out property on a room by room basis unveiled

By |2019-02-15T10:03:07+00:00February 15th, 2019|Property News|

A number of buy-to-let landlords prefer to rent out property on a room by room basis instead of renting the whole property to one person or a family. Some landlords prefer this option as it sometimes offers an opportunity to bank higher incomes per month, while tenants get to reduce their...

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French Alps experiences boom in new developments

By |2019-02-15T10:03:14+00:00February 15th, 2019|Property News|

There has been a surge in the number of new properties appearing in the French Alps. Erna Low Property has over a dozen new developments for sale across the Northern French Alps, while MGM French Properties is adding an additional chalet to a luxury ski residence in the Champgny-en-Vanoise resort. Resorts with...

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Landlords are being ‘persecuted’ under landlord licensing scheme – claim

By |2019-02-15T10:03:09+00:00February 15th, 2019|Property News|

Buy-to-let investors should be ‘extremely wary’ of buying property in an area affected by selective licensing rules because many local authorities are using selective licensing to introduce penalties for private landlords that go well beyond the mandatory government landlord licensing rules, according to Kirwans law firm. The company argues that legislation...

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Build to Rent roundup – new tie-ups and launch of Salford’s tallest building

By |2019-02-15T10:03:16+00:00February 15th, 2019|Property News|

There has been further activity in the burgeoning Build to Rent sector, with new partnerships being announced and new developments launched.  Firstly, US investor Viventi Capital Management recently appointed leading property manager FirstPort as its first Build to Rent partner in the UK, committing £100 million to one of the property...

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Landlord ordered to pay £5,400 for poor management of unlicensed properties

By |2019-02-15T10:03:13+00:00February 15th, 2019|Property News|

A buy-to-let landlord in Doncaster has been ordered to pay more than £5,000 in fines and costs following a successful prosecution brought by Doncaster Council. Almas Rashid of Thorne Road pleaded guilty to seven offences under the Housing Act 2004 relating to two houses in multiple occupation in Wheatley.  The offences included...

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Price growth slips into the red after 87 months of positive data

By |2019-02-15T10:03:18+00:00February 15th, 2019|Property News|

Average overall price growth in England and Wales has slipped into the red, according to Home.co.uk’s February Asking Price Index. This is the first time negative growth has been seen since November 2011, after 87 straight months of price rises. The national average has been pushed into the red year-on-year, largely...

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