As many UK landlords already know, there are always some issues that can arise during the course of a tenancy. These can vary from essential repairs to rent arrears and with the UK still slowly recovering from a double dip recession, money is tight all around. With this in mind Legal 4 Landlords offer landlords […]
Read MoreGovernment’s Own Watchdog Warns Ministers Over Housing Mayhem There will be a huge shortage of affordable Private Rented Sector (PRS) property for tenants claiming housing benefit if the Government Welfare reforms go ahead in the spring of 2013 as currently planned. The warning has come from the Government’s own spending watchdog, the National Audit Office […]
Read MoreAs thousands of people struggle to sell their properties in the current financial climate, many are turning to renting them out in order to move on with their lives. However this comes with its own problems and responsibilities that many people are not really prepared for. Being a landlord means you have legal responsibilities towards […]
Read MoreA spooky Halloween tale from Legal 4 Landlords In a House of Multiple Occupation (HMO) in Gravesend, on a dark stormy Halloween evening, the residents gathered in the communal lounge drinking and discussing ghost stories… One young male tenant claimed that an old man who used to own the large house they lived in was […]
Read MoreMore PRS tenants are struggling with rent arrears The latest UK Court Statistics released by the Government continue to indicate a steady rise in the number of claims for possession by landlords that have resulted in orders for tenant eviction being made. The continued rise in severe rent arrears have lead to more than 25,000 landlords making successful […]
Read MoreThe Residential Landlords Association (RLA) have discovered that finance for landlords is woefully inadequate with almost 50% of UK landlords struggling to get additional mortgages, remortgage or even obtain more finance. The RLA asked its members about obtaining further finance to expand their rental property portfolios 24.1% found it very difficult to get a Buy-To-Let […]
Read MoreRental prices in the UK Private Rented Sector have now reached a new record high, with the average PRS rent during September across the UK reaching approximately £741 (GBP) per calendar month (pcm). The startling cost of PRS rental was revealed by LSL property services and represents a rise of 1.1% on the previous record […]
Read MoreThe number of private sector tenants in severe arrears is still increasing, albeit at a slower rate, rising by 1.6% in the 3rd quarter of 2012. There are now more than 99,000 tenants in rent arrears greater than 8 weeks plus – the highest since 2008 and 15% more than last year. Tenants in severe […]
Read MoreSection 8 – Grounds For Eviction. Taking the professional tenant eviction route may sound expensive to many UK landlords, but it can actually work out to be the cheaper option because professional tenant eviction specialists, like LegalforLandlords, know what they’re doing and work fast. Many landlords try to tackle the eviction process themselves by serving a Section […]
Read MoreA 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 MoreUnderinsuring properties means landlords risk higher repair costs New research by Aviva insurance found that 86% of rental properties surveyed were found to be significantly underinsured The results of the survey have prompted many landlord insurers to issue a warning to all landlords about the risks they face if their properties are not insured to […]
Read MoreThe Residential Landlords Association (RLA) and homless charity Crisis say that UK court orders to evict defaulting tenants in the Private Rental Sector have risen by more than 70% over the past 3 years. Homeless charity Crisis analysed Ministry of Justice figures to reveal that within the last 12 months some 36,211 landlords have been […]
Read MoreUK residents are still paying more than 40% of their net income on housing costs, keeping the UK as the third most expensive place to live in the EU behind Denmark and Greece UK families are still among the worst off in Europe when it comes to housing costs, spending more than 42% of their […]
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 […]
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