There could be big changes in store for the UK private rental sector should there be an exodus of inexperienced or accidental landlords from the market. The rental market in the UK could be significantly impacted in the event of a mass departure of inexperienced and accidental landlords from the sector. This is the suggestion […]
Read MoreDespite campaigns from all quarters of the media and industry bodies, the number of empty homes in the UK increased significantly in 2011, new research has shown. Data from the Communities and Local Government department, (CLG),the Office for National Statistics, (ONS), and Halifax’s own housing statistics database, the study revealed a 1.8% rise in empty […]
Read More(These are 100% Genuine and are taken from actual letters and comments on forms). • I want repairs done to my cooker as it has backfired and burnt my knob off. • I wish to complain that my father hurt his ankle very badly when he put his foot in the hole in his back […]
Read MoreLandlords often have to chase tenants for the rent, often payments are missed due to extraordinary circumstances, Here are some of the best Tenant Excuses For Not Paying The Rent • “I can’t pay my rent as my BMW is in the shop, and I cannot afford to pay for both.” • “I can’t pay […]
Read MoreNew research from Shelter highlights the areas of the UK where people are most at risk of losing their homes. 111 households is at risk of eviction by either a landlord or mortgage lender, with those living in London most at risk, followed by the residents of Manchester, Slough and Peterborough. Shelter’s study also reveals […]
Read MoreRents have fallen for the first time in 10 months as landlords look to keep homes occupied over Christmas, but rents in some parts of the UK have bucked the downward month-on-month trend. The typical residential property rent in England and Wales dropped by 0.4% to £717 a month in November, the first month-on-month fall […]
Read MoreIf you are a seasoned landlord or are just starting out in buy-to-let, you need to understand the importance of carrying out background checks on potential tenants. Right now it’s a landlord’s market with more people choosing to rent so UK landlords can afford to be a little more choosy. The National Landlords Association (NLA) […]
Read MorePrivate Sector Rental prices and rental yields increased in the three months up to October 2011, according to new research from the Royal Institution of Chartered Surveyors (RICS). The survey found that the number of UK property agents who reported higher rents had risen by 19% in the 3 month period. 15% more also said […]
Read MoreIf you are a Landlord who lets a property in the UK, then you run the risk of rent default by your tenant. Even the best checks and references cannot predict a tenant falling on hard times and not being able to pay their rent. Could you as a landlord cover your expenditure if this […]
Read MoreA major new report out today is urgently calling on the Government to regulate residential Letting Agents to the same standards as Estate Agents and reckons that UK tenants are being ripped off by cowboy agents in the booming PRS rental market. The Resolution Foundation, an independent think tank which focuses on lower income groups, […]
Read MoreA seasonal reminder to landlords and letting agents that Bailiff Amnesty’s will begin around 12th December 2011 to the 9th January 2011. Please check your local County Court for more details. The amnesty, which is not widely publicised, is implemented due to local authority offices, solicitors, courts and housing welfare organisations festive holiday closures. Unfortunately […]
Read MoreA new study claims UK Landlords should seek debt advice in order to avoid evictions. The report by the Financial Inclusion Centre, commissioned by the Hyde Group, found that UK landlords could save more than £50 Million in debt-related eviction costs through early intervention. Researchers found that, on average, landlords made a net return of […]
Read MoreAll UK Private Rented Sector landlords need to ensure that their rental properties are correctly and adequately insured. Some Buy To Let and Landlord insurance policies may require intricate details regarding the property and its occupants including the tenants employment status or even the disclosure of criminal convictions. This disclosure requirement doesn’t just apply to […]
Read MoreWhen bad tenants face eviction for excessive rent arrears, they often think they can move out without ever paying the landlord their due rent. This is not the case! Many UK landlords may not be aware but they are still entitled to claim any rent arrears owed to them by evicted tenants for up to […]
Read MoreFigures released this week by a UK property association, have shown the average length of a tenancy in the UK private rented sector (PRS) has increased to around 19 months. The vast number of people now renting in England has increased by a dramatic 56% since 2004, which now accounts for over 20% of all […]
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