Property118.com News Team

New years resolution to save money on your Landlords Insurance

New years resolution to save money on your Landlords Insurance...

We can now GUARANTEE to beat any like for like landlords insurance renewal quote! January is a massive renewal date for many Landlords insurance policies. Do you know when your Landlords Insurance is due...

Universal Credit is not a debacle Parliament told by IDS!

Universal Credit is not a debacle Parliament told by IDS!

Mr Iain Duncan Smith the Work and Pensions Secretary, admitted to Parliament yesterday that the Universal credit system was not yet ready for couples who make a claim. This was after a storm on Sky News...

Daniel Burton from Unida Place Resurfaces

Daniel Burton from Unida Place Resurfaces...

Channel 4 TV have tracked down Daniel Burton of Unida Place in Scunthorpe. The self proclaimed “Rent to Rent Guru” vanished from London back in August this year leaving both landlords and tenants...

RBS accused of putting viable businesses into default to make a profit

RBS accused of putting viable businesses into default to make...

Vince Cable, the Business Secretary, has sent a report to City regulators concerning RBS deliberately putting “good viable” businesses into default so it could make more profit. This is nothing...

The Property Ombudsman launches code of practice for Buying Agents

The Property Ombudsman launches code of practice for Buying Agents...

The Property Ombudsman (TPO) is launching the Uk’s first Code of Practice specifically for the growing number of Buying Agents acting for consumers buying property in the UK. The Property Ombudsman...

Paying rent late will hit credit score

Paying rent late will hit credit score...

Of interest, I think, to fellow landlords; Experian expects to include 600,000 rental records by year-end of tenants who pay late, starting with social housing and expanding to all private rentals. Lenders...

Capita TDP to be taken over by MyDeposits

Capita TDP to be taken over by MyDeposits...

The Capita TDP (Tenancy Deposit Protection scheme) has been closed to accepting new deposits since the 14th of September this year. Capita a corporate giant and FTSE 100 company was only awarded the contract...

Should Landlords do immigration checks?

Should Landlords do immigration checks?

As it stands, this is precisely what the Government is planning to do by introducing an Immigration Bill to Parliament including a civil scheme to penalise leasing accommodation to illegal immigrants.

A well considered BuytoLet strategy is essential

A well considered BuytoLet strategy is essential...

Provision for regular investment into rental properties needs a well considered BuytoLet strategy. A sensible Rainy Day fund is essential and prudent investors will factor this in when purchasing their...

ONS report record average house price now £247,000

ONS report record average house price now £247,000...

The Office of National Statistics (ONS) have reported the average house price in Britain is now £247,000. This figure reported for August 2013 is 0.3% higher than the previous record in 2008. Year on...

Record levels of Bridging Finance used by Landlords

Record levels of Bridging Finance used by Landlords...

In the last year Landlords borrowed £640 million on Bridging finance for the purposes of Buy to Let. The use of Bridging Finance by Landlords has increased significantly in the last few months with a...

Rent to Rent Discussed on Radio 4 today in the next few minutes!

Rent to Rent Discussed on Radio 4 today in the next few minutes!

This Broadcast was meant to be last Wednesday but is instead being run today  between 12pm-1pm. Paul Shamplina, Founder of Landlord Action will be taking to the airwaves on BBC4’s You and Yours show,

Council of Letting Agents call for Scotland’s dangerous electrics to be outlawed

Council of Letting Agents call for Scotland’s dangerous...

The Council of Letting Agents has today called for better electrical safety standards in Scotland’s privately rented properties. Speaking at their inaugural conference, Council of Letting Agents...

Landlords Revolutionary Becomes Regulated

Landlords Revolutionary Becomes Regulated...

Landlord Action is the original UK eviction service for landlord and letting agents. Set up as the alternative to solicitors, it has just acquired status as an ABS. So it’s now approved and regulated...

Ed Miliband housebuilder land grab would face legal challenges

Ed Miliband housebuilder land grab would face legal challenges...

In Ed Miliband’s speech at the Labour Party conference he warned “We’ll say to private developers, you can’t just sit on land and refuse to build. We’ll give them a very clear...

Buy to Let Mortgages to remain legal announces EU

Buy to Let Mortgages to remain legal announces EU...

The Mortgage Directive, officially known as the ‘Credit Agreements Related to Residential Property Directive’ (CARRP) attempted to create a single regulatory framework which would govern all...

United Nations call for Bedroom Tax to be Axed

United Nations call for Bedroom Tax to be Axed...

The United Nations special investigator on housing Raquel Rolnik has said that the Bedroom Tax could constitute a violation of the human right to adequate housing. Rolnik, a former urban planning minister...

Key Property (UK) Ltd fined £47k for damp unlicensed HMO

Key Property (UK) Ltd fined £47k for damp unlicensed HMO...

A letting agent who rented out a damp, dangerous and dilapidated property received a hefty fine following a successful council prosecution.  Key Property (UK) Ltd of 47 Bell Road, Hounslow, who trade...

Letting agent regulation for Scotland – Scottish Government plans announced

Letting agent regulation for Scotland – Scottish Government...

Scotland’s newly formed Council of Letting Agents (CLA) steering group met for the first time yesterday.  The members of the group have been selected to represent Scottish Association of Landlords...

The National Audit Office criticise Universal Credit reforms

The National Audit Office criticise Universal Credit reforms...

The National Audit Office has crticised Universal Credit welfare reforms as being badly managed, overambitious and poor value for money including £34 million written off on failed IT. The spending watchdog...

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Thursday 14th July 2011

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