The British Property Federation (BPF) handed a small peice of good news to UK landlords who may have been struggling to make ends meet, after it was revealed that the UK coalition government may review imposing powers forcing landlords to share information on changes of tenancy with water companies, as well as making them liable for a […]
Read MoreRenting a property in the UK Private Rented Sector (PRS) is fast following the European trend and becoming the normal thing for people to do instead of taking the plunge and getting a foot on the property ladder. Struggling First Time Buyers have been forced to rent whilst saving for a deposit on a home. […]
Read MoreBuy To Let Mortgage Borrowing Up 84,000 On 2010 2011 saw the number of UK residential properties bought using Buy To Let mortgages rise by 84,000 on 2010 figures. Council of Mortgage Lenders (CML) figures show that landlords advanced a total of 34,800 buy to mortgages in the last three months of 2011 alone, with a […]
Read MoreThe UK homeless charity Shelter and the Residential Landlords Association (RLA) have clashed over the issue of bad landlords. Both organisations have been using very strong words over the last few days, whilst calling for more action by the UK government to stamp out bad landlords. Shelter is calling on the UK coalition Government to hold […]
Read MoreHome insurers and the UK’s coalition Government are still arguing over paying for flood protection, meaning Millions of homeowners and Buy-To-Let Landlords are facing uncertainty over house prices, mortgage availability and the validity of their insurance policies. If the UK Government fails to meet the demands of insurers to reinstate flood protection cuts then insurance […]
Read MoreUK Property Repossessions are forecast to increase 22% in 2012 Economists expect the recession and rising unemployment to squeeze the already stretched household finances of thousands of struggling families this year and are warning UK homeowners and landlords of a sharp rise in residential property repossessions. Record low Bank of England (BoE) interest rates and […]
Read MoreProperty investors are being urged to thorough research in order to be very selective about the areas they choose to purchase investment property in during 2012. Poor returns from savings and the continuing strong demand for rental property will be the driving factors behind an increase in property investment in the UK buy to let […]
Read MoreThe UK Coalition Government plans to cap benefits will still be fully implemented despite the parliamentary defeat in the House of Lords on Monday this week. A defeat that saw 26 Lib-Dem peers rebel against the Government’s wishes. Although, the Government have admitted that whilst disappointed by the result, they still intend to push through […]
Read MoreUK landlords have little confidence in the current Housing Benefit system and the majority would try to avoid accepting tenants in receipt of benefits due to the extra hassle and headaches that dealing with local authorities and local government departments cause. Landlords claim that tenants who do not receive any form of welfare support are […]
Read MoreThe coalition Government face another battle over welfare reforms, this time in the House of Lords. The outcome will affect individuals and families in receipt of local housing allowance (LHA) or housing benefit, who are in private rented sector (PRS) properties. The Welfare Reform Bill, currently going through the House of Lords, is set to […]
Read MoreWho pays for repairing the damage at a rental property can depend on what exactly has gone wrong. Landlords are responsible for damage to the fabric of the property, such as, missing roof slates causing damp, broken down boilers and leaks and all landlords should have suitable Buy-To-Let insurance in place to cover the costs […]
Read MoreResearchers claim that the uk’s welfare reforms will make more than three quarters of a million homes unaffordable for tenants. The Government Welfare Reform payment caps came into force this week (1st January 2012) meaning that more than 810,000 private rented homes unaffordable for tenants claiming the housing allowance under the new “Universal Credit” system. […]
Read MoreWith some landlords feeling the financial pinch, a small minority of ill advised or inexperienced landlords are attempting to reduce costs by cutting vital corners such as on repairs or worse, on their insurance policies. As the owner and landlord of a buy to let property, adequate insurance is required to protect the fabric of […]
Read MoreThere could be big changes in store for the UK private rental sector should there be an exodus of inexperienced or accidental landlords from the market. The rental market in the UK could be significantly impacted in the event of a mass departure of inexperienced and accidental landlords from the sector. This is the suggestion […]
Read MoreDespite campaigns from all quarters of the media and industry bodies, the number of empty homes in the UK increased significantly in 2011, new research has shown. Data from the Communities and Local Government department, (CLG),the Office for National Statistics, (ONS), and Halifax’s own housing statistics database, the study revealed a 1.8% rise in empty […]
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