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Landlords delay on EPCs

Research from Paragon Mortgages reveals that the majority of landlords haven’t arranged Energy Protection Certificates despite the deadline being only a week away.

Paragon polled a panel of 200 landlords at the beginning of September as part of its latest Trends research.

It found that 81% of respondents haven’t yet obtained an EPC for any of their rental properties. It also reveals that only 5% of landlords polled have obtained the certificates for all the properties in their portfolio.

From October 1 it will be a legal requirement for landlords to show prospective tenants an EPC when marketing a property for rent. Failure to comply with the legislation could result in a £200 fine and prevent the landlord from marketing the property for rent.

John Heron, managing director of Paragon Mortgages, says: “Landlords cannot afford to ignore the regulations when it can increase the risk of void periods.

“We would advise landlords to get their EPCs sorted out as quickly as possible so that they are ahead of the game when it comes to re-letting a property. Every landlord hates void periods and needs to be in the position to react quickly when an existing tenancy ends.”


Property sales plummet for August

Figures from HM Revenue & Customs have revealed that the number of houses sold in the UK last month fell by over half compared to a year ago.

Landlords are in it for the long term

Capital growth has always been seen as a key motivation for investing in buy-to-let properties, prompting some commentators to ask what today’s decreasing HPI environment means for the future of buy-to-let.

Ratings agencies in the spotlight

The International Organisation of Securities Commissions is seeking a global regulatory approach to monitoring the activities of ratings agencies based on its code of conduct. A taskforce will review adherence to the code and report back in January.

Artemis Investments’ Outlook for 2016

Political change and the ‘normalisation’ of interest rates mean 2016 is likely to be another interesting year. But what will it bring for equities – and bonds? Here, a number of Artemis’ managers share their views. Click here to read the full article


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