No go zones for HMOs ?
The Residential Landlords Association is strongly lobbying against government plans which could result in local authorities having the ability to declare “no-go” zones for privately rented shared houses where they feel they have a “HMO problem” from 1st October. The RLA is concerned that the government’s policy will lead to more red tape at the [...]
Get cash out of your HMO's and grow your rental profits
Our good friend Ian Fleming has sent us a post as below. Landlord with HMO properties looking to raise capital on existing properties and buy further properties for cash as opportunities arise. Facility of £850,000 at 5% over a 20 year term has provided higher gearing than would have been available from a high street [...]
Best Lease Option Deal Yet??
Hot on the heels of our reporting the 24 hour lease option story http://www.ms-law.co.uk/blog/2009/08/16/lease-option-timescales/ we now possibly have the biggest lease option deal yet which is nearing completion. The deal involves the acquisition of an entire block of flats, 9 in total. Our client is entering into a commercial lease of the entire block with [...]
