Industry News

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Red tape hinders landlord investment

A survey by rental software firm Ark shows that although 77 per cent of landlords want to invest and grow their portfolio, their efforts are being hindered by compliance. Almost three in 10 say they won’t invest further because they believe rules and regulations are stacked against them. Ark’s head of partnerships Angus Reid explains: “The […]

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Are pets really a problem?

A major supplier to the lettings sector says there’s no reason landlords should not allow pets into properties so long as there is a tightly-written contract,Inventory management firm No Letting Go says a well-considered pet clause should include specifics such as what pets a landlord will allow and a clear record of identification, licenses and vaccinations regarding […]

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Agent removed from Redress Scheme

The Property Redress Scheme has expelled a guaranteed rent operator after they failed to pay an eyewatering £150,000 in rent to a former landlord client. The agent was required to pay the landlord £25,000 by the Property Redress Scheme, the maximum they can award, and has now been removed from the scheme for not complying with the final decision. The landlord will continue to try to recover the amount owed via the courts. The case involved rent to rent arrangements for eight properties, which the agent struggled to fill due to the pandemic. The landlord agreed to reduced rent payments whilst the agent tried to find tenants, but the agent failed to comply with their […]

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Southampton takes top property hotspot

The UK’s largest cities will still offer landlords and property investors the best return on investment beyond 2021, according to Select Property Group, whose latest research highlights their investment potential according to stats like rental dwellings growth, employment rates, number of start-ups and property value.According to the data, Southampton takes the top spot in the […]

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Serious fire safety law breaches at London flat lead to £20k fine and prison sentence

The London Fire Brigade prosecuted a West London building owner after major breaches of fire safety law were discovered following a significant blaze on 9 August 2018. Three years ago, firefighters were called to a fire at a flat above a shop on Queensway in Bayswater, West London. It took 70 firefighters and 10 fire […]

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Shelter praises some landlords

At a fringe meeting of the recent Conservative Party Conference, the Chief Executive of Shelter, Polly Neate, commented that she knew from first hand experience amongst her family that some landlords “bent over backwards” to help tenants during the pandemic. Later at the same conference, she went further by commenting hat there were some very good […]

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Landlord couple fined £126,000 over ‘ghost tenant’ scam

A rogue landlord couple who rented their properties to ‘ghost tenants’ to avoid paying thousands in council fees have been fined almost £190,000. Mohamed Lahrie, 55, and wife Shehara, 51, claimed they were renting six of their properties to a single tenant, which was in fact their letting agent. This meant Waltham Forest Council did not […]

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New co-living development in Brighton

Brundell Property Group has launched its new Kosy Co Living – a new 83-bed co-living and co-working development in Brighton. Situated on Melbourne Street the development is expected to create more than 100 jobs for the city. Residents of the new co-living building will enjoy a private room with an en-suite shower room, access to […]

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New Section 21 and Section 8 form issued

Note that as from today (October 1st) you will have to use the new Section 21 and Section 8 forms. The new Section 21 (form 6a) can be found here, and the accompanying notes here. The new Section 8 (form 3) can be found here, and the accompanying notes here. See Government guidance on evicting […]

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Are pets really a problem?

A major supplier to the lettings sector says there’s no reason landlords should not allow pets into properties so long...

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