Sunday, 28 February 2010
Lettings News week commencing 21 February 2010
Rental market bounces back
More people are renting homes in recession hit Britain
OFT wins Foxtons renewal fees case
Landlords get protection from unfair fees
Number of private tenants soars
Safe as houses
Unfashionable towns best for Buy to Let
FSA regulation will hinder Buy to Let revival
Sunday, 21 February 2010
Inside Landlord Insurance
Saturday, 20 February 2010
Lettings News week commencing 14 February 2010
Landlords fined £8,000 for inadequate fire safety in flats
Landlord left with £10K bill
BTL activity maintains its downward slope
Landlords can benefit from two boiler grants
It’s time for student landlords to speak up
BTL landlords don't need regulation, says CML
Tenants at risk over carbon monoxide poisoning
Warning sounded over landlords' money transfer
Buy to let yields continue to fall
Buy-to-let profits total 187%
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Saturday, 13 February 2010
Lettings News week commencing 7 February 2010
Buy to Let remortgaging declines
Tenants struggle to pay
Lives at risk due to landlords
Landlords relax rules to keep tenants
Government puts the boot into landlords again
Buy to Let yields fall
BSA says FSA must not regulate Buy to Let
BTL Lending figures from 2009
If you want to comment on these articles or on any aspect of the lettings market please visit our forum The Landlords Club, click here The Landlords Club
Sunday, 7 February 2010
The Government Announces Plans for National Landlord Register
In his statement Healey said "I'm making information about the track record of landlords available to everyone".
These are some of the main points from the report:
A national register run nationally
Compulsory for all landlords (defined as those letting a property on a tenancy agreement – this excludes leasehold, resident landlords and holiday lets)
Basic information required on registration will be name (plus date of birth to ensure uniqueness), contact address, address(es) of property for rent
No further information will be required and there will be no hurdles to registration
There will be a registration fee to cover administration costs
Registered landlords will receive a unique registration number which will be a prerequisite to key landlord activities
Failure to register will be a civil offence attracting a cash penalty
Compliance will be enforced through the two elements set out above backed up by extensive national publicity focused on both landlords and tenants
On registration, landlords will receive a “starter pack” containing information about their rights and responsibilities and helpful links to other organisations.
Similar information for tenants will also be made available as part of the Register website
Only public enforcement agencies will have access to the full data. Landlords will be able to access their data (using their unique registration number). Tenants will be able to access current or prospective landlords’ data (using the relevant landlord’s unique registration number and, therefore, only with permission from the landlord)
Landlords have already told us that they see a National Register as little more than a further tax on landlords. Landlords have already expressed their concerns about how the data contained in the National Register will be used.
But it is likely that the announcement of the website for tenants to comment on their landlord which will cause the most concern for landlords. There was no announcement of any plans for a similar website about tenants, something that many Landlords want.
One concern to us at NetRent is that according to the Government paper just 78 landlords took the time to comment directly on the Rugg Report. The Government estimate that there are over 1 million private landlords.
Click here to read the Government statement
If you want to comment then you can do so on The Landlords Club forum.
If you have any comments or suggestions you wish to make through NetRent.co.uk please email us at enquiries@netrent.co.uk. In view of the nature of this Report we request that all comments are made by email or on The Landlords Club and not by telephone to NetRent.co.uk.
Lettings News week commencing 31 January 2010
Tenancy deposit law is working says the NLA
Buy-to-Let finance still hard to find
Landlords ended 2009 on a high
Two rogue landlords pay nearly £30,000 in fines
Regulation tops list of landlord concerns for 2010
Failed Inside Track founders start again
Landlords increased their portfolios by 4.2% in Q4 2009
Nationwide forces reluctant landlords to remortgage
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