February 24, 2010

Government proposals for landlords “unrealistic”

Permalink: Government proposals for landlords “unrealistic”
by Gill Montia

“Government plans for the private-rented sector are completely unrealistic." So says LetAssured UK managing director, David Plaister, who is concerned about "a huge housing gap in Britain which government expects private landlords to fill". Recent proposals from Housing Minister, John Healey, include: a hotline ...


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Flat sharing back in vogue Permalink: Flat sharing back in vogue by Gill Montia Flat sharing is back in vogue, according to Gumtree.com Reasons behind the surge in enthusiasm include: the hike in house prices, increased divorce rates, popularity of city crash pads, and the emotional benefits of sharing accommodation. Research from the online classified website suggests 68% ... (more...) NLA welcomes High Court ruling on Foxtons case Permalink: NLA welcomes High Court ruling on Foxtons case by Gill Montia The National Landlords' Association (NLA) has welcomed the news that a High Court order has been secured by the Office of Fair Trading (OFT) against Foxtons. The OFT began investigating the London-based letting agent following complaints from landlords about the ... (more...) Landlords miss out by rejecting LHA tenants Permalink: Landlords miss out by rejecting LHA tenants by Gill Montia Recent research from lettingaproperty.com shows that 14% of those searching the rental website were unemployed, with 8% claiming Local Housing Allowance (LHA). A snapshot of prospective tenants also revealed that 77% were in full-time employment; 4% in part-time work; 4% ... (more...) February 23, 2010 Lettings agents’ terms bound by High Court order Permalink: Lettings agents’ terms bound by High Court order by Gill Montia The Office of Fair Trading (OFT) has secured a final High Court order against lettings agent, Foxtons. The move prevents the firm from using certain terms relating to sales and commissions in its agreements with landlords. The watchdog has also written ... (more...) February 22, 2010 Criminal gangs seek gullible landlords Permalink: Criminal gangs seek gullible landlords by Gill Montia Criminal gangs don't make the best tenants, LetAssured UK warns as privately-rented properties across the country continue being targeted by brothel and drug factory operators. The firm's managing director, David Plaister, points out: “If they are caught it is not the criminal ... (more...) February 18, 2010 Paragon brokers positive on 2010 mortgage lending Permalink: Paragon brokers positive on 2010 mortgage lending by Gill Montia Paragon Mortgages is predicting a 7% rise in mortgage lending during the early months of 2010 (compared to the previous quarter), having consulted its brokers. The buy-to-let specialist's Financial Adviser Confidence Tracker index has now been in positive territory for four ... (more...) February 17, 2010 CML opposes buy-to-let lending regulation Permalink: CML opposes buy-to-let lending regulation by Gill Montia The Council of Mortgage Lenders (CML) has come out against Financial Services Authority regulation of buy-to-let lending, on the grounds that this sector of the UK mortgage market essentially involves commercial transactions with an investment dimension. Responding to government proposals, the Council argues ... (more...) February 14, 2010 Stamp duty concession pushes rents down Permalink: Stamp duty concession pushes rents down by Gill Montia LSL's latest buy-to-let index shows yields on residential property falling to an average 4.75% in January, their lowest level since August 2008 and down 2% on September of last year. According to the lettings agent network, rents fell 0.5% last month as ... (more...) February 12, 2010 No let up in regulation for landlords Permalink: No let up in regulation for landlords by Gill Montia Landlord Assist has something to say about the level of regulation (existing and proposed) in the buy-to-let sector. The eviction and rent recovery specialist has spoken out regarding new measures outlined recently by housing minister, John Healey. Mr Healey wants to ... (more...) Buy-to-let lending needs credit flow not regulation Permalink: Buy-to-let lending needs credit flow not regulation by Gill Montia New figures from the Council of Mortgage Lenders (CML) have prompted the National Landlords' Association (NLA) to express concerns over the imminent regulation of buy-to-let lending by the Financial Services Authority. Yesterday, the CML reported that new buy-to-let lending increased ... (more...) February 11, 2010 Buy-to-let lending up for 2nd consecutive quarter Permalink: Buy-to-let lending up for 2nd consecutive quarter by Gill Montia New buy-to-let lending increased for the second consecutive quarter in the final three months of 2009, according to the Council of Mortgage Lenders (CML). There were 25,800 new loans advanced, up from 23,700 in the previous quarter but down from 38,000 ... (more...) February 10, 2010 Lettingsearch.co.uk launches new services Permalink: Lettingsearch.co.uk launches new services by Gill Montia Lettingsearch.co.uk says it has enhanced its website