December 20, 2007 on 4:18 pm | In News | No Comments
There was more evidence of a housing market slowdown today after the industry revealed the first year-on-year fall in mortgage lending for more than two years. Daily Mail – 20 December 2007 Mortgage lending last month was £30.7 billion, the Council of Mortgage Lenders (CML) said, down 8% from £33.2 billion for the same period [...]
December 19, 2007 on 10:02 pm | In News | No Comments
Season’s Greetings and Best Wishes to all our colleagues – members and advertisers. The December 2007 issue of the LandlordZONE Newsletter focuses on the impending Local Housing Allowance which is to be introduced fully from April 7th 2008. Click here for the full December 2007 Newsletter: http://www.landlordzone.co.uk/BlogNews/LandlordLOGDec07.pdf
December 19, 2007 on 9:49 pm | In Newsletters | No Comments
December 2007 Issue 25 ========================================================== Download the Newsletter Welcome from the Editor: Season’s Greetings to everyone from LandlordZONE. I’ve said this before—we’re living in interesting times – and very worrying times they are too for many investors and particularly new landlords. There are some ominous signs as we look to 2008, not just in housing [...]
December 18, 2007 on 11:30 am | In News | No Comments
Worry about the future of the property market has boosted demand for homes to rent – and the money that can be charged for them, the RICS says. The Times, Daily Telegraph But not all properties are equal. Demand is continuing to grow strongly for houses, while the oversupply of new-build properties is depressing the [...]
December 18, 2007 on 11:28 am | In News | No Comments
Landlords are abandoning the property market at the fastest rate for almost three years, according to new research which underlines the troubles facing the buy-to-let sector. Edmund Conway, Economics Editor, The Telegraph – 18 December 2007 The proportion of landlords opting to sell properties when tenants move out has risen from 6.1pc to 6.5pc in [...]
December 18, 2007 on 9:59 am | In News | No Comments
IPD figures show November saw the worst ever monthly returns from commercial property. Mike Phillips, Property Week – 17 December 2007 Figures from the Investment Property Databank showed that property provided returns of -3.6%. Previously the worst month was May 1990, when returns were -1.8%. The figures, which are based upon the valuation of a [...]
December 17, 2007 on 6:23 pm | In General | No Comments
Andrew Harris, Gas Services Manager from Aspect Maintenance, advises that now winter has set in, landlords should be getting their boilers checked… Now that the cold snap has begun, homeowners and property tenants have begun to turn their boilers on; boilers that have been sitting dormant for months. Break downs inevitably occur, and, companies like [...]
December 17, 2007 on 4:55 pm | In News | No Comments
The Government has published details of draft legislation, announced in the 2007 Budget, related to business tax reform and capital allowances. Following consultations in July, the Treasury has published two technical notes detailing the draft legislation proposals. John Bakie, ifaonline.co.uk – 17 December 2007 The Treasury says changes to business tax are aimed at improving [...]
December 17, 2007 on 4:50 pm | In News | No Comments
The government’s plans to remove empty rate relief on empty buildings next April are to go ahead with very little change despite an intense lobbying effort by the property industry. Deirdre Hipwell, Property Week – 17 December 2007 Local government minister John Healey said today it is drafting the secondary legislation so that all aspects [...]
December 14, 2007 on 9:26 am | In News | No Comments
Key learning from Land Registry’s Chain Matrix prototype and valuable feedback from customers on electronic funds transfer have influenced Land Registry’s decision to focus resource on introducing electronic discharges, charges (mortgages) and transfers as the priorities in its e-conveyancing programme. PublicTechnologu.net – 14 December 2007 This will include refreshing the existing product range and enhancing [...]
