Breaking News
Landlord faces agent who owes her £20,000.
Channel 5’s ‘Nightmare Tenants, Slum Landlords’ is set to show how one rogue operator gives good letting agents a bad name. Margaret Wilson faces the agent that owes her £20,000 in a perfectly captured showdown on Wednesday 8th July at 9pm. Margaret Wilson owns two rental properties in Oxfordshire. Two years ago she handed them…
Christopher Walkey
Buy-to-Let increases burden on welfare
It is expected that George Osborne will be cutting Housing Benefit in his budget on wednesday, it has been reported through certain media that he is considering forcing all housing benefit recipients to contribute towards their own rent. It has also been reported that he is pushing for the benefit cap to be lowered from…
Allen Walkey
Inheritance tax raised to £1m
David Cameron and George Osborne writing in The Times on saturday confirmed that the threshold at which inheritance tax is levied will rise for couples to one million pounds from £650,000 after April 2017. The policy will be funded by limiting the amount of tax relief on pension contributions given to those earning more than…
Allen Walkey
Response by the NHF
In a press release by the The National Housing Federation they responded to an announcement in The Times over the weekend to housing commitments from Prime Minister David Cameron and Chancellor George Osborne. Prime Minister David Cameron outlined plans on Saturday to accelerate house-building over the next five years and raise the inheritance tax threshold…
Allen Walkey
News: @RaterAgent web traffic on upward trend, but still behind @Allagentsuk…
Just 5 months since its creation – and 2 months since its formal launch – raterAgent is already the second most-popular, dedicated estate and letting agent review site in the UK. Using Alexa.com rankings – verified by that site’s owners, Amazon.com – the graph below shows how, in the 5 months since our ‘beta’ launch,…
Christopher Walkey
Unfair to Scottish landlords
At present Scottish Landlords see as unfair the way rules concerning the council tax works, Nicola sturgeon announced in November last year a commission to examine a fairer way of funding local government services. The Scottish Association of Landlords (SAL) wants to see a change in rules so that empty furnished properties will be entitled…
Allen Walkey
Trading has commenced in Hunters shares
Hunters, one of the largest national sales and lettings estate agency businesses, announced yesterday that dealings in its shares on AIM had commenced at 60 pence per share. Numis Securities is Nominated Adviser and Broker to the Company. The Group has traded under the Hunters brand since inception in 1992 and as at 31 May…
Allen Walkey
#OnTheMarket continues to break traffic records:
Onthemarket are delighted to tell you that they have seen another record breaking month in terms of traffic to OnTheMarket.com. 4.4 million visits Over 2 million unique visitors They are continuing to see strong engagement from consumers in terms of pages viewed per visit and time on site and a high percentage of repeat visitors. This reflects both the quality…
Christopher Walkey
House price growth slows in June.
According to the Nationwide House Price Index UK house prices fell by 0.2% in the month of June, annual house price growth moderated to 3.3% from 4.6% in May. Commenting on the figures, Robert Gardner,Nationwide’s Chief Economist, said: “The annual pace of house price growth continued to slow in June, moderating to 3.3% from…
Allen Walkey
New property hot spots around London
House price affordability in London is putting pressure on buyers to look to the commuter belt to find a home within their price range, latest data from the Land Regsitry shows annual growth of just more than 9%, making the average London house worth £475,961, in the South-East, annual price rises are also just over…
Allen Walkey
BOE comments on Greece
The Bank of England said it stands ready to “take any actions required” after Greece’s rapid economic slide in just the past few days, Greece beame the first advanced economy to default on a loan to the International Monetary Fund on Tuesday. The precarious position of Greece could pose a risk to the financial system,…
Allen Walkey
Men V Women survey.
A recent survey carried out by Strutt & Parker highlights the differences between men’s and women’s housing priorities, by collating the answers of approx 2000 respondents across the country it gives a good insight into the desires and needs of the population. The survey sample was a combination of Strutt & Parker registered buyers, sellers,…
Allen Walkey
Three landlords face financial ruin on ‘Nightmare Tenants, Slum Landlords’
The second episode of Channel 5’s ‘Nightmare Tenants, Slum Landlords’, due to air on Wednesday 1st July 2015 at 9pm, will feature three separate landlords all facing financial ruin as a result of troublesome tenants. Calling on the expert help of Landlord Action to help regain possession of their property and chase outstanding arrears, Founder…
Christopher Walkey
Local authority forum for landlords and letting Agents
South Holland District Council are putting on a special afternoon event especially for Landlords and Letting Agents, this is part of Council’s popular information and networking events. The event takes place on the 13th July at the council’s offices in Priory Road, Spalding from 4pm until 6p, this event the event will give landlords a…
Allen Walkey
Rental demand continues to grow
The buy-to-let lenders Paragon Mortgages says that 43% of landlords surveyed believe demand is either growing or booming, in their most recent findings the trend for strong tenant demand is well established, with ongoing steady growth for the past three consecutive quarters. This level of growth is expected to continue over the coming 12 months,…
Allen Walkey