Property Investors using social media platform for faster transactions

The-BLA-GLOBAL-AGENTS

My Backyard property platform is exciting the investment community as investors around the globe have signed up on the platform and already networking to find opportunities and speed up transactions. The platform as a single global real-estate OTC exchange, run on blockchain, is truly unique. Its raison d’être is to speed up transactions & create value through greater connectivity. Network …

10 Mistakes Inexperienced Landlords Make

mistakes-landlords-make-2018

Avoid common mistakes inexperienced landlords make Being a Landlord especially with the recent legislation and tax changes that have come into force in the last 3 years have made being a landlord difficult and unattractive. 1. Getting a good tenant  You may want to find a tenant quickly so rent starts to roll in, however, don’t act in haste and …

The Homes (Fitness for Human Habitation) Bill has passed through parliament

The Homes (Fitness for Human Habitation) Bill

Homes (Fitness for Human Habitation) Act A new law that will help to raise standards in rented homes in the UK and give tenants more powers to hold their landlord to account for renting substandard properties. Under the Homes (Fitness for Human Habitation) Act, landlords of both social and private rented properties must make sure that their properties meet certain …

Government announces Deposits to be capped at maximum five weeks rent

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The Ministry of Housing, Communities & Local Government has issued the following article; The government Private renters are set to benefit from new measures reducing the amount tenants have to pay up front to secure a home. Private renters are set to benefit from new measures reducing the amount tenants have to pay up front to secure a home from …

The Latest Landlord Advice UK Guidance on Universal Credit and Rent Recovery

LANDLORD ADVICE UK DWP GUIDANCE

Latest newsletter for landlords from DWP The Department for Work and Pensions has published the latest newsletter for landlords who let properties to tenants who are in receipt of Universal Credit. You can read The Department for Work and Pensions Guidance on Universal Credit and rented housing: Guidance for landlords here for more information. Recovering Rent Arrears and Service Charges …

Scotland East Renfrewshire four councils to snub empty homes levy

scotland-council-tax-british-landlord-association-news-2018

Bar head news has reported that a policy which doubles council tax on vacant properties and raised around £12million for Scottish councils last year will not be introduced in East Renfrewshire…because there aren’t enough empty homes. More than 15,000 empty homes across Scotland were charged double council tax last year, through powers made available to the country’s 32 local authorities …

If I transfer a property to my son without payment, will we still be liable for stamp duty?

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Transferring property to a family member One of the most frequently asked question that The BLA members ask our Landlord Advice line is about transferring property to a family member. As many landlords know the tax rules have changed and new one’s continue to pound landlords. Q. I own a property with my son jointly owned with him, the property …

Landlord Insurance Building – Content Insurance etc

BLA landlord insurance products

Landlord insurance – Building Insurance – Tenant content Insurance – Rent Guarantee – Landlord Content Insurance As a landlord you have responsibilities. It is not just about keeping your tenants safe and content.  You of course also want to ensure your investment is safe. That’s why, whether it’s the first time you’re looking for landlord insurance, or you just want …

Know Thy Occupier…..Or Risk a Cannabis Farm on your Land

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Know Thy Occupier Let’s set the scene first…. A bare licence for land with stabling for 2 horses on a personal licence only, (so very limited rights for the licensee and gives the licensor far more flexibility). Fast forward to 10 years continued occupation, a nominal licence fee paid and everyone seemingly on good relations. Client wants the land back …

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