Friday, November 30, 2018

Gov. ban on combustible materials on new high-rise homes

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How to help renters: long term stability

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House prices edge higher - Nationwide

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Short term bump for housing market

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£65,000 prefab homes in production

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Thursday, November 29, 2018

Loughborough BS extends BTL proposition

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New Government fire door guidance

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Landlord bans should apply across councils

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Landlords and tenants face 'lose, lose' situation

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Wednesday, November 28, 2018

Getting my deposit back in a shared house

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Top ten towns for property to 'do up'

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Tuesday, November 27, 2018

38% of landlords face eviction problems

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Property market at lowest level since 2012

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Student housing built by its residents

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Landlord ignored orders to stop renting 'beds in sheds'

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Monday, November 26, 2018

Homelessness from PRS blamed on benefit system

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Are Aberdeen's property price due for a recovery?

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Research on diminishing house sizes

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Poor doors - a wealth divide in new housing

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Gov. back track over 3-year tenancies

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Natwest shuts branches - benefit tenant protest

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The impact of the EU Withdrawal Agreement on PRS

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Sunday, November 25, 2018

Social rents made up 14% of new homes

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Saturday, November 24, 2018

Thursday, November 22, 2018

Tenant Fees Bill passes 2nd Lords reading

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London's social rented homes at same level as 2001

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Least expensive London rents: postcodes

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Families could take in lodger to beat benefit cap

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The big changes for Welsh landlords

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Wednesday, November 21, 2018

Fall in resi-property stamp duty receipts

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Leeds launches low rate / high fee BTLs

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Nottingham landlord licensing chaos

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Savills five-year property price forecasts

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Second Lords reading for the H (FHH) Bill

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Tuesday, November 20, 2018

Nationwide trims BTL rates

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Landlord Judith Wilson found guilty

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Tenants smoking in a HMO property

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Nottingham landlord fined for illegal eviction

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Monday, November 19, 2018

Accord increases BTL cashback offer

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Rightmove's latest House Price Index

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Landlord will take 9 years to pay off fines

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Asking price falls due to Brexit uncertainty - Rightmove

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Sunday, November 18, 2018

Tenant fees ban bill - final debate in Dec

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Saturday, November 17, 2018

Pros and cons of new 'Housing Courts'

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Increase in new homes delivered MHCLG





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Friday, November 16, 2018

BTL mortgage likely to get more expensive

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Barclays launch new BTL rates

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Thursday, November 15, 2018

How Rent Repayment Orders work

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DWP updates list of Universal Credit areas

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Gov. proposals for new 'Housing Courts'

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Latest ONS rental data

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More on London property price falls

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Wednesday, November 14, 2018

Latest ONS House Price Index published

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Gov. plans for new Housing Courts

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Fears of a Brexit property crash

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Tuesday, November 13, 2018

Section 8 needs urgent review

The National Landlords Association (NLA) is calling for the Government to review the section 8 possession process as the Ministry for Housing, Communities and Local Government announces their call for evidence to consider the case for a Housing Court.

The section 8 possession process requires landlords to seek a court order to gain possession of their property where the tenant has breached the terms of their tenancy agreement. However, tenants can challenge the possession claim and remain in the property.

For the successful possession claims, there is an average period of 18 weeks between claims and repossessions¹, which can cost up to £355 per claim² in court fees alone. The landlord also has to cover legal costs and may face losses when tenants are in arrears and stop paying rent. The NLA’s latest survey of landlords shows that it can take an average of 145 days to regain possession of a property at a cost of £5,730³.

Rent arrears is the most common reason for a landlord to file a section 8 possession claim. The NLA’s landlords panel found that 36 percent of landlords experienced rent arrears and 15 percent have sought to regain possession in the last year³.

The alternative to section 8 is section 21, where no reason is needed and gives tenants two months’ notice. However, this can only be used after a fixed-term tenancy ends or during a periodic tenancy. Landlords often serve both notices simultaneously as it provides greater certainty of vacant possession. This can be vital when a landlord needs to sell the property or move in themselves.

Richard Lambert, CEO of the NLA, says:

“As it stands, the system is failing and needs urgent reform. Landlords are forced to rely on section 21 ‘no fault’ notices, even when there is a breach in tenancy. This is essentially a sticking plaster covering the fundamental issue – that the section 8 process is no longer fit for purpose.

“While the majority of tenancies are ended by the tenant, landlords need to be confident they can regain possession of their properties efficiently in the event of a breach of tenancy to effectively manage their business risk.”

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There are two ways to get squatters out

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North-South price divide to narrow by 2013

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Demand for co-working space to increase

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Birmingham Council want to hear views

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Down-valuations mount for property platform investors

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Landlords warned of 2019 rate rises

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Virgin ups max BTL lending age to 85

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Prefabs make a stylish return

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Lettings fees ban could wipe out profits

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Saturday, November 10, 2018

Friday, November 09, 2018

Precise launches refurb BTL proposition

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Thursday, November 08, 2018

Marsden launches expat BTL

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Homelet's latest PRS rental index

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Is renting cheaper in the next street?

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1 in 10 rental properties advertised unlawfully

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Second home tax to be reviewed

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Concerns over Leeds landlord licensing scheme

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Councils get £2m to tackle rogue landlords

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Pockets of value property in London

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RLA threatens council with judicial review

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