Head of Chambers, Mark Smith appointed General Counsel for Property 118.

May 23, 2016 tags: News

Head of Chambers, Mark Smith appointed General Counsel for Property 118 following landmark case.

We are pleased to announce the recent appointment of our Head of Chambers, Mark Smith as General Counsel of the Landlord Association for Property118.com, the leading real estate website forum catering for all aspects of business as a private rented sector (PRS) landlord.

Boasting over 250,000 subscribers, the site was founded by businessman and private landlord, Mark Alexander, who originally appointed Cotswold Barristers to lead what became the largest direct-access case in legal history against West Bromwich Building Society. However, without the £500,000 worth of funding generated through Property118.com’s campaign, the case may never have gone to court to dispute the unlawful increase in tracker mortgage rates on buy-to-let properties imposed by West Bromwich Mortgage Company. Following the recent hearing at the Court of Appeal earlier this month, under a panel of judges led by Lord Justice Leveson, best known for his Inquiry into Press Regulation, the case has become a landmark for direct access actions.

Its relevance also identified a significant need for protection within the UK private rented sector against mortgage lenders or the effects of government policies going against the PRS. With a regarded reputation for not being shy to litigate, as well as a proven track record of raising funds and seeking justice, it was suggested by Property118 members that a Landlords Association be established to further legal action should similar situations arise.

Following the recent launch of Property118 Landlords Association, as the legal spearhead of the case against WBMC, Mark Smith, Head of Chambers at Cotswold Barristers was immediately appointed General Counsel. His role will include working with a committee of members to decide which cases to pursue, bringing the greatest benefit to the members of the Association as a result.

 “ I am delighted to accept the accolade of this appointment. P118 is deservedly the ‘go-to’ resource for PRS landlords, and I am looking forward to taking up the challenges that will inevitably confront the members in the future”. 

 

Direct Public Access Barristers with Fixed Fees