The typical deposit out down on an investment property by a landlord has now hit the jaw-dropping figure of £100,000.
A rogue landlord who was letting out a property with a first floor bedroom door leading to a sheer drop down to ground level has been banned by a local council.
Eviction specialist Landlord Action says the recent average five per cent drop in possession claims issued at county courts in 2014 has been skewed by a more lenient approach being taken by social landlords.
The Deregulation Bill, under which the government is introducing what is effectively a ban on so-called revenge evictions, will be debated in full by the Lords on Wednesday of this week before returning to the Commons for its final reading.
The elderly landlord who harassed the American tenants of a house she owned in East Anglia has been fined £2,000 and told to contribute £2,500 in costs.
The housing chief of a Labour-controlled local authority says the mandatory redress scheme for lettings agents will be nothing to prevent rogue landlords or so-called ‘revenge evictions’.
Legal & General has announced its first investment in the growing UK Build to Let sector with a specific project in Walthamstow and a general pledge to invest up to £1 billion.
The surge in private renting in recent years shows that purpose-built property to let is needed badly according to the British Property Federation.