An article written in ire is not usually a good thing generally but my ire this time has been growing for some time and based on sound and constructive principles that I think many P118 readers, especially those who know me, would share. An article in the Daily Mail published in 2008 reported on a […]

Know your market. Are you targeting students, couples, professional singles, holiday or executive renters? What level of return are you anticipating? Each of these markets will require a slightly different approach to the way in which you decorate your property. Neutral colours are still the norm for stylish rental properties and a polypropylene carpet which […]

Tenant deposit protection is rigged against landlords and letting agents – while a large number of tenants are unaware of the scheme, according to a new survey. Landlords are overwhelmingly against deposit protection – more than half (54%) claim the scheme favours tenants and more than a third (35%) consider no one benefits from the […]

Shocked Chancellor George Osborne has ordered a closer scrutiny of buy to let tax reliefs after finding out that some of Britain’s richest landlords pay little or no income tax. The Chancellor was shown redacted copies of tax returns with all personal data removed, and naively realised that instead of paying around a third of […]

Deposits As has been outlined in previous communications, the deposit rules change from 6 April 2012. The most important change is that from that date where a deposit is taken, it must be protected in one of the three Government approved schemes, and the Prescribed Information provided within 30 DAYS. This is an absolute time […]

With the tenancy deposit protection changes coming into force overnight, research by digital inventory platform Imfuna has found 0% of landlords questioned felt deposit protection schemes are designed in favour of landlords. Over half of those questioned, 54%, believed they are designed to favour the tenant. Letting agents appeared to agree, 52% had tenants being […]

Landlords failing to protect a tenants buy to let deposit face tougher penalties under new laws that come in to force from April 6, 2012. The government has closed holes in the tenancy deposit protection schemes after a number of high profile court cases slated the current rules as poorly drafted and impossible to police.

As property sales fall to their lowest level in three years and threaten to keep on dropping, here’s some research that identifies the remaining property hotspots. Lloyds Bank tracks property sales in 500 towns and cities across England and Wales – and has revealed that last year, 300 registered a fall in the number of […]

If you ask 2 different letting agents how they do inventories and condition reports, you’ll probably get 3 different answers. The systems in place range on one extreme from None! by many landlords to carrying out detailed reports with lots of photos and notes.

Firstly to give a level playing field you need to make two assumptions: You have decided on the type of rate Fixed or Variable e.g. both products will be the same (see previous article) To fix or not to fix. You would like an interest only mortgage Next you need to decide over what period […]

Contrary to popular belief, athletics isn’t a well paid sport so every last penny counts for most athletes. I’m very fortunate to have found the perfect work life balance to subsidise my passion for athletics. I’m both a property investor and an Energy Consultant. Because of my background in property I recently spotted a niche […]

This week’s edition features a response from Crisis to the open letter to Grant Shapps from Farah Damji, plus how you can get free tickets to the Property Business Show an ExCeL where Mark Alexander will be one of the guest speakers. There’s also news of rising arrears, an update from the blanket HMO licensing […]

The lack of a joined up official and independent house price index for the UK is at the root of some statistical anomalies in recent surveys. In the space of a few days, landlords, buyers and other property people have been bombarded with numbers that just don’t add up:

It’s green for go for new-style energy performance certificates from April 6 and landlords or letting agents who flout the new rules could face a fine. Energy performance certificate (EPC) laws are tightening and letting agents face more scrutiny from trading standards officers.

Letting agents reporting a rising number of homeowners renting out their properties because they cannot sell has more than doubled in a year, says the Association of Residential Letting Agents (ARLA). The latest figures show almost half of letting agents (47%) were letting properties that the owners were unable to sell – up from 18% […]

Thousands of tenants are in rent arrears with a growing number adding to the total every month, according to statistics from rent receivers. Almost 95,000 tenants were at least two months behind with their rents in the quarter ending March 31 – an increase of 20% compared with 12 months ago and a 10.2% on […]

LetAlliance is rolling out its specialist services to the 200 letting agents across Northern Ireland for the first time as they continue their expansion. With Michael Mccready- formerly of Homelet- at the helm of LetAlliance’s business development in Northern Ireland, Derry / Londonderry, Co Tyrone, Co Antrim, Co Armagh, Co Fermanagh, and Co Down will […]

More than 2,000 Oxford landlords have had warning letters from the city council about repairs to carry out under the UK’s first blanket HMO licensing scheme. The city has around 5,000 HMO properties and is at the vanguard of councils cracking down on HMOs. Although councilors, residents and students back the scheme, landlords and letting […]

HMO landlord Lookman Adeyemi has been jailed for four months and ordered to pay £10,000 costs after admitting flouting fire safety rules after a blaze that killed a 29 year old mum and her three year old daughter. The unlicensed shared house in Milton Keynes was set alight in an arson attack against another tenant […]

The April 6th deadline is looming, so we’ve pieced together a round-up of the impending changes for landlords regarding deposit protection and EPCs. HMO Landlady returns to tell of the chaos that ensues losing your mobile phone, as well as the latest news from Nationwide, the Ombudsman, Experian, HMRC and much more.

We have seen interest free credit cards and financing for TV’s, sofa’s and even cars but we never expected to see this in the buy to let property sector. What’s more, the facilities come with a free valuation, no arrangement fees and no early repayment charges. There is a catch though. Funds are extremely limited […]