Page 936 – Property118

Growth of the Private Rented Sector. Landlords Log part 3.

30th September 2011

Focus on weeding out rogue landlords is not the way forward for the PRS. Regulation increases costs and fails to encourage growth. We must focus on the longer term objective to resolve the problems. People live in poor conditions due to lack of supply in the private rental sector. The requirement for a strong PRS […]

Green grassed house

Landlords Not Switched on to Energy Efficiency

29th September 2011

More than a third (35%) of buy to let landlords don’t know or don’t care that their rental homes fail to meet minimum energy performance standards. Around another 17% of landlords suspect their letting properties would not meet the basic standards expected by the government’s new Green Deal. From 2018, buy to let homes that […]

Rent Arrear Calls up 84%, Claims Debt Charity

29th September 2011

Tenants who cannot afford to pay their rents are overwhelming helplines with SOS calls. The number of tenants in rent arrears has almost doubled since the start of the credit crunch according to debt advice charity National Debtline. The charity reckons calls from tenants with financial problems has soared by 84% since the start of […]

Rogue Landlords? Pah!!! Landlords Log part 2.

29th September 2011

Fight back against the anti landlord campaigns being peddled by housing charity Shelter. Let’s apply some Vulcan logic to the debate. Watch this video and then set phasers to stun. We come in peace! Live long and prosper.

Landlords Daily Video Blog Introduction

29th September 2011

Today is a new beginning, today I am launching my daily video blog about being a private rented sector landlord. I will be sharing my story here on Property118.com and via social media including You Tube, Twitter, Facebook, LinkedIn, Property Tribes and hopefully several other social media platform that will grab the You Tube embed […]

Phone on fire

Finance firms named and shamed for poor customer service

28th September 2011

The worst banks and financial services firms picked up 1.1 million customer complaints in the first six months of the year. The figures come from name and shame data published by the Financial Services Authority (FSA). Bottom of the list come the high street banks, courtesy of the payment protection insurance debacle that has led […]

Spoil-sport Councils Threaten Landlords with Olympic Fines

28th September 2011

Landlords and homeowners hoping to cash in on the London Olympics by renting to sports fans could be breaking the law and face fines of up to £20,000. While landlords in some neighbourhoods can take in guests on short-term lets, those in adjoining areas can only watch in envy as the capital’s 33 councils apply […]

Put Down Your Particulars – Don’t Shoot the Messenger! #3

28th September 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 […]

Property118 Landlords Newsletter – Issue 64

28th September 2011

Catch up on all of this week’s latest property and landlord related news. The second installment from Ben Reeve-Lewis, ‘Don’t shoot the Messenger’looks at HMO management and there’s an introduction to the LandlordSOS event in Keele.

Buying is Cheaper than Renting in 90% of Towns

27th September 2011

The falling cost of buying a home over the past 12 months coupled with demand pushing up the cost of renting has made buying cheaper than letting in 45 of 50 major cities, according to Zoopla. Providing buyers can raise a deposit and mortgage, it is on average 13% cheaper than renting a similar property. […]

Terraced homes bank £118 a week for owners

27th September 2011

“Terraced houses are more profitable than other houses” Property investors with terraced houses have banked £118 per week as prices have outpaced all other type of home over the past 10 years. The value of terraced houses has increased by around two-thirds (68.4%) between 2001 and 2011, according to a study by the Halifax, compared […]

Tenants Destined for a Life of Rent

27th September 2011

Around 85% of first time buyers are worried they will never buy a home – and blame buy to let landlords for a lot of their problems. They feel landlords are blocking their way on to the property ladder by snapping up affordable homes to add to their rental portfolios. The would-be buyers are also […]

New Tracker Lender for Buy to Let

27th September 2011

A new buy to let mortgage lender is about to enter the market with broker-only deals. The State Bank of India (SBI) has announced preparations to offer a 60% loan-to-value (LTV) tracker at 3.9%. The first applications will be handled in branches and then opened to brokers and independent financial advisers. The bank is accepting […]

Empty Homes Could Empty Your Pockets

26th September 2011

Property investors who let homes stand empty for two years could pay more tax under plans to bring more homes into use. Thousands of homes are empty across the country awaiting repair or development, often tied up in planning rows. Now the government is suggesting the owners should pay extra council tax to encourage them […]

Buy to Let Hits 15

24th September 2011

Buy to let is growing up fast, the industry celebrates its 15th birthday today (September 24, 2011). Buy to let was officially born on September 24, 1996, at a meeting in London attended by the proud parents – the Association of Residential Letting Agents (ARLA), the Council of Mortgage Lenders and a number of mortgage […]

Hands on HMOs – Don’t Shoot the Messenger #2

23rd September 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 […]

Auction Sales Rise as Housing Market Falters

23rd September 2011

The number of homes changing ownership is to continuing to fall according to analysis by an auction sales monitor. Residential property transactions have steadily decreased against those in the corresponding quarter for almost a year. The Essential Information Group (EIG) took Land Registry figures for quarterly property transactions back to the third quarter of 2009 […]

Pet-Loving Tenants Dogged by Ban on Animals

23rd September 2011

Pets are a casualty of the buy to let boom as tenants are forced to make a choice between keeping their animals or losing their rented homes. Strict landlords are banning pets – and animal sanctuaries are reporting a rise in abandoned cats and dogs as a result. A study has revealed 17 per cent […]

Introducing LandlordSOS

22nd September 2011

Raising finance for property investment/development, dealing with the council and how to make money from buy to let are some of the biggest issues of being a landlord. To many it seems the ‘powers that be’ live in a different world from landlords who are trying to make a living from property. Until now that […]

Call for U-turn on Plan to Pay Rents to Tenants

21st September 2011

Major housing organisations in the private and social rental sectors have joined forces to fight the government proposals to pay housing benefits direct to tenants. The move affects the way millions of tenants are likely to pay their rents – especially the 20 per cent of tenants who have never had to budget for housing […]

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

Bank of England Agents’ Summary of Business Conditions September 2011

21st September 2011

The Bank of England has released their business summary for September. They say the market continues to be ‘subdued’ and first time buyers are still having trouble reaching the first rung of the ladder. They also believe the prospect of high rents has attracted more buy to let investors. You can read and download the […]