Three-year tenancies to pile pressure on buy-to-let landlords

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While this in theory should save tenants a fair amount of money when signing on the dotted line, landlords should be aware that these costs may be passed onto them. Client money protection. From April 2019, both landlords and tenants can have peace of mind when it comes to how their money is secured.

You don’t have to worry about the costs and responsibilities associated with being a landlord, such as finding tenants yourself and maintaining. Landbay provides three-year fixed rate buy-to-let.

Aside from the fact that three-year tenancies, as proposed by the government, could make it harder for buy-to-let landlords to finance their property purchases, Fiona Bourke, partner at Carter Jonas, argues that longer tenancies will pile pressure on in many other ways.

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Housing secretary James Brokenshire wants to introduce minimum tenancies of three years, with a six-month break clause. He argues that the break clause that would allow tenants and landlords to exit the agreement if needed. Landlords under pressure amid calls to ban evicting tenants without a reason Should I let out my buy-to-let property to a.

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