Page 893 – Property118

Will Tenant Passports Help Renters & Housing?

10th February 2012

We have witnessed a variety of different challenges which have impacted upon the housing market at different times and in different ways. In the early 80s the problem was one of excessively high interest rates; there have been times when rampant inflation has caused house prices to escalate by thousands a week in certain areas […]

Compulsory Licencing of UK Letting Agents

10th February 2012

As stories of Letting Agents who cease trading owing large sums of money continue be reported, Norwich based landlord Mark Alexander has launched an e-petition advocating the compulsory licensing of UK Letting Agents to protect both landlords and tenants. Over 4 million homes are provided by the Private Rented Sector in the UK by 1.5 […]

RLA Counter Shelter’s Five Point Plan

10th February 2012

– News Sourced by Property118 News Team – Following Shelter’s five point plan to step up its fight against rogue landlords, The RLA have released a damning response labeling it a “charter of clichés which can spell danger for tenants too.” Local authorities should be doing more to track down the rogue landlords that are […]

Buy to Let Lending Under the Microscope for 2011

9th February 2012

Buy to let landlords added 84,000 rental properties to their portfolios in 2011, according to the latest figures from mortgage firms. To put the market into perspective, at the peak of buy to let lending, 93,000 loans worth £12.7 billion were advanced in just three months between June and September 2007. That compared to 69,100 […]

Buy to Let Set to Take Over as the New Social Housing

9th February 2012

News Sourced by Property118 News Team The rise of buy to let is more about the decline of social housing in the UK over recent years, according to the latest housing statistics from the Communities and Local Government Department. The gap between private and social renting has steadily shrunk from 3 million to just 200,000 […]

Cloud Over Builders may have Silver Lining for Landlords

8th February 2012

Buy to let looks to continue to prosper as surveyors presented a drab picture of the construction industry. The government has admitted the country needs an influx of infrastructure and housing projects to boost the economy and provide much needed homes over the few years. Although difficulties in sourcing mortgages are holding back home buyers, […]

Best Places to Grab a Discount on House Prices

8th February 2012

Buy to let investors searching for homes offering the best value need to look north, according to online portal Zoopla. Property prices in London and South East – and towns within easy commuting distance like Northampton and Swindon – are commanding higher values with less room for price negotiation.

Property118 Landlords Newsletter – Issue 93

8th February 2012

The latest landlord and property related news including guest articles from industry experts covering property management best practice.  Angus Ryan stresses the importance of having the right landlord property insurance, the ever entertaining HMO landlady shares her tale of cowboy builders and Mark Alexander adds two more compelling blogs to his Landlord’s Log posing questions […]

Rents are Lower than Most Landlords Believe, Claims Belvoir

8th February 2012

Too many self-interest groups are inflating the real rents buy to let landlords are picking up, claims letting specialist Belvoir. Data and interpretations are out of step with reality because most of the claims are from operators around London, where rents are much higher than elsewhere. Belvoir – which has 140 nationwide offices – has […]

Chance to Have your Say About Regulating Landlords

8th February 2012

Time is running out for buy to let investors in Wales who wish to make their feelings known about proposals to set up a compulsory landlords register. The date for responses to the Welsh Assembly Government ‘Meeting the Housing Challenge’ closes on February 14. The government is planning a nationwide register and accreditation of landlords […]

I Should Have Known Better

8th February 2012

After moving into my ex-HMO and refurbishing it last year, I decided that I wanted an open fire or woodburner. I’ve always wanted one and seemed to have come so close a few times but then sold a house before my dream could become a reality – husband citing it as a poor investment. During […]

Get the Right Landlord Property Insurance

8th February 2012

Buildings insurance for a property is generally the responsibility of the owner or landlord. Tenants must still take out contents insurance to cover their possessions if they want to be protected against theft or fire damage, though for example. This is even more relevant in a House in Multiple Occupation letting to students or professionals. […]

Premium Tenancies

7th February 2012

Premium tenancies are something I’ve heard a bit about from a few different landlords in various parts of the Country who don’t know each other. This leads me to believe that these tenancies are more than just an urban myth but I have to admit that they are something I know very little about. However, I’ll share […]

HMRC Loses Key Holiday Let Tax Case

7th February 2012

The tax man has lost a key case that allows holiday let owners claim business property relief against inheritance tax. HM Revenue & Customs has argued for many years that holiday lets are an investment, not a business, and as such are not allowed to claim the relief unless the owner was ‘substantially’ involved with […]

Ban for ‘Unfair’ Sale and Rent Back Firms

7th February 2012

Firms buying homes and renting them back to struggling home owners who are often trying to avoid repossession have stopped trading after a Financial Services Authority investigation. The FSA says most of the schemes should never have been sold as they were either unaffordable or unsuitable solutions for homeowners. The schemes were marketed under several […]

Data Protection Act Laws Affecting Landlords

6th February 2012

Do you think Landlords need to have a Data Protection Licence? My opinion of this is that the rules are very clear. Any person carrying on business who holds personal and/or financial data about other people should be licensed and take proper care to protect any data they hold, whether that’s computer or paper records. To quote […]

House Prices Drop Slightly in Scotland

6th February 2012

House prices in East and Central Scotland have fallen over the past three months according to the latest house price report from ESPC, and they don’t expect things to change. On average, Edinburgh has seen a drop of 1.1% in the course of the year, but the properties in the city centre increased in value […]

Property118 Landlords Newsletter – Issue 92

6th February 2012

The latest news and cash flow tips for landlords. Vanessa Warwick offers her top 6 strategies to improve cash flow, Mary Latham calls on all landlords to understand what impact the Governments freeze on rents will have across the sector and Mark Alexander explains Property118’s relationship with Property Tribes, our chosen forum partner.

Housing Minister urges OAPs to down-size their homes

6th February 2012

The UK Government is backing plans to encourage elderly homeowners to down-size to smaller properties. The move will enable councils to rent out their larger homes to overcrowded families. The new plans which were recently announced by Housing Minister Grant Shapps, intends to assist young families that are finding it difficult to find affordable housing […]

Rents to be frozen from April 2012

6th February 2012

The National Landlords Association announced Friday – “We have just learned from the Department for Work and Pensions that LHA rates are to be frozen from April this year.” If you are thinking “Thank goodness my tenants are not on benefits” don’t stop reading because one P45 can change all of that. I didn’t take […]

Property Tribes – our chosen “property forum” partner

5th February 2012

I am often asked what the relationship is between Property Tribes and Property118. Some people even get the impression that there is common ownership based on the fact that they see the owners interacting so often on each others websites. To clarify the relationship I’ve written this blog.