Posts Tagged ‘property’
Letting agents may notice a slow down in the market in the forthcoming weeks
Posted on 18/05/2012
Letting agents may notice a slow down in the market in the forthcoming weeks, as it has been suggested the double-dip recession could make landlords cautious. Tenant eviction and rent collection firm Landlord Assist explained that buy-to-let investors may push back plans to expand their portfolios until the economy shows signs of recovery. While conditions …
Tips for first-time landlords looking for property investments
Posted on 09/03/2012
Individuals looking to become landlords have been advised to research local economies and tenant demand when selecting where to invest. David Lawrenson, private rented sector expert at LettingFocus.com, explained how it is important to avoid areas of oversupply. “It is less of an issue now, but it was more of an issue in the past …
What effect will Cameron’s Euro decision have on UK housing market?
Posted on 15/12/2011
What will Britain’s decision to stay out of the EU pact mean to the booming (until now) London house market? Just how booming it has been – driven by investors seeking to put their money in a safe place as the Euro crisis has steadily deepened – is amply illustrated by figures from London agent …
Buy-to-let ‘a long-term investment’
Posted on 09/12/2011
Letting agents may notice an increase in the number of landlords looking to expand their portfolios in the forthcoming months. Operations manager at the Association of Residential Letting Agents Ian Potter explained figures suggest more and more investors are keen to purchase new properties. However, he noted there is “not the property for them to …
Landlords ‘are confident’ about portfolio expansion
Posted on 30/11/2011
There are signs in the UK that the amount of rental stock is likely to increase in the near future, according to one specialist, which is good news for landlords. Private rented sector expert David Lawrenson said there are signs that the amount of rental stock is likely to increase in the near future, with …
Now ‘a good time for property investors’
Posted on 28/11/2011
Individuals considering purchasing a buy-to-let property and becoming a landlord may be pleased to hear one expert’s comments about the market. Dianne Paterson, property partner at Russel + Aitken, claimed “conditions are still strongly favouring those who are in a position to buy”. She explained how although it is “too early to predict” how things …
New website launches for unmodernised properties
Posted on 22/11/2011
A new website listing unmodernised properties has launched, offering agents a free trial. As well as a search function – although it currently seems to have relatively few listings – it has news and features for those interested in unmodernised property, including an ‘Ask the Experts’ section, information on upcoming auctions and investment calculators. The …
Buy-to-let loans ‘on the rise’
Posted on 18/11/2011
Letting agents may have noticed an increase in the number of individuals purchasing buy-to-let property as the number of loans for such investments has reportedly increased. New data published by the Council of Mortgage Lenders (CML) has revealed money lending increased by 16 per cent in the third quarter of 2011. In this period, there …
Landlords to be brought to task by HMRC
Posted on 17/11/2011
HM Revenue & Customs (HMRC) has announced they will clamp down “hard and fast” on tax evasion by landlords in the North West of England and North Wales. Small businesses and individuals working in the buy-to-let sector are set to have their bookkeeping scrutinised with the department announcing that a new taskforce has been set …
Landlords ‘should provide’ carbon monoxide alarms
Posted on 11/11/2011
Landlords with residential lettings should take steps to look after the safety of their tenants by ensuring carbon monoxide (CO) alarms are installed in all their properties. This is according to president and co-director of CO-Gas Safety Stephanie Trotter, who said having this equipment fitted or checked as part of their required annual inspections must …
Rogue Builders Jailed For Total Of 20 Years
Posted on 07/11/2011
A family of rogue traders has been jailed for a total of 20 years for conning vulnerable homeowners out of hundreds of thousands of pounds. The Tomney family is believed to have made close to half a million pounds as a result of their crimes. The father, twin sons and nephew, carried out shoddy and …
Buy to let property ‘a wise investment’
Posted on 01/11/2011
People thinking of investing in property in the coming months will find that it is a safe place to put their money, one expert has suggested. David Lawrenson, a property letting expert, pointed out that rents are going up have been doing so for about seven months now across the country. He explained that, in …
