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HMO Reforms Expected in 2018

Property
on February 13, 2018
by Property Team
The Government has indicated that new rules relating to houses in multiple occupation (HMOs) will be brought into force in October 2018. The key reform is the extension of mandatory licensing of HMOs. There are also new provisions regarding minimum room sizes.What is a HMO?In simple terms, a house or flat is a HMO if it is occup ... Continue reading

Banning Orders for Residential Landlords and Agents from April 2018

Property
on December 14, 2017
by Property Team
Back in April we wrote about the introduction of new measures to tackle “rogue landlords”. Rent repayment orders and financial penalties have already been introduced. From April 2018, the government intends to bring in banning orders for landlords and agents who have been convicted of certain “banning order offences”.What are th ... Continue reading

Ban on Letting Agents' Fees - Update

Property
on November 08, 2017
by Property Team
A draft Tenants Fees Bill has now been published. As expected, the Bill bans landlords and letting agents from requiring tenants to make any payments as a condition of their tenancy, with certain exceptions.The Bill applies to assured shorthold tenancies and licences but not to other types of letting such as compa ... Continue reading

Short-Term “Airbnb-style” Lettings

Property
on November 02, 2017
by Property Team
Are you considering entering the short-term lettings market? It can be a fantastic source of income for property owners but there are downsides and risks. Here we look at the pros and cons and highlight some issues property owners need to consider before taking the plunge.The Growth of the Short-Term Lettings Mark ... Continue reading

Government Plans to Introduce Ban on Letting Agents' Fees

Property
on October 11, 2017
by Property Team
The government intends to introduce a Tenants’ Fees Bill before the end of the year. The Bill will ban landlords and letting agents from requiring tenants to make any payments as a condition of their tenancy, with the exception of:– Rent;– A capped refundable security deposit (currently proposed to be no more than one month’s re ... Continue reading

Residential Landlords: Comply with Housing Law or Face Tough New Penalties!

Property
on April 20, 2017
by Property Team
On 6 April 2017, parts of the Housing and Planning Act 2016 came into force affecting residential landlords in England (but not in Wales). Further parts of the Act are expected to take effect in October 2017.The recent and forthcoming changes target so-called “rogue landlords”. Landlords who do not comply with their obligations ... Continue reading

What Do Landlords Think About Right To Rent?

Property
on May 25, 2016
by Property Team
According to a recent article in The Guardian, seven in 10 landlords do not understand their obligations under the controversial new ‘right to rent’ rules. Effective as of this February, the new right to rent laws mean that the onus to check tenants’ right to live in England is now placed firmly in the hands of landlords. Announ ... Continue reading

10 Essential Tips for HMO Landlords

Property
on May 24, 2016
by Property Team
 Houses in multiple occupation (HMOs)can be an excellent source of income for the buy-to-let landlord. HMOs tend to yield a higher rent than a home let to a single household. However, owners of HMOs have a heavier management burden and must comply with more legal requirements than other residential landlords.If you are the ... Continue reading

Landlords, are you ready for the Minimum Energy Efficiency Standards (MEES)?

Property
on March 30, 2016
by Property Team
From 1 April 2018 it will be unlawful for landlords in England and Wales to grant a new lease or tenancy agreement of a commercial or residential property with an energy performance certificate (EPC) rating of F or G. There are some exceptions – which we mention below – but for the most part landlords will need to ensure that th ... Continue reading

Residential Landlords Watch Out – Section 21 Notices Just Got More Difficult!

Property
on October 12, 2015
by Property Team
On 1 October 2015, significant changes were made to housing law in England (properties in Wales are not affected). The changes which are set out in the Deregulation Act 2015 increase the level of protection afforded to tenants, while placing extra burden on landlords.Buy-to-let investors are still coming to terms with the budget ... Continue reading

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