Page 914 – Property118

Scottish Market Returning to 2009

7th September 2011

The Scottish housing market is still on the slide as house prices have dropped on last years figures but back down to 2009 levels. The research by Dunfermline-based ESPC found the average house price in Edinburgh for the past three months is 3.6% down on the same period last year. In Edinburgh’s suburbs, three bedroom […]

Landlords Look to Families for the Future

7th September 2011

Landlords are becoming more family orientated and buying bigger homes to rent, according to a buy to let mortgage lender. Paragon Mortgages research highlights that landlords buying investment property this quarter are keener on larger homes. Around four out of 10 are looking to invest in semi-detached houses and a fifth are looking to buy […]

Minister Backs SafeAgent Scheme for Landlords

7th September 2011

Housing Minister Grant Shapps has urged letting agents to join a new money protection scheme for landlords and tenants. Timing his support with the public launch of SafeAgent, the move is seen as massive support for the fight against rogue letting agents and a snub for the established Association of Residential Letting Agents (ARLA). SafeAgent […]

Grant Shapps

Government Undermines Our Work, Claims ARLA

6th September 2011

Letting agents have turned up the heat on the government to regulate the private rental sector another notch. The spat is over who controls letting agents by managing accreditation.

Hidden Costs That Make Buy To Let So Expensive

6th September 2011

The cost of buying a rental home is set to rise again as banks and building societies tighten their grip on hidden fees New rules culling the number of property professionals that can act for buyers mean choice of lawyers and valuers is limited.

The Art of Wallpapering

5th September 2011

Whether you are wallpapering an entire room or just a feature wall, here are a few pointers. It is quite straightforward to calculate how much wallpaper is required. Measure the height of room, either from ceiling to skirting, or picture rail to skirting for full walls. Add on the pattern repeat. Now measure right round […]

Buy to Let Insurance Basics

5th September 2011

Inexperienced landlords can quickly find themselves out of pocket if they fail to protect their property with specialist buy to let insurance. Rental property must have the right protection as insurers will refuse to settle a claim if standard homes cover is in place. Landlord insurance is like any other cover – the features, benefits […]

Rich List Builder Fined for ‘Death Trap’ Student Halls

5th September 2011

Builders who took safety shortcuts in a purpose-built private student hall of residence were ordered to pay more than £14,000 in fines and costs in court. Cost Design Ltd and UK Real Estate Ltd – part of developers MCR Group – admitted breaching building regulations before Manchester Magistrates Court concerning the development in Grafton Street, […]

Marketing UK Property Events & Increasing Attendee Numbers

4th September 2011

Over 300,000 people and businesses you want to promote your event to receive our eNewsletters every week. Having organised, promoted and presented several highly successful property events I’ve written this article for all those organisers of property workshops, training courses and networking events that take place throughout the UK every month. I know how much […]

Mark Alexander, founder of Property118.com

Property Auction Due Diligence & How Much To Bid

4th September 2011

I have purchased some of my best property deals at auctions but it is not for the faint hearted. When buying at an auction these are the major considerations: Why wasn’t the property sold by an estate agent? They are usually marketed by an estate agent before they get to auction! Is there a problem […]

Mark Alexander, founder of Property118.com

Review of Buy To Let Investors Workshop by Landlord Action

3rd September 2011

Yesterday (Friday 2nd September 2011) I attended a buy to let investors workshop at the Holiday Inn Kensington, London which was organised by Paul Shamplina of Landlord Action. I had been invited as a special guest of Paul Shamplina, the founder of Landlord Action to review the event and provide constructive feedback. Landlord Action is […]

Twitter For Property Professionals – A Thumbnail Guide

2nd September 2011

Twitter may be a toddler in terms of age, but when it comes to purpose the microblogging site has managed to become the most useful utility for keeping up with news and hot topics as they happen. It is huge. And growing incredibly fast. This seemingly frivolous social networking site has become one of the […]

Students Don’t Mind the Quality but Opt for the Bandwidth

1st September 2011

Students rate good internet access as their top priority when looking for a home. A good online experience is better than value-for-money accommodation or a digs in a nice location. Nine out of 10 opted for broadband as the number one concern in a survey of more than 15,000 students at universities and colleges across […]

Financial Woes Stop 3 Million from Moving Home

1st September 2011

Three million homeowners are staying put rather than moving home over concerns about jobs, money and mortgages. A lack of confidence in the economy is undermining the housing market, a new survey in advance of the RESI 2011 conference later this month has found. RESI 2011 is a networking event for house builders, social housing […]

Top 10 Places in the UK for Renting a Home

31st August 2011

Renters are outnumbering home buyers by two to one as buy to let relentlessly moves in to gear as the household of choice, according to a new study. Nine of the top 10 areas for renting are in the south, with Gwent, South Wales, creeping in to the places at eighth position. The most popular […]

Buy to Let Supply Dries Up as Demand Increases

31st August 2011

The availability of homes to rent is drying up as tenant demand continues to outstrip supply, according to letting agents. Strong demand from frustrated would-be buyers is the key driver behind the rush for lettings, said the Royal Institution of Chartered Surveyors (RICS), as many prospective tenants are struggling to find a mortgage or raise […]

Property118 Landlords eNewsletter – Issue 60

31st August 2011

There’s not much to report about our Directory this week, safe to say that we are now four weeks into Beta testing and have nearly 500 businesses involved in the tests. The expansion of the Directory is revealing some interesting challenges in terms of search speed and categorization which we are hoping to resolve during […]

Neil’s favourite You Tube video of the week

31st August 2011

This video has been very popular among certain demographics of the population. A must for any one that has a sniffle…… ….. I am hoping I don’t get anything this serious!

Homes ‘Crisis’ Will See Soaring Rents and House Prices

30th August 2011

Home ownership is set to tumble back to levels last seen 30 years ago as house prices and rents are set to surge upwards, according to a new study. Buy to let is expected to rise to almost one in four homes over the next decade. The drivers of change are strict mortgage lending criteria, […]

Mortgage Lenders and HMRC Team up to Fight Fraud

30th August 2011

Mortgage lenders and the tax man are teaming up to beat fraudsters by checking income claims against tax returns and payroll records. Banks and building societies can now ask HM Revenue and Customs (HMRC) to verify a borrower’s income by cross-checking loan applications with official income records. The new move is part of a growing […]

Biggest Mortgage Lenders Dominate 81% of the Market

26th August 2011

The Big Six mortgage lenders account for 81.5% of all buy to let and home buyer mortgages in the UK, according to figures from the Council of Mortgage Lenders. The Big Six advanced £110.8 billion in 2010, while the 27 remaining lenders advanced £23.5 billion – an indication of the gulf between the major and […]