Housing: August Buy-to-let index
Rents recorded their largest monthly increase in a year in August, according to the latest Buy‐to‐Let Index from LSL Property Services plc.
Rents recorded their largest monthly increase in a year in August, according to the latest Buy‐to‐Let Index from LSL Property Services plc.
A letting company has been fined £2000, ordered to repay about £6500 in rent – which they illegally collected – and charged with £4000 in costs. (Photo Gallery Below)
Landlords in Wales with tenancies up to £100,000 a year, will automatically default to an Assured Shorthold Tenancy (AST) from the 1st December 2011. If the landlord has taken a deposit for such a tenancy, it may need to be protected.
A survey conducted by the National Landlords Association (NLA) in October 2011, has found that Government caps on housing benefit payments could force over three quarters of landlords out of the Local Housing Allowance (LHA) market. The survey consisted of 528 landlords.
A home owner has been banned from living in his own house after carrying out a range of potentially dangerous and illegal DIY alterations. (PDF of House Photos Below)