Right-to-rent legislation to come into effect

From 1st December 2014 the Right-to-Rent legislation is to come into effect. The legislation requires that landlords check their tenants have the right to rent in the UK. The scheme will first be rolled out in Wolverhampton, Dudley, Sandwell, Walsall and Birmingham before alternations, if needed, are made and the legislation is introduced around the…

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The North West has seen a 3.3% rise in rental prices

Rental rates around the UK have hit new records, the average rental price has now reached an all-time high of £761 per month according to LSL Property Services buy-to-let index. One of the highest increases was seen in the North West, a 3.3% annual rise in monthly rental prices occurred as yields now reach 7.1%,…

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Landlord and investor complaints rise sharply

There has been sharp rise in the number of formal complaints from landlords and investors complaining about the valuation they have received for their HMOs, (both licensed and unlicensed) according to The Mistoria Group. The complaints centre around valuers’ property valuations and the fees they charge. Very often, landlords and investors have found the valuations…

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