Subject: Property newsletter & update

Introducing Issue 1 of the Mike Frisby Wealth Creation Property Newsletter & Property Update.
This Issue will include various property events (mine & other's that you may find of interest) plus a few of the headlines 'hitting the news' the last few weeks.

Introducing the next few Mike Frisby events that may be of interest to you

HMO Property Business Accelerator Complimentary Talks on either the 11th or 24th September in London

As a few of you may know, I started an HMO mentorship group in Jan 2019. We have around 15 people who are all geared towards up-scaling their investment portfolio and I'm really proud of what the group have achieved together - to date.

I formed this group to teach people the principles of property entrepreneurship & to give them the systems and tools required to work towards a 6 figure income business.

I'm running two FREE taster events in the next few weeks, these events in themselves are packed full of content but the idea is to show people how to gain clarity and take their investment to the next level.

They are no obligation events, if they sound interesting to you then why not come along and have a chat and learn a bit more...

11th Sep event - REGISTER HERE

24th Sep event - REGISTER HERE

* Midos Property Network Meeting in Wembley on the 22nd August (email for your FREE ticket)
* Corby HMO Investor Meeting 3rd Sep - 
* Central London Property Meet 5th Sep -     CLICK HERE FOR INFO
In the news:

Government wrong to say Section 21 is leading cause of homelessness, says NLA (14th Aug article)

Claims that landlords’ use of section 21 “no fault” eviction notices is the leading cause of homelessness in the UK are “factually incorrect, misleading and just plain wrong”, says the National Landlords Association (NLA) as they take their case to No. 10.

Research by the NLA, using the Government’s own statistics, found that of 33,020 households assessed by local authorities between October and December 2018, just 11.8 percent (3,890) of those faced homelessness as a result of being served with a Section 21 notice.

The same data also showed that the top reason for losing the last settled home was because family or friends were no longer willing or able to accommodate them, which accounted for over 15,000 households.

The second most prominent reason was the end of an assured shorthold private rented tenancy. This includes tenancies ended using the fault-based Section 8 and tenants abandoning the property, as well as Section 21. 29 percent of these tenancies were ended due to rent arrears. Previous NLA research has found that landlords’ resort to Section 21 primarily when their tenants fall into rent arrears or antisocial behaviour.

Richard Lambert, CEO of the NLA, says:

“Claims by the Government and tenant support groups that Section 21 is the leading cause of homelessness are not supported by the available evidence. They are factually incorrect, misleading and just plain wrong. No reasonable landlord would seek to evict a tenant without good cause.

“Most evictions are a symptom of wider issues, such as the freeze on local housing allowance, insecure jobs, and the lack of support for vulnerable tenants to sustain private tenancies successfully.

The increase in the use of no-fault evictions through Section 21 is because landlords simply don’t have faith in the courts being able to deal with eviction cases, however justified their reason. “That’s why we’re appealing directly to the Prime Minister to save section 21. Landlords are running businesses and have very few options when it comes to managing the risks they face. The focus should instead be on fixing the issues that contribute to this risk.”

I would be interested to know your thoughts, do please get in touch with your views.
Landlord confidence at an all time low, watch my latest video to get my views.

I do hope that you have enjoyed my 1st issue, keep a look out for our next issue in a few weeks.
Mike Frisby
Property Entrepreneur & HMO Expert
T: 01483 516 299
Helping you create Financial Freedom via Property
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