The Mortgage Misery that could affect over 1.5m UK Households

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It has recently been reported that according to the Financial Conduct Authority (FCA), there are 1.67 million homeowners in the UK on some form of interest-only mortgage. That accounts for over 17% of all borrowers.

Subsequently, many of these borrowers are at risk of not having enough money to pay off their loans when they mature.

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Name discrepancy between referencing and ID?

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A potential tenant has passed referencing, but the referencing process has flagged up a discrepancy in the name on their documents.

The applicant has given the name Wilkinson which was used to pass referencing. However the name on the passport and driving licence is showing Wilkison!

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Urgent action required – MoJ Enforcement of Possession orders consultation

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The newly formed National Landlords Alliance has submitted proposals to the ministry of Justice concerning possession procedures.

From the moment we set up, we identified the problems being faced by landlords when attempting to recover possession of properties

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Email to Prime Minister et al

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I sent the following email to the Prime Minister et al and would welcome comments from members:

Dear Prime Minister, Leader of HM’s Opposition, Chancellor and Shadow, Housing Ministers and Shadow, Mayor and Hon MPs,

As a single HMO-property landlord in Brent

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BTL product choice post Credit Crunch high at 2,162

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While the tax and rule changes imposed on the Buy to Let (BTL) sector over the last few years have heightened the pressures felt by landlords and even forced some from the market altogether. Research from Moneyfacts.co.uk shows that the number of BTL products currently available is at a post financial crisis high.

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Gold and Silver but all Red tape!

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Southwark Council are proposing with a consultation to rate Private Sector landlords by a grading of ‘Gold’ and ‘Silver’ standard.

There are three sets of criteria to both standards comprising the landlord themselves, the standard of the property and the tenancies they offer.

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It’s always me me me!

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Further to an earlier post of mine (Click here: I know where the tenant has gone, can I use the info?) asking about tracking down tenants and followed by the disappointment that ‘winning’ brings. I am now trying to get the money that is owed.

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Well Done B&Q raising £1million for “charity” advising tenants to break the law!

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I have just received this email fro B&Q and haven’t spent a penny with them since Property118 made me aware they sponsor Shelter!

THANK YOU for helping us raise more than £1,000,000 for the housing and homelessness charity

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Norfolk police claim trespasser is a tenant?

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Trespasser or Tenant? My local Norfolk police are stating a trespasser in my property is a tenant, because the trespasser claims an unknown party give them a tenancy. At the risk of getting a stupid answer, I will ask a stupid question.

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6 week DPS backlog now entering its 24th week

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On the 29th of January I posted an article on Property 118 that was titled “6 weeks backlog at the Deposit Protection scheme ?”. Click here to read the article.

In it I explained that on the 28th of August 2018 our landlord lodged a dispute with the DPS.

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