LandlordZONE > February 2009 Archives

A boost in buy-to-let property

February 20, 2009 on 10:25 am | In News | No Comments

The banking crisis has investors putting their money in property again Francesca Steele, Times Online – 20 Feb 2009 Low interest rates have boosted the investment appeal of buy-to-let. Agents are reporting a renewed interest in the sector, on the basis that it looks tempting to withdraw money from the bank, where savings earn next [...]

Late Payment of Commercial Debts (Interest) Act 1998

February 18, 2009 on 4:53 pm | In Legal Briefing | No Comments

Information about late payments of commercial debts – advice for landlords on collecting debts.

Serial Bad Tenants – LandlordAction on BBC London Inside Out

February 18, 2009 on 1:04 pm | In News | No Comments

Landlord Action Director, Paul Shamplina, is back in front of the camera for BBC London’s Inside Out INSIDE OUT – BBC 1 LONDON (Sky Channel 974) – WEDNESDAY 18TH FEBRUARY 7.30PM Watch the programme on BBC iPlayer here: http://www.bbc.co.uk/iplayer/episode/b00ht7tn/Inside_Out_London_18_02_2009/ BBC London’s Inside Out knew just who to call on when Serial Bad Tenants were the [...]

Ruling raises concerns on rent reviews for landlords

February 18, 2009 on 12:48 pm | In News | No Comments

TENANT farmers could find that their next rent review will not take place for at least another three years, following the case of Mason v Boscawena, and the Chancellor’s decision to cutVAT. Richard Freeman-Wallace, nebusiness.co.uk – Feb 18 2009 In the court case, the landlord included VAT in his commercial and agricultural rents. A tenant [...]

One million shortfall of homes by 2010

February 16, 2009 on 7:41 pm | In News | No Comments

The underlying shortage of homes in England could reach ‘dangerously high’ levels of more than 1m in less than two years, according to David Pretty, chairman of the New Homes Marketing Board. Deirdre Hipwell, PropertyWeek – 16 Feb 2009 Pretty, the former CEO of Barratt, said that while the residential property market is likely to [...]

CBI warns recession will be worse than government says

February 16, 2009 on 1:50 pm | In News | No Comments

The rapidly deteriorating global economy and the continued difficulties UK businesses are facing in accessing credit will push the economy deeper into recession in 2009, business groups said today. Deborah Hyde, CityWird.co.uk – 16 February 2009 The CBI is now predicting the recession will last throughout 2009, the economy will contract by 3.3% this year [...]

True extent of mortgage fraud is only now coming to light

February 14, 2009 on 2:48 pm | In News | No Comments

THE true scale of the mortgage fraud committed during the housing market boom is only now becoming clear, according to fraud experts. However, the extent to which it has damaged lenders and the housing market will not come to light for some time as organised fraud continues to grow. Jeff Salway, The Scotsman – 14 [...]

Don’t hold your breath for house price rises

February 14, 2009 on 2:43 pm | In News | No Comments

Homeowners are being warned that house prices still have a way to fall, in spite of tentative signs that the property market may be stabilising. Sharlene Goff, FT.com – February 13 2009 Halifax sparked a burst of excitement last week when it reported that house prices had risen in January, albeit by just 1.9 per [...]

Property rights issue worries weigh on FTSE

February 14, 2009 on 2:31 pm | In News | No Comments

Land Securities was under pressure after British Land became the second property group to launch a massive discounted rights issue and revealed that property values had fallen another 13 per cent in the three months to the end of the year. Robert Lindsay, Times Online – 12 Feb 2009 Land Securities is likely to arrange [...]

Foxtons founder makes millions – shorting property company’s shares

February 13, 2009 on 4:33 pm | In News | No Comments

Entrepreneur John Hunt has again shown his skill at reading the property market by making a multi-million pound profit by betting on a slump in shares in developer Hammerson. Helia Ebrahimi, The Telegraph.co.uk – 11 Feb 2009 It has emerged that Mr Hunt, who founded Foxtons and sold the estate agency for £370m near the [...]