October 22, 2008

Overseas students alerted to tenant deposit protection

Permalink: Overseas students alerted to tenant deposit protection
by Gill Montia

Online tenancy deposit firm, mydeposits.co.uk, is urging universities and colleges to ensure that overseas students are aware of the UK's tenant deposit protection rules. From April of last year, most landlords and their agents have been prohibited from accepting tenant deposits, ...


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Main: Home News Guides Forums Property News: Property Prices Mortgages Property Developments Rental Property Overseas Property HIPS Property Guides Property Forums: Buying Property Selling Property Estate Agents Solicitors/Legal Mortgages Builders/Developers Property Development Home Improvement Buying Property Abroad	October 22, 2008 Overseas students alerted to tenant deposit protection Permalink: Overseas students alerted to tenant deposit protection by Gill Montia Online tenancy deposit firm, mydeposits.co.uk, is urging universities and colleges to ensure that overseas students are aware of the UK's tenant deposit protection rules. From April of last year, most landlords and their agents have been prohibited from accepting tenant deposits, ... (more...) October 21, 2008 HMRC: House sales down 53% Permalink: HMRC: House sales down 53% by Kay Mitchell There is more doom and gloom in the property market today after HM Revenue & Customs (HMRC) revealed that the number of properties changing hands has fallen by 53% in the last 12 months. According to HMRC, 59,000 homes were sold last month, ... (more...) October 20, 2008 NLA and ARLA condemn tenant-humiliation practices Permalink: NLA and ARLA condemn tenant-humiliation practices by Lin Freestone The National Landlords' Association (NLA) has joined forces with the Association of Residential Letting Agents (ARLA) to condemn any practices which ridicule and humiliate tenants. The two associations, which represent more than 23,500 landlords and letting agents, have criticised the action ... (more...) CML: Mortgage lending falls again in September Permalink: CML: Mortgage lending falls again in September by Kay Mitchell The latest figures from the Council of Mortgage Lenders (CML) show that gross mortgage lending continued to decline in September. The CML said total lending in September was Â£17.7 billion, down 10% from the previous month and 42% lower than in ... (more...) October 19, 2008 Northern Rock denies its reputation for aggressive repossession Permalink: Northern Rock denies its reputation for aggressive repossession by Lin Freestone The housing charity Shelter has revealed that the nationalised bank Northern Rock is repossessing 50% more properties than other banks and building societies. Northern Rock has denied the allegations that it is more aggressive than its competitors on repossessions, yet ... (more...) Spain’s property market slump puts pressure on “cajas” Permalink: Spain’s property market slump puts pressure on “cajas” by Gill Montia The prime minister of Spain, Jose Luis Rodriguez Zapatero, has warned that the downturn in the country's property market could have a severe impact on small Spanish banks. Regional banks and small lending institutions, known as cajas, are heavily involved ... (more...) OFT reveals its sale and rent back findings Permalink: OFT reveals its sale and rent back findings by Lin Freestone The Office of Fair Trading (OFT) has published the results of the market study it has been conducting into the sale and rent back sector. It was alerted to the problems being experienced by some customers by the Citizens' ... (more...) Knight Frank: House prices to fall 30% Permalink: Knight Frank: House prices to fall 30% by Kay Mitchell According to Knight Frank estate agents, house prices in the UK will fall 30% from their high of summer 2007 and fall to levels of September 2003. The agent predicts that prices will start to rise again by 2010. Meanwhile, it ... (more...) October 16, 2008 Paragon reports booming tenant demand Permalink: Paragon reports booming tenant demand by Gill Montia Buy-to-let lender, Paragon, has reported that a record number of landlords are seeing growth in tenant demand. In its Mortgage Trends survey, 51% of respondents described tenant demand as either "growing" or "booming" during the three months to the end of September. The result ... (more...) October 15, 2008 Good news for mortgage market as Libor eases Permalink: Good news for mortgage market as Libor eases by Kay Mitchell After the Governments of Europe and the US announced bailout packages for its banks this week, it has emerged that Libor, the rate at which banks lend to one another, has fallen slightly. Libor fell from 6.249% to 6.21%, marking ... (more...) Warning of further 10% fall in house prices Permalink: Warning of further 10% fall in house prices by Lin Freestone It has been predicted by a leading economist that house prices could drop by a further 10% before the market bottoms out. Talking to an influential committee of MPs on 14 October, David Miles, Visiting Professor of Finance at Imperial ... (more...) NLA will support FSA regulation of sale-and-rent-back Permalink: NLA will support FSA regulation of sale-and-rent-back by Gill Montia The National Landlords' Association (NLA), which represents around 20,000 individual landlords across the UK, is stressing its level of commitment to raising standards in the sale-and-rent-back sector. The body is responding to an Office of Fair Trading (OFT) Market Study on ... (more...) Eurozone property