Category Archives: News and comment

News and comment

Snippets from the Property Investor News

Property Investor News

Reading (rather late) the October issue of Property Investor News, I came across these interesting snippets of news: Insurance Apparently a survey by insurance firm Direct Line for Business has thrown up the fact that many landlords are cancelling their insurance policies ‘to save money’. Presumably these are people who are signed up to their…

Is excess interest to doorstep lenders really costing the economy £9 million per year?

Man with Debt

I was interested to read a report sent to me by Sally Chicken (Director of the Rainbow Saver Anglia Credit Union) regarding some research carried out by Leeds City Council and its partners. This was to see whether resaerch carried out in 2004, which concluded that up to £9 million each year was lost to…

NLA gets Tory promise for direct payment of LHA to landlords

National Landlords Association

When speaking to Simon Gordon of the National Landlords Association (NLA) recently at the Landlord & Buy to Let Awards dinner, he was telling me about their lobbying work, and how they attend all of the party conferences. Well it seems as if all this has paid off as the conservative party have now announced…

Another devious agents ploy

At the recent Landlord & Buy to Let Awards ceremony, the presenter Konnie Huq had an interesting story about a ploy used by a large firm of agents she now regrets having used. The told her that they had found a tenant who was willing to rent her flat for five years. ‘Think of it’…

Tenancy Deposit Protection – arbitrations and inventories

DPS

I have recieved an interesting e-circular from the Deposit Protection Service. It is essentially correcting a circular they sent earlier to dissociate themselves from a company. However apparently they also said in that earlier circular: “The DPS would recommend landlords obtain an independent Inventory because one conducted by a landlord or agent would not be…

LHA – initiative for reform from the British Property Federation and Eastern Landlords Association

I have been informed of an initiative from the British Property Federation, relating to reform of the Local Housing Allowance system. I copy below an email I received from the Eastern Landlords Association (ELA) who are looking to collect evidence to support this. As many other landlords may want to support the initiative, I have…

Complaints against letting agents are at an all time high, reports the Observer

oxfordhouses7

Letting agents are supposed to be the experts in lettings. Many are excellent. Unfortunately however, there are a lot of ‘cowboys’ about. The growing level of dissatisfaction with many agents is made very clear by an excellent article in the Cash section of the Observer today, which states that a number of surveys show increased…