October 21, 2007 on 8:19 pm | In News | 1 Comment
Guaranteed rent schemes mean investors are assured of their income and spared all the hassle, says Sue Hayward. But convenience can come at a price The Independent on Sunday – 21 October 2007 Being a landlord can be hard work. You have to find tenants, collect rent and sort out repairs. And if a tenant [...]
October 21, 2007 on 4:31 pm | In News | No Comments
UK house market is ‘heading for crash’ Estate agent boards in Leicester Gary Duncan, Economics Editor The property boom of the past ten years has left the British housing market in danger of following the slump in American house prices, the International Monetary Fund said yesterday. Gary Duncan, Economics Editor, The Times – 18 Oct [...]
October 19, 2007 on 9:54 pm | In News | No Comments
Experts fear there won’t be enough affordable housing in the future. AVERAGE house prices in Surrey are likely to smash through the half-a-million pound barrier in the next five years, according to a new report. Surrey Advertiser – 19th Oct 2007 Experts have predicted that investors buying homes to rent will inflate prices in the [...]
October 19, 2007 on 8:57 pm | In News | No Comments
The latest tax reforms benefit professional landlords. As I have lamented before in this column, we landladies don’t seem to be the most popular of people these days. Scarcely a week passes without us being accused of distorting the housing market or preventing first-time buyers from getting a foot on the first rung of the [...]
October 19, 2007 on 8:52 pm | In News | No Comments
Lorna Blackwood investigates the mystery of the UK’s million vacant homes THE urgent need to build more homes is exercising industry experts, homeowners and officials across the country. Undersupply is blamed for fuelling the massive price rises in recent years, which have pushed home-ownership out of the reach for many. The Times, 19 Oct 2007 [...]
October 19, 2007 on 8:23 pm | In News | No Comments
This edition looks at issues involving mortgages and the current market conditions for buy to let. The buy to let mortgage, introduced 11 years ago, has helped, along with the AST, to transform the rental market in the UK at a time when social and demographic changes demanded a big increase in rental accommodation. This [...]
October 19, 2007 on 7:58 pm | In Newsletters | 1 Comment
October 2007 Issue 23 =========================================================== Download the LandlordZONE Newsletter Welcome from the Editor: Welcome to the Oct 2007 issue of the LandlordZONE Newsletter. We’re living in turbulent times. If you are interested in the broader picture from a renowned authority I recommend you read Alan Greenspan’s timely biography—The Age of Turbulence—Adventures in a New World. [...]
October 17, 2007 on 9:14 pm | In News | 1 Comment
It looks like the housing boom is finally running out of steam. Some parts of the country are already seeing prices fall and the number of people moving has dropped sharply. Mirror.co.uk – 17 October 2007 Mortgage lending is also down and the number of inquiries from potential buyers have dipped at their fastest rate [...]
October 17, 2007 on 11:31 am | In Press Releases | No Comments
NALS (The National Letting Scheme), the Government backed accreditation scheme for lettings and management agents operating in the private rented sector has welcomed the National Landlords Association (NLA) to its Board of Directors. The NLA protects and promotes the interests of private sector, residential, landlords throughout the UK and is by far the largest landlord [...]
October 16, 2007 on 9:01 pm | In News | No Comments
Politicians have never very well understood the law of unintended consequences. You have only to look at recent government U-turns over home information packs and alternatively secured pensions to see that ministers never really think through how changes in policy are likely to affect behaviour. And so it is again with this year’s rushed PreBudget [...]