investors sell up to cash in on currency trends Permalink: Eurozone property investors sell up to cash in on currency trends by Gill Montia Baydonhill, the overseas mortgage and foreign exchange specialist has reported that Britons with properties overseas are selling up and transferring their funds back to the UK. Long into the credit crisis, the enthusiasm of Briton's for investment ... (more...) October 14, 2008 August mortgage lending falls by 63% Permalink: August mortgage lending falls by 63% by Lin Freestone According to figures released by the Council of Mortgage Lenders (CML), 42,200 people borrowed money to buy a property in August 2008. This was the lowest figure since the Council began collecting data in 2002. The value of approved mortgages in August ... (more...) Rics says property sales at 30-year low Permalink: Rics says property sales at 30-year low by Lin Freestone The latest figures from the Royal Institute of Chartered Surveyors (Rics) reveal that the number of property sales per surveyor fell to less than one a week in September. The average number of transactions carried out by each surveyor over ... (more...) Bellway reports 30% fall in profits Permalink: Bellway reports 30% fall in profits by Kay Mitchell The fall in house prices and the squeeze on mortgage lending has led housebuilder Bellway to report a 30% fall in annual profits. The group said profits before one-off items were Â£165.7 million, compared with Â£234.8 million the previous year. The housebuilder ... (more...) October 13, 2008 Confidence to return to mortgage market Permalink: Confidence to return to mortgage market by Kay Mitchell According to experts, confidence should return to the mortgage market and loans should be easier to obtain following the Governmentâ€™s rescue plan announced today. It was unveiled today that the Government is to pump Â£37 billion into three of the countryâ€™s largest ... (more...) October 10, 2008 Birminghamâ€™s buy-to-let market worst hit by falling property prices Permalink: Birminghamâ€™s buy-to-let market worst hit by falling property prices by Lin Freestone A survey has been carried out to identify the ten areas in England and Wales which have experienced the greatest fall in annual property prices. Conducted by property website mouseprice.com, the study found that owners of buy-to-let properties ... (more...) Unpaid rents bring bailiffs to JJB stores Permalink: Unpaid rents bring bailiffs to JJB stores by Lin Freestone It has been reported that bailiffs have visited at least twelve stores operated by JJB Sports after landlords reported unpaid rents. It is estimated that the company owes at least Â£500,000 on empty stores for which it still has liability for ... (more...) Balfour Beatty reaches agreement with SFO Permalink: Balfour Beatty reaches agreement with SFO by Lin Freestone Balfour Beatty has reached an agreement with the Serious Fraud Office (SFO) this week relating to certain payments in respect of the execution of its joint venture contract to build the Bibliotheca Alexandrina in Egypt. Balfour Beatty is paying Â£2.25m to ... (more...) « Previous Page — Next Page »	Latest News: Buy-to-let lending climbs its way up Landlords’ financial profiles revealed Asking prices flat as downtraders dominate housing market Eurozone crisis impacts UK mortgage market April rise in rents and arrears Government fails to “get Britain building” Homes too small to store household basics Private rental yields fail to satisfy institutional investors First-time buyers mortgage approvals fall on eurozone fears Repossessions landscape stable Most Read News Today: Mortgages most expensive for 16 years Overseas property investment â€“ a safe option Property prices are 10 times salary Government fails to "get Britain building" Buy-to-let lending climbs its way up Eurozone crisis impacts UK mortgage market First-time buyers mortgage approvals fall on eurozone fears Asking prices flat as downtraders dominate housing market Landlords' financial profiles revealed Homes too small to store household basics Most Read News To Date: Property prices are 10 times salary Mortgages most expensive for 16 years Overseas property investment â€“ a safe option NHBC Buildmark Insurance Certificate: What you need to know How to Extend Your Flat Lease Westfield Londonâ€™s Shepherdâ€™s Bush shopping centre 92% let Barratt Developments in crisis as share price plummets Property Prices in Ireland could fall up to 60% Nationwide to offer 95% mortgage Possible housing crash in 2008
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Overseas students alerted to tenant deposit protection

HMRC: House sales down 53%

NLA and ARLA condemn tenant-humiliation practices

CML: Mortgage lending falls again in September

Northern Rock denies its reputation for aggressive repossession

Spain’s property market slump puts pressure on “cajas”

OFT reveals its sale and rent back findings

Knight Frank: House prices to fall 30%

Paragon reports booming tenant demand

Good news for mortgage market as Libor eases

Warning of further 10% fall in house prices

NLA will support FSA regulation of sale-and-rent-back

Eurozone property investors sell up to cash in on currency trends

August mortgage lending falls by 63%

Rics says property sales at 30-year low

Bellway reports 30% fall in profits

Confidence to return to mortgage market

Birminghamâ€™s buy-to-let market worst hit by falling property prices

Unpaid rents bring bailiffs to JJB stores

Balfour Beatty reaches agreement with SFO

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