NEWS


Landlords could face fines of up to £5,000 if they ignore tenant complaints about damp and mould. Mould and condensation are a prevalent winter problem in the UK and are caused by warm moist air generated in areas such as kitchen and bathrooms penetrating colder parts of the property. The problems associated with damp and mould are made worse...


After a sustained period of house price stagnation in many areas; 2013 was the year when the property market came back to life. According to leading lender Halifax, prices rose by 7.7% across the country as a whole with the increase in London exceeding 10%. So what does the market have in store for home-owners and landlords in 2014?


Owning a property in the UK with an interest only mortgage instead of renting saves £1,908 per year on average, according to new research. The average rental payment on a two bedroom flat across the UK is £8,258 per year, £1,098 more than the cost of servicing a 5% interest only mortgage on a similar property, which currently stands...


UK landlords are failing to adequately protect themselves from disputes over redecoration because they are not accurately recording the condition of the property at the start of the tenancy. Phrases such as ‘neutral colour’ are open to interpretation and often lead to disputes with tenants, says The Association of Independent Inventory Clerks (AIIC). As a general rule, the responsibility...


Landlords who fail to tell HM Revenue and Customs about all their rental income are being offered the chance to come forward and put their tax affairs straight – before HMRC comes to them. The new Let property campaign will run for at least 18 months, says HMRC, but it appears that time could run out for some landlords...


Rentguard Issues


  • Majority of landlords have helped tenants during coronavirus crisis
  • Rental crisis deepens with over 300,000 tenants late with rent payments
  • Rentguard’s administration fees