First-time buyers trapped by rent rises The dream of homeownership has slipped farther from the reach of first-time buyers, who have been unable to afford a home because of the credit crunch. Property Week – 25 June 2008 They are being squeezed again, by surging rents – up by almost a third in some areas [...]
ARLA Members’ Survey Q2 2008 Marginal falls in rental returns for houses and flats are reported in the latest quarterly survey of ARLA’s member letting agents published today, June 9. This, ARLA believes, is due to the number of new developments coming on-stream. The Association also points out that this demolishes the myth that rent [...]
Kingston Smith Property Alert Law changes often cause problems, so if you are considering selling a commercial property that is subject to an option to tax, make certain you are aware of the new rules. You should be aware of a VAT law change which affects property from 1st June 2008. If you are selling [...]
Housebuilders are coming under increasing pressure as news of restricted mortgage lending, falling house prices and fears of large land write-downs worry the sector. After years of record profits and soaring house prices, speculation is now rife that housebuilders will be forced to raise cash with rights issues or debt for equity swaps. They could [...]
We’ve all read the headlines about the property crash. But what’s it like to see your buy-to-let nest-egg auctioned off for less than half you paid for it. Richard Pendlebury reports from the frontline … Richard Pendlebury, Daily Mail – 25 June 2008 A famous party venue for 140 years, the Cafe Royal is perhaps [...]
Did you know that buildings produce nearly half of the UK’s carbon emissions? Each household in the UK creates around six tonnes of carbon dioxide a year. That’s six times the weight of the rubbish a household throws away in a year. It’s also double the carbon dioxide emissions that the average car produces in [...]
Welcome to the June 2008 edition of the LandlordZONE® Newsletter. Conveyancing, HIPS & EPCs – June 2008 Issue 30 Download the Full Newsletter As I write this, mid-June 2008, things look pretty gloomy. The credit crunch is putting the banks under extreme pressure (we still don’t know the full story) leading to a contracting property [...]
As of the 1st October 2008 ALL properties in the social and private rented sector in England and Wales will be legally required, to present an Energy Performance Certificate (EPC) to new tenants, warns the National Approved Letting Scheme (NALS). In a recent study, the Government discovered that domestic energy accounts for 27% of the [...]
Who…? • Broadway is a London charity that provides services to over 2,800 people every year who are at risk of, or are experiencing, being homeless. Its aim is to ensure that every single person finds and keeps a home. • Real Lettings is Broadway’s pioneering social enterprise. Set up in partnership with the Empty [...]
Although property sales have experienced a marked slow down in recent months the residential lettings market remains buoyant. With many estate agents and established letting agents exploiting this opportunity, an Irish-based software company is set to promote the latest version of its rental management software package, RentPro. RentPro was developed by K-Point Internet Solutions, located [...]
