With bank and building society interest rates remaining at rock bottom, many savers are looking for a better home for their money. It’s never an easy task, but the problem has been thrown into even sharper perspective by the prolonged economic downturn. The performance of the stock markets continues to be erratic and uncertain. Pension […]
Read MoreThere are moves to make councils release details of all vacant properties and experts say this could lead to a rise in the number of squatters in the UK. In a recent case, Camden Council was forced to disclose a list of 530 empty council managed and private homes under the Freedom of Information Act. […]
Read MoreYes, it seems landlords think so. A wave of optimism is sweeping across the lettings industry with landlord optimism at its highest for four years, according to the latest figures. In a recent survey, 65 per cent of landlords surveyed described their own lettings business’ prospects as ’good’ or ‘very good’. Landlords are still experiencing […]
Read MoreThe recent case in the paper of a landlord who had his property wrecked by a bad tenant shows the importance of landlords insurance and the handling evictions properly. The landlord, named only as Dave, has criticised the council for rehousing a drug addicted tenant after she caused nearly £4,000 worth of damage to his […]
Read MoreLots of people are choosing to rent out their homes, rather than sell them and with rental costs on the up, it’s easy to see why. However, if you plan to do this you must get the right Mortgages and Finance in place. Some mortgage lenders may simply grant you consent to let and you’ll […]
Read MoreRecent reports by the Association of Residential Letting agents (ARLA) indicate a surge in the number of properties snapped up by landlords in the past year. ‘Good news!’ we cry at Legal 4 Landlords. With demand still far outstripping supply, it makes sense to invest in property at the moment. Rents are going up and […]
Read MoreLatest Landlord News by: Madalena Penny Rents increased again in April, according to latest data captured by LSL property services. In their most recent Buy-to-Let Index, LSL recorded a 0.8% rents rise across average rents in England & Wales, a rise averaging out at £692 per month for a typical property. As you would expect, […]
Read MoreLatest Landlord News by: Madalena Penny 10 skips, mattress’s and an old sofa was still not enough for one private landlord to barricade in tenants and deter them from leaving a plush £1million rented property. For someone who has written for the private rented sector for some years, there is something very odd about that […]
Read MoreLatest Landlord News by: Madalena Penny Will landlords reduce the number of tenancies offered to housing benefit claimants? An alliance of private rented sector, property and charity bodies are to take on the DWP over direct housing benefit payment policy, due to be introduced in 2013. Under the new proposed Universal Credit system, benefits […]
Read MoreLatest Landlord News by: Madalena Penny Ask any letting agent and it’s the same story…..they need more private landlords with decent, available accommodation to let. Since the great property famine descended upon the UK and house prices bombed and sales became stagnant, estate agents focused through necessity on lettings in the wake of restricted mortgages […]
Read MoreLatest Landlord News by: Madalena Penny Local authorities across the UK are stepping up campaigns to overhaul properties rented out by private landlords. Last week, housing enforcement staff at Derby City Council announced they had been called in to inspect up to 700 homes in the borough in the last 12 months due to […]
Read MoreLatest Landlord News by: Madalena Penny Love it or loathe it, as residential rental property increases in value across London and a divide between north and south widens, the same trends appear to befalling Scottish regions. Extensive research by ‘Citylets’ shows like for like tenant-demand and are riding high with property hotspots, mainly in Aberdeen […]
Read MoreLatest Landlord News by: Madalena Penny The current lack of available housing stock resulting in demand for rental accommodation has paved the way for the return of the reluctant landlord along with new investors looking for long-term growth in the BTL sector as opposed to investing into pension schemes. The most widely offered tenancy, the […]
Read MoreLatest Landlord News by: Madalena Penny The severe shortage of available housing stock in both the social and private sectors has prompted yet another council to dip their toe into private rented sector property management. Doncaster ALMO (Arms Length Management Organisation) St. Leger Homes has announced they are establishing a private landlord register. As a […]
Read MoreLatest Landlord News by: Madalena Penny Further evidence this month indicates that tenant-demand is picking up momentum for landlords and letting agents. Paragon’s data captured through their recent landlord survey reveals rental voids have fallen yet again. Making Q1 of 2011 the lowest point for empty properties in the private rented sector since the 1st […]
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