Single Let Landlords Suffer Increased Void Periods And Rent Arrears

Wednesday, August 8, 2012

An alarming number of small scale landlords, owning just a single rental property, who are experiencing increased void periods and growing rent arrears has doubled since the first quarter of 2012, according to research carried out by leading market research company, Business Development Research Consultants (BDRC Continental). The results of the BDRC Continental survey show [...]

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Direct Payments For Landlords – Please Sign The e-Petition

Monday, July 9, 2012

Under the next wave of welfare reforms, new rules set to be introduced next year, mean that the housing benefit allowance of the new Universal Credit system, will not be paid directly to landlords. Instead the Government proposes that all payments will be paid directly to tenants, even if they are vulnerable or in arrears! [...]

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More Than 100,000 Tenants In Arrears

Friday, July 6, 2012

The number of tenants finding themselves in severe financial difficulty has climbed by 8% in the second quarter of 2012. Over 7,000 more tenant’s, are over two months in arrears, than there were in the first three months of 2012, according to the latest Tenant Arrears Tracker by chartered surveyors Templeton LPA. In the second [...]

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5x The Competition For Rented Property

Friday, November 25, 2011

Demand for UK Rental Property continues to soar, with lettings agreed within a record low of 12.7 days and up to 5 tenants competing for each private sector (PRS) rental property. Since the beginning of 2011 there has been a significant increase in tenant demand for private rented sector property. UK residents are adopting the [...]

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Rise In Malicious Damage To Rental Property

Wednesday, November 23, 2011

Being a landlord in the UK is a very desirable financial position that many people would like to be in. Some tenants even think that landlords are made of money, not realising that Buy To Let is a business. The landlord is a businessman and the property is his income source. However, most landlords will [...]

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Landlords Positive Outlook

Friday, November 11, 2011

Landlords are increasingly positive about the buy-to-let market in the UK, according to an annual Private Rented Sector (PRS) Survey. The data makes interesting reading for any pundit who has cast doubt on the future of Buy-To-Let in the UK, but it does show that landlords are prepared to shop around in order to keep [...]

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Welfare Reform Is Bad News For Landlords And Tenants

Tuesday, November 8, 2011

UK landlords could soon be forced out of the Local Housing Allowance (LHA) market by the Government cap on housing benefit payments. 77% of UK landlords who currently accept tenants claiming benefits are already planning to, or are actively taking steps to reduce their involvement with DSS/LHA tenancies because they are physically unable to afford [...]

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Are you a landlord looking to grow your portfolio?

Friday, August 12, 2011

Recent reports by the Association of Residential Letting agents (ARLA) indicate a surge in the number of properties snapped up by landlords in the past year. ‘Good news!’ we cry at Legal 4 Landlords. With demand still far outstripping supply, it makes sense to invest in property at the moment. Rents are going up and [...]

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Blackpool landlord fined a ‘big one’

Monday, June 27, 2011

A Blackpool landlord will be regretting his decision to illegally convert one of his properties into flats after the courts issued a bill of more than £6000 last week. The case acts as a warning to other landlords who choose to ignore local authority rules. Officers at Blackpool Council discovered a house owned by Brendan [...]

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Rents rise again in April but rent arrears climb

Wednesday, May 25, 2011

Latest Landlord News by: Madalena Penny Rents increased again in April, according to latest data captured by LSL property services.  In their most recent Buy-to-Let Index, LSL recorded a 0.8% rise across average rents in England & Wales, a rise averaging out at £692 per month for a typical property. As you would expect, London [...]

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