Tagged: buy-to-let

Shelter bids to get letting agent fees banned by law in England

Shelter bids to get letting agent fees banned by law in England

Shelter has launched its widely-expected campaign to get all letting agent fees charged to tenants banned throughout England. The lobbying organisation wants the practice outlawed by MPs, and in future only landlords charged. The...




Pressure on lenders to cut rental restrictions

Pressure on lenders to cut rental restrictions

David Lawrenson, of private rental consultants www.LettingFocus.com, celebrates a victory after the London Assembly accepts his firm’s evidence on the private rented sector and will be used as a key recommendation. The London Assembly...




New paper on regulation of letting agents published

New paper on regulation of letting agents published

A new research report on the regulation of letting agents has been published, and placed in the House of Commons library. The report, by Wendy Wilson and Catherine Fairbairn, points out that there is...




It’s boom time for buy-to-let, so here’s your homework

It’s boom time for buy-to-let, so here’s your homework

The buy-to-let sector is booming with landlords tempted by lower house prices, rising rents and improved mortgage deals. Homeowners can no longer rely on house prices rising steeply, but with rental yields on the...




Tories criticise Ed Miliband’s ‘vacuous’ housing benefit reforms

Tories criticise Ed Miliband’s ‘vacuous’ housing benefit reforms

As Miliband urges subsidisation of housebuilding rather than rent, experts say his plan will not generate savings for years. Ed Miliband‘s plans to target the housing benefit bill with a new three-year cap on welfare spending will take...




Labour ‘could force landlords to reduce rents’

Labour ‘could force landlords to reduce rents’

A Labour government would provide local authorities with the power to force landlords in the private rented sector (PRS) to cut the rental rates for their properties. This is according to shadow work and...




One-in-five landlords plan portfolio expansion

One-in-five landlords plan portfolio expansion

One-in-five landlords plan to purchase an additional property over the next 12 months while becoming increasingly reliant on rental income, according to a study by BM Solutions. The survey of over 700 landlords found...




A third of councils are considering compulsory landlord licensing

A third of councils are considering compulsory landlord licensing

Health and safety concerns, and the sheer growth of the sector, lead local authorities to pay more attention to private rentals Eight out of 10 councils expect their authorities to take a more proactive...




Letting agents voluntarily signing up to Ombudsman Scheme while Landlords being made responsible for checking the immigration status of tenants

Letting agents voluntarily signing up to Ombudsman Scheme while Landlords being made responsible for checking the immigration status of tenants

With last month’s announcement by the Government that all letting agents must “belong to a recognised redress scheme.”  It was encouraging to see that The Property Ombudsman was able to announce at the beginning of the...




Welsh government gets ready to revolutionise private rented sector

Welsh government gets ready to revolutionise private rented sector

The Welsh Government has launched a consultation into reforming the private rented sector in Wales. Proposals include ditching ASTs in favour of simplified, standard contracts. They would contained a ‘prohibited conduct’ term to deal...