A landlord from Sheffield has been sentenced to 9 months in prison for taking the law into his own hands and forcefully removing a tenant from his rental property, instead of following legal procedures or appointing a qualified tenant eviction specialist. The landlord, Jay Allen, had not applied for a court order and had not […]
Read MoreLegal 4 Landlords Have A Business Opportunity To Offer… The UK‘s leading provider of specialist services to landlords and the letting industry -Legal 4 Landlords, are expanding their UK franchise network and are also seeking enquiries from international clients who want to discover how to offer world class products and services. Legal 4 Landlords already […]
Read MoreRenting Property Costs More Per Month Than Buying It! A study by mainstream mortgage lender the Halifax has revealed that renting a property now costs over £130 per month more than the monthly cost of buying a property. UK landlords are holding on to Buy-To-Let goldmines as not only can they command premium rental prices from tenants but they […]
Read MoreLandlords are being urged to reassess any insurance policies they may already have taken out, in order to avoid the possibility of underinsurance, after one poor unsuspecting landlord was left more than £100,000 (GBP) out of pocket. The landlord unfortunately suffered a fire in the block of flats he owned and submitted a claim for […]
Read MoreWith reports of rising rent defaults, many landlords want to protect against the loss of rent. Here we explain the benefits of rent guarantee insurance, as well as look at some of the small print. How it works In theory, rent guarantee insurance is a landlord’s proverbial best friend: if your tenant fails to pay […]
Read MoreWith UK University terms now started for the 2012/13 academic year we offer 5 great tips for new student tenants. 1.- Many landlords require a deposit for the rental of a property and may ask for the deposit and the first month’s rent. This can be quite a large sum of cash to […]
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Read MoreMost tenants are complete strangers, who as a landlord, you may meet once or twice before granting a tenancy agreement to or handing over the keys to the rental property. If using a good letting agent, the landlord may not even meet the tenant until after they have moved in. This leaves the landlord with […]
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Read MoreUK Buy-To-Let Landlord confidence has been boosted by continued strong tenant demand and falling property prices, according to the latest landlord survey conducted by LSL Property Services. • 48% of UK BTL landlords believe that now is a good time to invest in property • Less than 1% think it is now a good time […]
Read MoreMassive rise in tenant eviction orders as landlords are forced to get tough causing outcry from homelessness charity Crisis. Over the last three years there has been a 70% rise in court orders for the eviction of tenants in the UK Private Rented Sector (PRS). Homeless charity Crisis set about analysing figures released by the […]
Read MoreTenant Demand Driving PRS Rent Increases Financial pressures, employment uncertainty, double dip recession, the Eurozone crisis and the high cost of property deposits have been cited as reasons for the current high demand for PRS rental properties in the UK this year. The financial difficulties faced by would be property buyers, trying to get mortgages […]
Read MoreProperty repossessions fall below expectations UK buy-to-let landlords are taking positive steps to ensure that mortgage payments are met by taking out insurance to guarantee the rent as figures released by the Council of Mortgage Lenders (CML) showed a fall in the number of buy to let and residential property repossessions in the second quarter […]
Read MoreNew research conducted by the National Landlords Association (NLA) has shown that the number of tenants behind with rent payments has risen again, leaving Buy-To-Let landlords without Rent Guarantee Insurance worried about meeting their mortgage payments both on their rental properties and their own homes. The NLA membership survey revealed that over 50% of the […]
Read MoreThe latest news from the Royal Institute of Chartered Surveyors (RICS) made great reading for landlords with the report that PRS rents had risen over the past year. However, the report could be really bad news for tenants and their finances as rental rates are set to increase again over the next 12 months. Tenants […]
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