Archive

Archive for the ‘Plans and Regulations’ Category

Landlord insurance - price facility

December 21st, 2010

Finding a more instant and accessible way of measuring house prices is now seen as an increasingly important facility for landlord insurance holders.

The news comes after the National Statisticians Review of House Price Statistics was released last week. Read more…

Author: Landlord Categories: Plans and Regulations Tags:

Landlord insurance holders get clarity

November 20th, 2010

British landlord insurance holders will be glad to hear The Court of Appeal has now confirmed the dates by which landlords must protect the deposits of a tenant - to avoid charges.

In shorthold tenancy agreements, deposits are protected by being placed into one of three schemes - and the tenant must then be informed of this by the landlord insurance holder. Read more…

Author: Landlord Categories: Plans and Regulations Tags:

Survey to prevent landlord insurance woe

November 2nd, 2010

People who want to become landlords should make sure that they get a full home survey before they make their purchase, or they could face landlord insurance implications.

A survey by the Royal Institution of Chartered Surveyors (RICS) has found that there’s a great deal of confusion between the purposes of mortgage valuations and housing surveys, which can prove a costly mistake. Read more…

Author: Landlord Categories: Plans and Regulations Tags:

Private landlords to slash rent in order to keep tenants

July 5th, 2010

Private landlords are facing to slash rents if they want to keep their current tenants because of large cutback on housing benefit by the Chancellor.

More than one million families who receive housing benefit will have to find extra money in order to pay their rent to private landlords from next year. Read more…

Private evictions increasing during the recession

June 29th, 2010

According to legal information provider Sweet & Maxwell, private landlords filed 23% more repossession claims against their tenants during the credit crunch.

Private landlords now account for 17% of all repossession claims in the rented property sector compared to 11% in 2004, with repossession claims jumping from 17,047 to 21,004 between 2004 and 2008, an increase of 23%. Read more…

Buying over Renting?

June 17th, 2010

Latest research published by Santander Mortgage has indicated that “it is a good time to buy”.

First-time buyers are being told that buying a property is cheaper than renting in all areas of the UK except London. As a matter of fact, after assessing the current market, Santander Mortgages found  that “the average monthly rental prices Read more…

Local Housing Allowance

June 17th, 2010

The National Landlords Association (NLA) has called on the new coalition government to make changes to the way the local housing allowance (LHA) is distributed.

According to  Directgov.co.uk website “If you are a private tenant renting property or room from a private landlord and you are on a low income, you may be able to claim and receive Local Housing Allowance. The payment will normally be made to you straight to your bank account or by cheque. Payment is not normally made to your landlord.” Read more…