Landlord Insurance Headlines
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30
Sep
2009
House prices in the UK decreased on average last month, according to new statistics.Data from the Land Registry indicated that there was only a slight change in home values during August, with a fall of 0.1 per cent being recorded.This has taken the annual drop in property prices to 9.4 per cent, which has increased from a low of 16.3 per cent in February.
Continue reading "House prices drop recorded"...
The buy-to-let market has turned and is offering promising opportunities to landlords looking to invest.That is the view of John Charcol, which has claimed that income from rent is likely to cover any purchases of new homes in the coming years.
Continue reading "Buy-to-let market 'has turned'"...
29
There has been a rise in demand in the rental market for the first time since the start of the recession, new statistics have shown.The Association of Residential Letting Agents (ARLA) indicated that the rental sector is stabilising and more new tenancies are being agreed.
Continue reading "Rental market demand rises"...
Landlords who have cash available have been urged to enter the buy-to-let market by property experts.LettingZone.com has called for property investors to take advantage of the positive state of the marketplace by purchasing new homes.However, website owner Mark Garner insisted that only landlords who understand let property insurance and other technical issues within the sector should consider buying.
Continue reading "'Cash-rich' landlords urged to buy"...
23
Becoming a buy-to-let landlord is a completely different situation to purchasing a home to live in personally.That is the opinion of Property Owners Directory, which has suggested that amateurs should carry out extensive research before entering the buy-to-let market.
Continue reading "Buy-to-let 'totally different experience'"...
Rent prices in several regions of the UK are on the rise, according to new statistics from Gumtree.com.The website has indicated that landlords in cities such as Birmingham, Leeds, Oxford and Glasgow have all seen average rents increase.
Continue reading "Regional rental prices rise"...
22
People who have never invested in the property market before are being enticed into the sector, experts have claimed.Assetz has claimed that the favourable conditions within the marketplace are leading to a surge in interest from new investors.
Continue reading "Buy-to-let interests new investors"...
Homebuyers have been buoyed by changes to stamp duty made by the government a year ago, new research has found.According to Halifax figures, since the lowest stamp duty threshold was raised from £125,000 to £175,000, 31 per cent of buyers have not had to pay the tax.
Continue reading "Stamp duty break boosts homebuyers"...
Landlords need to use their discretion when deciding whether or not to evict tenants from their homes.That is the view of Moneywise, which has suggested that every rental pay dispute should be dealt with on its own merits.The professional property resource indicated that landlords should think about how much time and money the eviction process may cost and whether it is worthwhile.
Continue reading "'Use discretion' in eviction cases"...
21
In order to succeed in the buy-to-let sector landlords need to know the market, from issues such as insurance for rented property to new legislation.That is the opinion of Property Owners Directory, which has urged people to do their research thoroughly before entering the sector.
Continue reading "Landlords urged to 'know the market'"...
Landlords are not paying attention to legislation regarding tenancy deposits, a new survey has found.According to the Deposit Protection Service (DPS) study, one in three landlords is disobeying the law.Just under one-third of landlords admitted to not registering a deposit with a government-accredited scheme, which has been a necessity since April 2007.
Continue reading "Landlords 'ignoring tenancy deposit laws'"...
Landlords and homeowners are appreciating the benefits that ensuring that their properties are well maintained can bring.That is the view of the National Home Improvement Council (NHIC), which has suggested that keeping homes in good condition can add value.
Continue reading "Landlords appreciate highly-maintained homes attract new tenants"...
18
Many people are choosing to rent properties rather than trying to buy a home while the market is not in their favour, an expert has claimed.Yolanda Barnes, director of research at Savills, has explained that the rental market is offering good short-term opportunities for people used to owning homes, as well as long-term benefits to others.
Continue reading "People 'renting until more choices available'"...
Homeowners are putting off carrying out vital repair work to their properties for as long as possible in order to save money.That is the view of Aspect Maintenance, which has suggested that the recession is forcing people to take poorer care of their homes.
Continue reading "Homeowners 'putting off repair work'"...
