Mortgage Express loan book sale by UKAR?
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It has been reported that Blackstone Group LP and Prudential Plc have been selected as the preferred buyers of Bradford and Bingley, which includes Mortgage Express, by the government owned UK Asset Resolution (UKAR). The acquisition by Balckstone and the Pru insurers is for £12.5 billion of mortgage lending of which 70% is Buy to… Read more
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Landlord Events – Free Promotion
We are seriously looking into adding an events calendar to Property118 and want to trial this before investing too heavily into additional software. If you host events and want to reach our members there is better online exposure available than via Property118. Just look at our growth of unique visitor stats over the last five… Read more
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Letting Agent Jailed for Fraud “Abuse of Position”
Mark Procter, director of Kirby Property in Cambourne, Cambridgeshire, was sentenced to three years and four months for fraud at Cambridge Crown Court on Friday. Procter gradually siphoned off tenants’ £140,000 of tenants deposits throughout 2014 and 2015 to pay for divorce proceedings and luxury holidays, the court heard. Since the case it has been… Read more
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London far from costliest place to rent…
San Francisco is the most expensive place in the world to rent a home, new research from Nested, an online house sales agency says. San Fransico came top of Nested’s 2017 Rental Affordability Index with a single let costing £1670 per month and a family let costing £3167. The comparable London prices were £964 and […]
… LandlordZONE.
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The Landlords Union Seeks Volunteers
This is a picture of our latest promo leaflet. Would you be willing to help us by handing them out at landlord events you are planning to attend please? We don’t mind whether you stand at the door and hand them out as people arrive or leave them on chairs. Naturally, it would be the… Read more
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Mortgages: Keep calm and carry on
Doug Hall tells landlords to stay confident as sweeping changes come into force this year. Last years’ New Year article started with the statement, “well what a year it has been for the buy-to-let market”. I thought 2015 was filled with unprecedented change, but fast forward yet another 12 months and many landlords – still […]
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What Makes a Great Holiday Let
Purchasing a holiday let can be a very rewarding and enjoyable endeavour. In this article we outline five things to consider when purchasing a holiday let, that will increase both bookings and your potential rental income. 1. What Makes a Great Holiday Let UK Holiday lets are becoming an increasingly popular choice for families and… Read more
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DIY inventories putting landlords at risk…
Landlords are increasing their risk of tenant deposit disputes as a result of DIY inventory reports, according to Imfuna, developer and provider of digital inventory report app Imfuna Let. Landlords who carry out their own inventories often lack sufficient detail to provide evidence in the event of a dispute. Often, there are not enough detailed […]
… LandlordZONE.
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MEES guidelines out & worth the wait
On 23rd February 2017 the Department for Business, Energy and Industrial Strategy (BEIS) published the guidance for landlords and enforcement authorities on the minimum level of energy efficiency required to let non-domestic property under the Energy Efficiency (Private Rented Property) (England and Wales) Regulations 2015. This long awaited guidance details the requirements against which compliance […]
… LandlordZONE.
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Additional Licensing Starts in Lewisham
The London Borough of Lewisham has announced that it is going ahead with their new Additional Licensing scheme. The scheme, which started on 11th February, will operate for five years until 10th February 2022 and is borough wide. The scheme applies to HMOs above commercial premises. This includes flat shares with three or more unrelated […]
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