with a host of "unique and valuable new services". The rental-only property portal has based its new offerings on agent feedback and now provides weekly key statistics, which give agent-specific information on the volume of landlord and ... (more...) Landlord confidence tainted by arrears and finances Permalink: Landlord confidence tainted by arrears and finances by Gill Montia Upad is claiming that the bulk of landlords are continuing to feel more positive about the UK rental market. The lettings agent's latest Rental Confidence Index suggest 57% were more optimistic about the buy-to-let sector in February 2010, compared to January. However, ... (more...) February 9, 2010 An excellent time to enter the lettings market Permalink: An excellent time to enter the lettings market by Gill Montia Since the start of the year, demand for rental accommodation has outstripped supply in parts of Sussex, Hampshire, Surrey, Hertfordshire, Berkshire, Buckinghamshire and Dorset. According to Leaders, which has 42 branches across the counties, there is high demand for all ... (more...) February 8, 2010 UK rental market primed for growth Permalink: UK rental market primed for growth by Gill Montia HomeLet has reported a surge of optimism among UK lettings agents. The tenant referencing and rent guarantee firm believes agents are more positive about the future of the rental market than they were less than a year ago, despite the continued lack ... (more...) Government hints at concessions for institutional landlords Permalink: Government hints at concessions for institutional landlords by Gill Montia The Government has published a consultation document entitled "Investment in the UK Private Rented Sector" which indicates that stamp duty concessions could be introduced to encourage institutional investors to become landlords. Ministers see private rental accommodation as playing "a critical role ... (more...) February 5, 2010 Government measures to support tenants “impractical” Permalink: Government measures to support tenants “impractical” by Gill Montia Landlord Assist has described the Government’s proposals on transparency in the private rental sector as “impractical”. The eviction and rent collection firm is sceptical about new measures aimed at helping and protecting tenants, such as a tenant advice hotline and a website ... (more...) Tenants keen on landlord feedback website Permalink: Tenants keen on landlord feedback website by Gill Montia A survey conducted by Upad.co.uk claims to reinforce the need for measures contained in a government consultation paper entitled "The Private Rented Sector". The proposals, which focus on practical help and protection for tenants, include a new housing hotline; a "trip adviser" ... (more...) Landlords more likely to evict tenants in arrears Permalink: Landlords more likely to evict tenants in arrears by Gill Montia Landlord Assist is wary of recent figures claiming that fewer tenants are being evicted. Last week, easyroommate.co.uk reported that tenant evictions in England and Wales have fallen by 11%. The online flat-share specialist claimed that evictions peaked in the twelve months ... (more...) « Previous Page — Next Page »	Latest News: Deposit protection required for tenancies of £25,000 plus HMRC embarks on capital gains tax sweep Tenant Services Authority receives new powers Mortgage lending sees marginal rise in February Landlords benefit as first-time buyer house prices rise Pension plight unrelieved for British ex-pats New guide for novice landlords DCLG: House prices 6.2% higher in January on year Rising rents push returns to two-year high Asking prices up just 0.1% in March Most Read News Today: Deposit protection required for tenancies of £25,000 plus Property prices are 10 times salary Overseas property investment â€“ a safe option Mortgages most expensive for 16 years HMRC embarks on capital gains tax sweep Tenant Services Authority receives new powers How to Extend Your Flat Lease Mortgage lending sees marginal rise in February Landlords benefit as first-time buyer house prices rise Rising rents push returns to two-year high 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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Government proposals for landlords “unrealistic”

Flat sharing back in vogue

NLA welcomes High Court ruling on Foxtons case

Landlords miss out by rejecting LHA tenants

Lettings agents’ terms bound by High Court order

Criminal gangs seek gullible landlords

Paragon brokers positive on 2010 mortgage lending

CML opposes buy-to-let lending regulation

Stamp duty concession pushes rents down

No let up in regulation for landlords

Buy-to-let lending needs credit flow not regulation

Buy-to-let lending up for 2nd consecutive quarter

Lettingsearch.co.uk launches new services

Landlord confidence tainted by arrears and finances

An excellent time to enter the lettings market

UK rental market primed for growth

Government hints at concessions for institutional landlords

Government measures to support tenants “impractical”

Tenants keen on landlord feedback website

Landlords more likely to evict tenants in arrears

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