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Council plans to roll out more HMO licensing
Councillors are ready to roll licensing for small shared houses across most of Tottenham after running a pilot scheme. Haringey Council proposes to crackdown on antisocial behaviour, parking and rubbish problems after complaints in several neighbourhoods. The additional lic
Posted by on 28/09/2012 09:35:15
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Over 50s rely on property as a pension
Property pensions are the main retirement saving option for homeowners approaching retirement, according to new research. Nearly half of over 50s believe they can unlock cash to help fund their retirement by downsizing, while another 17% are relying on equity release to boost
Posted by on 26/09/2012 15:37:49
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Student landlords fined for breaking HMO rules
Student landlords are urged to license their homes to rent or face prosecution in a crackdown by Liverpool City Council. Two landlords have faced Liverpool magistrates after complaints from students about the standards of their homes. Louis Silverbeck, 68, of Queens Drive,
Posted by on 26/09/2012 15:33:28
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Buy to let rents surge to new high
Buy to let rents are continuing the surge upwards by rising for the fifth consecutive month to a new peak of an average 734 per month in August. Rent arrears fell for the first time in three months, with 9% of total rents late or unpaid as rents climbed by 1.2% from July.
Posted by on 24/09/2012 09:20:06
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Tougher planning controls for shared student homes
Shared house landlords in Plymouth need to apply for planning permission to open new houses in multiple occupation after the council has taken on new powers. Property investors setting up a small HMO - a shared house for three to five unrelated tenants sharing cooking or washi
Posted by on 21/09/2012 09:21:07
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Statisticians finally figure out UK needs a rent index
A shake up of the way the government delivers housing market statistics will see the launch of a new private rental index for the UK. A two-year inquiry has finally delivered recommendations for revamping housing market statistics. The new buy to let rent index will launc
Posted by on 21/09/2012 09:16:33
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Student HMO campaigners lose planning fight
Campaigners against opening more shared homes for students in a university city have lost two major planning battles. Leeds planners were lobbied by Liberal Democrat MP Greg Mulholland, the Leeds HMO Lobby and local councillor Martin Hamilton to vote against the developments,
Posted by on 19/09/2012 09:10:33
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Jail threat for landlord who broke gas safety laws
A block of flats was evacuated and a young girl spent the night in hospital after dangerous carbon monoxide gas escaped from a faulty boiler in a rented flat. The eight-year-old and her parents were treated in hospital after the gas escape triggered an alarm in the flat above
Posted by on 18/09/2012 12:16:36
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Rebuild error leaves landlord 100,000 short on fire claim
A landlord was left 100,000 out of pocket after a fire badly damaged a block of flats he rented out - and he discovered his insurance did not cover the costs of his claim. The landlord had failed to update the rebuild cost of the flats on his buildings insurance for some yea
Posted by on 18/09/2012 12:06:09
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London Metro students get 2m to help with housing costs
The government has set up a special 2 million fund to compensate students for losing advance rent and deposits as a result of London Metropolitan University losing a licence to sponsor students from outside Europe. Universities Minister David Willetts is giving the students
Posted by on 14/09/2012 11:05:48
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Council wants to charge student landlords business rates
Student landlords in one university town can be forgiven for wondering whether they are investors or run a business. Councillors in Warwick want to charge student landlords and other landlords letting out shared houses extra for collecting rubbish. They have voted to charge
Posted by on 12/09/2012 09:16:30
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Landlords target flats and family homes
Landlords are turning from the long-time favourite of terraced house investment to flats and semi-detached homes, according to a market survey. Research by specialist landlord lender Paragon Mortgages shows flats are vying with terraced homes as the main target for investors p
Posted by on 11/09/2012 10:12:27
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HMO campaigners accuse councils of abusing data laws
Landlord campaigners are asking property investors to tip them off about local councils that might be illegally analysing council tax data to identify houses in multiple occupation. One case is already before the Information Commissioner - the body that polices breaches of the
Posted by on 11/09/2012 10:02:34
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Landlords warned over gas safety in buy to lets
Thousands fall victim every year to carbon monoxide poisoning from unsafe gas boilers, cookers or fires - and in many cases the problems are easily rectified with regular maintenance of appliances. Landlords cutting costs by failing to make sure their gas appliances are servic
Posted by on 06/09/2012 16:23:50
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University city has a dozen rogue landlords, claims council
Landlords running unlicensed shared homes triggered 30 complaints last year, according to a snapshot of the private rental sector compiled by York City Council. The report looks at complaints handled by the council about buy to let homes and houses in multiple occupation (HMOs
Posted by on 05/09/2012 15:04:40
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Wealthy foreign students jump uni housing queues
Places in university halls are running out in one university city and pushing up rents as subsidised foreign students flock to let private shared houses nearest the campus. Landlords and letting agents in Sheffield report Chinese students are keen to pay up to 1,000 for place
Posted by on 03/09/2012 09:38:50
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