Blog

Tenant fee ban The tenant fee ban is wide ranging and will effectively bar all landlords and agents from charging tenants these fees unless defined as permitted in the legislation. From 1st June 2019, landlords and agents will no longer be able to charge a number of fees in...

Right to rent Today the High court ruled the government’s attempts to prevent illegal immigrants from renting (right to rent) properties are “discriminatory” and breach human rights laws. Landlords are required to check the immigration status of tenants under...

Ever since the referendum which took place 23rd June 2016 (Brexit UK Property Market) and the surprising result of the vote. The imaginatively named Brexit (Britain EU Exit) has been on the lips of many and ringing in the ears… After last nights 2:1 vote of no confidence in...

Landlords and property managers should prepare property for winter to avoid expensive repairs by carrying out routine maintenance checks. Gutters, drains and roofs Clear them from debris such as leaves and mud to minimise the risk of water damage. Planning six-monthly checks of...

We’ve been eagerly anticipated conservative budget 2018. With some reassuring news for the housing market, first time buyers and the North. Overall The recent budget has confirmed the government’s dedication to the Northern Powerhouse and deliver new property policies...

New HMO Rules The government has introduced new HMO (Houses of Multiple Occupation) rules. Effectively meaning almost another 100,000 private sector properties will need to be licensed with their local council. Previously only houses of more than three storeys and with five or...

BOE rates highest since March 2009 The BOE rate rise from 0.5% to 0.75% may seem small, but it marks the most significant rise in borrowing costs since March 2009. Many mortgages will rise in cost, but savers will be looking forwards to slightly better returns. The last increase...

Lifetime mortgage or retirement interest-only? A recent mortgage option for older homeowners has become available, retirement interest only (RIO). Effectively the borrower pays monthly interest until they sell their home, go into care or die. At which point the property is sold...