Page 905 – Property118

Tell Tenants How to Deal with Emergencies, Urges NLA

16th November 2011

Tenants need to know about how to cope in an emergency to protect rental properties from risk of damage in the cold weather, urges the National Landlords Association. Many rental properties were damaged by flooding after burst pipes because tenants did not know how to switch off the water supply, claims the NLA.

Buy to Let Lenders Forget to Mention the Missing Link

16th November 2011

Buy to let mortgage lending is going from strength to strength, according to industry trade body the Council of Mortgage Lenders. In a lengthy review of the market, the CML discusses various reasons why buy to let is thriving while the rest of the mortgage market is in the doldrums – but fails to mention […]

Property118 Landlords Newsletter – Issue 72

16th November 2011

Our second round up of the week includes a new guest writer, Nick Stott, along with headlines reporting on the latest property market activity, winter guidelines from the AIIC, moves by the Government to simplify calculating tax, a topical post from Frazer Fearnhead and some more Landlord’s Log entries from our very own Mark Alexander.

Should Landlords Pay For An Inventory?

16th November 2011

One thing I have learned from our experiences working with letting agents around the country is that they operate in many different ways. That’s not just between different agencies but also between different offices within the same company. Here in Altrincham, Cheshire, for example, they tend to operate in a very different way from letting […]

Bank of England Believe the Floundering Economy Will Gain Traction Next Year

16th November 2011

The Bank of England have released details of their latest inflation report, and despite the economy worsening and global economy slowing, they believe 2012 to be the year of the sharp inflation decline. They also expect GDP growth to continue to be weak until 2014. The discomfort in the Eurozone has created an air on […]

NALS – “No Agent Loves Sarcasm”

16th November 2011

Why does the general public have such a poor perception of agents? Is it because they are often image-conscious, relatively young, and not recognisably qualified? Anyone who has tried to buy, sell, rent, or let a property in the UK has a negative story to tell about an Estate or Letting Agent, and with minimal […]

What’s your opinion on this? – Landlord’s Log

15th November 2011

Just last evening I received an email from Mary Latham, one of our most popular guest authors. Mary copied me in to correspondence that she was having with a lady called Sue who is a member of a group called Teeside Landlords. To summarise the conversation, Mary was excited that other landlords were talking about […]

Tis the season of goodwill – Landlord’s Log

15th November 2011

There has been lots of talk of rogue traders and corrupt, so-called professionals in our industry, especially on the internet forums. What was needed was a platform to allow landlords and their agents to sort the wheat from the chaff.

Britain Set to Become a Nation of Home Renters

15th November 2011

More people will rent than buy their home in 15 years as attitudes to letting change, says Grainger, Britain’s biggest private landlord. Uncertainty over mortgages and jobs is steering people towards renting and, by 2026, 54% of Britons will rent, according to a survey by the company.

AIIC Serve up a Winter Warning

15th November 2011

Being mid-November, the Christmas warnings are well on their way. The Association of Independent Inventory Clerks (AIIC) has put together guidelines for how landlords can avoid problems and save money. The AIIC has told landlords to beware of water damage as tenants attempt to save money themselves on heating bills. They believe tenants should be […]

Day of Reckoning for Calculating Tax and NICs

14th November 2011

The Government wants to make working out how much tax to pay less taxing by modernising the system, combining National Insurance and income tax. In a ground-breaking move, the Treasury has published two long-awaited consultation documents outlining a more straightforward tax system for workers and the self-employed.

Sellers Wipe £1.3 billion Off Home Values in Just a Month

14th November 2011

Frustrated sellers have wiped £1.3 billion off the value of homes on the market in just one month as they bid to move home. More than 80,000 home prices were slashed by an average £16,632 in October as owners desperate to move before Christmas tried to promote interest in their properties, according to propertyhome.co.uk.

Property Investment Strategies for 2012 and Beyond

14th November 2011

In this video I’m interviewing HMO Landlord and LHA expert Robin Pilley about his strategy for 2012 and beyond. Robin has featured in two of my previous video’s which have proven to be very popular, especially the one entitled “Landlord Defeats Council”. Since recording this video Robin’s co-Director Elaine Grubb has won a prestigious award […]

Property118 Landlords Newsletter – Issue 71

14th November 2011

We now regularly produce more than 20 articles a week which is quite a lot to choose from and decide which to read all in one go. Therefore, due to popular request, we will now be sending our Newsletters out twice weekly as standard.

Homelet Find House Sharing Up, Rent Prices Down on Last Month

14th November 2011

According to Homelet’s latest index, rents dropped a touch in October but were still 4.2% higher than they were at the same time last year. In London, the average is now a massive 23% higher than that of October 2009, and 8.8% higher than last year.

HMO Landlady Sacks Tenant

14th November 2011

Continuing on the maintenance theme (somehow I think this could be ongoing!), I’m in the midst of a continuing dilemma: Tom has been a tenant for 4 years after being referred to me by the Salvation Army. He’s an asset to the house when sober but a pain in neck when drunk as he can […]

Let Landlords Buy Homes with their Pensions, Urges CBI

14th November 2011

Business leaders are urging the government to make a major shift in pension rules to let retirement savers invest in property. The Confederation of British Industry (CBI) has suggested the change as part of a raft of ideas aimed at kick-starting the housing market.

Buy to Let Rents Set to Surge by 20%

14th November 2011

Buy to let landlords will see properties generating a better return from rents than yields over the next five years, according to a leading property consultancy. Savills have forecast rents will surge upwards by 20.5% as the housing market shifts from a buying to renting model, driving more tenants to let property.

Private Landlords Will Need To Be Much More Vigilant if Proposals Go Ahead

11th November 2011

Tenants with anti social behaviour orders will be forced into the private rented sector if proposals to give housing associations and councils a discretionary power to evict tenants who commit crime – even when they have acted long distances away from where they live – go ahead. “Social landlords have claimed their tenants are being […]

Referencing Tenants Explained on Animated Video

11th November 2011

A few months ago I wrote an article entitled How Free Tenant Referencing Businesses Are Influencing Landlords Strategies. Since then I’ve discovered this very professional and very simple video which explains the concept of network referencing really well.