All posts by Mark Alexander
Buy to let rents break through the £700 barrier...
Buy to let rents have shattered the £700 per month barrier and are on track to surpass the previous record high of £711, according to a property letting specialist.
Average monthly rents have steadily...
£500 million cost for buy to let fire safety is ‘too much’...
A proposed new law requiring buy to let landlords to provide a wired-in fire alarm in their rental property has failed to gain support in parliament due to fears over cost.
Liberal Democrat MP Adrian Sanders...
CML admits mortgage lending has sunk to a 10 year low...
At last some truths about mortgage lending are starting to emerge from the smoke and mirrors propaganda billowing out from the Council of Mortgage Lenders – the cosy club that represents all of the...
British Bankers Association says bank mortgage lending has sunk...
High street banks lent less on mortgages last month than at any time since February 2001, according to the British Bankers’ Association (BBA).
In total, the high streets banks agreed loans of £7.6...
It’s a buyer’s market for landlords with cash to invest...
Property investors may find the next few months an ideal time to buy reasonably priced property as buyer confidence slips to an 18-month low.
Estate agents and surveyors are reporting buyers are saying...
Experian launch a new credit tool to help lenders reduce buy...
Banks, building societies and finance houses not only share repayment information about their customers, but can now also receive insight about the net worth of buy to let investors.
Credit reference firm...
Tax deadline is fast approaching for landlords...
The tax countdown clock is ticking for landlords who have less than 50 working days left before the January 31, 2011 deadline.
The date is not only important because any tax return filed late is hit with...
HMRC gets tough over late £100 fines for late tax returns...
HM Revenue & Customs (HMRC) has issued a warning to anyone who hasn’t yet sent in their self-assessment tax return – file online or face a £100 penalty.
The October 31 paper-filing deadline...
One in three landlords want to buy more homes to let...
Almost a third of buy to let landlords would like to add more letting homes to their portfolios to expand their businesses to meet soaring tenant demand.
Half of landlords are reporting surging interest...
Florida Property Report...
A three page PDF containing four examples of high yielding (circa 20% per annum) Orlando based long term residential rental properties from as little as £25,000.
Lettings watchdog wants more bite to deal with complaints...
Landlords and tenants make about 50 complaints a month about letting agents to The Property Ombudsman (TPO), according to the latest figures issued by the industry watchdog.
The ombudsman has record 484...
Tory MP leads landlord campaign for faster evictions...
Landlord pressure groups campaigning for changes in the law to fast track evictions for difficult tenants are calling for support in a petition.
Mike Weatherley, Tory MP for Hove and Portslade is leading...
How landlords can stand up for their rights against squatters...
Housing Minister Grant Shapps has published new guidance on how homeowners can stand up for their rights against squatters.
The online guide published by the Communities and Local Government Department...
Revealed! Who Really Owns Britain...
Despite more than a century of social change aimed at redistributing the wealth of the nation more fairly, most of Britain is still in the hands of the aristocracy.
Only 0.6% of the people – 36,000...
Landlord News...
With so many contradicting reports and opinions within the media it is hard to know who or what to believe. We have picked out a selection of stories that have caught our eye to assist you in being as...
Platform derails mortgage lending for buy to let...
Buy to let lender Platform Mortgages has signalled a lack of confidence in the market by more or less stopping borrowing for landlords.
Meanwhile, another buy to let specialist – CHL Mortgages –...
HMRC task force chases landlords for unpaid tax...
Landlords are in the firing line of a new HM Revenue and Customs charge to collect unpaid tax.
HMRC is looking at 20 million cases dating back to 2004 where the taxman suspects tax is owed.
Special task...
Reluctant landlords cashing in on buy to let bonanza...
Letting agents all over the UK are reporting a rush by tenants to rent buy to let homes as the mortgage squeeze continues to stop people who want to buy homes from jumping on to the property ladder.
The...
What happens if you die without a will?
The world might not end if you don’t make a will, but the loved ones you leave behind may face financial difficulties and uncertainty.
Many people do not write a will for lots of reasons, some valid...
House price watchers say market is still falling...
House prices fell by a marginal 0.7% across most of the country in October, according to the latest data from the Nationwide.
The average UK house price is now £167,354 – still up 4.5% in the year.
Landlords warned over tenant privacy laws...
Property investors who manage their own lettings who have not registered under data protection laws may be breaking privacy laws.
All businesses and organisations that handle personal data of customers...