Can’t pay? we’ll take it away

I expect some of our readers will have watched the TV program “Can’t pay, we’ll take it away”, it is on Channel 5 on a wednesday evening, it follows people on the sharp end of bad debt – and those whose job it is to get the money back. In the program this last wednesday…

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London house price rises continue say RICS

House prices are still rising in London caused by fewer instructions to sell and rising buyer demand,  the number of homes coming on to the market remains at its lowest level in at least three decades, according to the latest RICS UK Residential Market Survey, In London 34% more respondents saw prices rise over the…

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Greater powers when tackling rogue landlords

The London Mayor wants greater powers to deal with so called rogue landlords who rent out property to tenants in the capital, Richard Blakeway the lead for housing to the Mayor is calling for additional powers for local authorities when dealing with these rogue landlords,  including the ability to impose minimum fines. These demands made…

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Buying a buy-to-let project.

An easy mistake to make when deciding to start a portfolio of  buy-to-let properties is to under estimate the need for a professional approach and that infact you are running a business, to many it can appear a relatively simple way to make money with little risk, emphasis should be made on maximising potential return…

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Wear – What is the definition of wear and tear?

So you’ve spent hours / months / maybe even years getting your property fit for rental, but now you’re worrying about wear and tear; ‘how do I decipher what is reasonable and what isn’t?’ The law currently defines fair wear and tear as “reasonable use of the premises by the tenant and the ordinary operation…

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Even greater demand for rental property

According to research by the Countrywide plc, the UK’s largest property services group, increasing numbers of landlords are able to re-let their property before the existing tenant moves out. The average UK property is taking 32 days to let, that is the lowest figure on record, over half of new lets in London are agreed…

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Government minister for tenants

According to research from Your Move and Reed Rains tenants would like to see a government minister specifically to deal with their issues within the housing sector, actually it revealed 60.2% of respondents were in favour of having one. The survey also revealed that renting is becoming a longer-term option for increasing numbers of people.…

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Rogue Tenant

An illegal immigrant was arrested and will now face prison with the possibilty of deportation. Ashid Bomedian a Morrocan national assaulted the owner of his rental property after the landlord reported him to the police for suspected bicycle theft. He took the bicycle from outside a city restaurant and returned back to the property in…

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