News New
Landlord ordered to repay £20,000 Housing Benefits Landlord who rented out five properties in Salford has been ordered to pay back nearly twenty thousand pounds in housing benefit for renting them out without a licence. . read more
Freedom of Information Act demanded by furious landlords over deposit schemes An incensed group of landlords, who have between them have losses of more than £60,000, blame a letting agent who had acted on their behalf had used an insured tenancy scheme, are backing a Freedom of Information request. .. read more
Be aware of tenants financial state – advises referencing firm There are daily cases of tenants having to resort to credit cards and pay day loan companies in an effort to pay their monthly rent. Sometimes this leads to an ever downwards spiral of being “caught up in the net” of becoming ever more reliant on continued borrowing to keep up with high interest re-payments. There are reports saying that in some cases tenants were not keeping up with their rents.. .. read more
Home purchasing affects rental growth rate to fall below inflation. Figures that have been researched by a leading Property Services company shows that although there is a massive increase in tenant demand for rental properties, landlords’ rental income growth has dropped below the inflation rate. The average rent has grown by a single solitary £1 to £738 a month from May this year. .. read more
Hollywood Star is not “bright” at paying rent Terrence Howard, the Hollywood actor, who came to prominence in the film “Crash” and is best known for his role in the “Iron Man “ series of films is being sued for not paying his rent. . read more
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