Rat infested HMO fine of £29,000

A  Nottingham property management business has been fined £29,000 for a rat infested House in Multiple Occupation.

When Council officers visited the property following reports of a rat infestation they discovered the property to be in a poor state of repair - with no working fire alarms or working fire doors .

Nottingham Magistrates fined the property management business, Nottingham HMO Ltd  ran by a Mr Nazaquat Azam  £19,000 for failing to comply with regulations under the Management of Houses in Multiple Occupation (England) Regulations 2006, alongside a fine of £10,000 for ignoring a notice requesting information under Section 16 of the Local Government Miscellaneous Provisions Act 1976. Nottingham HMO Ltd was also ordered to pay court costs of £1,450.

Take advantage of our discounted landlord insurance rates

Rental growth slows in August

Homelet's rental index for August 2016 shows slowing rental growth when compared to August 2015 data.

• The average UK rent at £913pcm -  3.1% up from this period last year (£885pcm) 
• Greater London annual rental growth is at 2.7% – compared to 7.7% in August 2015 
• Average rents are up in eleven out of twelve regions in the UK

Rents rose at a modest pace during August, HomeLet Rental Index reveals https://t.co/Q9fFhqEj3m pic.twitter.com/7Sg223wVzr

— HomeLet (@HomeLet) September 7, 2016

Take advantage of our discounted landlord insurance rates

Grimsby landlord jailed for 5 months

A Humberstone landlord has been jailed for 5 months and ordered to pay £100,000 costs and £4,200 compensation to tenants following a fire at a rental House in Multiple Occupation in Cleethorpes.

Landlord, Keith Newsum, 54, admitted to cutting corners when it came to fire safety at his HMO.

Grimsby Crown Court heard how Mr Newsum had failed to install the appropriate fire detectors and alarms and self-closing fire doors.

The judge accused Newsum of putting his personal wealth before his tenants welfare.

No risk assessment had been carried out at the property since 2004.

Take advantage of our discounted landlord insurance rates

Should you wait to remortgage?

Should you wait to remortgage or move deals now?  https://t.co/2xNSD3Uq5R @SPFPrivClients (client) comments via @ThisIsMoney

— Melanie Bien (@melaniebien) September 6, 2016

Search the whole BTL mortgage market free 

Britain needs more landlords

Leave the #buytolet market alone - Britain needs more #landlords https://t.co/E6h6w0of5b

— NLA (@nationalandlord) September 6, 2016

Take advantage of our discounted landlord insurance rates

Pre-Burnham - Manchester cue up landlord licensing

Manchester City Council are looking to re-introduce ‘selective licensing schemes’ in specific areas.

The council is considering an initial pilot area of Crumpshall.

A consultation to hear views from local residents and landlords in the Crumpshall area has a closing date for responses of Monday 31 October 2016.

Manchester City Council previous attempt at a landlord licensing scheme was not renewed, but this time around council officials believe that things will be different, stating any landlord licensing will be more focused on 'improving conditions' for tenants.

Andy Burnham has already pledged a clean up of Manchester's Private Rented Sector including the introduction of a landlord licensing scheme covering all of Greater Manchester if he gets elected as the city's mayor in May 2017.

Take advantage of our discounted landlord insurance rates