Latest Landlord News by: Madalena Penny A recent report by insurers, Aviva has revealed that landlords are still falling prey to cannabis farms and cultivators. Statistics now claim that properties being used as drug farms have reached an all time high. The insurers claim that a growing increase in claims due to damage is now […]
Read MoreLatest Landlord News by: Madalena Penny. Landlords may well ask themselves where they can find the perfect tenant. If there is a factory creating clones of the perfect tenant – tenants who always pay the rent, sort out building, electrical and plumbing problems themselves, never ask for anything, are respectful, in gainful employment and treat their homes […]
Read MoreBelow are the estimates based on the new weekly rates of housing benefit by each local authority. Named by the government as the 30th Shadow percentile they are a benchmark for the new lower rate of LHA to be introduced this April for new tenancies. The 30th percentile rule will affect existing tenancies in January […]
Read MoreLatest landlord News by: Madalena Penny. Landlords raising rents without taking due care of legislation are not working within the bounds of the Housing Act 1988, warned letting specialists, ‘Legal 4 Landlords’. With the current surge in tenant-demand and rental market values rising phenomenally, landlords are increasing rents and in some cases in an unethical […]
Read MoreLatest landlord News by: Madalena Penny. The private rented sector has been cited as the industry, which generates the most complaints, according to a report published last week by a consumer watchdog. Consumer Focus conducted online research involving a sample of 2,000 people in January 2011, revealing that just over a quarter of renters had […]
Read MoreLatest landlord News by: Madalena Penny. CPAG, the Child Property Action Group has attacked housing benefit caps introduced by the welfare reform bill. Stating that the cuts will result in thousands of families and 20,000 children being driven out of the capital once welfare legislation is applied. Classed by the group as an exercise in […]
Read MoreLatest Landlord News by: Madalena Penny. Research surrounding this year’s Buy-to-Let industry is painting a positive picture of late. With a further ten lenders entering the sector since the beginning of 2010, there seems to be a progressive movement indicative of the increase of the private rented sector in general. Results from research conducted by […]
Read MoreLatest Landlord News by: Madalena Penny. Eviction and Tenancy Rights teams at Legal for Landlords have received some larger than usual enquiries of late pertaining to rented houses used for brothels and massage parlours. Thankfully not from landlords looking to set-up their own in-house businesses but rather suspicions that their properties are indeed being […]
Read MoreLatest Landlord News by: Madalena Penny Tenants thinking they can lower the rent as they wish has been cited as one of the reasons landlords gave for feeling less confident in the rental market, according to UPAD’s monthly Confidence Survey. The prospect of interest rate rises has also sparked concerns as landlords have expressed that […]
Read MoreLatest Landlord News by: Madalena Penny It was only a matter of time until Internet fraudsters jumped on tenant-demand to relieve the public from their money. In a new spate of specific online scams, fraudsters are cloning and establishing property and letting sites offering prime property to tenants then stealing deposits. The new scam, which […]
Read MoreLatest Landlord News by: Madalena Penny Not submitting the correct paperwork to a court can be a costly and frustrating experience for any landlord or homeowner, as one man this week realised when he tried to evict a gang of squatters from his Islington house. John Hamilton-Brown attended court to obtain an ‘interim possession order’ […]
Read MoreLatest Landlord News by: Madalena Penny Earlier this year, insightful researchers at landlord network, ‘Legal 4 Landlords’ predicted that the government would use LHA direct payment policy as a bartering tool to lever pressure on landlords in a bid to reduce the rents for housing benefit claimants. As forecast, earlier this month in a press […]
Read MoreLatest landlord News by: Madalena Penny 2011 is yet to see the entire role, which will be placed on the private rented sector. A report by the National Housing Federation, who represents national Housing Associations, shows a bleak picture of social housing and affordable home-ownership. The ‘Home Truths 2010’ report has revealed that house-building levels […]
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Latest Landlord News by: Madalena Penny Rogue landlords are thankfully few and far between, however there are still some that operate, tarnishing the reputations of the majority. This week, researchers at Legal 4 Landlords were alerted on the unethical principle of ‘vocal rent increases’ that has been placed on tenants, especially those receiving LHA payments. […]
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Latest Landlord News…. With the expansion of the private rental sector gathering pace by the day, landlords and property investors are demanding more variety in the mortgage products offered by the banks. It seems that 2011 may be the year that those demands are met and we see a buy-to-let revival. Before the recent recession, […]
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