June 25, 2009 on 3:01 pm | In News | No Comments
Landlord Accreditation Wales, the principality’s private rental sector association, has announced that the Cardiff branch of the Northwood lettings group is the first National Approved Letting Scheme (NALS) member to join its organisation. Membership of Landlord Accreditation Wales provides local lettings agents, landlords and tenants with a best practice guarantee. However, in order to qualify [...]
June 24, 2009 on 5:03 pm | In News | No Comments
The death knell of the British High Street has been sounded before, but with thousands of independent retailers going out of business and customers shunning independent restaurants, the threat now seems more real than ever. Deborah Hyde, CityWire.co.uk – 24 June 2009 Rising unemployment and falling disposable income growth will lead to a sharp reduction [...]
June 24, 2009 on 1:10 pm | In News | No Comments
Statement on Gumtree and Craig’s List – 24 June 2009 The Deposit Protection Service (DPS) would like to make all tenants aware of a new scam involving property advertised for rent over the internet. People looking for property to rent have seen adverts on websites such as Gumtree and Craig’s List asking them to show [...]
June 24, 2009 on 11:20 am | In News, Newsletters | No Comments
Property Investment in a Recession Download the Full Newsletter Editorial: The Private Rented Sector (PRS) and buy-to-let has become an important, if not the most important, sector of the UK housing market; certainly as far as tenants, sellers, letting and estate agents are concerned. The young wait in rented accommodation until they can afford to [...]
June 23, 2009 on 7:53 pm | In News | 1 Comment
Research by the Young Group has revealed increasing numbers of buy-to-let investors are keen to return to the market as they believe property prices will stabilise and rise during the next 12 months. yourmortgage.co.uk – 23 June 2009 Results from its Q2 2009 survey of investor market sentiment show that increasing numbers of residential property [...]
June 22, 2009 on 4:45 pm | In News | No Comments
PROPERTY landlords are being warned to be on their guard after a rented house was used as a suspected cannabis factory. Lancashire Telegraph – 22 June 2009 Private landlord Shahzad Ahmed issued the message after discovering the remains of a “professional” system at one of his houses. According to the Mr Ahmed, of Property Investment [...]
June 21, 2009 on 1:04 pm | In News | No Comments
Landlords have been buying more properties in the last quarter according to a survey. MyFinances.co.uk – 20 June 2009 The Association of Residential Letting Agents (ARLA) quarterly survey revealed a “bounce back” in the buy-to-let market. In the ARLA members’ survey of the Private Rented Sector (PRS) for the second quarter of this year, nearly [...]
June 21, 2009 on 1:01 pm | In News | No Comments
Property rush as billions raised to pick up bargains Simon Evans and Mark Leftly, The Independent on Sunday – 21 June 2009 Depressed commercial property prices have prompted a wave of interest in the market with up to 16 firms currently working on or readying plans to launch real estate funds. Blackstone, the New York-listed [...]
June 19, 2009 on 4:27 pm | In News | 1 Comment
A property management company have been ordered to pay over £25,000 in fines and costs after pleading guilty to serious breaches of fire safety legislation following a prosecution brought by the London Fire Brigade. London Fire Bridage Press Release – 18 June 2009 Shoalacre Ltd. of 44-50 The Broadway, Southall, Middlesex, UB1 1QB, admitted guilt [...]
June 19, 2009 on 1:48 pm | In News | No Comments
Prime minister rejects British Property Federation petition against £950m tax. Deirdre Hipwell, Property Week – 19.06.09 Prime minister Gordon Brown has dashed industry hopes of a helping hand by dismissing a widely supported British Property Federation petition for the reinstatement of empty rates relief. A statement from the prime minister’s office this week said the [...]
