Comments for LandlordZONE News http://www.landlordzone.co.uk/blog The LandlordZONE Weblog - news, economic and legal developments, current affairs and a knowledgebase for those involved with Rental Property, residential and commercial: Investors, Landlords, Property Managers, Letting and Estate Agents, Tenants and Professionals. Thu, 04 Mar 2010 09:47:05 +0000 http://wordpress.org/?v=2.9.2 hourly 1 Comment on House price falls have been delayed, not prevented by David Lawrenson http://www.landlordzone.co.uk/blog/news/house-price-falls-have-been-delayed-not-prevented/comment-page-1#comment-12170 David Lawrenson Thu, 04 Mar 2010 09:47:05 +0000 http://www.landlordzone.co.uk/blog/?p=2368#comment-12170 Mmm, I guess if you keep saying something is going to happen for long enough it will happen eventually, (though maybe not for the reasons you originally thought!) Capital Economics and many like them, seem to base their well meaning predictions on residential property prices rather too much on the relationship between earning and house prices (with a little bit of consideration for interest rates thrown into the mix.) Whilst this narrowish view was OK twenty five years ago, now that there is a big and growing private rented sector - up from 8% of all housing stock to over 14% today - this way of looking at things is a little out of date. Just as in commercial property, it is now imperative to look at YIELDS on residential property too. Given a big private rented sector, the yield from renting is far more relevant than in the past. Yet too many economists ignore it in their models which is why I think their predictions are not correct. That said, we are still in for some shakey years. Property prices will only grow slowly as long as we have a big national debt to pay off and continued job insecurity. David Lawrenson www.LettingFocus.com Topic Expert, Author and Private Rented Sector Consultant Mmm, I guess if you keep saying something is going to happen for long enough it will happen eventually, (though maybe not for the reasons you originally thought!)
Capital Economics and many like them, seem to base their well meaning predictions on residential property prices rather too much on the relationship between earning and house prices (with a little bit of consideration for interest rates thrown into the mix.)
Whilst this narrowish view was OK twenty five years ago, now that there is a big and growing private rented sector – up from 8% of all housing stock to over 14% today – this way of looking at things is a little out of date.
Just as in commercial property, it is now imperative to look at YIELDS on residential property too.
Given a big private rented sector, the yield from renting is far more relevant than in the past.
Yet too many economists ignore it in their models which is why I think their predictions are not correct.
That said, we are still in for some shakey years. Property prices will only grow slowly as long as we have a big national debt to pay off and continued job insecurity.
David Lawrenson
http://www.LettingFocus.com
Topic Expert, Author and Private Rented Sector Consultant

]]> Comment on House price falls have been delayed, not prevented by OnTheFence http://www.landlordzone.co.uk/blog/news/house-price-falls-have-been-delayed-not-prevented/comment-page-1#comment-12164 OnTheFence Mon, 01 Mar 2010 22:28:41 +0000 http://www.landlordzone.co.uk/blog/?p=2368#comment-12164 Roger Bootle ? Capital Economics ? Never heard of him or his company. Wouldn't trust an economist as far as could throw him. Roger Bootle ?
Capital Economics ?

Never heard of him or his company. Wouldn’t trust an economist as far as could throw him.

]]> Comment on Leaders encourage landlords to benefit from boiler scrappage scheme and reduce tenants’ energy bills by UK scrappage scheme http://www.landlordzone.co.uk/blog/news/leaders-encourage-landlords-to-benefit-from-boiler-scrappage-scheme-and-reduce-tenants%e2%80%99-energy-bills/comment-page-1#comment-12142 UK scrappage scheme Fri, 26 Feb 2010 15:02:15 +0000 http://www.landlordzone.co.uk/blog/?p=2359#comment-12142 I think changing the boiler is only the beginning of saving money on heating bills. Ensuring that the heat settings are set properly and controls are correctly set will ensure more money is saved. I think changing the boiler is only the beginning of saving money on heating bills. Ensuring that the heat settings are set properly and controls are correctly set will ensure more money is saved.

]]> Comment on UK real estate industry disappointed with study into estate agents by David Lawrenson http://www.landlordzone.co.uk/blog/news/uk-real-estate-industry-disappointed-with-study-into-estate-agents/comment-page-1#comment-12141 David Lawrenson Fri, 26 Feb 2010 11:12:07 +0000 http://www.landlordzone.co.uk/blog/?p=2355#comment-12141 Mmm, seems like there is an opening for a portal that is open to all and not dominated by estate agents. Surely this will be coming soon. Also, I can't see the need for big estate agents offices in high streets any more. Surely the reduced footfall these days (due to the net) can hardly justify anything but a small shop window to show case properties and a small office to sign contracts. David Lawrenson Topic Expert wwww.LettingFocus.com Mmm, seems like there is an opening for a portal that is open to all and not dominated by estate agents.
Surely this will be coming soon.
Also, I can’t see the need for big estate agents offices in high streets any more.
Surely the reduced footfall these days (due to the net) can hardly justify anything but a small shop window to show case properties and a small office to sign contracts.
David Lawrenson
Topic Expert
wwww.LettingFocus.com

