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Plan Ahead To Avoid The Pitfalls Of Being A Landlord


Tuesday, February 10, 2015

Planning Ahead Means Landlord Life Isn’t All That Bad The BBC showed an interesting insight into being a landlord, on the 2nd February 2015, as part of its ‘Inside Out’ series. The programme focused on landlords who had fallen into difficulties after building property portfolios using Buy To Let mortgages in order to try to provide [...]


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Benefit Tenants Are Good For Landlords


Wednesday, February 19, 2014

Rent Protection Insurance Useful For UK PRS Landlords Following the news story that broke in January about Fergus Wilson giving notice to over 1000 benefit tenants in his rental property portfolio in Kent, because he was fed up with tenants living in permanent rent arrears, more landlords are following his lead. Thousands of UK private [...]


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Buy-To-Let Property Investment Increasing


Thursday, May 23, 2013

Disgruntled savers who refuse to continue to suffer dreadful interest rates offered by banks are turning to buy-to-let property to provide very lucrative returns. Property investment in the UK is increasing and more and more people are becoming aware of the potential profitability of letting out decent standard rental property to tenants who want somewhere to live. [...]


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Landlords Avoiding Benefit Tenants


Thursday, February 7, 2013

There has been a general slump in the number of private landlords in the UK who are willing to take applications from people on benefits and local authorities are being warned that they need to take action. As previously reported, http://blog.legal4landlords.com/welfare-reform-is-bad-news-for-landlords-and-tenants , there is now a significant fall in the number of landlords even willing [...]


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Evictions Soar As Property Owners Struggle With Payments


Thursday, January 10, 2013

Millions of property owners and tenants renting property in the Private Rented Sector (PRS) are resorting to extreme measures including high interest pay day loans to avoid eviction as well as trying to make ends meet after falling behind on monthly housing payments. According to a new report by homelessness charity Shelter, nearly 8 million [...]


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Universal Credit Debate Rages On


Monday, September 17, 2012

Universal Credit Creates Rent Arrears Storm A parliamentary debate held earlier this month (September) saw MPs from both sides of the house getting a little hot under the collar, arguing about how payment of the new Universal Credit benefit, due to be introduced next year, should be made. Universal credit is set to take over from Local [...]


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Universal Credits Will Be A Risky Business For Landlords


Friday, July 20, 2012

The proposed Universal Credit system due to be introduced in April 2013 is set to replace existing benefits, including housing benefit, will put thousands of social (council and housing associations) and thousands more Private Rental Sector (PRS) landlords at a much higher level of financial risk. The current system of Local Housing Allowance (LHA) or [...]


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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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Universal Credit Scrap Direct Payment For Landlords


Tuesday, July 3, 2012

A landlord’s right to receive direct rent payments from a local authority for tenants in receipt of Local Housing Allowance (LHA) or Housing Benefit (HB) will be scrapped under the proposed new Universal Credit (UC) benefit system. Therefore it is widely predicted that even more landlords will potentially withdraw from the LHA market as there [...]


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