DO NOT Make These Mistakes in Property Investing

The biggest story on this week’s podcast. Local councils struggle to monitor the HMO licensing market.

Alasdair explains how due to budget cuts, councils are 12 months delayed in shutting down landlords or are operating without an HMO license.

The main reason for this is due to the number of budget cuts. Councils are understaffed and can’t keep up with the volume of backdated work.

These systematic errors have allowed rogue landlords, who are not up to date with the new license initiative to continue trading illegally.

The people who are suffering the most with this current problem, are landlords who are abiding by the laws. They will benefit the most the council begins to operate more efficiently and begin shutting down illegal HMO’s.