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The annual rate of rental growth slows

Monday 13th November 2017

Annual rental price growth slowed between September and October with the cost of the average new let in Great Britain increasing by 0.5% over the last year to hit an average of £958 per calendar month, fresh data shows...


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Landlords welcome report that will ‘improve safety in rental housing’

Monday 13th November 2017

The publication of a new report to ministers on electrical safety has been warmly welcomed by the Residential Landlords Association (RLA). The report, produced by a working group which included the RLA, recommends that the installation of Residual Current Devices (RCDs) by landlords ‘should be encouraged as good practice and set out in guidance’, which was a key suggestion by the trade body...


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World’s ‘most successful’ Airbnb landlord earns £11.9m a year in London

Monday 13th November 2017

The world's ‘most successful’ Airbnb landlord is based in London and currently makes £11.9m a year in rental income, renting out 881 properties in the city, fresh research shows...


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Cash buyers make up record 65% of buy-to-let purchasers

Monday 13th November 2017

The proportion of landlords acquiring properties in cash has reached an all-time high of 65%, according to fresh data from Countrywide. The highest proportion of cash transactions came in the North East of England, where 78% of buy-to-let investors paid in cash over the last 12 months, seemingly reflecting cheaper house prices...


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Landlord fined £12k for illegally renting out basement

Wednesday 8th November 2017

A landlord has been fined just over £12,000 after repeatedly ignoring warnings from council planning enforcement officers not to carry on renting out a room underneath an outbuilding at his home...


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Vida expands lending criteria to include missed unsecured payments

Wednesday 8th November 2017

Vida Homeloans has announced the introduction of new lending criteria for customers with impaired and improving credit records. The specialist mortgage lender for intermediaries will permit up to three missed unsecured payments within the last six months up to a combined total of £250 on both buy-to-let and residential mortgages...


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Over 500 landlords attend Brent forum event

Wednesday 8th November 2017

More than 500 landlords attended Brent Council’s latest Landlord Forum in north London last week where they were given presentations from experts on private housing services, licensing, housing needs, council tax issues and environmental services...


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New renting platform cuts ‘out the middle agent’ to ensure ‘happier tenancies’

Wednesday 8th November 2017

A new online property letting website backed by newspaper publisher Trinity Mirror has been launched, offering to cut out the role of traditional letting agents and the fees which they charge tenants...


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Tenant had the ‘legal right’ to break back into landlord’s property, says council

Wednesday 8th November 2017

Havering Council has defended its decision to advise a tenant to break back into a rental property that she had vacated 24 hours earlier because she, in the council’s view, ‘still had the right of occupation’...


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Race row landlord told ‘no coloured’ policy is unlawful

Thursday 9th November 2017

The UK’s largest and arguably most controversial buy-to-let landlord who earlier this year banned ‘coloured people’ from renting any of his properties because ‘they make them smell of curry’ has been ordered to scrap the policy...


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