August 26, 2007 on 7:24 pm | In News | No Comments
As fears grow that the problems in the property market could cross the Atlantic, valuers are becoming more cautious with their valuations. By Faith Archer, Daily Telegraph, 24 August 2007 Surveyors are starting to clamp down on mortgage valuations, as lenders prepare to protect themselves against the risk that house prices may falter and even [...]
August 26, 2007 on 1:20 pm | In News | 1 Comment
Investors are continuing to plough money into the buy-to-let market, despite fears that rising interest rates have made the sector un-sustainable. By Jim Pickard, FT Commercial Property Correspondent – August 25 2007 Five increases in the cost of borrowing since last summer mean that the rent on a typical property no longer covers its mortgage [...]
August 26, 2007 on 1:12 pm | In News | No Comments
As demand slumps, millions borrowed in the years of low interest rates are at risk, says Zoe Wood Sunday August 26, 2007 The Observer Turbulence in credit and equity markets is causing angst among Britain’s householders concerned that the crisis will dent the value of their property. But the hand-wringing is more pronounced among commercial [...]
August 26, 2007 on 1:05 pm | In News | No Comments
Analysts are warning that the continued uncertainty on global financial markets could pose a threat to the value of British homes says Clare Francis. Sunday 26 August 2007 The Sunday Times THE meltdown that has rocked global stock markets over the past month has heightened fears of a sharp slowdown in the property market. Analysts [...]
August 24, 2007 on 3:42 pm | In News | No Comments
Can’t afford a place in the country? What if your dream getaway could pay for itself ? or even return a tidy profit ? At a Cotswolds resort, Chris Partridge meets the people who are letting their holiday homes do the hard work – full article
August 24, 2007 on 3:39 pm | In News | No Comments
They’re no longer easy money, but rental homes can be good earners. Norman Miller has the essential tips for beginners. For many years, buy-to-let seemed to be a dream investment – and for many people, it was. The deal was simple: get a cheap mortgage deal, buy a place anywhere you like from Clapham to [...]
August 23, 2007 on 4:07 pm | In Landlord & Tenant | 22 Comments
Rookie Landlords are often caught out by a short clause in their Letting Agent’s terms and conditions. It will look something like this: “A fee of x % plus VAT will be charged for a tenancy renewal/extension for a second year or further period” The fee is normally between 60% and 100% of that charged [...]
August 23, 2007 on 8:46 am | In Press Releases | No Comments
WHEN Landlord Action was founded eight years ago, property investment was still a relatively exclusive phenomenon amongst cash rich people who could buy a property outright. Since those days the increase in buy-to-let mortgages and the crash in personal pensions has seen more people taking out loans to finance the purchase of a property in [...]
August 16, 2007 on 6:46 am | In News | No Comments
TO MILLIONS of fans, he is known as the pin-up star of Liverpool-based television hits Brookside and Hollyoaks. But actor Philip Olivier is now the holder of a less prestigious title. He has just become the first person in Liverpool to be prosecuted for breaking a strict new law aimed at raising standards in rented [...]
August 14, 2007 on 5:36 pm | In News | 1 Comment
The UK house price inflation rate rose from 10.8 per cent in May 2007 to 12.1 per cent in June 2007… Between May and June there was a rise of 1.6 per cent in the prices index of properties bought compared with a smaller rise of 0.4 per cent over the same period last year [...]
