Latest Property News
Government moves to simplify tax rules affecting buy to let property investment
A move by the Coalition Government to simplify the taxation system will undoubtedly be welcomed by residential landlords, says Alex Huxley of Potential 2 Lettings in Ellesmere. Many buy to let landlords have struggled to keep up with the numerous... read more... added 26.07.10
Landlords see significant drop in tenant rent arrears during Q2
A fifth of private-residential landlords have had tenants in rent arrears over the last three months, according to new research published today by the National Landlords Association (NLA). During Q2 2010, just over 21 percent of landlords experienced rental arrears. read more... added 26.07.10
London buy to let landlords see conditions improve in prime residential areas
Rents in London?s prime residential market are on the rise, up 9.2 percent in the 12 months to the end of June 2010 according to the Knight Frank London Lettings Index for Q2 2010. The improving picture for landlords continued into the second quarter of 2010, with a rise of 2.6 percent in the three months to June. read more... added 26.07.10
City council gets tough on landlords and letting agents
Private housing landlords have been warned that Peterborough City Council does take matters seriously when landlords fail to comply with housing enforcement notices that require properties to be brought up to a suitable living standard. read more... added 26.07.10
Landlord fined after failing to clear up rubbish
A landlord who refused to clean up a ?grot spot? behind his property has been ordered to pay nearly £900. Mohammed Sharif, aged 41 and of Keppel Road in Chorlton, pleaded guilty to not complying with a legal notice, during a hearing at Manchester... read more... added 26.07.10
Economic downturn stops buy to let landlords financing new student accommodation
A lack of finance deals available to landlords will lead to a severe shortage in student accommodation for the forthcoming academic year warns Landlord Assist, the nationwide tenant eviction and rent collection firm. read more... added 21.07.10
Rise in tenant demand boosts buy to let landlord confidence
Nearly three times as many landlords reported that tenant demand was rising rather than falling during the second quarter of the year, Paragon Mortgages? PRS Trends Report has revealed. The quarterly snapshot of the private rented sector and buy to let market... read more... added 21.07.10
Landlords get more benefits and free advice fits from new accreditation scheme
Halton Borough Council is introducing its own Landlord Accreditation Scheme to help support the Private Rented Sector and the essential role landlords play in providing housing for the residents of Runcorn and Widnes. read more... added 21.07.10
Lack of property investment in rental properties could contribute towards housing shortage warns ARLA
The dearth in available rental properties is worsening, according to research produced recently by the Association of Residential Lettings Agents (ARLA). Almost three quarters (70 percent) of ARLA member offices say that there are more tenants than... read more... added 21.07.10
Tenancy deposit firm works with landlords to draw up wear and tear guide
With so much confusion among the landlord community about the rules surrounding fair wear and tear, a government-authorised tenancy deposit protection scheme has created a guide for landlords, offering advice on how to make a fair judgement call at the end of the tenancy period... read more... added 21.07.10
News feed courtesy of Residential Landlord