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New Right To Rent Immigration Legislation Now In Force

New Right To Rent Immigration Legislation Now In Force

New Immigration Legislation Dictates That Landlords Can Only
Let To Tenants Who Have The Right To Rent

As of today, 1st December 2014, new legislation has come into force in Birmingham, Walsall, Sandwell, Dudley and Wolverhampton. The requirement will come in to force in those areas dictating that all UK private rented sector landlords must only let properties to immigrants that have the right to rent property in the UK and the landlords of the West Midlands are the legislative guinea pigs.

The introduction of the Right To Rent law has particular importance to UK PRS landlords who house foreign nationals or operate Houses of Multiple Occupation (HMO’s or multi-let properties) and those landlords using Rent 2 Rent (R2R) strategies.

Under the Immigration Bill (2014) private rented sector landlords are responsible for checking the immigration status of all potential tenants, with fines of up to £3000 (GBP) for landlords who fail to conduct this procedure. Employers will also face “more substantial” fines for employing illegal immigrants.

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Peter Singh Will Share Multi-Let Success Strategies on 5th & 6th October

Peter Singh Will Share Multi-Let Success Strategies on 5th & 6th October

Peter Singh, one of the UK’s fast growing authorities on Multi-Let property management, is holding another of his unique two day seminars on the 5th & 6th October 2013, where he will share the essential requirements to build your own profitable Multi-Let property portfolio.

Multi-let properties are a particular type of rental property that has been split into individual dwelling units, also called Houses of Multiple Occupation or HMO’s.

The concept requires leasing a suitable single let property at a fixed monthly rental price, the property is then sub divided into individual rooms, complying with all the usual safety and legal regulations for a small cost.

The rooms of the multi let property are then let out individually to professional tenants. The profit is made after deducting the difference between the rent paid for the single let of the rental property and the rents paid by individual tenants.

Multi-Let rental properties produce excellent monthly cashflow for property investors and landlords who know how to effectively split suitable properties, without even having to be the owner of the property.

If you want to discover how Peter can help you control property and how a few simple changes to your existing property investment strategy could help to generate excellent monthly cashflow from your existing rental property portfolio, then sign up to attend this unique training event on 5th -6th October 2013.

If you could copy Peter’s strategy for producing an extra £1000 PER MONTH from property, what would that do for your rental property portfolio?

Multi-Let Success - 5th & 6th October - Book Now!

Multi-Let Success – 5th & 6th October – Book Now!

Peter will be sharing a wealth of profitable information for property investors and landlords, on this exclusive 2 day training event, including:

  • HMO/ Multi-let Intro to the Law
  • How to find your £1000 Goldmine area
  • Estate Agent insider’s knowledge
  • The FIVE tenant profiles to know
  • Maximum effect strategies for sourcing tenants and keeping them
  • Staging the property and the safety lessons
  • Systemised Business – maximum cashflow with minimum time
  • Where to get furniture at MASSIVE discounts
  • Power team – where to assemble your discounted tradesmen
  • Legal packs
  • All the templates, notices, tenant spread sheets and manuals

Read what other property investors had to say after attending Peter’s last training days on the 24th & 25th August here – https://www.facebook.com/MultiletSuccessStrategy/posts/203794419794859

or view their video testimonials below

 

Multi-Let Success Strategies with Peter Singh - 5th & 6th October

Multi-Let Success Strategies with Peter Singh – 5th & 6th October

UK HMO property expert Matthew Moody’s recent series of articles published by MyPropertyPowerTeam.co.uk have created quite a stir among UK landlords and investors.

The articles: Thinking of Investing in a High Cashflowing HMO? and Thinking of Investing in a High Cashflowing HMO Part2 reveal an insight into Matthew’s own property projects to maximise cashflow from a single property by turning it into a House of Multiple Occupation (HMO).

The first article deals with the most important aspect of all projects the “Planning”, working out what will work for the property and the area that it is in.

There is a lot of work that goes into the planning of a successful HMO and nothing should be left to chance.

Part 2 concentrates on getting the conversion work on the property done, from sourcing materials to choosing the tradesmen who will do the work to the day to day project management.

Matthew has also written the best selling “HMO Survival Guide” for those who want to get started with HMO’s, including why HMO’s are the perfect property investment, effective management and how to make significant profits from HMO’s.

Imagine month after month, having dozens of deposits in your bank account, with almost no chasing the rent and little tenant support—ever. What an easy way to earn a living that would be! If you’re serious about your property business in 2011 get this report right now and read it today

Buy the HMO Survival Guide by Matthew Moody for only £7 by following this link

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