DPS VMP

Latest News

Property manager hit with £10,500 fine for unlicensed HMO

Thursday 8th February 2018

A company and the manager of a house of multiple occupation (HMO) in South Hampstead, north-west London, have been hit with a hefty fine following legal proceedings brought by the Camden Council...


Read More          

Property remains a ‘popular investment choice’

Thursday 8th February 2018

With savers continuing to receive poor returns from banks and building societies, thousands of people unsurprisingly continue to turn to residential property as a means of supplementing their income, supported by record-low mortgage borrowing rates, solid demand from tenants and stable yields, as buy-to-let consolidates itself as the investment of choice...


Read More          

Ombudsman Services moves away from ‘broken’ housing market

Wednesday 7th February 2018

Using an ombudsman has long been a pretty successful way of trying to resolve a complaint with a property firm without going to court, but Ombudsman Services (OS) sprung a surprise yesterday when it announced that it was withdrawing from complaints handling in the property sector as it launches a major dialogue with consumers to help tackle what it described as an ‘imbalance in power’ in the housing sector...


Read More          

Renting a home is ‘out of reach’ for many young people

Wednesday 7th February 2018

We all know that buying a home is a distant dream for many young people without wealthy parents, but there is growing evidence to suggest that renting a property is also out of reach for hundreds of thousands of young people...


Read More          

Investor interest in buy-to-let nosedives

Wednesday 7th February 2018

  There has been a significant decline in buy-to-let acquisitions since 2015 owed primary to tax and regulatory changes, new figures show. A new IMLA report reveals that net investment in buy-to-let property has fallen by 80% from £25bn in 2015 to £5bn in 2017 due to excessive regulatory intervention on the sector...


Read More          

A fifth of landlords in outer London forced to reduce rents

Wednesday 7th February 2018

Weaker demand from tenants has resulted in rental price falls in parts of the capital, as some landlords are being forced to reduce rents in order to attract new renters...


Read More          

TMA adds Chorley Building Society to its lender panel

Tuesday 6th February 2018

TMA Club has added Chorley Building Society to its lender panel, offering members immediate access to a wide range of buy-to-let products, including a recently launched product exclusive to intermediaries...


Read More          

Major fine imposed ‘should act as a lesson to all landlords’ in the PRS

Tuesday 6th February 2018

A buy-to-let landlord has been fined almost £34,000 for putting tenants at risk. Harbhajan Singh Dhami pleaded guilty to not one, but 32 housing offences at a HMO (house in multiple occupation) in Merridale Lane, Wolverhampton...


Read More          

Police seize up to £50,000 worth of cannabis in raid

Tuesday 6th February 2018

Police in Plymouth have seized up to £50,000 worth of cannabis in a raid. Officers searched a rented property in Plymouth Hoe, finding hundreds of plants on Sunday...


Read More          

Fake landlord sentenced to six years in prison

Tuesday 6th February 2018

An unscrupulous individual pretending to be a private landlord in order to scam more than £10,000 from unsuspecting tenants before going on the run has been sentenced to six years in prison...


Read More          
NALS Deposit Protection Service
net house prices Zoopla Right Move Angels Media