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

Latest News

Landlord Today

Landlord Today News.

One of the UK’s largest and arguably most controversial buy-to-let landlord who last year banned ‘coloured people’ from renting any of his properties because ‘they make them smell of curry’ has turned his attention to another innocent social group. Having already barred battered wives and plumbers from occupying his homes, Fergus...
Posted: July 20, 2018, 7:00 am
Amid the headline-grabbing political manoeuvring over Brexit, a policy proposal which could have serious ramifications for thousands of private landlords – not to mention nearly millions of renters – slipped by relatively unnoticed. Ministers have outlined plans to introduce a minimum tenancy term of three years in order to give private...
Posted: July 20, 2018, 7:00 am
Plans to introduce new tougher electrical safety standards in the private rented sector aimed at protecting tenants by reducing the risk of fires caused by electrical faults has been warmly welcomed by Electrical Safety First The government wants to introduce regular electrical checks in the sector, following recommendations made by Dame...
Posted: July 20, 2018, 7:00 am
Students may work hard, but many also party hard, which is largely why they have a reputation for being bad tenants. Binge-drinking students are not renowned for being the most house proud but, for the first time, it has been revealed which Scottish universities have the most responsible student tenants, based...
Posted: July 20, 2018, 7:00 am
A buy-to-let landlord has been fined £2,525 after failing to obtain a license for a shared house in Thurrock, Essex. Adeola Makinde was found guilty at Basildon Magistrate’s Court of failing to licence her property in Norfolk Place, Chafford Hundred, RM16, which she operated as a house in multiple occupation (HMO). Makinde ignored...
Posted: July 20, 2018, 7:00 am
London house prices are continuing to fall, with the collapse in the buy-to-let sector increasing the number of homes on the market for sale, which is placing downward pressure on property prices. The latest Land Registry UK House Price Index shows that London saw the lowest annual price increase in May,...
Posted: July 19, 2018, 7:00 am
The cost of five-year fixed rate mortgages has continued to fall despite fears of an imminent interest rate rise, new figure show. The Bank of England raised the chances of a rate rise next month after its chief economist recently joined two other members of its rate-setting monetary policy committee voting...
Posted: July 19, 2018, 7:00 am
The Tipton & Coseley Building Society will now accept mortgage applications for second homes and holiday lets where borrowers wish to use AirBnB, enabling BTL landlords to rent properties out on shorter and non-fixed-term agreements. The building society has also introduced additional flexibility on overall income, by taking into consideration holiday...
Posted: July 19, 2018, 7:00 am
Thurrock Council is proposing to introduce additional licensing for private landlords renting rooms to tenants in specific parts of the borough where there are higher numbers of houses in multiple occupation (HMOs) in a bid to boost living conditions for renters, improve property management arrangements, encourage landlords to deal with...
Posted: July 19, 2018, 7:00 am
Imagine if you could make the properties that you are currently trying to let look larger, brighter, cleaner, warmer, more homely, and, above all else, make people rent them. General DIY, depersonalise and de-clutter, a fresh lick of paint, clean the windows, hoover the carpet, plump those cushions, ensure beds are...
Posted: July 19, 2018, 7:00 am
Luton and Colchester have been named among the best places for buy-to-let investors in the existing market, based on rental yields. The LendInvest BTL Index regularly ranks 105 postcode areas around England and Wales based on a combination of four critical metrics: capital value growth, transaction volumes, rental yield and rental...
Posted: July 18, 2018, 7:00 am
A single housing ombudsman is crucial to ensure that the current system for complaining about housing is no longer confusing, according to the Ombudsman Services. The government is being urged to simplify the system of consumer complaints in housing and property to help eradicate the “baffling patchwork” of schemes involved. Ombudsman Services,...
Posted: July 18, 2018, 7:00 am
The number of tenants falling behind with their rent payments is likely to rise if rents continue to increase and wage growth remains sluggish, according to RentalStep. The PropTech startup is warning landlords to take note of the fact that some tenants may find it more difficult to meet their monthly payments which...
Posted: July 18, 2018, 7:00 am
A call by a Parliamentary committee for the government to fund certain fire safety improvements in privately owned residential blocks has been warmly welcomed by landlords. In its report responding to the Hackitt Review into building and fire safety, the Ministry of Housing, Communities and Local Government (MHCLG) Select Committee recommends...
Posted: July 18, 2018, 7:00 am
Buy-to-let landlords across the UK are being invited to have their say on what they think of letting agents and other aspects of the private rented sector in a new survey.   The Fixflo survey, which will run until Friday 31st August, aims to gauge the opinions of landlords around the country...
Posted: July 18, 2018, 7:00 am
There has been a further improvement in the letting market, according to board company Agency Express. The number of new rental property listings ‘to let’ increased by 7.8% during June compared to the previous month, while the volume of properties ‘let’ was up 7.4% during the same period, the latest letting...
Posted: July 17, 2018, 7:00 am
Rogue landlords who break the law and exploit vulnerable tenants often make headlines, but spare a thought for landlords who are forced to deal with tenants from hell. There are times when a landlord will have no alternative but to make a claim for possession of their property because their tenant...
Posted: July 17, 2018, 7:00 am
Rogue letting agents and landlords have reportedly been convicted of stealing almost £1m worth of tenancy deposits so far this year, new analysis from deposit-free renting firm Dlighted has revealed. Anti-deposit campaigner Ajay Jagota of Dlighted, who keeps a running total of the cash value of deposits criminal letting agents and...
Posted: July 17, 2018, 7:00 am
Principality Building Society has cut the rate on its five-year buy-to-let mortgage product at 75% loan-to-value by 0.1% to 2.75%, making the deal among the most competitive in the BTL market at the moment. The product comes with a free standard valuation, free legals for remortgages and has no product or...
Posted: July 17, 2018, 7:00 am
Buy-to-let landlords who operate houses in multiple occupation (HMOs) in Cheshire East will face new licensing fees after the local council decided to replace the previous £575 fixed fee with a new structure. The fixed fee of £575, which was set for a period of up to five years regardless of...
Posted: July 17, 2018, 7:00 am