Mortgage broker landlord and agent fined almost £30,000 for breaking housing laws

The owner of a Chester-based mortgage broker and his business partner agent have been fined almost £30,000 for breaking housing laws.

Hawareden, Deeside

The owner of a Chester-based mortgage broker and his business partner agent have been fined almost £30,000 for breaking housing laws while landlords of a HMO in Hawarden, Deeside.

At a court hearing brought by Flintshire County Council Jayne McGuinness and Richard Collins of Chester-based RVC Estates Limited were found guilty of 16 housing offences. They did not attend the court hearing and were fined £28,000 with an additional £1,640 in costs.

INSPECTION

Flintshire County Council’s private sector housing team carried out an inspection at the property in January 2022 which confirmed the house was being operated as a licensable HMO with five occupiers.

Collins, 46, is the only active officer of RVC Estates. Up until 2003 it traded as RVC Mortgage Services. Its accounts are overdue and Collins lists his occupation as ‘financial adviser’.

He is also a director of mortgage broker Quay Mortgage Services, also in Chester.

Quay Mortgage ServicesThe Quay Mortgage Services website says of Collins: “The Director founder of Quay, Richard Collins has a great deal of knowledge in the finance industry which is passed down in training his team.

“Richard has been trained in banking since he was only 17 gaining all the relevant Finance and Banking qualifications then later decided to specialise in the mortgage market.

“Richard Collins title is MLIA (dip) Ce-Map, which displays his attitude to being qualified over and above the regulatory standard for being able to advise in this area.”

This successful prosecution sends a clear message that the Council will protect its residents from rogue landlords.”

Flintshire’s Cabinet Member for Planning, Public Health and Public Protection, Councillor Chris Bithell, says:“This successful prosecution sends a clear message that the Council will protect its residents from rogue landlords who operate unlicensed HMOs and do not comply with the Rent Smart Wales laws designed to protect tenants.

“It reflects Flintshire’s commitment to ensuring homes in the private rented sector are properly managed.”

Collins was approached for comment.


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