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Have You Got Permission To Let?


Wednesday, December 31, 2014

Some UK Landlords still operating without permission to let from mortgage lenders There has been an upsurge in the number of UK private rental sector landlords taking advantage of the continuing strong tenant demand. However, there are still some landlords, without buy to let mortgages, who are failing to ensure they have obtained the right [...]


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1 in 4 UK Landlords Don’t Have Correct Insurance


Tuesday, September 24, 2013

The UK buy-to-let market is currently thriving, however new research by AXA Business Insurance has revealed that thousands of UK landlords have left themselves and their tenants exposed through lack of adequate insurance protection and many have very little financial back up should the worst happen. Data from the AXA Business Insurance survey suggests that [...]


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Reluctant Landlords Avoiding Insurance


Tuesday, January 29, 2013

When the financial crisis started in 2007/8, mortgage lending in the UK almost stopped because mortgage lenders became wary of the toxicity of sub-prime mortgage loans and raised their lending criteria to unprecedented and highly restrictive levels, virtually killing the UK property market. This meant that empty properties became financial millstones for many people who were unable [...]


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Accidental Landlords Expanding Buy-To-Let Profits


Wednesday, September 19, 2012

According to data from the National Landlords Association (NLA) only 57% of current landlords deliberately set out to enter the UK Buy-To-Let market. Many property owners became “reluctant” or “accidental” landlords in unexpected ways, often due the inability to sell property because of the recession and the perceived crash of the UK property market. However, [...]


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North-South Mortgage Divide


Monday, April 23, 2012

Negative equity is not a situation that many professional landlords with Rent Guarantee insurance and good rental yields has to worry about, but for many new or “reluctant” landlords forced to rent out their former homes in order to keep the mortgage paid, it can be a real problem. UK Buy To Let landlords and [...]


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Mortgage Lenders Wary Of Accidental Landlords


Monday, April 16, 2012

The rise in numbers of accidental landlords has accelerated over recent years but now mortgage lenders are beginning to clamp down on the practice. The National Landlords Association (NLA) said the number of would be vendors forced into letting their properties because they were unable to find a buyer has now risen to 7%, (up [...]


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Reluctant Landlords Claim Ignorance Over Responsibilities


Thursday, April 12, 2012

A large number of private residential properties are being rented out to tenants because the owners have moved out but found it difficult to sell the property on. In fact, according to the Association of Residential Letting Agents (ARLA), many people are choosing to rent out homes they cannot sell. This has led to an [...]


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