Welcome to the October 2008 edition of the LandlordZONE Newsletter.
Fire Safety Order – October 2008 Issue 33
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Welcome to the October 2008 Issue,
We’re living through some unprecedented and scary times: if you are a landlord or running a business it’s now about survival.
Regardless of whether your properties are in negative equity, and it [...]
Buy-to-let investors have reason to cheer with rental demand on the rise as first-time buyers stay away.
Paul Farrow, Daily Telegraph – 22 Oct 2008
The number of people signing up for rented accommodation rose in September, with demand up 50 per cent year on year, according to the UK’s second largest lettings agent Your Move, which [...]
Major recommendations to improve the Private Rented Sector for both tenants and landlords are being published today.
The independent review into the Private Rented Sector (PRS), headed by Julie Rugg of the University of York, recommends a new drive to improve the quality of the sector through:
* Introducing a light touch licensing system for landlords and [...]
LANDLORDS are being given tips by police on how to spot drug factories being run in their properties following a spate of cannabis farm discoveries in rented homes.
This is Plymouth – Thursday, October 16, 2008, 13:14
A new booklet gathers together information gleaned from thousands of raids on homes in recent years which have led to [...]
Cash-strapped homeowners considering selling their home and renting it back urgently need regulation to protect them, according to the consumer watchdog.
Simon Lambert, This is Money – 15 October 2008
An in-depth study by the Office of Fair Trading into sale and rent back firms has found some are misleading customers about the value of their properties [...]
House prices are poised to fall almost a third from their peak last year to reach values last seen in September 2003, says one of the country’s leading estate agents.
Daniel Thomas, Property Correspondent, FT.com – 15 Oct 2008
Knight Frank said on Wednesday that the market was halfway through a price correction, with about 15 per [...]
Ross Clark says speculators and fraudsters saw easy money in buying city-centre flats with borrowed money — but investors and lenders now face huge losses as prices crash.
Ross Clark, Spectator.co.uk – 15 Oct 2008
I have developed a rather ghoulish pastime. It involves thumbing through auction results for repossessed apartments in city centres, then checking what [...]
ONE of the first cases concerning the 2007 tenancy deposit protection scheme was heard recently.
The County Court overturned the findings of the first instance judge to find in favour of the landlord.
Richard Freeman-Wallace, nebusiness.co.uk – 8 Oct 2008
The landlord in question had properly placed his tenant’s deposit in a tenancy deposit scheme but had not [...]
Desperate property developer forced to give away £1.7m apartments
The UK property slump has forced a Devon developer into extreme measures to recoup the costs of building four luxury apartments worth £1.7 million.
Cliff Rawlinson is giving away all four in the UK’s biggest ever property competition and the first launched by a developer.
45,000 tickets are being [...]
The Chancellor and Treasury have sought to clarify proposals calling for HBOS, Lloyds TSB and Royal Bank of Scotland (RBS) to resume lending to homeowners and small businesses “at 2007 levels”.
James Charles, Times Online – 14 Oct 2008
In the House of Commons today the Alistair Darling said that there had been a “misunderstanding” in relation [...]
