Letting agents have been warned that they must offer landlords clear and fair contracts or face action from government consumer champion the Office of Fair Trading. The OFT is concerned that some letting agents are not abiding by a High Court ruling that found tenancy renewal terms in contracts between London letting agency Foxtons and […]

Prior to the introduction of the TDPS in 2007 a landlord could choose not to prepare an inventory for his property (and most did choose not to) or, alternatively, the inventory prepared was extremely basic. However, if a landlord now wishes to protect his property, he absolutely must ensure that a complete and thorough inventory […]

The sale of a £2.7 million property portfolio for just £3 by a council to a property development company is under investigation. Blackpool Council leader Simon Blackburn has pledged to go public with the results of an independent scrutiny of the deal. The council put the portfolio together by buying up failing hotels and bed-and-breakfasts […]

Buy to let mortgage availability is seemingly not improving despite the best efforts of property professionals to talk up the market. The latest insight comes from mortgage brokers – with half reporting no change in business with landlords during the three months ending May 31, while the other half said business was up.

Google has quietly launched a trial run of a mortgage comparison site that includes buy to let mortgages. Links to the site appear at the top of the search results page triggered by mortgage related keywords. Only a few lenders are listed – Woolwich, ING Direct, Lloyds TSB, NatWest and Royal Bank of Scotland. Around […]

I’d very much like to get your views on what’s been good about the credit crunch and what’s not been so good for buy to let landlords.

Rental arrears decreased for the second month in a row, according to LSL Property Services latest buy to let index. The figure now stands at £257million, down 18% on May’s figure of £315m. This was a result of 9.3% of rent being paid late or missed in June instead of the 11.5% recorded the month […]

Electrical wiring in a shared house was so dangerous the property was a firebomb waiting to go off, a court heard. Faulty wiring was overheating and could have ignited at any time – but the house in multiple occupation (HMO) had fire safety precautions in place.

Police, landlords and letting agents are in the front line of the fight against drugs in towns and cities across the UK. Cannabis factories are a real problem in residential and commercial rental properties with a dozen or so raids a day on suspected growers. To highlight the problem, here is a snapshot of cannabis […]

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 […]

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 […]

A mortgage adviser who stole buy to let landlord’s identities to con lenders out of £3 million has started a five year jail term.

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 […]

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.

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 […]

From today The Mortgage Works has announced three new Buy to let products, but have also tempered this news with confirmed criteria withdrawals affecting Portfolio and Corporate Landlords.

The number of homes going under the hammer at auctions across the UK are have soared by 30% in a year. Investors and home buyers are picking up properties at bargain basement prices, according to the latest figures for May.

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 […]

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. […]

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 […]

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.