Page 902 – Property118

Period Homes Give Investors the Best Returns

6th December 2011

Property investors looking for homes with the best capital growth should look for homes built before the end of the First World War, according to new research. High ceilings, decorative features, larger rooms and often larger plots have all contributed to the massive 461% price rise in homes built before 1919 – equivalent to just […]

Possession Increasingly Obtained Without Money Orders

6th December 2011

Landlords across the country appear to be changing tack as the amount of successful possession orders appears to be on the rise. Let Insurance Services have found the amount of possession orders without a money judgement is up a third on 2010 as landlords appear to be cutting their losses.

Landlords from Hell 2 – a personal musing

6th December 2011

Probably like many readers of Property 118, I watched Landlords from Hell on Channel 4 last night with a mixture of annoyance and head shaking depression. I feel partly responsible as having appeared briefly in September’s follow up to the first programme, I stayed in touch with the production company and provided a lot of […]

DPS Smoothing the Return of Deposits

6th December 2011

The Deposit Protection Scheme has made a raft of changes to make the returning and protection of deposits process easier and quicker. Tenants can now request their repayment ID by SMS, they say this should take away one of causes for delay in returning deposits.

Britain in Denial Over Possibility of Falling House Prices

5th December 2011

Two-thirds of people believe house prices will not drop next year despite warnings from banks and governments that the global economy is on the brink of slipping back in to recession. One in five predict prices will rise by the end of 2012 while around 40% expect no change despite property prices sitting around the […]

Landlords Urged to Sign up for Tenant Property Passport

5th December 2011

Landlords are being urged to sign up for a new passport scheme for tenants that build a six-year rental history similar to a credit record. The passport is a real-time online service that helps landlords reference tenants.

The Pointless Housing Benefit Helpline

5th December 2011

I’ve just come off the phone to our local housing benefit “help” line, scraped myself off the ceiling and stopped terrifying the handyman (who is putting up shelves) with my expletives. Based on previous experience, I don’t know why I thought this call could ever be a productive use of time.

Property118 Landlords Newsletter – Issue 77

5th December 2011

The latest news and views from the property market and private rented sector. This edition also includes guest articles from Ben Reeve-Lewis, Mary Latham and the return of Landlord Action’s Paul Shamplina.

The Devil is in the Detail

5th December 2011

The Localism Act 2011 is another heavy piece of legislation and you might be forgiven for missing a very important detail. It has been overlooked in several articles that I have read this week, but the courts will not forgive you so you’d better read on. In the Housing Act 2004 it became unlawful to […]

Landlords Working Guide

5th December 2011

Landlords working guide to housing case law Abandonment etc This is the first of a new and occasional series (In other words as the mood takes me) where I try to explain my world as an enforcement officer for landlord and tenant law to people in your world, PRS landlords just trying to get by.

Drug Dealing Landlord is Worth Just £266

5th December 2011

A drug dealing landlord who planned to run a cannabis factory in a charity hostel has assets of just £266 to set off against profits of £7,000 from his crimes. Naeem Sarwar, 33, the resident landlord at Maundy Relief in Union Road, Oswaldtwistle, Lancashire, was arrested when police raiding his flat found £5,000 of cannabis […]

Eyesore Extensions Must Go, Planners Tell Landlords

5th December 2011

Planners are cracking down on landlords who have added extensions to 24 homes in just three streets without permission. Manchester City Council says 14 of the illegal extensions were built on properties owned by two landlords.

Islamic Bank Offers Buy to Let Loans for First Time

4th December 2011

Islamic Bank of Britain has joined the throng as the latest lender to offer buy to let mortgages to landlords. The IBB will consider applications from landlords of any faith for a Sharia-compliant mortgage. The mortgage package is a 75% loan-to-value deal at 5.49% variable with a 1% arrangement fee.

New App to Help Contents Claims

2nd December 2011

Readyclaim.co.uk are making it even more difficult for landlords to avoid adopting new technology as they launch their new online asset management tool. Readyclaim believe their tool will make easier and more accurate insurance claims as users can take pictures of their assets and attach pictures of receipts or invoices to it.

Your Good Tenant Month Stories

1st December 2011

Congratulations to Roy for his winning story! Mary Latham selected the Good Tenant Story because “People don’t have to do “big” things to be good tenants, all landlords really want is for their tenants to do as this family does. Its great that Roy recognises the fact that they are good tenants and I hope […]

Unwrap a £150 Christmas Gift from the Tax Man

1st December 2011

Every landlord can unwrap a generous £150 gift to himself courtesy of the taxman. Buried in tax law is a little known rule that lets every business spend up to £150 per head on a party for staff – and the rule applies to landlords as well.

Old Bob’s Funeral – I just had to share this >>>

1st December 2011

Landlord’s Log, the Personal Blog Of Mark Alexander, the Founder of Property118 A few weeks ago I got a call from my best friend asking me to be an extra in a video he’s making. Why not I thought. Come dressed for a funeral he said. Why who’s died I replied. Nobody he said, just […]

NPG offer money back deal

1st December 2011

Property management company The National Property Group (NPG) have announced they will refund any management fees after six months if the landlord isn’t entirely happy with their service. The portfolio specialist believes they have a service that will fit buy to let landlords so well that they are comfortable offering what they call a ‘no […]

Be Wary and Be Vigilant

30th November 2011

Over the course of the last 3 years at Landlord Action I have been contacted by many disgruntled investors trying to claim back sourcing fees or deposit monies paid to rogue property investment and sourcing companies. Awareness of this has needed to take on paramount importance since we hit recession in late 2008. Lending stopped […]

Judge Strips HMO Landlord of £112,500 Illegal Rents

30th November 2011

A landlord who defied planning laws to convert three houses in to houses of multiple occupation (HMOs) has been stripped of £112,500 in rents by a judge. Piara Singh Sehajpal ignored planning rules and turned three houses in 16 letting rooms and rented them out at £800 a month each.

1 in 7 Homes a Buy to Let … and the Number’s Growing

30th November 2011

The number of buy to let properties has increased by 756,000 homes since 2007, according to the latest government housing statistics. The latest figures from the Communities and Local Government Department say landlords rented out 3.938 million homes in April 2010.