A Bit of Sympathy For the Devil

‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ When it comes down to actual ethics, many landlords differ.  Those who employ a letting agent obviously have less trouble than those who take full responsibility of their own tenanted property.  But where do you draw the line? Once a landlord has fulfilled their responsibilities to both tenant and property, there’s usually a calm […]

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Cameron's Plan to Refer Wealthier Tenants

‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ The Prime Minister’s recent plan this week to limit the leases of council tenants has infuriated LibDems. Under David Cameron’s proposals, council tenants would be made to relinquish council homes if a change in their economic status proved they could afford to live in the private rented sector and their homes would be given […]

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Errant Tenant Issues?

It’s surprising that in today’s economic climate, landlords are still agreeing tenancies without the necessary and proper tenant referencing checks. Landlords keen to let a property, especially one that has been vacant for some time forget and forego the preventative measures in eagerness to install a tenant to find that somewhere down the line, costs […]

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June's Tenant News & Data

Can anyone remember the last time a cement truck went past?  New builds have reached their lowest number since the 1920’s, public spending cuts, unemployment and banking restrictions are laying waste to the housing sector, while statistics show a 4.5 million waiting list for social housing. The coalition are in danger of putting their heads […]

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House Prices Fall but Tenant Demand Strong

‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ As one who has never relished delivering bad news, I’m thankful we don’t live in ancient Roman times, as I’m sure that as the bearer of the following property data I would be thrown into an arena to be eaten by lions, (although I do have some fab gladiator sandals for such an occasion). […]

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Buying Commercial Property into a Scheme

‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾‾ The rise in Capital Gains Tax this year has put a lot of strain on landlords who invested in a buy-to-let by way of securing a pension for retirement.  The now CGT, set at 28% without being indexed will no doubt take a chunk of a landlords retirement fund. A loophole through the purchase […]

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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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