Insurance if the seller is a fraudster ?
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Does anyone know of an insurance policy that a buyer can purchase to safeguard against the unlikely though catastrophic event of a fraudster pretending to be the seller of a property and the sale goes through to completion. To be clear, the protection I’m seeking is for the would-be buyer, not the legitimate property owner… Read more
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New lenders streamline processes and competition for Property Developers
It is estimated that around 300,000 new homes need to be built every year to satisfy the pent up demand that has been growing in the market for over a decade. Our population has and is increasing and the gap between supply and demand is ever widening. With Article 50 about to be triggered and… Read more
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How to Let to Students
Letting to Students: Most students are looking for comfortable accommodation they can share with their friends. They want convenience (close to their learning centre) and above all, good value. Provide good quality accommodation and be competitive on price by researching the local market, and try to keep your price just below the competition – you […]
… LandlordZONE.
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Packaged bank account costs?
I’d imagine there’s a really obvious answer to this question, but, I have a separate bank account just for a rental property I have. If I change this account to a packaged bank account for £10 a month. (that gives me travel insurance, breakdown cover etc) Can I offset this £10 against the rental income… Read more
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RLA vice-chair addresses Lords committee
RLA vice-chair and director for Wales Douglas Haig has appeared before a House of Lords committee answering questions on the impact of the Government’s Making Tax Digital plans. Douglas appeared before the House of Lords Economic Affairs Sub-Committee, which was looking at the Draft Finance Bill for 2017, earlier today. He told the committee that […]
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Landlords to share views on White Paper with Housing Minister
Housing minister Gavin Barwell is currently on a regional tour, asking the property industry what it thinks of the new Housing White Paper, published earlier this month. The minister will be meeting landlords, letting agents, local authorities, developers, housing associations and estate agents to find out what they think of the document. The RLA criticised […]
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Straw poll on Mortgage renewal options?
I have been given these options for the renewal of the mortgage on one of the BTL properties I have. I thought I would put it out for suggestions from the forum members:- (A) Product (B) Loan Amount (C) Property Value (D) Interest Rate (E) Monthly Payment (F) Product Fee (added) (G) Valuation (H) Legal… Read more
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Referral fees for passing on deals?
I keep spotting potential deals that I don’t want to take on myself (various reasons such as out-of-patch, already committed, slowing down etc), and would love to package them up and pass them on to investors, for a referral fee each time. This would build my own cash pot for deals that do tick all… Read more
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Freeholder not doing repairs for 5 years, flat now uninhabitable
Bought a flat over 5 years ago in 2011 for son to live in whilst at uni, flat suffered damp problems which got progressively worse and were reported to managing agents numerous times by phone and email. It took the then managing agents nearly 2 years to get quotes for repairs and section 20 to… Read more
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Charity project awarded lottery funding
A charity project promoting equality and diversity in the Welsh PRS, to be delivered by the RLA, has been awarded a £249,425 lottery grant. The grant was awarded to Tai Pawb to set up and run the Open Doors project, a two year scheme to provide tenants from minority groups, landlords and letting agents in […]
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