]]> Comment on Government to use Planning Laws as Social Enginneering Tool by connie http://www.landlordzone.co.uk/blog/news/government-to-use-planning-laws-as-social-enginneering-tool/comment-page-1#comment-12139 connie Fri, 26 Feb 2010 10:04:58 +0000 http://www.landlordzone.co.uk/blog/?p=2353#comment-12139 I agree with this article that the government is openly discriminating against vulnerable groups in the society namely students. My son is a mature student who has been living in the same house for 2 years with 3 others. They are respected members of the community and no complaints have ever been made against them. Due to new legislation (which IS retrospective)the landlord has told my son that he will be unable to renew their lease (as he cant afford to pay the £950 registration fee)unless the 2 boys are cohabitating with the 2 girl tenants. So the government is PIMPING now??? I agree with this article that the government is openly discriminating against vulnerable groups in the society namely students.
My son is a mature student who has been living in the same house for 2 years with 3 others. They are respected members of the community and no complaints have ever been made against them. Due to new legislation (which IS retrospective)the landlord has told my son that he will be unable to renew their lease (as he cant afford to pay the £950 registration fee)unless the 2 boys are cohabitating with the 2 girl tenants. So the government is PIMPING now???

]]> Comment on LandlordZONE Newsletter – February 2010 – Pest Control for Landlords by Nick Anderson http://www.landlordzone.co.uk/blog/news/landlordzone-newsletter-february-2010-pest-control-for-landlords/comment-page-1#comment-12133 Nick Anderson Tue, 23 Feb 2010 15:08:26 +0000 http://www.landlordzone.co.uk/blog/?p=2357#comment-12133 Save money, use a local pest control company. Maybe we don't brag that we are experts. Butr we get the job done. Nice to see the symbiotic relationship flourishing. Save money, use a local pest control company.
Maybe we don’t brag that we are experts. Butr we get the job done.
Nice to see the symbiotic relationship flourishing.

]]> Comment on Government to use Planning Laws as Social Enginneering Tool by Sharon http://www.landlordzone.co.uk/blog/news/government-to-use-planning-laws-as-social-enginneering-tool/comment-page-1#comment-12125 Sharon Sat, 20 Feb 2010 10:21:45 +0000 http://www.landlordzone.co.uk/blog/?p=2353#comment-12125 I have exchanged communications with the RLA on a number of occasions and have always found their responses helpful and informative but I have to ask why their legal adviser, Richard Jones felt it necessary to make such a condescending and self serving comment about how the proposed changes to the 'Use Classes Order' has come about. I would also point out that living in a free and democratic society gives everyone the choice of living in well managed and pleasant accommodation but this is often far from the case. Can anyone tell me why the views of the landlord lobby groups are so much more important than the views of anyone else? Regards Sharon I have exchanged communications with the RLA on a number of occasions and have always found their responses helpful and informative but I have to ask why their legal adviser, Richard Jones felt it necessary to make such a condescending and self serving comment about how the proposed changes to the ‘Use Classes Order’ has come about.

I would also point out that living in a free and democratic society gives everyone the choice of living in well managed and pleasant accommodation but this is often far from the case.

Can anyone tell me why the views of the landlord lobby groups are so much more important than the views of anyone else?

Regards
Sharon

]]> Comment on Government rules for rental market ‘unworkable’ by Tom Kinnaird http://www.landlordzone.co.uk/blog/news/government-rules-for-rental-market-%e2%80%98unworkable/comment-page-1#comment-12119 Tom Kinnaird Thu, 18 Feb 2010 08:52:10 +0000 http://www.landlordzone.co.uk/blog/?p=2328#comment-12119 From my experience in removals, the lower end of the market will always be the focus of attention. Not wishing to tar everyone with the same brush, but some students really do trash a property with no thought of their landlord, or of their deposit being returned. At the same time always complaining about the lack of low cost property. Further up the market we can expect a more accountable reflection on the experience. From my experience in removals, the lower end of the market will always be the focus of attention. Not wishing to tar everyone with the same brush, but some students really do trash a property with no thought of their landlord, or of their deposit being returned. At the same time always complaining about the lack of low cost property. Further up the market we can expect a more accountable reflection on the experience.

]]> Comment on Rising rental demand means more opportunities for buy to let investors by Anon http://www.landlordzone.co.uk/blog/news/rising-rental-demand-means-more-opportunities-for-buy-to-let-investors/comment-page-1#comment-12118 Anon Wed, 17 Feb 2010 17:33:00 +0000 http://www.landlordzone.co.uk/blog/?p=2340#comment-12118 What a load of rubbish. I have been waiting 3 months for someone to come and take over the tenancy of the apartment I am renting. The area I am in has about 20 apartments on the rental market. What a load of rubbish. I have been waiting 3 months for someone to come and take over the tenancy of the apartment I am renting. The area I am in has about 20 apartments on the rental market.

]]> Comment on Watch out: the housing market is about to turn back down by Jim Hinton http://www.landlordzone.co.uk/blog/news/watch-out-the-housing-market-is-about-to-turn-back-down/comment-page-1#comment-12111 Jim Hinton Mon, 15 Feb 2010 10:15:26 +0000 http://www.landlordzone.co.uk/blog/?p=2071#comment-12111 The headlines keep changing every week. We have to remember that newspaper's exist to sell copies. Investors/landlords need to look beyond the headlines. The headlines keep changing every week. We have to remember that newspaper’s exist to sell copies. Investors/landlords need to look beyond the headlines.

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