LandlordZONE > November 2008 Archives

Labour fires nationalisation ‘warning shot’ to force banks to lend to firms and families

November 21, 2008 on 11:48 am | In News | No Comments

John McFall: Floated the idea that all banks could be nationalised Banks facing fury from ministers over their refusal to boost lending were today warned they could be nationalised if they refused to increase the flow of loans to firms and mortgages. Benedict Brogan and Nicholas Cecil, Daily Mail – 21st November 2008 Labour MP [...]

James Caan’s seven golden rules of property investment

November 21, 2008 on 10:32 am | In News | 1 Comment

The key to property success? Research, says James Caan. The Dragons’ Den star reveals his secrets. James Caan: ‘Observe the masses, then head in the opposite direction’ Zoe Dare Hall, The Telegraph – 20 Nov 2008 Any property investor who has been stung by the crunch and has been left wondering where it all went [...]

NLA: ‘reluctant landlords’ are major risk to rental market

November 21, 2008 on 10:26 am | In News | No Comments

The National Landlords Association (NLA), the largest national body for private-residential landlords, has today said that the new breed of ‘reluctant landlords’ poses a major risk to the overall health of the British rental market. Housefund.co.uk – Wednesday, November 19th, 2008 Research published by the NLA has shown that the number of new landlord instructions [...]

David Prosser: The real housing crisis is still ahead of us

November 21, 2008 on 10:22 am | In News | No Comments

Outlook Britain is facing a housing market crisis – but not the one you’ve been reading about over the past year as property prices have headed south. Believe it or not, look past the sea of unsold homes cluttering up estate agents’ windows and you’ll discover that this country faces an acute housing shortage. David [...]

Landlord Accreditation Scheme launched

November 20, 2008 on 1:44 pm | In News, Press Releases | No Comments

As Dorothy said there is no place like home and having a safe, comfortable home is a priority for everyone. With this in mind the Welsh Assembly Government and Cardiff Council, supported by the 21 other Local Authorities in Wales has developed the Landlord Accreditation Wales scheme. November 20th, 2008 The Landlord Accreditation Wales scheme [...]

Adrian Hamilton: Recovery cannot begin until house prices bottom out

November 20, 2008 on 12:34 pm | In News | No Comments

We don’t have the money to fund recovery without outside investors. How can he get away with it? While David Cameron laboriously carries out a U-turn on taxes, the Prime Minister positively somersaults over every position he has ever held and yet seems to get only stronger in the opinion polls. Adrian Hamilton, The Independent [...]

Kirsty the Phil’s Location, Location, Location Returns as UK House Prices Crash

November 20, 2008 on 12:29 pm | In News | No Comments

Best Financial Markets Analysis ArticleKirstie and Phil self professed property experts make a return to the UK’s TV screens with a more muted version of their long standing delusionally bullish UK property candy floss show titled location, location, location that helped feed the get on the property ladder frenzy of the last few years. Nadeem_Walayat, [...]

Tax-cut gamble will let Britain buy now – but we’ll certainly pay later

November 20, 2008 on 12:20 pm | In News | No Comments

On Monday Alistair Darling delivers the most important Budget statement in a generation. Today we examine the health of the nation’s finances and the outlook for key social services Gary Duncan, Economics Editor, The Times – 20 November 2008 Poor Alistair Darling. Less than three months ago the Chancellor was lambasted for saying that Britain [...]

Lenders can seize buy-to-let properties without court orders

November 19, 2008 on 7:48 pm | In News | No Comments

Buy-to-let investors could face having their properties seized without a court order if they struggle with their mortgage payments, the Council of Mortgage Lenders has warned. Myra Butterworth, Personal Finance Correspondent, The Telegraph – 19 Nov 08 A spokesman for the CML said lenders could “step into a landlord’s shoes”. Banks could either receive rent [...]

Tax warning for buy-to-let investors

November 19, 2008 on 7:42 pm | In News | No Comments

THE more canny buy-to-let investors in the market at the moment are those acknowledging non-disclosure of rental income or capital gains arising from the previous sale of investment properties. Tony McDonough, Liverpool Daily Post – 19 Nov 08 HM Revenue & Customs are contacting up to 1m buy-to-let landlords who it suspects may not be [...]