Property118.com News Team

Rental Fraud up by 92%

Rental Fraud up by 92%...

The Office of National Statistics reported rental fraud has increased by 92% over the last two years. The total cost per year of rental fraud now comes to £755 million per year, and on average it costs...

Letting Industry Pays Tribute to Northwood MD Nick Cooper

Letting Industry Pays Tribute to Northwood MD Nick Cooper...

Tributes from across the lettings industry have been flooding in following the death of Northwood Managing Director, Nick Cooper, who peacefully passed away on Thursday 22 August. Nick, aged 50, was diagnosed...

The Property Ombudsman code of practice aproved by The Trading Standard Institute

The Property Ombudsman code of practice aproved by The Trading...

The Property Ombudsman (TPO) has now become the first property organisation to have a Code of Practice approved by The Trading Standard Institute (TSI) under their Consumer Code Approval Scheme. As a member...

Rightmove report holiday season price drop

Rightmove report holiday season price drop...

Rightmove report a drop in August of 1.8% (-£4,459) in new sellers’ asking prices, which is the first monthly fall recorded in 2013. However the recovering market means the traditional holiday season...

Rent arrears stats are improving says the NLA

Rent arrears stats are improving says the NLA...

According to the latest research from the National Landlords Association (NLA), incidences of arrears have fallen to their lowest level for over two years. 39 per cent of landlords have experienced instances...

Light Refurb alternative – Bridge to Let

Light Refurb alternative – Bridge to Let...

The Mortgage Works have withdrawn their popular and industry leading Light Refurb product, which allowed a property to be financed using a Buy to Let mortgage even though it required a small amount of...

Mezzanine Finance for Developers

Mezzanine Finance for Developers...

(By Malcolm Jones of Brooklands Commercial Finance) Despite the Banks recent profit announcements, Developers are still being frustrated by their continued reluctance to lend. When Banks are prepared to...

NLA warns landlords of “no win no fee” deposit protection lawyers

NLA warns landlords of “no win no fee” deposit protection...

Speaking recently on BBC Radio 4 Carolyn Uphill, Chairman of the National Landlords Association (NLA) warned landlords to ensure their tenants’ deposits are properly protected and that they’ve fully...

Landlords Calculator – Now even easier to use!

Landlords Calculator – Now even easier to use!

Our Landlords Calculator is a very easy to use, you don’t need to download any extra software whatsoever. It allows you to analyse returns and other important numbers relating to any residential...

CML reports 26% growth in Mortgage Lending

CML reports 26% growth in Mortgage Lending...

The Council of Mortgage Lenders CML reports that total gross mortgage lending increased to £15 billion in June, which is 2%  more than £14.7 billion in May this year and 26% higher than the total of...

BuytoLet Remortgage rates best since the credit crunch

BuytoLet Remortgage rates best since the credit crunch...

The prevailing mood in the BuytoLet remortgage world over the past three or four years has been “Rates are high; criteria are being squeezed; fees are high” – so it’s not been considered financially...

Private Rented Sector Review – Conclusions and recommendations

Private Rented Sector Review – Conclusions and recommendations...

The Private Rented Sector Review conclusions and recommendations published by the Communities and Local Government Committee: Simplifying regulation 1.  We recommend that the Government conduct a wide-ranging...

Private Rented Sector Review – Summary

Private Rented Sector Review – Summary...

The Private Rented Sector Review summary published by the Communities and Local Government Committee: The private rented sector has seen sustained and consistent growth in recent years. A structural change...

NLA report on the Private Rented Sector Review

NLA report on the Private Rented Sector Review...

Looking at the House of Commons Communities and Local Government Select Committee’s Report on the Private Rented Sector Review, Richard Lambert, Chief Executive Officer of the National Landlords Association...

NUS also report on The Private Rented Sector Review

NUS also report on The Private Rented Sector Review...

The National Union of Students (NUS) has welcomed The Private Rented Sector review from the Communities and Local Government Select Committee on which has set out a series of proposals to correct serious...

Client Money Protection cover now available to all Agents

Client Money Protection cover now available to all Agents...

The Property Ombudsman (TPO) scheme has pushed on behalf of the Lettings industry to make Client Money Protection cover (CMP) available to all UK lettings agents. Up until this month, CMP cover was only...

NAEA report 14 percent rise in house hunters

NAEA report 14 percent rise in house hunters...

The latest figures from the National Association of Estate Agents NAEA housing market report revealed another monthly increase in the average number of sales made by NAEA members. Average sales increased...

Paul Shamplina and Landlord Action on BBC1 Thursday

Paul Shamplina and Landlord Action on BBC1 Thursday...

BBC1 Thursday 18th July, 10:30pm: Meet The Landlords. This is a documentary about property in hard times with tenants in difficulty, some landlords enjoying the boom, some in trouble, and Landlord Action...

Rightmove doubles 2013 forecast for house prices

Rightmove doubles 2013 forecast for house prices...

Rightmove doubles 2013 forecast for house prices as it reports ‘aggregation of marginal gains’ fueling a predicted 4.8% annual growth. There have been seven monthly rises on the trot and two consecutive...

TPO report on impact of Consumer Protection Regulations on Agents

TPO report on impact of Consumer Protection Regulations on Agents...

In The Property Ombudsman’s (TPO) first Interim Report for 2013, Christopher Hamer focuses on the impact of the Consumer Protection from Unfair Trading Regulations 2008 (CPRs) for the day-to-day business...

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Thursday 14th July 2011

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