Page 845 – Property118

The 2013 buy to let goldrush

2nd April 2013

I have had a ‘gut feeling’ that the property market would turn in 2013 for at least four years, however, until now I have not been able to provide any real justification as to why I believe the 2013 buy to let gold rush will occur. A recent comment on our forum got me thinking about this […]

Missed Second Charge. How to get it removed?

2nd April 2013

We purchased a property in March 2008 from a rather devious lady who didn’t let on about an impending second charge. The conveyancing completed and about a year later when we had to evict her for non-payment. WE had purchased the property and rented it back to her.

Switching letting agent without penalty

2nd April 2013

I need advice on switching letting agent without penalty. I received no rent from my letting agent in March. On checking my bank statements back to the date the tenant moved in, I find that other payments have been missed and that the rent is actually three months in arrears.

Should I let my tenant rent out the spare bedroom to a lodger?

2nd April 2013

My tenants have requested my permission to rent out a spare bedroom to a lodger. I have three tenants, a husband and wife and the husbands brother renting a 2 bed 2 bath flat from me. However, the brother has moved out. They are currently on a periodic tenancy and have decided they can’t really […]

The GOOD Landlords Campaign

Kirit Lakhani of My Happy Move Leicester

2nd April 2013

Kirit Lakhani of My Happy Move Leicester I am a property professional who is also a Mortgage Adviser and I have worked in the lettings industry for the last 10 yrs. I own a few properties and have now recently started a Letting Agency to manage mine as well other Landlords Property. My Happy Move […]

Awaiting FSA second response to Bank of Ireland differential increase

30th March 2013

Martin Wheatley the current head of conduct at the Financial Services Authority (FSA) has been strongly criticised by the Treasury Select Committee (TSC) for the FSA’s response to the Bank of Ireland differential increase for thousands of it’s tracker rate customers. In a letter by Andrew Tyrie MP (chairman of the TSC) Mr Wheatley was […]

ARLA

ARLA’s advice on what to expect from the private rented sector

30th March 2013

The latest figures from letting agents suggest that the UK still has a healthy appetite for rental properties. According to The Association of Residential Lettings Agents (ARLA) over half (54.8 per cent) its members reported that they had more tenants on their books than available properties to rent. With demand so high, those seeking rental […]

Landlords Guide To Health and Safety

28th March 2013

A Simple Landlords guide to Health and Safety written by Syd Lewis When I first started renting properties some 20 years ago, to be legal, all you had to do was have a rent book and if you wanted to ensure you could get possession of your property at the end of the tenancy you […]

NLA logo

NLA report void periods on steady decline

28th March 2013

According to the latest research from the National Landlords Association (NLA), void periods in private-residential property have fallen to their lowest level in over a year, helped by strong and consistent tenant demand. According to the NLA Landlords’ Panel (824 online interviews), enduring tenancies are on the rise with only 33 per cent of landlords […]

Why the need for larger gas pipes for Condensing Boilers?

28th March 2013

Chris asks what reason is there for the change in Gas Safe regs reducing the allowable pressure drop between meter and boiler? It now seems to be between 1 and 3mbars the pressure at the governor is 19-21mbar and the required pressure at the boiler is now 18mbar – even when the manufacture (Vaillant) writes […]

The GOOD Landlords Campaign

Barry Wayne of Ipswich

28th March 2013

Barry Wayne of Ipswich My wife and I are Landlords with property mainly in the Ipswich area, but with a few in Manchester and Liverpool. Despite having been landlords since the 1980’s we are still learning new things and always looking to adapt and modify to suit our needs at a particular time. I cannot […]

Liverpool’s tallest tower is the fastest selling building in the history of the city

27th March 2013

For anyone that missed this earlier there only a hand full of high floor apartments remaining . London-based Delph Property Group, which invests in prestige residential properties, acquired the freehold to the landmark tower from Grant Thornton in December 2012, after its developer Beetham collapsed into administration with just 17 of the 123 apartments sold. […]

PureLocation.com – Useful for online due diligence for landlords?

27th March 2013

I’m looking for a few experienced landlords to write a review in the comments section below based on whether they think PureLocation.com could be useful for online due diligence for landlords. I’m overseas this week lapping up some sunshine and R&R, otherwise I would do it myself. I will of course take a closer look […]

How can honest Landlords remove bad or non paying tenants

27th March 2013

Recardo writes to raise a debate on how honest landlords can remove bad or non paying tenants. I have been a landlord for 12 years and as I manage my own BTL properties I am always looking for information and procedures on this industry. I have even written in the past for advice from other […]

a picture of an oven with a roast chicken inside

Oven Cleaning is one of the biggest issues in a rented property

26th March 2013

Oven cleaning is one of the biggest issues and this article is to help Landlords present this particular item in their property in its best condition for an inventory inspection and help tenants bring an oven back to its initial clean state when leaving the accommodation. Let’s put it into perspective, the cleanliness of a […]

Am I missing a trick by owning my own property?

26th March 2013

Two of my best friends are far more successful property investors than I am, however, they rent their own homes.  Am I missing a trick by owning my own property? One of them is a Director/shareholder in a property company which owns nearly 10,000 properties. He lives in a very modern barn conversion, A rated […]

Buy to Let Calculator - Landlord Resources

Switch to a BuytoLet mortgage within six months of purchase

26th March 2013

New commercial finance facilities are offering the option to switch bridging finance to a  BuytoLet mortgage within the normal 6 months period other lenders require you to wait. Borrowers are now able to bridge  70% of initial purchase price and then, within six months, switch to a BuytoLet remortgage based on 70% of the ” […]

Housing jargon explained by the NAEA

25th March 2013

Recent figures show over 40% of people looking into buying a home say that housing jargon confuses them. House hunter numbers are rising and first time buyers now make up a quarter of the market.  With this in mind the National Association of Estate Agents (NAEA) releases a jargon busting list to assist house hunters […]