Happy Tenant Residential Property Management Latest News - The Happy Tenant Company

Latest News

Landlord Today

Landlord Today News.

An estate agency in the West Midlands has shut down leaving clients demanding their cash. Landlords and tenants who dealt with the company, which had an office Kingswinford, Dudley, and another in Wolverhampton, were given no prior warning that the firm was planning to close down. Landlords and tenants who used Holmes estate...
Posted: May 22, 2019, 7:00 am
Rents across England and Wales have edged slightly higher over the past 12 months, increasing by an average of 0.5% to hit £861 per calendar month (pcm) in March, the latest data from Your Move shows. The West Midlands overtook the South West as the fastest growing area this month, the...
Posted: May 22, 2019, 7:00 am
A growing number of older investors are turning to buy-to-let property to supplement their income, new figures suggest. Fresh data from Commercial Trust shows an uptake in the number of older people applying for buy-to-let mortgages. The data reveals that there was a 5.43% increase in the proportion of buy-to-let applications last...
Posted: May 22, 2019, 7:00 am
Six months on from the introduction of licencing that regulates Homes for Multiple Occupation (HMOs), and awareness of the new laws remains limited, according to a leading estate agent. Lisa Simon, who until recently headed up the letting department at Carter Jonas before becoming head of residential sales, has written a...
Posted: May 22, 2019, 7:00 am
Masthaven has announced changes to its buy-to-let mortgage range, including flexible criteria, rates for non-traditional tenants and landlords, as well as complex properties. The new proposition, aimed at individuals, professional landlords and limited companies, comprises of three products, including specialist standard product with two- and five-year fixed rate options up to...
Posted: May 22, 2019, 7:00 am
There has been a notable rise in the number of English landlords investing in Scotland’s buy-to-let sector thanks to cheaper property prices north of the border, along with tax reliefs and higher yields, according to Touchstone. Research by the property training firm found that 78% of its clients believe the best buy-to-let...
Posted: May 21, 2019, 7:00 am
Renters in London are being discriminated against ‘because they are on benefits’, according to ITV News London. ITV News reporter Katie Barnfield interviewed a number of tenants on housing benefits and found that many are struggling to secure accommodation in the capital. As part of Barnfield’s research, she called 50 letting agents...
Posted: May 21, 2019, 7:00 am
A BTL landlord who lost his cool during a heated exchange with a tenant over unpaid rent has been ordered to be of good behaviour for the next nine months at Jedburgh Sheriff Court. Steven Melville, 53, pleaded guilty to behaving in a threatening or abusive manner by shouting and swearing...
Posted: May 21, 2019, 7:00 am
It may actually make more financial sense for older people to rent rather than withdraw equity from their properties, according to Girlings Retirement Rentals. Fresh research shows that there has been a sharp rise in the number of over 55s taking equity release from their homes, but this may not necessary...
Posted: May 21, 2019, 7:00 am
Accord Buy To Let has launched a new range of 80% loan-to-value (LTV) products, designed to give landlords with smaller deposits greater choice. The lender is now offering nine products for landlords looking to purchase a new property or remortgage an existing one with a 20% deposit. Rates on the new 80%...
Posted: May 21, 2019, 7:00 am
Nearly four in ten private landlords will consider selling up if the government scraps Section 21, shocking new statistics reveal.  According to a survey carried out by Landlord Action, 38% of buy-to-let landlords will consider offloading properties if the government axes Section 21 repossessions – so-called ‘no fault’ evictions. A further...
Posted: May 20, 2019, 7:00 am
With less than a week until the European elections take place, a new poll conducted by the National Landlords Association (NLA) suggests that private landlords have lost faith in the Conservative party, with just one in six - 15.75% - now saying they would support them in a general election. The...
Posted: May 20, 2019, 7:00 am
A buy-to-let landlord in Nottingham has been ordered to pay just over £1,600 for allowing five tenants to live in what has been described as a ‘cold and scruffy’ flat on Mansfield Road, NG1, which was in defiance of a council order. Aside from a lack of heating, the tenants were...
Posted: May 20, 2019, 7:00 am
When it comes to letting a property, it is important that landlords and renters have faith in their agent.   To many renters, transparency means fairness. The more open and honest an agent is, the less likely they are to waste the time of clients.   But while most agents do a good job...
Posted: May 20, 2019, 7:00 am
Coventry for Intermediaries has enhanced the number of buy-to-let mortgages permitted with the group from three to five, doubled the maximum aggregate loan limit allowed on all rental properties from £1m to £2m, increased the maximum loan amount at 50% to 75% loan-to-value (LTV) from £500,000 to £750,000, while also...
Posted: May 20, 2019, 7:00 am
Rising UK house prices have left many middle-age workers unable to afford a first home, or as accidental renters after a relationship break-up, which is why significantly more older tenants are now renting from a private landlord than they were a few years ago. Given that there is now more of...
Posted: May 17, 2019, 7:00 am
A record number of landlords have responded to the Residential Landlord Association’s (RLA) survey asking what a post-Section 21 private rented sector should look like. The survey, which went live just days after the government announced plans to axe Section 21 repossessions – so-called ‘no fault’ evictions – last month, has...
Posted: May 17, 2019, 7:00 am
Buy-to-let mortgage activity remained sluggish in March with landlord investors taking out just 5,000 new buy-to-let home purchase mortgages, down 9.1% on the same month last year, according to the latest data from UK Finance. The figures also reveal that there were 14,400 remortgages in the buy-to-let sector, 3.9% more than...
Posted: May 17, 2019, 7:00 am
The ban on fees charged by landlords and letting agents in Wales will be introduced in September, after it received Royal Assent. From 1 September 2019, agents and landlords will no longer be able to charge fees to set up, renew or continue a standard occupation contract except those explicitly permitted...
Posted: May 17, 2019, 7:00 am
Consumer organization Which? recently undertook a mystery-shopping exercise at 20 letting agents in England and Wales and unearthed some disappointed results, including potential breaches of consumer law. Five lettings agents required financial commitments before allowing customers to see contracts One quarter of agents surveyed would only allow prospective tenants to view contracts...
Posted: May 17, 2019, 7:00 am