Landlords are among those who have been helped the most by the recent stabilisation of the property market, experts have indicated.Love Money suggested that now is the time to pick up a good buy-to-let deal, as market conditions are in favour of landlords.
Continue reading "Landlords benefit from stabilisation"...
17
There has been an increase in house prices in the UK, according to new government figures.Research from the Department of Communities and Local Government found that property values rose by 1.4 per cent between June and July.During July, the average home price in Britain was £196,338, while house values improved by 2.1 per cent in the second quarter of 2009.
Continue reading "House price increase noted"...
15
Asking prices for homes in the UK have moved into positive annual growth for the first time this year, new research has shown.The first Findaproperty.com House Prices and Affordability Index has indicated that property prices are currently £512 higher than at this point last year.
Continue reading "'Positive growth' for house prices"...
A national conference is set to be held for landlords to find out and discuss all of the latest developments in the sector.The National Landlords Association (NLA) National Conference will be held in Birmingham in November.The government minister responsible for the private rented sector, Ian Austin MP, will be on hand to present his views on the landlord industry.
Continue reading "National conference for landlords"...
Conditions within the UK housing market are steadily improving, according to property experts.Smiths Gore has suggested that there are still good opportunities for people looking to buy new homes.This is in part due to the relatively poor state of the housing sector, with the property consultants explaining that a weak market offers better value for money for shrewd investors.
Continue reading "Property market 'moving ahead'"...
14
There has been an increase in property values around the world in the past quarter of 2009, according to new figures.Research from Knight Frank found that just under half of all countries surveyed had witnessed rises in house values between April and June this year.
Continue reading "Worldwide property price increase noted"...
Rural areas are witnessing smaller drops in house prices than other regions in the UK, new data has suggested.Research from Halifax has indicated that property values have fallen more steeply in urban areas of Britain.The firm's Rural Housing Review found that there was a 13 per cent fall in property prices in rural areas in the past 12 months.
Continue reading "Smaller price drops in rural areas"...
11
Savings are being used to pay for home improvements as landlords and other homeowners look to add value to their properties, new research has indicated.A study from the National Home Improvement Show revealed that 62 per cent of new features added to houses are funded by savings.
Continue reading "Savings fund home improvements"...
Now is the right time to buy for anybody looking to invest in the property market, experts have claimed.Estate agency haart explained that market conditions and other factors have made the housing market a favourable environment for buyers at the moment.
Continue reading "'Absolutely' the right time to buy"...
9
Property investors in Scotland have the chance to attend an innovative new conference focusing upon the housing sector.The Property Managers Association Scotland (PMAS) Limited Annual Conference is set to be held on September 23rrd.Taking place at the Dunblane Hydro Hotel in Dunblane, BBC Scotland's Lesley Riddoch will host the event.
Continue reading "Role-play conference for property market"...
General confidence levels across the property market could be on the rise, according to a financial website.Moneysupermarket.com has noted that its search figures are showing a trend of positive movement within the housing sector.This includes a higher proportion of people searching for new mortgages and comparing deals.
Continue reading "Confidence rises in property sector"...
Increasing cost levels of operating within the buy-to-let sector may be driving many potential investors away from the sector, experts have claimed.The Residential Landlords Association (RLA) has indicated that growing amounts of rules and regulations are also damaging the prospects of landlords.
Continue reading "Increased costs 'harming landlord prospects'"...
8
Both landlords and tenants have a responsibility to ensure that deposits are secure and systems are in place to ensure both parties are satisfied.That is the view of the Tenancy Deposit Scheme, which has noted that many people are trying to find rented accommodation at the moment.
Continue reading "Joint responsibility for deposits"...
A new campaign has been launched to show that landlords are not happy with the new system for paying housing benefit.The National Landlords Association (NLA) has indicated that the Local Housing Allowance (LHA) scheme is not up to scratch.
Continue reading "Benefit system 'not working'"...
2
People with landlords insurance will see the property market "kick-start" in spring 2010, it has been suggested.Jane Marr, company director at the Little House Company, said that although prices were rising at the moment, the "real" increases would only be seen next year.
Continue reading "Property prices 'to shoot up next spring'"...