Page 898 – Property118

Sellers Sticking Out for High Prices ‘Hinder’ Housing Market

10th January 2012

Estate agents are blaming sellers asking unrealistic prices for their homes as one of the reasons for a flatlining housing market. Pointing the finger at sellers is unfair as they are probably pricing their home on the figure they need to break even from a deal.

Landlords Expecting Another Year of Bumper Buy to Let

10th January 2012

Landlords are expecting another bumper for year of buy to let, according to research by a property investment lender. Just over half (56%) of landlords predict demand from tenants will continue to stay high.Few expect the private rental market to shrink – only 6% of landlords feel tenant demand will drop and hardly any (2%) […]

Blackburn Landlord Hit with Hefty Fine

10th January 2012

News Sourced by Property118 News Team A landlord in Blackburn has been fined £10,000 and ordered to pay £8,000 in costs after failing to ensure gas safety checks were completed at a property, home to a family of eight. Mr Rashid Hussain failed to organise an inspection, despite being handed an improvement notice requiring him […]

To Insure or not to Insure? That is the Question

10th January 2012

January heralds house insurance renewal month. Every year I promise to get excited about it, compare quotes and wallow for the next year in the knowledge that I’ve secured the most competitive deal. The reality is, when the broker calls I groan with resignation and tell him just to get on with it. As he […]

Letting Agent Plans £8 Million Stock Market Float

9th January 2012

Lettings firm Belvoir intends to join the City’s Alternative Investment Market to raise capital for further expansion. The specialist lettings agency runs 142 franchised offices – and wants to raise up to £8 million from floating on AIM.

Judge Hits Out at Buy to Let Lender’s Poor Underwriting

9th January 2012

A buy to let lender was slammed for a landlord mortgage of £166,500 without carrying out proper income checks in a negligence case at the High Court. GMAC-RFC – now trading as Paratus-AMC – agreed the 90% loan-to-value advance on a £185,000 property valuation from Countrywide in 2004.

Avoiding being ripped off by the Olympics

9th January 2012

Having written my article on the predicted downside of renting during the Olympics I thought I had better provide a bit of guidance for landlords on how to avoid getting ripped off. Foreign sports tourists are also open to abuse simply because they don’t know London or the way things work in the UK. Already […]

Property118 Landlords Newsletter – Issue 84

9th January 2012

The latest news and views from the property market and private rented sector.  Ben Reeve-Lewis and Mary Latham highlight some very important issues all landlords looking to take advantage of the Olympic frenzy should consider, Mark Alexander reviews a free eBook in his Landlords Log and we would like to welcome our new guest columnist Helen […]

Landlords Warning – London Olympics 90 day lettings law

8th January 2012

People who are thinking of letting during the Olympics should be aware that it is a criminal offence to let a London property for less than 90 Days without permission. Landlords will risk fines of up to £20,000 and a criminal record if they do not get planning permission to let during the Olympics. Following […]

London Olympics – Fraud Warnings for Landlords

7th January 2012

You can’t be involved in housing and not be aware of the upcoming rent-fest that is going to be the 2012 Olympics, and not just for London landlords either as Weymouth on the South Coast is hosting the Yachting events. There are now a plethora of websites set up specifically to help landlords make a […]

Tax Man Warns of New Fines for Missing Filing Deadlines

6th January 2012

The New Year countdown for filing tax returns has started – with a timely reminder from HM Revenue and Customs not to be late. Individuals and partnerships must submit their tax return for the year ending April 5, 2011, on or before January 31 – and pay any tax due.

Frustrated Sellers Forced to Consider Let-to-Move

6th January 2012

Frustrated sellers are turning into reluctant landlords as the stagnating housing market in some areas has driven buyers away. Around half of letting agents report a rising number of unintended lets as homeowners either cannot sell or are holding off accepting offers until property values increase.

Damp – a tenants guide to preventing and treating it

6th January 2012

Green, orange, black…… The wonderful colours of mould that you may spot in your house! Damp can be a major problem in student houses. It can cause mould on the walls and furniture, and make timber window frames rot. It encourages mites and can increase the risk of respiratory illness and quite frankly, it is […]

50 new buy to let products from the Paragon Group

5th January 2012

Landlord mortgage lender has changed borrowing criteria and released 50 new loan products – although most are just variations on fixed rates and terms. The main changes to interest buy to let landlords are revised rent and income criteria that bring more purchase and remortgage deals in to the scope of loans Paragon underwriters can […]

Fee Free Property Letting

5th January 2012

Would you be sceptical of an advert for fee free letting? Being a landlord for over 20 years has made me a bit sceptical so when I first heard about a fee free property letting offer my gut reaction was “what’s the catch?”

Sell your Property – On Facebook?

5th January 2012

News Sourced by Property118 A new property platform has launched that allows property hunters to search for and sell their house while they’re on Facebook. Property Place is the only “fully embedded on Facebook” property portal, and has over 500,000 properties listed for the millions of UK Facebook users to search.

A Tale of Two Toilets

5th January 2012

A strange case came my way today and I thought it a grand example of the sort of world I move in and an insight into the Kafkaesque madness that is the stock in trade of my day.

My review of a free landlords ebook

5th January 2012

Yesterday afternoon I spotted a Tweet recommending a free landlords ebook. There are quite a few around but this is the first I’ve decided to review independently.

Cleaning Tips for Students

5th January 2012

Tips for keeping the house looking its best Here are some quick and simple tips to help keep the house and furniture looking its best, follow these to help save money from your damage and cleaning deposit. It is worth spending a bit now to save a lot later!

The UK’s best Property, Lettings, Housing and Landlord Blogs

5th January 2012

Calling UK Property and Landlord Bloggers I’m keen to work with other blog owners focusing on property. I’ve been a buy to let landlord since 1989 and will be happy to write for you, or comment on your blog articles, free of charge. Why am I making this offer?

Is Your Letting Agent in Our Directory?

4th January 2012

Does your Letting Agent provide a good service? If so, please share what you like most about them. I fully appreciate that some landlords prefer to be hands on. I used to think that way but now I prefer to focus my efforts onto other things. My brother is also a landlord and we have […]