Page 824 – Property118

Tracker Mortgages Press Release

1st October 2013

We are encouraging everybody who has registered for the Tracker Mortgage Class Action campaign to contact their local press with a copy of the Press Release below. Please copy/paste into an email, send it to your local Newspaper and follow up with a call to their financial editor. PRESS RELEASE Local landlords have been shocked […]

Landlords Revolutionary Becomes Regulated

1st October 2013

Landlord Action is the original UK eviction service for landlord and letting agents. Set up as the alternative to solicitors, it has just acquired status as an ABS. So it’s now approved and regulated by the Solicitors Regulation Authority – so it can conduct all the legal work on behalf of landlords and agents itself. […]

Tenants Charter – Mr Pickles, have you gone completely mad?

1st October 2013

Open Letter to Mr Eric Pickles – Communities Secretary – re Tenants Charter Dear Mr Pickles Have you gone completely mad? I am reading in The Times Newspaper today that you are to announce a “Tenants Charter” which will allow tenants to demand two to five year tenancy agreements. Do you realise that most buy […]

Property Network says consumers fear another housing bubble

1st October 2013

In light of the recent announcement by the UK Government that Help to Buy has been brought forward, a survey has been carried out to gauge how the electorate feels about the state of the property market. The survey was taken by the users of the social media-based property portal, Property Network, and paints a […]

Win A FREE Ticket to the NALS Conference

30th September 2013

The @Nalscheme Annual Conference website is now LIVE! Everything you need to know about our event on 31st October http://t.co/05TlisDu3V — NALScheme (@NALScheme) September 30, 2013 Full details and to book tickets … please visit the Conference Website Speakers include: Lord Best The Property Ombudsmen Representative from The London Rental Standard Kate Faulkner Nick Tadd  Property […]

West Bromwich Building Society Tracker Margins Legal Action

30th September 2013

Are you affected by the West Brom Tracker Rate Hike? If your mortgage account number begins with the number 8 you are highly likely to be one of the unlucky 41% of the mortgage customers of the West Bromwich building Society with a West Bromwich Mortgage Company account affected by the 1.9% increase in your […]

Has Capita thrown in the towel on Tenancy Deposit Protection?

30th September 2013

Capita Tenancy Deposit Protection is no longer accepting new deposits with effect from 14th September 2013. Any deposits registered with the scheme will continue to be protected unless otherwise notified. Landlords, agents and tenants who are affected have been notified in writing. If you have any queries, please call 08444 129968 or email: [email protected] The above is the message currently […]

Tracker Mortgage Class Action Update

30th September 2013

630 people have completed our Tracker Rate Class Action Registration Form as I type this update.  Of those, 300 had signed up to the Bank of Ireland Class Action campaign which we started in early March 2013. The remaining 330 have signed up in the last week since the announcement from the West Bromwich Building […]

Mortgage Mugging

30th September 2013

First they came for the Bank of Ireland ‘buy to let’ landlords, I didn’t speak out because I wasn’t a Bank of Ireland customer. Then they came for the West Bromwich Building Society landlords, and I didn’t speak out because I didn’t have my tracker mortgage with them. Then they came for all the ‘buy […]

Who will lend on a property with no bathroom?

30th September 2013

I’ve got my heart set on a property going to auction, which has no bathroom. I can get a mortgage to easily cover the cost of the property. But the problem being, it’s got no bathroom. Went to Lloyds, and delved into what their surveyors will pass an approval on, and basically saved £300 on […]

Can I serve section 21 to someone who is not present?

30th September 2013

I have a tennant who hasn’t been staying in a studio flat that I own for the last two months. She as been with me for just over six month’s now . Can I serve a section 21 to her still if she isn’t present and if so what do I do to enforce it […]

Got A Question or Something To Share?

27th September 2013

Property118 exists to facilitate the sharing of best practice among the UK Private Rented Sector. Many of the Articles appearing on Property118 are Readers Questions and Discussion Threads. Please feel free to use the Form below to compose your own. We will always do our best to answer your questions, but please remember there are 1,000’s […]

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Eviction – Beat the Xmas rush

27th September 2013

Eviction – Beat the Xmas rush and get possession for January letting. Planning for Christmas in October? No we haven’t taken leave of our senses. If you really want vacant possession for January (and you need the current tenant out) now is your last chance before Christmas to make it happen. The courts are stuffed full. […]

Mortgage Express Conspiracy Theory

26th September 2013

I would appreciate your thoughts on the following Mortgage Express conspiracy theory. As we know, Mortgage Express is run by UK Asset Resolution who are tasked with recovering as much money as possible for the tax payer. If UKAR were to increase tracker margins for Mortgage Express customers, to a point where most landlords were […]

Will Mortgage Express copy BoI and West Brom and raise their rates?

25th September 2013

Is there a trend? First the Bank of Ireland raised their Tracker rates and now West Bromwich Building Society have followed suit, will Mortgage Express copy and raise their rates? We borrowed a tidy sum from Mortgage Express and have been enjoying the “Product Variable Rate” of 1.75% above the Bank of England Base Rate. […]

ed miliband

Ed Miliband housebuilder land grab would face legal challenges

25th September 2013

In Ed Miliband’s speech at the Labour Party conference he warned “We’ll say to private developers, you can’t just sit on land and refuse to build. We’ll give them a very clear message – either use the land or lose the land. That is what the next Labour government will do.” ‘We’ll say to local […]

Tenant information requested by freehold managing agents

25th September 2013

I own four flats in a block of 16. The managing agent has been asking me for £30 per flat per annum as the flats are let out, which I am still arguing about as I don’t believe my lease entitles them to this. They also want to know details of my tenants, such as […]

Complaint letter template to mortgage lenders and the Financial Ombudsman Service

25th September 2013

Are you affected by increases in your tracker mortgage interest rate margins? Do you wish to make a formal complaint? We have produced the following letter template to make it easier for you to complain to your mortgage lender and the Financial Ombudsman Service. Note that it costs the mortgage lender a lot of money […]

Landlords Insurance

When is your Landlords Insurance due for renewal?

25th September 2013

We can now GUARANTEE to beat any like for like landlords insurance renewal quote! T.E.A.M = Together Everybody Achieves More and that’s certainly the case for our Landlords Buying Group as we have used the bulk purchasing power of our group to negotiate the an unbeatable landlords insurance deal. It’s free to join our group […]

ACT NOW to protect the margin on your YOUR tracker mortgage

24th September 2013

If you have a tracker mortgage you may be forgiven for thinking that your mortgage payments will only change when the base rate changes.  Just suppose you open your post one day to find that your mortgage lender has decided to increase the tracker margin by a couple of percent! Sounds unimaginable doesn’t it? Well […]

Rent Controls – London vs the rest of the world

24th September 2013

A Landlord Today article this morning says David Orr of NHF (trade body for social landlords) thinks Govt should introduce Rent Controls. Luckily the RLA have swiftly responded, saying “His calls for rent controls are based largely on a select few areas of London boroughs that have seen rents rise as a result of an […]