A good reference isn’t an expense. It’s an investment.

In business, success requires a close eye to be kept on income and expenditure. It’s no different in property rental, and in a climate of tax changes, increasing regulation and the knock-on effects of the agency fees ban, cutting unnecessary expenditure makes sense. It is easy, therefore, to see why some landlords are choosing a […]

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Looking beyond the populist message of rent control

Last week, London’s mayor, Sadiq Khan, renewed his calls for rent controls to be implemented in the capital. Currently, that’s not something under mayoral control, but Khan wants the Government to make it possible that he, or indeed his successors, can impose rent controls. As rents seem to be steadying or even declining in some […]

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In 136 days, tenant fees will be banned

  In less time than the duration of many tenancies, our industry faces a major change. In the House of Lords yesterday, on a day when eyes might have been focused on other political events, the Government’s housing spokesman named the date for the fees ban implementation. It’s June 1, 2019, and that date will […]

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Do landlords need to be legal experts?

Let’s assume you’re a landlord and that you haven’t spent years with your head in books, studying cases and rulings. You don’t handle legal matters in an office or a courtroom and you don’t have one of those horsehair wigs. That’s fine. Or at least it is until a court case throws our industry into […]

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Landlords: pawns in a political game?

Housing has always been a political issue, but as the levels of home ownership fall and concerns rise about Generation Rent, it’s become even more of a hot potato. Last week, on top of everything else that we’re facing, MPs called for the abolition of Section 21 evictions. The debate raised fair points but was […]

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Everything you need as a landlord – without the supermarket tactics

Supermarkets know a thing or two about getting you to buy their products, including the things you don’t really need. They fill their shelves based on studied patterns of eye movements. They slow you down with relaxing music. They hide their bread and milk – the essentials – deep inside the store. They even have […]

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Looking for the right location? Head to Manchester

  The buy-to-let business has definitely got harder. But – and this may appear controversial – before recent Government changes, it was perhaps a little too easy. With few barriers and high returns, the sector was attractive to some people who didn’t have the skills, the attitude or the responsible approach that being a landlord […]

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Landlords – stick to the rules to keep your income

In April, the system for fining landlords in breach of housing regulations changed. There’s now a maximum penalty of £30,000 which can be imposed without court proceedings. What’s more, local authorities have the right to recover up to 12 months’ rent from those landlords who have harassed their tenants or let properties which are in […]

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Right to Rent Checks – following up

Now that the dust has settled over the introduction of Right to Rent checks, the smaller details of the rules are beginning to cause some concern. We’ve just about got to grips with the idea of the initial check and the documents we’re required to keep, but what happens where all the checks are fine […]

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Another increase in Insurance Premium Tax

We feel like apologising for yet another increase in the standard rate of insurance premium tax (IPT) which will apply to policies with effect from 1st June 2017, but of course, we don’t have much say in Government policy. The Chancellor’s decision to increase the rate from 10% to 12% seems harsh. Only two years […]

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