Landlords’ confidence in the buy-to-let sector has fallen to the lowest level in over a decade, according to the National Landlords Association (NLA).
The Home Office’s recently updated Right to Rent guidance could cause landlords to unwittingly break the law, the Residential Landlord Association has warned.
Plans to introduce a scheme that would allow deposits to move between landlords instead of tenants putting down cash lump sum at the beginning of each tenancy, are being proposed by the government.
An absentee landlord has been fined £7,000 for not doing any work on the garden of his property for seven years as part of a council’s crackdown on empty properties.
One London letting agent has said it will start charging landlords £240 for credit and other checks on top of its current fees – and has urged landlords to pass on the cost to tenants.