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Property118 Landlords Newsletter – Issue 76

30th November 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  new guest writer Angus Ryan.

The Property Boom of 2012

30th November 2011

Landlord’s Log, the Personal Blog Of Mark Alexander, the Founder of Property118 ** I was so shocked when I received this commentary last weekend that it has taken me until now to decide to post it. The following was sent to me as an email by a person who prefers to remain anonymous for obvious […]

Tenants at Risk in 1 Million Shoddy Buy to Let Homes

30th November 2011

One in three buy to let homes have major safety hazards putting tenants at risk, claims a government survey of homes in England. The English Housing Survey discloses just over 28% of privately rented homes have a ‘category 1 hazard’ – compared with 14.5% of social housing, just under 11% of housing association properties and […]

Your Property & Economic Predictions for 2012

30th November 2011

Calling all landlords and associated property professionals We all read the various pundits forecasts and they are nearly always wrong so I thought it would be interesting to see if Property118.com readers can predict any more accurately what will happen in 2012 than the professionals. Please leave your considered guestimates in the comments section below and we […]

HMO Landlords Fined for Flouting Fire Safety Rules

30th November 2011

A rogue landlord was fined £8,000 for failing to maintain standards at a shared house that was taken over by a council. Ken Herring, 66, admitted four offences of not complying with house in multiple occupation rules before Oxford Magistrates.

Why are Social Housing Tenants Seen As Second Class Citizens?

29th November 2011

As I read my way through developments in the housing world on a daily basis I see increasing reference to perceptions about social housing tenants which seems to be becoming a source of more concern for many landlords. People have often had negative opinions about that world, but not as serious as the direction it […]

Avoiding the Void

28th November 2011

Void periods are an occupational hazard of letting property and something that the vast majority of landlords will experience at some point. The key to a successful void is to keep it as short as possible. Currently there is an environment of strong rental demand but this does not mean that landlords should be complacent. […]

House Sales Tumble to a 40 Year Low

28th November 2011

House sales are expected to slump to a 40-year low with no expectation of the market improving next year. Property market analysts Hometrack predict around 840,000 home sales for the year – down 50% on the housing bubble peak of four years ago.

Landlords are Buy to Let Paupers Despite Record Rents

28th November 2011

Buy to let investments do not make landlords money even though tenants are paying record rents, according to a new study. Financial experts reckon rents are languishing below pre-credit crisis levels when tax and inflation are taken in to account.

Frivolous it might be but I don’t fall out with my tenants because…..

28th November 2011

There have been some really interesting comments on the EU Trying To Kill Buy To Let – sign the petition to STOP it now. blog and it is great to see some new people contributing to this important discussion but I am feeling a bit frivolous at the moment and I thought that I would […]

Got Fences blown down or lost roof tiles? FREE help here >>>

27th November 2011

It was a bit breezy this weekend wasn’t it !!! Have you had calls from tenants to say their fence has blown down or that they’ve lost tiles off their roof? You know these things need to be fixed quickly to keep tenants happy and to prevent further damage so here’s what to do …..

Protecting a Rental Business Against Rogue Letting Agents

25th November 2011

Dozens of letting agents have gone bust in recent months leaving landlords struggling financial with unpaid rents and unprotected deposits. In some cases the letting agents are just poor business administrators, but several have ended in court for deliberate and calculating frauds involving the theft of hundreds of thousands of pounds of money belonging to […]

Agents Need to Use Technology to Stay a Step Ahead

25th November 2011

One of the most important aspects of running a business is keeping one step ahead of the competition and providing a service over and above your competitors. There’s no better time to start this than now since with Smartphones in increasingly more pockets, the possibilities are endless. Every Letting or Estate Agent should look at […]

British Sharers Pay the Highest Rents in Europe

24th November 2011

Sharers pay an average £360 per month for a room – which is 5% more expensive than anywhere else in Europe. The figures were revealed from a study comparing rents in Britain, France, Italy and Spain by letting firm Easyroommate.

Landlord Forced Tenants to Share Cramped Rooms

24th November 2011

Landlord Pavlos Chatzinopoulos was fined £2,515 for making tenants share with cramped rooms with tenants they did not know. Swindon Council swooped on the property after a female renter tipped them off about the state of the house in multiple occupation when a man moved in to her room with her.

Letting Firm Probe Follows Student Complaints

23rd November 2011

A student landlord who charged a tenant £290 for cleaning two flies from a windowsill is under investigation by a landlord consumer body after a number of complaints. Campbell Property, based in Pewsey, Wiltshire, has removed accreditation from the UK Association of Letting Agents from its website pending an inquiry.

Buy to Let Lenders Boast Booming Borrowing Figures

23rd November 2011

Buy to let lender Paragon Mortgages profits rose 12% to almost £81 million thanks to landlords building on their portfolios. Paragon returned to lending in September 2010, and the pre-tax profit represents the first full year’s trading as a lender since the onset of the credit crunch.

What if the PRS didn’t exist?

23rd November 2011

By Guest Columnist Ben Reeve-Lewis I work for a council in London. I’m the landlord’s nemesis, the bogey man, a Tenancy Relations Officer; the guy who prosecutes landlords for harassment and illegal eviction, the one who gets injunctions out against them, has them arrested, helps tenants claim damages against them, kicks doors in and pushes […]

Property118 Landlords Newsletter – Issue 74

23rd November 2011

There is a lot of focus and discussion on the Governments Housing Strategy released on Monday but there are plenty of other landlord stories to educate and entertain in our second issue of the week, including guest articles from the Property Maverick, Nick Stott, Vanessa Warwick and Martin Cunningham.

HSE Warning to Landlords

23rd November 2011

The Health and Safety Executive (HSE) have issued a warning to landlords, saying they will prosecute those “who fail in their duty of care to tenants” after a Walsall landlord was sentenced. Khalid Hussain was fined £2,000 and ordered to pay £3,000 in costs after he failed to replace a boiler that had broken down […]

Developers can’t afford to build – the consequences?

23rd November 2011

Landlord’s Log, the Personal Blog Of Mark Alexander, the Founder of Property118 Earlier this week a comment was left on one of our articles by a property developer who explained in very simple terms why developers can’t afford to build. Right across the UK, building sites are being mothballed but why is this happening if […]