The wild winter storm that rocked most of the UK last week caused widespread damage but the Association of British Insurers (ABI), reassured all policyholders, including those with landlord insurance policies, that claims would be dealt with swiftly. The torrential rain and gale force winds caused extensive disruption across the UK’s transport network, damaged properties […]
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 MoreRent Arrears are set to rise in the UK Private Rented Sector, (PRS), during 2012 as more landlords face dealing with tenants who cannot afford the rental payments on their residential property. The UK media reported at the end of last year that the number of court orders to evict tenants had risen by 11% […]
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 […]
Read More(These are 100% Genuine and are taken from actual letters and comments on forms). • I want repairs done to my cooker as it has backfired and burnt my knob off. • I wish to complain that my father hurt his ankle very badly when he put his foot in the hole in his back […]
Read MoreLandlords often have to chase tenants for the rent, often payments are missed due to extraordinary circumstances, Here are some of the best Tenant Excuses For Not Paying The Rent • “I can’t pay my rent as my BMW is in the shop, and I cannot afford to pay for both.” • “I can’t pay […]
Read MoreNew research from Shelter highlights the areas of the UK where people are most at risk of losing their homes. 111 households is at risk of eviction by either a landlord or mortgage lender, with those living in London most at risk, followed by the residents of Manchester, Slough and Peterborough. Shelter’s study also reveals […]
Read MoreRents have fallen for the first time in 10 months as landlords look to keep homes occupied over Christmas, but rents in some parts of the UK have bucked the downward month-on-month trend. The typical residential property rent in England and Wales dropped by 0.4% to £717 a month in November, the first month-on-month fall […]
Read MoreIf you are a seasoned landlord or are just starting out in buy-to-let, you need to understand the importance of carrying out background checks on potential tenants. Right now it’s a landlord’s market with more people choosing to rent so UK landlords can afford to be a little more choosy. The National Landlords Association (NLA) […]
Read MorePrivate Sector Rental prices and rental yields increased in the three months up to October 2011, according to new research from the Royal Institution of Chartered Surveyors (RICS). The survey found that the number of UK property agents who reported higher rents had risen by 19% in the 3 month period. 15% more also said […]
Read MoreIf you are a Landlord who lets a property in the UK, then you run the risk of rent default by your tenant. Even the best checks and references cannot predict a tenant falling on hard times and not being able to pay their rent. Could you as a landlord cover your expenditure if this […]
Read MoreA major new report out today is urgently calling on the Government to regulate residential Letting Agents to the same standards as Estate Agents and reckons that UK tenants are being ripped off by cowboy agents in the booming PRS rental market. The Resolution Foundation, an independent think tank which focuses on lower income groups, […]
Read MoreA seasonal reminder to landlords and letting agents that Bailiff Amnesty’s will begin around 12th December 2011 to the 9th January 2011. Please check your local County Court for more details. The amnesty, which is not widely publicised, is implemented due to local authority offices, solicitors, courts and housing welfare organisations festive holiday closures. Unfortunately […]
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