Latest 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 […]
Read MoreLatest Landlord News by: Madalena Penny As landlords and letting agents draw a close to this year, 2010 has seen some vast changes within and around the private rented sector. At the beginning of the year 3.1 million households were supported by private residential landlords, the figure is now estimated to be about 3.6 million. […]
Read MoreLatest Landlord News by: Colin Campbell A Mancunian song-smith wrote during the 1980’s “money too tight to mention”, and at no other time of the year is a lack of funds more keenly felt than at Christmas. With the spending review affecting employment levels, the rising cost of fuel and heating, compounded by inflation, arctic […]
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By: Madalena Penny Landlords attempting to evict tenants without adhering to necessary procedures risk prosecution from the courts warned Sim Sekhon of the legal company LegalforLandlords Urging landlords not take matters into their own hands, Mr. Sekhon warns that landlords who deliberately, illegally evict tenants face serious penalties, which could result in a custodial sentence. […]
Read MoreBy: Colin Campbell Without tenant referencing if you go down to your property today are you sure of a big surprise? One landlord in Ohio got much more than he bargained for, leading to an eviction notice for his tenants amongst whom was a man killing bear. In August this year, Lorain County property issued […]
Read MoreBy: Madalena Penny 61,000 new tenants is no coincidence. According to Countrywide, this is the number of applicants that registered for residential rental property in Q3 this year. Compared with the previous quarter, the research reveals a 19% increase and a 44% leap since January 2010, creating a tenant-trend and mass flight to the private […]
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By: Colin Campbell With tenant demand currently out-stripping home ownership in the UK, landlords can expect on average 5.5 potential tenants waiting for every available vacant property. The Office of National Statistics calculated in 2009 that the average income in Britain had achieved a level of £25,000 per annum, a figure that demonstrates that many […]
Read MoreThere is always the odd, undesirable hard to let property that becomes the bane of a landlord. The one that was bought when an area seemed reasonable, but has since gone to the dogs. Selling the property becomes out of the question as any sane buyer wouldn’t touch it with a proverbial bargepole. The temptation […]
Read More‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ While much is said about a possible landlord register being introduced in England to crack down on rogue landlords, it’s a pity that one can’t be set up to protect landlords from rogue and violent tenants. Last month, it was revealed that one woman made a career of renting houses from unsuspecting landlords. Once […]
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