18 hours ago|
I have a lovely video I received from my letting agent today which would go well towards the argument that tenants should be held accountable for criminal damage to properties. The house was taken back after being abandoned and the tenant must have left their dog unattended as its covered in dog feces. Whilst in one corner we have the government and its continued landlord bashing, (tenants have many votes and landlords few) and in the other corner Jeremy Corbyn - the less said the
18 hours ago|
Post Section 24 mortgage interest relief restrictions for individuals and the increasing demand for Buy to Let in company names there is now a record 235 fixed rate BTL deals available for limited companies. MoneyFacts.co.uk figures below show the number of Ltd co. BTL fixed rates available in the market has gone up by 193% since 2016. Apr 13 Apr 16 Apr 17 Apr 18 Number of fixed limited company mortgages 17 80 212 235 Charlotte Nelson, financial analyst
19 hours ago|
A staggering 73% of Universal Credit (UC) tenants that rent from Housing Associations are in arrears compared to only 29% not on UC. No wonder 62% of private landlords are unwilling to let to UC claimants. These figures have been collated by Sky News using figures from the National Housing Federation for their Line 18 investigation into welfare. 43 Housing associations were surveyed and one said that 90% of UC tenants were in arrears. The RLA and Pearl survey showed that in
21 hours ago|
Since the rollout of the Governments flagship benefit Universal Credit many landlords are finding themselves with tenants that are unable to pay their rent and are therefore incurring rent arrears. Universal Credit has been criticized by landlords and tenants alike mostly for maladministration, department delays in setting up claims and inconsistent and lengthy processes in setting up a Managed Payment Request (APA/Direct Payment to Landlord) So what do you do if your tenants i
2 days ago|
Hi there, I want the tenant’s mother to provide a guarantee and indemnity (not just a guarantee). Does any kind member have a sample document I could use? Many thanks Seaworthy Editors Note: An indemnity creates a primary obligation ie the indemnitor is directly liable for any loss....
2 days ago|
My wife and I previously owned 4 buy to let properties. Unfortunately, we were two of the many victims of the financial crises. We have since sold three of the properties and are currently carrying over a loss year on year....
5 days ago|
Landlords with between 6 and 20 properties in their portfolio have increased from 35% to 39% of those surveyed according to Paragon’s latest PRS Trends research, based on interviews with 203 experienced landlords in Q1 2018. This follows a drop in the proportion of landlords in the 3 to 5 property bracket at the end of 2017...
5 days ago|
Following the latest inflation figure decrease to 2.5%, and softer economic data, Mark Carney has indicated that the Bank of England Monetary Policy Committee (MPC) are less likely to increase the Bank Base rate from 0.5% when it next meets on the 10th of May....
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