With the nights drawing in it’s becoming extremely tempting to stay indoors and sit in front of the TV, and who can blame you! Here at PropertyQuoteDirect we love a good night in, however there is one thing that will always make it that much better – a bundle of snacks!
This week it was announced that if the Bank of England’s new proposals go forward landlords may soon have to come up with forty per cent deposits in order to be given buy to let mortgages. Landlords are already struggling to expand their property portfolios due to the rising cost of property and if the Bank of England’s plans go ahead they could make matters worse.
This is why so many landlords are taking part in [...]
Over the past few years a number of tenant groups have claimed that the private rental sector needs to be better regulated in order to tackle the issue of rogue landlords. However, it’s not just rogue landlords that tenant groups want more help managing, but also landlords who do not take their responsibilities seriously but are not bad enough to be considered ‘rogue’. In order to decipher whether landlords are looking after their tenants properly they [...]
No matter where you go this week you will hear people talking about the Scottish referendum, and next Thursday the people of Scotland will decide whether to stay within the UK. At the moment figures are showing a predominantly fifty-fifty split between ‘yes’ and ‘no’ votes although they have been fluctuating over the past few days. As there is no getting away from the Scottish referendum PropertyQuoteDirect has decided it would only be right to [...]
Now the kids have gone back to school it’s tempting to start thinking about winter, however the truth is we still have a few good weeks of weather left! This is why PropertyQuoteDirect has decided to give away a Marks and Spencer picnic rug and jug so you can make the most of the last few rays of sunshine.
The above question may strike some landlords as a bit strange, as generally it is not their job to help tenants save money. However, as the property and private rental markets are currently so unstable, working with your tenants could actually help improve your business and secure your income. At the end of the day, if your tenant falls into rent arrears then you are going to take a cut to your earnings and may even [...]
Right now it seems as though no-one can really agree on what the government, Bank of England or Financial Conduct Authority (FCA) should do to prevent another housing bubble. With the economy starting to improve and the government creating new schemes such as Help to Buy, the UK property market has been booming over the past six months. However, a number of industry experts are concerned that the market is unsustainable and could even [...]
One of the best things about summer is that after a hard day’s work being a landlord (or anything else for that matter), you get to go home, relax in your garden and appreciate the sunshine.
A recent report published by the housing charity Shelter has shown that nearly half of all twenty to thirty four year olds are still living with their parents as they cannot afford to get onto the housing ladder. To make matters worse, this demographic is also struggling to afford current rent prices, meaning that we are seeing a generation of young people unable to leave home. As a landlord, you may think that [...]
After gaining power along with the Liberal Democrats, the Conservative party implemented a number of welfare reforms. They claimed that these reforms would make the benefit system fairer as before some individuals were claiming more in benefits than the average worker received in pay. One way they hoped to achieve this was by introducing the spare room subsidy (also known as the bedroom tax) where those living in social housing that [...]