A UK court case has delivered a landmark ruling that will affect every landlord in the country. Now any legal notice served on a tenant must have the landlord’s own address on it and not a care of address being that of the agent. The case of Beitov Properties v Elliston Bentley Martin [2012] UKUT […]
Read MoreAn alarming number of small scale landlords, owning just a single rental property, who are experiencing increased void periods and growing rent arrears has doubled since the first quarter of 2012, according to research carried out by leading market research company, Business Development Research Consultants (BDRC Continental). The results of the BDRC Continental survey show […]
Read MoreNew research from the Association of Residential Letting Agents (ARLA) has shown that tenants are happy to stay in rented property for longer than ever. The UK Buy-To-Let market continues to offer a strong return for property investors, with the new ARLA data showing that the average length of a tenancy in the UK has […]
Read MoreLandlords are extremely positive about the current state of the UK Buy-To-Let market, according to a recent survey carried out by CHL Mortgages. According to the survey 71% of respondents were positive about the growth and stability of the UK Buy-To-Let market. 5% remained negative about the sector’s growth and stability. The positive mood from […]
Read MorePrivate Rental Sector landlords are urged to act now to secure the tenant’s rental payments or prepare for the worst this year as tenant default rates have already increased by 8%, in the second quarter of 2012, and are still rising. The number of private sector tenancies in severe rent arrears climbed by over 7,000 […]
Read MoreThe proposed Universal Credit system due to be introduced in April 2013 is set to replace existing benefits, including housing benefit, will put thousands of social (council and housing associations) and thousands more Private Rental Sector (PRS) landlords at a much higher level of financial risk. The current system of Local Housing Allowance (LHA) or […]
Read MoreThe premier landlord service provider, Legal 4 Landlords has grown from strength to strength in just 4 short years, thanks to their unique perspective of the UK Buy-To-Let market, smart business practices and a dedicated team of franchisees and affiliates. Legal 4 Landlords was founded in 2008 by three partners, Binder Dhillon, Sim Sekhon […]
Read MoreThe outcome of a landmark legal case has fired a warning shot to all UK landlords and property management agents to ensure that any legal notice served on a tenant must have the landlord’s own address on it and not that of the agent. The case of Beitov Properties v Elliston Bentley Martin [2012] UKUT […]
Read More40% of all UK Private Rented Sector (PRS) tenants have reportedly lost some or all of their rental deposit at the end of a tenancy, but landlords aren’t winning either, says a new report. The total amount lost per person averaged £313 (GBP) according to a new survey conducted by online property portal – FindaProperty.com. […]
Read MoreThe number of tenants finding themselves in severe financial difficulty has climbed by 8% in the second quarter of 2012. Over 7,000 more tenant’s, are over two months in arrears, than there were in the first three months of 2012, according to the latest Tenant Arrears Tracker by chartered surveyors Templeton LPA. In the second […]
Read MoreA landlord’s right to receive direct rent payments from a local authority for tenants in receipt of Local Housing Allowance (LHA) or Housing Benefit (HB) will be scrapped under the proposed new Universal Credit (UC) benefit system. Therefore it is widely predicted that even more landlords will potentially withdraw from the LHA market as there […]
Read MoreAn extra 1.5 million 18 to 30-year-olds are expected to apply for private rented sector (PRS) properties over the next eight years. The influential Joseph Rowntree Foundation says that one risk is that pressures on private rental accommodation could force young families out of the sector and into homelessness. The foundation forecasts that around 310,000 […]
Read MoreStuck property vendors that are being forced to make the move into the UK buy to let market, are being warned by landlord and lettings specialist service provider Legal 4 Landlords, that they need to spend more time researching the area where the property is and spend more time understanding the mechanics and legalities of […]
Read MoreLandlords and letting agents need to be aware of the importance of having the right Landlord Insurance policy to protect their rental property assets rather than tailoring insurance policies to suit the needs of their tenants. UK landlords are discovering that some insurance companies are reluctant to cover certain categories of tenants, including students or […]
Read MoreShowing tenants around the rental property personally is a chance for the landlord to gain a little insight into the people who may soon be living in the rental property, providing that all parties like each other. It is also a good opportunity for landlords to engage with the prospective tenants and listen to their […]
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