News items by Tag: News Category

David Cameron backs deal to build 6,500 new homes for rent across UK

Thousands of new homes for rent are to be built across the UK through a major deal that has the backing of Prime Minister David Cameron.

Residential and urban regeneration specialist Sigma, has agreed a major joint venture with Gatehouse Bank plc which will support the roll-out of an initial 2,000 new privately rented residential properties across the North West, with the development cost estimated at £200m. 

Dangerous properties are putting tenants at risk

The recent case of a Reading landlord who was fined £12,000 for failing to maintain a rental property, is just one example of growing problem of dangerous properties that are putting tenants at risk, according to the Association of Independent Inventory Clerks (AIIC).

Ravinder Singh Takhar, 57, was recently prosecuted under the Housing Act and Local Government (Miscellaneous Provisions) Act for failing to comply with regulations in respect of managing HMOs and one of failing to provide information in respect of a property.  Takhar, a millionaire, owned and let a house which had been converted into four flats. The  fire extinguisher had not been tested since November 2006, the rear garden had become overgrown with several discarded household items in it and a gap in metal railing at the front of the house was wide enough for a small child to fall through and down to the basement flat. 

40% of tenants have to borrow to pay tenancy deposits

Four in 10 tenants say that they’ve needed to borrow money in order to pay a tenancy deposit, according to new figures from the leading tenancy deposit protection scheme, my|deposits.

The research, part of my|deposits’ quarterly Tenancy Deposit Protection (TDP) panel, also shows that the average tenant has paid £2,344 on tenancy deposits since renting property. 

Landlord spared jail after carbon monoxide death

A Derbyshire landlord has been handed a suspended prison sentence for failing to maintain a faulty gas boiler that caused the death of a tenant from carbon monoxide poisoning.

Dr Victoria Martindale, 39, was sentenced at Derby Crown Court for breaches of gas safety laws after she failed to arrange gas safety checks to be carried out at the property in Stanley Common, near Ilkeston, over a four-year period.