Archive for the ‘Landlords’ Category

Second Phase of Additional Licensing for HMO Properties

Following Oxford City Council’s introduction of Additional Licensing for all HMO properties, the second phase which will widen the net to cover all remaining HMO let properties, not previously licensed, will come into effect on 30 January 2012. The second phase will affect all two storey or single storey HMO’s that contain three or four…

Insurance Policy Small Print

Landlords need to take a close look at the small print of their insurance policies. An independent financial research company, Defaqto, recently analysed 87 different buy-to-let insurance policies and found startling differences. They found wide variations in what was included as standard and what was available only as an optional extra. * The cover for…

Tensions in the Private Rental Sector

Against the background of Shelter calling for a cap on rents in the private rental sector, a report out today from Paragon highlights the tension between increased demand and pressure on families caused by upward movement on rents. More than four out of ten landlords (44%) said tenant demand increased during the third quarter and…

Buying Now Cheaper than Renting Across 90% of Britain

Falling house prices and increasing rental demand has made it cheaper to buy a property than to rent one in 45 of the 50 largest towns across Britain. The cost of renting is now 13% higher on average than the cost of owning, according to the latest research from property website Zoopla.co.uk. It analysed the…

Deposit Dispute Advice

The Tenancy Deposit Scheme has published a new set of case studies on its site, illustrating how adjudicators approach a deposit dispute when landlords and tenants cannot reach an amicable agreement between themselves. It is part of a continuing campaign by the TDS to make deposit resolution open and easy to understand. This latest set…