Page 934 – Property118

Buy to Let Q&A Sessions

17th October 2011

Join UK landlords and associated businesses by posing your questions which will be featured in future blogs and video’s on YouTube and Property118.com. Please allow me to explain further ….

To Be a Rogue – Don’t Shoot the Messenger #7

17th 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 […]

Putting Rental Homes on the Map for Commuters

14th October 2011

Maps that show commuting times to a destination postcode are a great aid for landlords who want to highlight public transport links near their properties. Students and universities are big users of the new mapping service that works out bus and train travel times. Landlords can use the maps to show prospective tenants just how […]

North-South Divide Flips the Other Way for House Sales

14th October 2011

The North may be lighting up the house sale statistics, but the number of homes changing hands is still down by almost half in the past 10 years. Bury leads the way with a massive 44% surge in sales in the first six months of 2011, compared with the same time last year.

Average Rent Down For Second Month in a Row

14th October 2011

The latest Homelet index found average rent prices dropped last month, only the second time it’s dropped in successive months this year. Across the country prices fluctuated, some regions saw big price drops while the regions where prices rose only did so slightly, accounting for the drop. East Anglia saw the biggest drop, dropping back […]

Judge Kicks Out Housing Benefit Legal Challenge

14th October 2011

Judges have deemed new government rules to cap housing benefit and rental home sizes do not discriminate against poor families. The Child Poverty Action group launched a legal challenge against the shake-up of housing benefit rules as part of the government’s universal credit policy. As part of the welfare review, the government changed housing benefit […]

Families Pay Too Much Rent, Warns Housing Charity

14th October 2011

Buy to let rents are too high and are locking poorer working families out of finding homes to rent, warns a housing charity. Rent amounts to a third or more of take home pay in more than half of towns and cities across the country, says Shelter. The result is almost four out of 10 […]

Licence First – Don’t Shoot the Messenger #6

12th 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 […]

HMO Landlord Pays £12,000 for Ignoring Fire Safety

12th October 2011

A landlord was fined £12,000 for failing to provide a fire alarm and electricity supply in a shared house he let to tenants. Sikander Hayat admitted seven safety offences in breach of house in multiple occupation regulations at Banbury Magistrates Court. In addition to the fines, he was ordered to pay £300 costs. Councillor Debbie […]

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 […]