Browsing all articles from June, 2017
Jun
22

Is Buy-to-Let investment better than a pension?

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Buy-to-Let v Pensions: The Government’s recent tax hikes and tougher criteria for mortgage lending have hit the buy-to-let market heavily, but according to Armistead Property, over the long term, the right property investment can provide an enviable pension pot. There are plenty of reliable surveys that show that despite the property market being more risky than […]

LandlordZONE.

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Jun
22

Hamilton Fraser acquires Landlord Action

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HF Resolution Ltd, a subsidiary of Hamilton Fraser, has acquired one of the industry’s leading tenant eviction solicitor firms, Landlord Action Limited. Landlord Action was founded in 1999 as the first ever fixed-fee tenant eviction service. Led by Founder Paul Shamplina, Landlord Action has since acted in more than 35,000 problem tenant cases, become a… Read more

The post Hamilton Fraser acquires Landlord Action appeared first on Property118.com.

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Jun
22

Stamp duty liability on primary residence for unmarried couple about to separate

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I am a landlord and I have been living with my partner in the same jointly owned property for 13 years. We are now separating and she is happy for me to take over the property as I have been paying for it for the past 13 years anyway. My current mortgage lender has done… Read more

The post Stamp duty liability on primary residence for unmarried couple about to separate appeared first on Property118.com.

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Jun
22

Is this conspiracy to commit fraud?

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I used a sourcing company to source me a newbuild flat. I was given assurances by the sourcing company that the property would be “mortgagable” before I exchanged contracts. The properties have now been built, however, we have been unable to obtain finance. We have used the in-house mortgage broker, as recommended by the sourcing… Read more

The post Is this conspiracy to commit fraud? appeared first on Property118.com.

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Jun
22

TPO annual report shows awards instructed by agents to pay exceeded £1 million for the first time

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Today (3.30pm), at the House of Lords, The Property Ombudsman (TPO) launches its latest annual report, which reveals an increase in the number of formal complaints resolved by the scheme and a record total of compensatory awards paid by agents. Property Ombudsman, Katrine Sporle, will announce that the overall number of awards TPO instructed agents… Read more

The post TPO annual report shows awards instructed by agents to pay exceeded £1 million for the first time appeared first on Property118.com.

View Full Article: TPO annual report shows awards instructed by agents to pay exceeded £1 million for the first time

Jun
22

West Brom AGM 2017 – chance to vote against management

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I was one of the many on Property118 who joined the valiant battle in Court (well done Mark and Mark!) to recover the illegally taken additional interest on BTL loans (they had raised the margin over the BOE base rate on what were advertised as “tracker loans”.  Today in the post came the info pack… Read more

The post West Brom AGM 2017 – chance to vote against management appeared first on Property118.com.

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Jun
22

‘Buy to leave’ not what it seems…

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Foreign Buyers, London: The so called Buy-to-Leave phenomenon is a myth, suggests recent research by the London School of Economics (LSE). The claim that thousands of homes in London are bought by foreign buyers, only to be left empty, is brought into question by this latest study after the LSE report, commissioned by the new […]

LandlordZONE.

View Full Article: ‘Buy to leave’ not what it seems…

Jun
21

Iain Duncan Smith Has Spoken Out For Landlords

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On Sunday 18th June 2017, Iain Duncan Smith was quoted by the Sunday Telegraph as saying …. “Finally, it is time to look again at the way we treat private landlords who buy houses to rent. George Osborne’s decisions to impose a stamp duty levy on the purchase of homes to rent, to restrict mortgage… Read more

The post Iain Duncan Smith Has Spoken Out For Landlords appeared first on Property118.com.

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Jun
21

Vital safety checks urged in wake of Grenfell Tower tragedy

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The government has approached the RLA to contact landlords, owners and managers of PRS blocks throughout England in the wake of the Grenfell Tower blaze. The association was contacted by the Department for Communities and Local Government to share vital information with members following the devastating fire. In a letter Melanie Dawes, permanent secretary for […]

The post Vital safety checks urged in wake of Grenfell Tower tragedy appeared first on RLA Campaigns and News Centre.

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Jun
21

Call of the week – deposit management

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One of the most common topics we handle in the Landlord Advice Team is the issue of deposits. Landlords often complain to us that, after spending a lot of time preparing evidence for adjudication, they end up receiving very little back to cover their losses. Despite the adjudication process being more than 10 years old, […]

The post Call of the week – deposit management appeared first on RLA Campaigns and News Centre.

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