Recent figures from the Ministry of Justice show that private landlords are having to wait an average of over five months to regain possession of a property when applying to the courts. While it can be costly to evict a tenant, it should always be a last resort. It can be costly in time, money and effort.
The Residential Landlord Association is warning that the Government’s move to develop longer tenancies will fail without urgent court reforms to ensure landlord can quickly regain possession of a […]
It’s a New Year which means new resolutions, new goals and big plans for the year to come. For many people the New Year will continue the same as the last but for others there may be some hurdles to jump over.
Many people enter January with a tight budget after the festive season which can result in late or missed payments which, from a landlords prospective could mean late rent, unpaid rent or tenants looking to downsize to cut costs.
Our team at Property Quote Direct […]
Credit Unions, the new banks?
Landlords, in common with the majority of the population, are viewing the coming budget with trepidation. Apart from the feared cuts and tax hikes that will affect all the population, the residential landlord is steeling himself for the announcement of a massive rise in Capital Gains Tax. What better time then, for the average landlord to appraise his financial situation and spend some time looking at different areas where he can ease his financial situation.
First of all he can look at […]
Retirement age to go up
It is no secret that one of the main reasons behind the upsurge in buy to let residential landlords has been the uncertainties in financial matters over the last 10 years. Earlier in the century, many contributors to orthodox pension schemes saw their predicted pension incomes slashed while others saw theirs disappear altogether in stock market crashes after 9/11. Then more recently the bank crisis and recession have had a similar effect, with more people than ever before becoming nervous of […]
Landlord Advice – As is the case in most ventures, help and advice from within the trade or profession one has earmarked to make a living in, can be invaluable. Although it is inevitable that stepping into a new project is bound to be fraught with anxieties and tensions, inside knowledge can help you avoid many pitfalls and so save both time and energy, not to mention money.
This applies to the prospective residential landlord as much as any other business. From the very outset there […]
Landlord Advice – There are numerous landlord services and advice lines out there designed to help landlords struggling with their businesses, however even if your business is doing well you can still face common problems. These days, one of the biggest problems landlords face is that there are numerous negative stereotypes surrounding them, meaning they are often ignored or even subjected to abuse.
(Update: Read PropertyQuoteDirect’s campaign to Change the Face of Landlords during the General Election)
Unless you’ve been living under a rock you will know that the General Election is just a few months’ away, with political leaders already publicising their plans for the property and private rental sectors in the future. However, this General Election is proving very difficult to predict as this time around there are more parties vying for leadership than ever, which means that landlords need to start preparing themselves for what could […]
Protecting Properties – Here at PropertyQuoteDirect we regularly provide advice for landlords on how they can help their tenants stay safe. Christmas can often be a stressful time for landlords as not only are tenants more likely to be burgled but if anything happens to their properties they will want you to fix it as soon as possible so they can carry on enjoying the festivities. However, with a bit of research and some clever tips both you and your tenants should be able to […]
Should the State be responsible for Building new Properties?
Today the Chancellor of the Exchequer George Osborne will potentially address the public for the last time to announce his Autumn Statement. However, even though the Chancellor has yet to officially announce his plans as well as the current condition of the UK economy there have already been rumours concerning his statement. This has prompted other MPs to voice their opinions on how the UK can improve, with Danny Alexander – Chief Secretary to the Treasury – […]
Preparing your Properties for Winter – During the coldest months of the year temperatures can reach lows of -10⁰C at night in some parts on the UK, so it’s no wonder why you need to spend more time looking after your home during winter. As you increase the heat inside your home and cosy up in front of a warm fire you must not forget to think about other parts of your home and the potential damage that could be caused. In a previous blog […]