By: Madalena Penny Demand for rental properties has risen again, according to latest survey from RICS (The Royal Institute of Chartered Surveyors). Affected by the lack of supply of available housing stock the survey has also revealed a rise in rental value across the UK including Scotland. 47% more surveyors reported a rise in demand […]
Read MoreBy: Madalena Penny Current government housing & benefit reform is not lacking in irony, or so it seems. As 102 MP’s have opted to rent out their state paid ‘2nd homes’ amid the falling house prices and a year of rent rises, the numbers of these unlikely landlords are swiftly gaining momentum as the new […]
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 Speculation surrounding the delays to government housing benefit caps was confirmed this week by the DWP. The cuts, which were due to be introduced next April and October will now only apply to new applicants in April 2010, while existing applicants will not be affected until January 2012. In response to the […]
Read MoreBy: Colin Campbell With temperatures plummeting in Britain an icy chill is also drifting around Europe. Governments across the continent are fighting off an infection that some hoped landlords and property developers in the private rental sector would help find the cure for; the ‘European contagion’. A symptom born out of the banking crisis and […]
Read MoreBy: Madalena Penny Speculation is surrounding reports this week that the government’s housing benefit caps will be put on hold by a further 9 months for existing claimants. The cuts, which were due to be introduced next April and October are said to only apply to new applicants, while existing applicants will not be affected […]
Read More‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ By: Madalena Penny In a bid to tackle the nations housing shortage, ministers have overlooked directives laid out by the European Convention on Human Rights (EHCR), which could seriously dent their social housing reform policy. As part of their intended Localism Bill, the government’s reform included fixed-term tenancies applied to new tenants in the […]
Read MoreBy: Madalena Penny Landlords in the UK receive very little positive publicity. Through historical renditions of Dickensian property owners that throw starving families out into the streets with Machiavellian pleasure, the UK’s private rented sector is in need of the business investment model delivering a new image to bring it in line with a more […]
Read MoreBy: Colin Campbell Landlords and the private rented sector received a boost last week as the National Association of Estate Agents announced that it was introducing a licensing scheme for the industry. It is hoped that the enterprise would help to improve and regulate standards within the sector by protecting tenants and landlords from rogue […]
Read MoreBy: Madalena Penny After 9 consecutive months of rent rises, according to LSL Property Services, rents have increased a further 0.4% from September to an average of £691 per month. While on the surface it could look as though landlords are making hay while the sun shines, the rent-savvy landlord is all to aware there’s […]
Read MoreBy: Madalena Penny With about as much consistency as Cheryl Cole’s X-Factor status and all the buoyancy of Katie Price’s knicker elastic, buy-to-let statistics are indicating some variable views on the BTL sector. According to UPAD’s recent research measuring landlord confidence, it’s something of a mixed bag. Surprisingly in contradiction to a steady stream of […]
Read MoreBy: Colin Campbell A new initiative announced this month by Chris Hulne, the Energy & Climate Change Secretary has been supported by landlords in the private rented sector. The ‘Green Deal’ is aimed at providing the nation’s increasing energy needs by finding cleaner and more efficient ways of sustainable consumption. Pointing out that a quarter […]
Read MoreBy: Madalena Penny Today Downing Street will be receiving a petition of 2,000 landlord signatures. The ‘Rebalancing Law Petition’ organized by the RLA (Royal Landlords Association) and other landlord bodies has been created in an attempt to ask the government to reconsider their intended closures of county and magistrate courts. The proposed closures consisting of […]
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 […]
Read MoreBy: Colin Campbell The ramifications of last month’s governmental spending revue is currently being digested over the breakfast tables of landlords up and down the country. Closer analysis suggests that, as always, ‘the devil is in the detail’. Regular readers of the Legal 4 Landlords tri-weekly blogs will know that the Private Rental Sector will […]
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