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David Cameron becomes capital’s newest accidental landlord

The Daily Mail reveals this morning that the Prime Minister is to become a private landlord, letting out his Notting Hill house as he and SamCam move into Number 10. Many people find themselves in the same position, having to let out an old house when they move to a new job. Here are our top tips for accidental landlords, for Mr Cameron and anyone else who finds themselves owning a house... Read more

Posted by Sue @ Upad on May 24th, 2010 in Landlord Tax, Property Rental, Tips for New Landlords

Mortage lenders tighten up on ‘consent to let’

Mortgage lenders are tightening the rules for "accidental landlords" letting out homes they bought with residential mortgages, reports the Financial Times. Homeowners who want to let out residential property for a short time normally require "consent to let" from their lender. In the past, this has usually been a simple process, with a small admin fee payable; borrowers, so long as they were... Read more

Posted by Sue @ Upad on February 15th, 2010 in Landlord Legislation, Legal, Mortgages, Tips for New Landlords

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