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Make CMP mandatory on agents ‘at the earliest opportunity’ government told

Wednesday 25th October 2017

Given that thousands of landlords and tenants are not protected by client money protection (CMP), placing money held by letting agents are at risk, the government is being urged to press ahead with the consultation on the implementation and enforcement of CMP as soon as possible...


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Rogue landlords in Hackney now face fines of up to £30,000

Wednesday 25th October 2017

Rogue landlords in Hackney face heavy fines after the local council gained new powers to issue penalties of up to £30,000.  Landlords can now be fined for various offences including illegal evictions and failure to meet licensing conditions, with the worst offenders facing criminal prosecution, after Hackney Council’s cabinet approved the new powers, as part of the Town Hall’s Better Renting campaign, which launched in July and includes the first voluntary letting fees ban...


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Landlord given 12-month community service order for illegally evicting tenants

Wednesday 25th October 2017

A landlord has been given a 12-month community service order with a rehabilitation activity requirement of 20 days after being convicted of illegally evicting a family from a property in Clacton...


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Almost a quarter of tenants spend over half their pay on rent

Wednesday 25th October 2017

Nearly a quarter of private tenants in the UK are spending more than half their take-home pay on rent, new figures show. It is generally accepted that for housing to be genuinely affordable, people should spend no more than 30-40% of their monthly income on rents, mortgage payments, or other housing related costs...


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TBMC unveils 1.99% BTL exclusive with Hinkley

Tuesday 24th October 2017

TBMC has launched a new buy-to-let mortgage exclusive with Hinckley & Rugby Building Society. The product is a 1.99% two year discount up to 75% LTV with a flat fee of £1,750 and no early repayment charges...


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Landlord inspections ‘are not something to be afraid of’

Tuesday 24th October 2017

When a landlord let his property in Hartlepool to two cousins, he did not expect them to be sent to jail just over 12 months later for turning their rental home into a drugs factory, which included 23 large cannabis plants worth close to £10,000...


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Top tips to avoid tenant disputes

Tuesday 24th October 2017

Dealing with tenant disputes is one of the biggest challenges landlords must overcome, and can sometimes prove both expensive and time-consuming if mishandled...


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Landlords back calls for Universal Credit waiting time to be cut

Tuesday 24th October 2017

Buy-to-let landlords have welcomed reports that Universal Credit waiting time could be cut from six weeks to a month Former work and pensions secretary Iain Duncan Smith, who initially proposed Universal Credit, is among a growing number of politicians urging the government to reduce the wait time for payments which is pushing some claimants into rent arrears...


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Rent payments should automatically be added to tenant’s credit score, say MPs

Tuesday 24th October 2017

Rent payments should be used as part of credit scores to help private renters secure a mortgage to buy a home of their own, MPs have said. MPs took part in a debate yesterday over whether rent payments should be taken into account when private renters apply for a mortgage to buy their own property...


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Welsh housing minister to address landlords at conference next month

Monday 23rd October 2017

The Residential Landlords Association (RLA) has announced that the Welsh cabinet secretary responsible for housing policy, Carl Sargeant, will be the headline speaker at a conference on the future of the private rented sector in Wales, to be held in Cardiff next month...


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