Page 910 – Property118

Tenant Demand is Still Increasing, Report Landlords

12th October 2011

Tenants are still clamouring for buy to let homes, according to the latest survey of landlords. Many landlords (44%) reckon tenant demand has increased in the three months ending September 30th, says Paragon Mortgages, the firm instructing the research. Only 4% feel demand decreased. Almost half of landlords (49%) feel tenant demand will carry on […]

Landlords Log Part 12 – Holiday Lets Discussion

12th October 2011

What better time to discuss holiday lets than whilst I’m on holiday? Are holiday lets a viable investment and how easy is it to manage a property at distance? Please share your thoughts and experiences. Whether you are into holiday let’s or not this video is well worth a watch just to enjoy the wonderful scenery of Taormina in […]

Property118 Landlords eNewsletter – Issue 66

12th October 2011

With the property market continuing to make headlines we have another great selection of articles for you ranging from the latest lender announcements, housing market survey updates and guest articles from industry experts.This week our new ‘video blog’ section features discussions on property management & refurbishment, landlord accreditation schemes and overseas holiday lets. These are […]

Landlords Log Part 11 – Landlord Accreditation Schemes

12th October 2011

Landlords Accreditation Schemes operated by the NLA (National Landlords Association), MLAS (Midlands Landlord Accreditation Scheme) and London Landlords Accreditation are now being used to set a benchmark by some Universities (two in Birmingham) as to whether to allow landlords to advertise properties to let to their students. The schemes are education based, NOT inspection based. […]

Mortgage Lending Recovers But Still Less Than a Year ago

12th October 2011

Mortgage lenders released the purse strings on home loans slightly in August, but this year looks unlikely to equal last year’s lending. Remortgaging was up significantly, with 34,100 loans worth £4.2 billion, making both the number of loans and amount borrowed were more than 30% higher than August 2010. The number and total value of […]

House Prices and Sales are Still Stagnating

12th October 2011

Little has changed in the stagnant housing market over recent weeks, according to the latest market and price surveys. The latest UK house price statistics from the government show house prices sliding back 1.3% over the year to the end of August. The average UK house price was £208,476, says the Communities and Local Government […]

Counting Error Could Hold up Student Developments

11th October 2011

Universities in Oxford may have to put millions of pounds of developments on hold because protesters claim they have broken planning rules. Oxford and Oxford Brookes Universities both signed agreements that limit the numbers of students that can live off campus – and residents have put together a census report that argues both have got […]

Cheap Buy to Let Mortgages Set to Disappear

11th October 2011

Cheap fixed rate and tracker buy to let mortgages may be on the way out as the rate lenders pay for money has increased. This is likely to lead to higher mortgage rates even if the Bank of England base rate stays at the record low of 0.5%. Banks and building societies pay returns based […]

The Boomerang Effect for Landlords?

7th October 2011

“Respect seems to be like a boomerang in the sense that you must send it out before it will come back to you.” I have been giving a lot of thought to the relationship between a landlord and his tenants. Many tenants have landlord stories and many landlords have tenant stories but sadly neither seem […]

Banks Pull the Plug on Lending for Student Housing

7th October 2011

The great rush for student lettings may be ending for the big corporate developers due to fears of over exposure in the market. Property consultants EC Harris have revealed public spending cuts have drastically hit the student housing sector as universities do not have the cash to finance building more halls. Private investors are now […]

Buy to let Borrowers Braced for New Lenders

7th October 2011

The buy to let mortgage market is set for changes as new lenders are ready to offer loans to property investors. Santander was poised to start lending last month, but has held back blaming technology problems. The bank had approached mortgage brokers with a 75 per cent loan-to-value deal for landlords with small portfolios of […]

Glen Ackroyd photo

A Tenant Increased the Value of my Property by £10,000!

7th October 2011

In May of this year, Property118.com published my article entitled “How to get your property portfolio off death row”. I explained how having realised how vulnerable I was to base rate increases, I took action to dramatically improve the returns on my portfolio. Part of my strategy was “Rent to Buy”. Several people have asked […]

Each to their Own – Don’t Shoot the Messenger #5

7th October 2011

When a tenant has a beef with their landlord, I’m the guy they go to. My job is to either negotiate or prosecute, depending on the circumstances. This occasional and random series aims to let landlords know the common complaints that are made about them, the laws that cover them and how to deal with […]

House Prices Going Nowhere this Year, Says the Halifax

6th October 2011

House prices are unlikely to change for the rest of the year, according to one of the UK’s largest mortgage lenders. The housing market has stuttered along for most of the year, with insignificant rises and falls as prospective buyers turned to renting due to problems raising large cash deposits and mortgages. A general lack […]

Bank of England emblem symbolising decision to hold the Base Rate at 5%

Bank Gives £75 Billion Boost to Flatlining Economy

6th October 2011

Interest rates are to stick at 0.5% for another month as the Bank of England tries to revive the flatlining economy with another £75 billion of quantitive easing. The decision by the bank’s monetary policy committee leaves the official interest rate at the record low level for 31 months in a row. Effectively, triggering a […]

New Move to Combat Buy to Let Fraudsters

6th October 2011

Buy to let lenders are making deals tougher for property investors who try and purchase off-plan or at below market value. In the latest move to fight mortgage fraud, banks and building societies want builders to tell them about any price incentives that affect the value of the property. Builders and developers must supply the […]

Buy to Let Mortgage Row Takes Another Turn in Europe

6th October 2011

Rows over the future of buy to let lending are raging on as the European Union debates ways to safeguard consumers from unfair lending practices. European politicians are formulating a mortgage directive to standardise lending rules across the 27 member states, but buy to let lenders in the UK are protesting the new constraints are […]

Property118 Landlords eNewsletter – Issue 65

5th October 2011

This week we have added a new video section to our weekly eNewsletters which provides insight into the landlord mind set of our founder Mark Alexander. These videos are free to watch and are typically two to eight minutes in length. Please pose questions and comments for Mark to follow up in future videos and […]

Students Becoming Landlords

5th October 2011

University Students Becoming Landlords With the rising costs of university education some families of students are choosing to help their offspring through University and onto the property ladder. Property values are depressed, rental returns are high and interest rates for borrowing are at an all time low. This is a wonderful opportunity to create profits […]