How Holiday Lets are leaching rented homes off the market in London
So all are agreed there is a housing shortage. Talk abounds about possible solutions but nobody seems to disagree on this basic fact, not government, not landlords not councils. In London, the housing shortage is even more apparent than elsewhere, given that 12 million people live there. This isn’t anti-North, just a statement of fact. […]
Legal expert alarmed at agents “not compliant” with new tenancy regulations
A legal expert is claiming that changes to S21 eviction procedures introduced back in October are not being adhered to by some letting agents and landlords. Legal associate Andrew Verlander from FBC Manby Bowdler says the increase in demand for buy to let investments since pension reforms were introduced last year, coupled with the rush […]
Buy-to-let changes prompt investors to flee
Buy-to-let investors could sell off as many as 500,000 over the next 12 months because of tax reforms, the National Landlords Association has said. Because of changes introduced by the chancellor in the Summer Budget and Autumn Statement, the association stated there would then be a further 100,000 properties sold off in each subsequent year […]
Why is my landlord demanding to see my passport?
A new rule means asking to rent a home is a bit like going through border patrol. Only, this time, you’re showing your passport to your landlord. f providing references and paying letting agent fees wasn’t enough, from February renters will face a new hurdle – showing their passport as well. And on this occasion, […]
Cherie Blair fires first shot in legal battle against Government’s buy-to-let tax
The wife of the former Labour PM is using European human rights legislation in an attempt overturn Tories’ planned property tax. Cherie Blair QC has launched a legal battle against the Government’s flagship policy to increase taxes on buy-to-let investments, claiming it breaches landlords’ human rights. In a letter sent to HMRC and seen by […]