Latest landlord News by: Madalena Penny Unemployment figures released yesterday reveal that there are now 2.48 million people unemployed. One in five young people are without work, with a rise in unemployment for 16-25 year-olds increasing by 12,000 on the quarter. Unemployment affecting 16-17 year-olds has also reached an all time high leading to 218,000 […]
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 […]
Read MoreLatest Landlord News by: Madalena Penny For landlords, the devil is indeed in the detail, wasting landlords time and money. Caught up in the ongoing government drama of benefit cuts, caps and reform currently affecting the private rented sector, another recession driven trend is emerging enraging landlords across the UK. Bailiffs and debt recovery companies’ […]
Read MoreLatest landlord News by: Madalena Penny New rules were announced this week affecting the shared room rate. The increased threshold for single room occupancy rising from 25-35 year-olds was to be introduced in April 2012 but will now come into effect 3 months earlier in January 2012. It is understood that the earlier introduction is […]
Read MoreLatest Landlord News by: Madalena Penny A recent report by insurers, Aviva has revealed that landlords are still falling prey to cannabis farms and cultivators. Statistics now claim that properties being used as drug farms have reached an all time high. The insurers claim that a growing increase in claims due to damage is now […]
Read MoreLatest Landlord News by: Madalena Penny. Landlords may well ask themselves where they can find the perfect tenant. If there is a factory creating clones of the perfect tenant – tenants who always pay the rent, sort out building, electrical and plumbing problems themselves, never ask for anything, are respectful, in gainful employment and treat their homes […]
Read MoreLatest landlord News by: Madalena Penny. Landlords raising rents without taking due care of legislation are not working within the bounds of the Housing Act 1988, warned letting specialists, ‘Legal 4 Landlords’. With the current surge in tenant-demand and rental market values rising phenomenally, landlords are increasing rents and in some cases in an unethical […]
Read MoreLatest landlord News by: Madalena Penny. The private rented sector has been cited as the industry, which generates the most complaints, according to a report published last week by a consumer watchdog. Consumer Focus conducted online research involving a sample of 2,000 people in January 2011, revealing that just over a quarter of renters had […]
Read MoreLatest Landlord News by: Madalena Penny. Eviction and Tenancy Rights teams at Legal for Landlords have received some larger than usual enquiries of late pertaining to rented houses used for brothels and massage parlours. Thankfully not from landlords looking to set-up their own in-house businesses but rather suspicions that their properties are indeed being […]
Read MoreLatest Landlord News by: Madalena Penny Tenants thinking they can lower the rent as they wish has been cited as one of the reasons landlords gave for feeling less confident in the rental market, according to UPAD’s monthly Confidence Survey. The prospect of interest rate rises has also sparked concerns as landlords have expressed that […]
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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. […]
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 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 […]
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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 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 […]
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