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Landlords Risk Increasing Rent Arrears


Tuesday, January 14, 2014

Rent Guarantee Insurance Reduces Arrears Risk Private rented sector landlords who don’t use Rent Guarantee Insurance are at increased risk of suffering tenant rent arrears, as rent debt becomes the fastest growing debt problem in the UK according to one charity – The Money Advice Trust. The charity claims that the number of private rented sector [...]


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Landlords Still Concerned Over Impact Of Universal Credit


Tuesday, June 18, 2013

  UK landlords are concerned about the impact Universal Credit will have on the private rented sector 70% of landlords who currently let rental property to tenants claiming housing benefits are worried the welfare reforms will have a negative effect on their business, according to the National Landlords Association (NLA). 75% of Landlords with larger [...]


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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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Tenant Evictions Increase


Friday, October 26, 2012

More PRS tenants are struggling with rent arrears The latest UK Court Statistics released by the Government continue to indicate a steady rise in the number of claims for possession by landlords that have resulted in orders for tenant eviction being made. The continued rise in severe rent arrears have lead to more than 25,000 landlords making successful [...]


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Tenant Evictions Up 12%


Thursday, August 30, 2012

Massive rise in tenant eviction orders as landlords are forced to get tough causing outcry from homelessness charity Crisis. Over the last three years there has been a 70% rise in court orders for the eviction of tenants in the UK Private Rented Sector (PRS). Homeless charity Crisis set about analysing figures released by the [...]


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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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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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Over Half Of UK Landlords Can’t Afford To Rent To Benefit Tenants


Friday, May 25, 2012

The National Landlords Association (NLA) have disclosed that more than half of its landlord members are unable to rent their properties to tenants claiming housing benefit because they can’t afford to allow their properties to be rented at reduced rates, due to the rate caps imposed on the Local Housing Allowance (LHA). The NLA found [...]


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Property Repossession Fear Increasing


Monday, January 30, 2012

UK Property Repossessions are forecast to increase 22% in 2012 Economists expect the recession and rising unemployment to squeeze the already stretched household finances of thousands of struggling families this year and are warning UK homeowners and landlords of a sharp rise in residential property repossessions. Record low Bank of England (BoE) interest rates and [...]


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Property Investors Urged To Be Selective!


Friday, January 27, 2012

Property investors are being urged to thorough research in order to be very selective about the areas they choose to purchase investment property in during 2012. Poor returns from savings and the continuing strong demand for rental property will be the driving factors behind an increase in property investment in the UK buy to let [...]


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