Job losses and a consumer slowdown may be affecting demand in the offices and retail sectors, but student accommodation has been one of the few bright spots for the sector
Landlord and estate agent groups have joined forced to reject practices which "humiliate" tenants following one agent's name-and-shame approach to people who failed to pay rent. The opinions of buy... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
The National Landlords’ Association (NLA) has joined forces with the Association of Residential Letting Agents (ARLA) to condemn any practices which ridicule and humiliate tenants.
The two associations, which represent more than 23,500 landlords and letting agents, have criticised the action of some landlords who have authorised the erection of rent dodger signs on the [...]
LANDLORDS are being given tips by police on how to spot drug factories being run in their properties following a spate of cannabis farm discoveries in rented homes.
This is Plymouth - Thursday, October 16, 2008, 13:14
A new booklet gathers together information gleaned from thousands of raids on homes in recent years which have led to large seizures of marijuana plants.
The guide, entitled ‘Keeping illegal drugs out of rental properties’, notes how organised crime gangs, particularly those involved in drug production, use rented premises in an effort to hide their activities from police.
The guide, written with the assistance of Merseyside and Derbyshire police forces as well as the Association of Chief Police Officers’ Drugs Standing Working Group, contains indicators which could show a landlord that synthetic drugs such as amphetamine or ecstasy are being made in hidden laboratories, that cannabis crops are being grown or even that drug-trafficking is being conducted at rental properties.
It reminds managers of properties of the very high price they may end up paying, from the financial cost of repairing damage caused in adapting buildings for drug production to the damage to their reputation with potential property-owners looking elsewhere to rent, as well as dealing with ‘hostile tenants’ and complaints from neighbours. Full Article
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Buy-to-let lender, Paragon, has reported that a record number of landlords are seeing growth in tenant demand.
In its Mortgage Trends survey, 51% of respondents described tenant demand as either “growing” or “booming” during the three months to the end of September.
The result shows a 33.9% rise on the second quarter of 2008 and puts optimism [...]
The financial crisis has killed off punterism - grassroots financial opportunism - in the UK as surely as leveraged investment banking. Its most recent incarnation was...
The National Landlords’ Association (NLA), which represents around 20,000 individual landlords across the UK, is stressing its level of commitment to raising standards in the sale-and-rent-back sector.
The body is responding to an Office of Fair Trading (OFT) Market Study on the industry, which is recommending that sale-and-rent-back should be regulated by the Financial Services Authority [...]
There are many potential issues surrounding sale and lease back schemes, the Council of Mortgage Lenders (CML) has warned.