Latest 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 […]
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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, […]
Read MoreLatest Landlord News by: Madalena Penny Bridging the gap between Social and Private Landlords, Harrow council has established a letting agency to address the lack of available housing within the social sector by teaming up tenants with responsible landlords. The Help2Let letting agency facilitates landlord Accreditation Training, assists in providing free Energy Performance Certificates and […]
Read MoreLatest Landlord News by: Madalena Penny Landlords are still not acting fast enough when it comes to unpaid rent, experts warned. Landlord and lettings specialists, Legal 4 Landlords, advise that both private and social sector landlords respond quickly to rent arrears. Rent arrears and lengthy court hearings have been cited as the main reason possession […]
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Growing Number of People Expect Lifelong Renting Latest Landlord News by: Madalena Penny A recent piece of research by website, MyVoucherCards revealed 58% of people they surveyed do not think they will ever own a property. Just under 67% of this group believed they would never be able to afford the 25% deposit and 77% […]
Read MoreLatest Landlord News by: Madalena Penny A tenant was sentenced to 15 months imprisonment last week for fraudulently selling his landlords properties. Conman, Trevor Jones posed as his landlord. Keith Ferguson, The 60-year-old tenant then signed transfer deeds in his landlord’s name then used Mr. Ferguson’s driving license to obtain the funds raised through the […]
Read MoreLatest Landlord News by: Madalena Penny Increase in LHA Tenants With 2.5 million people currently unemployed and the figure expected to rise through the year due to public spending cuts, for landlords it’s relatively likely that they can also expect a rise in the number of tenants in receipt of housing benefit. The Chartered Institute […]
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Latest landlord News By: Madalena Penny Rent-savvy landlords are picking up on the markets demand for rented accommodation it appears. Not by increasing rents as you would expect but by capitalizing on tenant-demand by securing reliable and constant tenants and offering them longer tenancies for a reduced rent. Indicators by landlord experts, Legal 4 Landlords […]
Read MoreLatest Landlords News By: Madalena Penny Rent arrears soared in December by a further 2% up on November, increasing the national figure to 11.7%, according to research by LSL. The increase has been blamed on housing benefit being paid direct to the tenant and in a number of cases it has not been passed […]
Read MoreConflicting Reports Cloud the Future of Homeownership Latest Landlord News by: Madalena Penny Half way through the first month of the year and the nations’ obsession with property is still dominating the news. Conflicting data and statistics still continues to flood the press reporting negative and positive threads surrounding the home-ownership issue, property prices and […]
Read MoreGovernment Budget Measures Begin to Hit Tenants Latest Landlord News by: Madalena Penny ‘In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.’ Friedrich Nietzsche The budget and spending review by the coalition government last year is now beginning to have an impact on both social and private sector […]
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Interest Rate Fears Trigger Anxiety Among Landlords Latest Landlord News by: Madalena Penny A lot has been reported on increasing interest rates this week resulting in further anxiety and sleepless nights for landlords and property investors. Fragile Economy Heightens Sensitivity to Rate Changes In such a fragile economy, any rise on the base rate at […]
Read MoreLatest Landlord News by: Madalena Penny Housing Minister, Grant Shapps revealed plans yesterday for new measures and support for landlords to evict ant-social tenants. The ‘Fast-Track’ LegalforLandlords eviction services will speed up the lengthy waiting times currently applied to evictions in England. Under the new measures, tenants could be served with an eviction notice on […]
Read MoreLatest Landlord News by: Madalena Penny Despite warnings, landlords are still leaving themselves vulnerable to criminal activities undertaken in their properties. Last summer, we publicised a warning to landlords and letting agents concerning the rise in cannabis cultivation in rented properties adopted by drugs gangs, after LegalforLandlords met with Merseyside’s Matrix Unit. The spiralling increase […]
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