Page 909 – Property118

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.

Are your tenants fire safe?

11th November 2011

As winter kicks in, Let Insurance Services are impressing on landlords to have their fire safety measures in place. They say shared housing is “seven times more likely to have a fire in the home.” The company also believe more regulation needs to be implemented to ensure all rented properties are safe; up until now […]

Buy to Let Lending is Up – But It’s Not Booming

11th November 2011

The latest buy to let lending figures highlight a rise in landlord borrowing – but the statistics are shrouding an underlying trend. Interpreting the figures comes down to some careful reading of how the Council of Mortgage Lenders (CML) reports the findings.

Tenants From Hell

10th November 2011

Tenants from Hell is my latest amateur production to promote Property118.com and contains music from AC/DC used in the Iron Man movie. One month ago I didn’t know how to operate the video camera on my iPhone so thanks to everybody who’s helped me get this far. I hope you will agree that Property118 is […]

Property118 Landlords Newsletter – Issue 70

9th November 2011

In amongst all the headlines we have got some great news of our own this week and when you visit Property118.com you will discover some significant and beneficial changes. You will immediately notice that the design of the website and our brand identity has changed to reflect the integration of our new strategic partner, Thomson […]

Viewing a Property the Professional Way

9th November 2011

Viewing a house is often an experience tinged with excitement and trepidation – but seasoned investors work to a step-by-step plan. The important point is not to let an estate agent or seller take control of your viewing.

Landlord Tax Cheats Targeted by HMRC Task Force

9th November 2011

Buy to let landlords evading tax face a crack down from a new HM Revenue and Customs task force. Tax inspectors will target buy to let landlords with portfolios of three or more properties in the North West and North Wales.

When is a business review a licence to kill?

9th November 2011

Property118.com re-launches on Wednesday the 9th of November and alongside their established Property News, Insight and Due Diligence calculators will be the site’s new testimonials led Property Services Directory run together with Thomson Local. Research showed that 75% of Private Rental Sector landlords would welcome peer recommendations for trades and suppliers. Key to the Property118.com […]

Mortgage Lenders Paying Deposits on a Private Let????? Have you Gone Mad?

8th November 2011

Most readers of my articles know about my work on landlord/tenant law issues. What many of you don’t know is that 50% of my work these days is negotiating with banks to stop repossessions where people are in mortgage arrears, which is a whole different ballgame. You thought landlord-Tenant law was complicated????? In 1904 an […]