Browsing all articles from June, 2017
Jun
30

Dangerous Electrical Appliances following Grenfell Tower fire

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Safety Notice: The Residential Landlords Association (RLA) has put out a warning notice to its members advising them the check on their appliances – white goods – following the unprecedented fire at Grenfell Tower in London. Police have now confirmed that a Hotpoint FF175BP fridge freezer was the initial cause of the fire which destroyed […]

LandlordZONE.

View Full Article: Dangerous Electrical Appliances following Grenfell Tower fire

Jun
30

Are you servicing your clients and their tenants as well as you could be?

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Letting agents have received some bad press over recent years, whether it be failure to follow legislation correctly or losing tenant or landlord funds. While this is occasionally purposefully fraudulent activity, it can be also be attributed to an agents failure to understand the law or making simple administrative errors. Although it is the landlord […]

The post Are you servicing your clients and their tenants as well as you could be? appeared first on RLA Campaigns and News Centre.

View Full Article: Are you servicing your clients and their tenants as well as you could be?

Jun
30

Disputes with contractors and eye watering debt collection fee?

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Dear 118 Readers and Team, I’ve got an on going issue with a window contractor who overhauled the sash windows on a listed property we rent out, being listed means no UPVC so we upgraded the existing to be as efficient as they could be. Total job came to over £10k. However, I have an… Read more

The post Disputes with contractors and eye watering debt collection fee? appeared first on Property118.com.

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Jun
30

The rise in popularity of the serviced apartment

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In today’s age, our requirements are constantly changing and individuals are increasingly requiring flexibility with regards to their travel accommodation. Hotels have restricted offerings that cannot always accommodate the needs of the modern traveler, hence why more people are considering serviced apartments. Serviced apartments – the concept Serviced apartments are a relatively recent phenomenon. They… Read more

The post The rise in popularity of the serviced apartment appeared first on Property118.com.

View Full Article: The rise in popularity of the serviced apartment

Jun
30

National Landlord Investment Show at Olympia on 15 June attracted record numbers of visitors amid praise from industry

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National Landlord Investment Show returned to London for its flagship show and its 48th to date on Thursday 15 June at Olympia.

The show attracted an unprecedented of landlord and investors and those looking to get into property in investment – all looking to meet suppliers and experts in the field.

The event kicked off to a packed the Morning Networking Event before the exhibition hall opened to 100+ leading suppliers of buy-to-let services.

Hundreds of property investors and landlords visited the 40+ speaker sessions, part of the largest seminar programme to date.

The widely promoted Expert Property Panel featuring Iain Duncan Smith MP & David Smith, Economics Editor of the Sunday Times, drew in over 350 buyers and gained national coverage in the Sunday Telegraph and the Times newspapers regarding the discussions on Section 24 and landlord licensing and the lobbying to Iain Duncan Smith.

Also speaking as part of the panel were Carolyn Uphill

Chairman, National Landlords Association; Richard Bowser, Editor of Property Investor News; Tony Gimple, Less Tax for Landlords and Marie Parris Managing Director, George Ellis Property Services.

The panel was free to attend for visitors that register their interest online and is on a first-come, first-served basis.

Exhibitors

The packed exhibition hall featured host of leading suppliers of property investment, tax, legal, insurance and mortgage services.

Complimentary seminars

The four seminar theatres hosted 40+ speakers throughout the day who have unparalleled experience in the UK and overseas buy-to-let markets. Coverage included tax, mortgages, pensions, the eviction process and finance.

Registration for forthcoming Autumn shows in London, Sussex and Cardiff is complimentary at www.landlordinvestmentshow.co.uk

Those interested in the Morning Networking Event can indicate their attendance as part of their registration.

Exhibiting

Spaces are filling fast for remaining shows in 2017. Contact the team today to secure your preferred stand space on 020 8656 5065 or visit www.landlordinvestmentshow.co.uk/contact

About Landlord Investment Show
National Landlord Investment Show is the UK’s leading property investment exhibition, providing solutions, networking and advice for new seasoned and investors in the buy-to-let market. Established in 2013 and operating in property hotspots throughout the country, it has now run 48shows successfully, and has provided property investment solutions for over 21,000 landlords in the last 12 months alone.

The LI Media portfolio includes:

  • National Landlord Investment Show: comprising 11 shows in 2017, it attracted over 21,000 visitors in 2016, a growth of 31% since 2015. Exhibitor numbers have also grown to over 550 annually.

www.landlordinvestmentshow.co.uk

  • Landlord Investor Magazine is a subscription-based product available in both print and digital formats with 11 issues each year. It offers advice, features, and news, and helps property professionals keep up to date with essential industry developments.

Subscribe at www.landlordinvestmentshow.co.uk

LandlordZONE.

View Full Article: National Landlord Investment Show at Olympia on 15 June attracted record numbers of visitors amid praise from industry

Jun
30

State of the Market – Buy-to-Let (BTL) Britain report

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The sixth edition of Kent Reliance’s half-yearly (state of the market) Buy-to-Let (BTL) Britain report published June 2017 is a detailed analysis of the key trends in the UK private rented sector (PRS), and in particular the BTL mortgage market. Changes to the tax regime for buy-to-let property are leading to reduced confidence in the […]

LandlordZONE.

