Page 919 – Property118

Strategies for coping with property pressure

14th July 2011

We love to keep things topical and relevant on Property Tribes, so to celebrate the recent Wimbledon Championships, I posted a new discussion topic:  Lessons from Nadal : The winner’s mindset in property as I believe there is much we can learn from seeing the attitude and attributes of successful people, no matter what their […]

Cheryl Cole is the Nation’s top room-mate

14th July 2011

If you’re thinking of your ideal celebrity tenant, would you think practically and pick a chef, handyman, cleaner or interior designer? Apparently not, Cheryl Cole topped the poll of 1000 tenants questioned by The DPS. She took 8% of the votes helping Singers and Bands to take an overall 29% of the voting. The closest […]

Notification Overload Problem Resolved

14th July 2011

Yesterday evening we ran a promotional campaign regarding our soon to be launched Business Directory for firms offering services to buy to let landlords, property developers and property investors. We were overwhelmed with the number of volunteers offering to test the registration process, which we are obviously delighted with. However, we didn’t account for the […]

Buy to let market swamped by tenants

14th July 2011

The buy to let market is saturated with tenants and the small remaining supply of private rented homes will soon dry up, according to a survey of letting agents. The Association of Residential Letting Agents claims a lack of homes for rent is outstripped by demand.

Major accolade for Property118.com (Press Release)

13th July 2011

NewsNow to feature Property118 News Not only is Property118.com one of the fastest growing Property web-sites in the UK this year, today NewsNow adopted the web-site as one of their key Property News Publishers. Mark Alexander, founder of Property118.com said “Our News articles are a key component of gaining the required attention from the Private […]

House prices stuck in a rut for up to 10 years

13th July 2011

House prices are stuck in a rut and are unlikely to recover to anywhere near pre-credit crunch prices any time soon – and perhaps not for a decade, according to new research. Accountancy firm PricewaterhouseCoopers predicts prices will still languish 12% below the highs of 2007 in 2015 and reckons the chances of them rising […]

How To Furnish Student Let

12th July 2011

It’s that time of the year when thoughts turn to student accommodation. Whilst most campuses offer a range of self contained rooms, some parents see this as an opportunity to invest in a house or flat for their children and friends to share and reduce their own child’s living costs. There are a few basics. […]

Testimonials

The Importance of Testimonials (promotional article)

12th July 2011

If you owned a hotel you would want to have lots of excellent reviews on Trip Advisor wouldn’t you? That’s probably because you know that most people these days, possibly even you, don’t completely trust what business owners and holiday companies print in their brochures and advertise on their web-sites. So why would your potential new clients […]

House with a key

Mortgage Trust launches new Buy to let product range

12th July 2011

In a press release today Mortgage Trust launched its new Buy to let product range with a quote from John Heron, Mortgage Trust Managing Director, saying: “Mortgage Trust returned to lending in April and we have secured a strong position back in the buy-to-let market in this short space of time.

Mortgage lending – the truth behind the statistics

12th July 2011

The number of home loans increased in May, according to the latest figures from the Council of Mortgage Lenders (CML). Despite the headline attached to the figures by the CML press office, actual lending year-on-year is down as is the amount home owners borrowed.

Parking spaces cost more than many homes in London

12th July 2011

Car parking spaces in plush Knightsbridge are selling for more than the average price of a house in the rest of the UK. The underground spaces, measuring 19 feet by 8 feet regularly make more than the Land registry average for a home of £161,823, according to top people’s estate agent W A Ellis.

Backpack firm offers £10,000 fee to property sourcers

8th July 2011

Property investors who can source backpacking youth hostels for a franchise holiday firm can pick up a £10,000 finders fee. Journeys specialises in budget accommodation for backpackers and runs six hostels in London, Brighton and Kent. The firm wants to open more hostels across the UK and is seeking properties of 10 bedrooms or more […]

London rents soar to double the UK average

8th July 2011

London landlords are picking up rents that are double the average for the rest of the country. The capital is streets ahead of the rest in terms of rental costs – with average rents of £1,372 per month compared with an average £688 elsewhere.

What Property Investors Have to Tell the Tax Man

7th July 2011

Many property investors fail to tell the tax man about their property businesses and face mounting fines and penalties. Property investors run two types of business – renting and trading property. Each one has separate and specific tax rules. A property rental business covers buy to let, houses in multiple occupation and holiday lets.

Rogue letting agent closes owing clients up to £500,000

7th July 2011

Police are seeking a letting agent who has disappeared owing landlords and tenants hundreds of thousands in rents and deposits. Hothomes UK, based in Plymouth, is believed to manage around 2,000 rented homes and losses could mount up to £500,000 or more. One landlord claims he is owed £4,630 in rents collected but not paid […]

Amnesty For Tenancy Cheats

7th July 2011

Illegal sub-letters have been given until July by A2Dominion Housing Group to hand over their keys in an amnesty announced today. The ‘tenancy cheats’ have been compounding the problem that has been denying families who need homes the chance to move into an appropriate property. Those who don’t comply by the end of the amnesty […]

Students are the most profitable tenants

7th July 2011

Landlords seeking high yields need to focus their property businesses on students and young professionals. Students are clear leaders in the yield table – generating 6.45% a year – with young professionals following close behind at 6.22%, according to Paragon Mortgages research.

Do estate agents really know the price of a house?

7th July 2011

How a house is really valued is the subject of a seemingly never ending debate raging between economists, estate agents, surveyors and property professionals. The final figure is not that important to anyone other than a property investor or buy to let landlord looking to buy, sell or remortgage.