News - June 2012

Blanket licensing fear

The decision by the London Borough of Newham to press ahead with blanket licensing for every private landlord has come under fire amid concerns that councils across the UK could follow suit.

From January 1, Newham will be licensing some 35,0...
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Tax breaks for buy-to-let investors would help stave off housing crisis

According to a report by social justice charity, the Joseph Rowntree Foundation (JRF), Landlords should be offered tax breaks to provide more homes, lower rents and longer tenancies. They say giving landlords a financial incentive could help a ...
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Tenants sharing could benefit landlords

According to one agency, there has been a steady rise in the number of tenants wishing to share rental properties in order to split bills and save money, but some landlords are unwilling to accept such living arrangements.

Numerous reports h...
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EU threat to buy-to-let lifted

The European directive's final amendments on credit agreements relating to residential property (CARRP) have been voted through, and the UK buy-to-let industry can heave a sigh of relief.

The UK's buy-to-let mortgages will be e...
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Landlords beware of Olympic lets

According to the media, homeowners could be charging astronomical rents to tourists during the Olympics this summer, but the majority of Londoners keen to cash in on late demand are likely to be disappointed.

Edmund Cude, London letting spec...
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