Landlords Targeted by Drug Gangs

Landlords were warned of the dangers of renting properties without due diligence.  At an information evening organized to warn landlords on how to avert being duped into renting properties to illegal drugs organizations,  D.I. Bill Stupples of Merseyside Police Matrix Unit gave advice on the dangers of drug cultivation and manufacture in rental properties. Susceptible […]

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July Housing & Mortgage News

According to the Bank of England, the number of mortgage approvals fell to 48,000 last month,  (June) compared to 51,000 in May.  Although a 15% seasonal rise in the value of mortgage lending increased to £13.1bn, up from £11.4bn in May offers a slight marked improvement from the £12.2bn of June last year, the current […]

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June's Record High for Legal 4 Landlords

‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ Last month saw Legal 4 Landlords total a record 2648 tenant references.  Since January this year the landlord legal service provider has completed 13,359 tenant references for landlords and letting agents.  June also saw 113 evictions completed on behalf of the lettings industry.  The legal company, which has been trading for only 2 years […]

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Legal 4 Landlords – A Proven Franchise

‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ Although many industry sectors are feeling the pinch during the recession, it seems entrepreneurs are faring much better through franchises than their ‘start from scratch cousins’. Data captured through the ‘Small Business Service’, recorded that only one third of new business start up in the UK will make it past the 3-year stage.  The […]

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Is Buy-to-Let Still A Good Choice?

‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ In February this year it was reported that one of the UK’s largest private landlords, with an empire worth a quarter of a billion pounds had begun to run into difficulties and were looking to offload their vast portfolio of properties.  To avoid repossession or receivership, they entered into management arrangements with their lenders. […]

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HMO Classification Changes Spell Trouble

‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ Grant Shapps, new Housing Minister, may have rode into town declaring his role as new sheriff by making some changes to the outdated policies of the former government, but it appears that his predecessor, Jonathan Healey’s HMO classification reform is to remain in the power of the local authorities themselves. To come into effect […]

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To Cover or not to Cover?

Last month’s report of the Essex landlord, left with a £47,000 repair bill on his property, after damage caused by a tenant, is becoming an all to common story.  Along with the damage caused, the landlord also found himself out of pocket to the tune of £12,200 in rent arrears not to mention the cost […]

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July Buy-to-Let Lending Update

It’s been a quiet recently on buy-to let lending.  A lack of faith in the industry due to the emergency budget and public sector cuts are being contributed to a slow period of growth.  However, this year house prices in general have seen a 3 per cent increase.  Rents have increased nationally on an average […]

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Sales Staff Wanted For Head Office

‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ Because of the high volume of sales enquiries, we are looking for motivated sales personnel for our Warrington Head Office.  We provide legal services to the private rented sector.   As a young company we can offer the right candidates long term opportunities along with an attractive package.  You will be working alongside a friendly […]

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Are you a sucker for a hard luck story?

‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ At some point, every landlord falls for a tenant’s story of hard luck and woe.  Thankfully most tenants are straight-forward, pay rent on time and treat the property with respect as the home it was intended to be.  Unfortunately, there are always exceptions to the rule and now and then a landlord comes across […]

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