View Full Article: State of the Market – Buy-to-Let (BTL) Britain report

Jun
30

Will your property pass its licensing inspection?

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A total of 46 PRS homes in Liverpool have been found to be breaking licensing conditions, with 131 breaches uncovered. A controversial city-wide licensing scheme was introduced in April 2015 and requires every landlord to pay a licence fee for each of their rented properties. Inspections are carried out at random to ensure landlords are […]

The post Will your property pass its licensing inspection? appeared first on RLA Campaigns and News Centre.

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Jun
29

Sale of Freehold without Freeholders approval?

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I would appreciate your assistance on helping resolve the following issue. I do believe we will need to take professional legal advice and would welcome recommendations on who could help. A management Company was set up to buy the freehold of a block of 6 flats in 1999. Four owners of the flats purchased 100%… Read more

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Jun
29

Take control of your BTL mortgages

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Like building any business, establishing a successful property portfolio takes determination, knowledge and patience. Ironically, one of the challenges facing landlords is the mortgage brokering process that’s meant to serve them. It’s paper-based and often can’t keep up. As the residential mortgage sector is enjoying the benefits of online portals to streamline the process, it’s high time for landlords to receive similar benefits in the buy-to-let

Buy-to-let is a dynamic and rapidly growing market that’s still served by traditional mortgage brokers. It’s a low-tech world of paper form-filling, delays, unreturned calls and a very limited market view – with the last point exacerbated by the fact that most mortgage brokers work from a limited list of lenders, with commission potentially influencing their selections.

Research shows that landlords could save over £3000* a year per property by changing the makeup of their portfolio to take advantage of the best mortgage deals.  There are even further savings as Property Master does not charge application fees for standard mortgages.

And that’s not the only challenge facing brokers like you. Government tax changes like the 3% rise in stamp duty on additional properties are squeezing the rented sector. Now like never before, you need to be able to take advantage of innovative products to find the best deal. But more stringent regulations have given rise to ever more complex lending criteria and a bewildering array of new mortgages. Just when you need it most, a great deal is even harder to find.

And most brokers are still operating in the same way as they have for the last 2 decades.

Enter Property Master, the UK’s first online buy to let mortgage broker.

Regulated by the Financial Conduct Authority (FCA), Property Master allows private landlords like you to source and compare buy-to-let mortgages online. That means taking unprecedented control of your portfolio financing. It’s free to use and there are no application fees for standard mortgages.

Out go the forms and paperwork. In comes a dynamic portal where you can match your funding requirements against every BTL mortgage on the market across actual lending criteria.

You can run ‘what if’ scenarios, changing parameters such as rent, LTV and even switching to a limited company. At last you’re seeing a true whole-market view.

Once you find your ideal mortgage, you can apply on mobile, tablet or desktop with a single click and no need to re-enter details. The suggested mortgages are all pre-screened for acceptance – so you’re chasing real opportunities, not wild geese.

Property Master is completely independent. You’re presented with the best options based solely on your requirements with no influence from commission levels. With no application fees for standard mortgages, you save money, leverage further growth, and ultimately make the right decisions.

The system keeps working round the clock, sending you proactive alerts as offers change to your advantage. Property Master will even make unprompted suggestions to re-mortgage early if there’s a good enough deal and it’s right for your portfolio. How many traditional brokers do that?

And it’s completely free to use!

Individual buyers often aren’t getting the best deal in a complex system that has changed little since last century. It can be slow, frustrating and complex. We have built Property Master to revolutionise the way landlords are able to manage the finance behind their portfolio, putting them in full control of their investment”.

CEO and Founder of Property Master, Angus Stewart

Navigating the changing buy to let mortgage market needn’t be complicated. Property Master provides landlords with the tools they need to truly optimise and take charge of their finances.

A unique database that’s completely free to use

You can search for approved mortgage options which meet each lender’s complex lending criteria, based on your individual properties and circumstances.

Find out more. Visit Property Master at www.property-master.com and watch our short introductory video to discover a new approach to buy-to-let mortgages.

*For example Birmingham Midshire SVR at 75% LTV is 4.59% compared with 2.49% for a 2 year fix. For borrowing of £160,000 that works out at £3,360 per year. (Correct 18/05/17) Many landlords have more than one property multiplying the saving.

LandlordZONE.

View Full Article: Take control of your BTL mortgages

Jun
29

Liverpool named buy-to-let hotspot

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Liverpool has taken the crown as the UK’s top spot for buy-to-let rental yield. According to mortgage broker Private Finance, the city offers a rental yield of 8% for landlords after mortgage costs have been deducted. Its closest competitors were Nottingham at 5.6%, Coventry at 5.4% and Greater Manchester at 4.3%. According to the company […]

The post Liverpool named buy-to-let hotspot appeared first on RLA Campaigns and News Centre.

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