Legal 4 Landlords News

Advance Warning Of Severe UK Winter Weather

Mike Clarke — Thu, 01 Oct 2015 10:30:58 +0000

Severe Winter Weather Warning Issued Early By Forecasters Severe winter weather looks set to hit the UK earlier than expected this year, according to long range weather forecasts, which could catch unsuspecting landlords and their tenants unaware. The severe weather warning makes right now the best time to check your rental properties roof is intact [...]

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Insurance Premium Tax Rise Due On 1st November 2015

Mike Clarke — Tue, 29 Sep 2015 10:30:06 +0000

Insurance Premium Tax Increase Will Have Direct Affect On Landlord Profits As you may already know, the Government declared in the 2015 Summer Budget that there would be an increase in Insurance Premium Tax (IPT) for all insurance policies taken out by individuals and companies in the UK. This will affect the cost of landlord [...]

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PRS Rents Remain Stable

Mike Clarke — Thu, 24 Sep 2015 10:30:46 +0000

ARLA Report Fewer Landlords Raising PRS Rents The Association Of Residential Letting Agents (ARLA) have reported that the number of letting agent members reporting PRS rent increases has dropped for the first time this year. It was widely feared that many landlords would be forced to increase PRS rents in order to mitigate the abolishment [...]

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Average UK Rental Prices Fall

Mike Clarke — Tue, 22 Sep 2015 10:30:17 +0000

Average Rental Prices Drop As Yields Remain Steady New data published by Your Move and Reeds Rains shows that average monthly rental prices in England and Wales have fallen on a monthly basis for the first time since March 2015, with the average national monthly rental price down by 0.1% in August, dropping from £804 [...]

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New Landlords Take Unessessary Risks

Mike Clarke — Thu, 17 Sep 2015 10:30:44 +0000

New Landlords Don’t Understand The Legal Requirements Of Property Rental According to new research conducted by a leading UK insurer there has been a huge upsurge in the number of landlords in the UK, however the majority of these new landlords have entered the private rental sector accidentally and many have failed to understand the [...]

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Is That Steak Dinner A Good Deal?

Mike Clarke — Tue, 15 Sep 2015 10:30:29 +0000

Some Deals Are Better Than Others And Our INCLUSIVE Deal Is One Of The Best! Picture the scenario, you have been thinking of treating yourself to a good night out. There’s a swanky new restaurant opened in town. It’s been fully refurbished, the décor looks great, and you have heard some great things about the [...]

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Most Tenants Are Happy With Their Private Rental Sector Properties

Mike Clarke — Thu, 10 Sep 2015 10:30:11 +0000

New Survey Shows That Majority Of Private Rental Sector Tenants Are Happy A recent survey has discovered that 59% of PRS tenants are more than satisfied with the fair rental price of their rented property and many tenants have a good relationship with their landlords. The survey carried out by AXA Business Insurance, appears to [...]

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Specialist Insurance Protects Landlords Income

Mike Clarke — Tue, 08 Sep 2015 10:30:34 +0000

Landlords Lose Billions To Rent Arrears And Rental Property Damage Each Year New research claims that private rental sector (PRS) landlords, who operate their rental property businesses without specialist insurance in place, are losing almost £10 Billion (GBP) a year because of tenant’s causing damage to rental properties and unpaid rent arrears. The report published [...]

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Property Damage Doesn’t Have to Be A Costly Issue

Mike Clarke — Thu, 03 Sep 2015 10:30:29 +0000

PRS Landlords Forced To Make insurance Claims Over Tenant Property Damage Research by the National Landlords Association (NLA) suggests that over 400,000 private rental sector (PRS) landlords have been forced to claim on their landlord insurance policies due to rental property damage caused by tenants over the past 12 months. The research indicates that almost [...]

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Honesty And Good Communication With Tenants Is Vital

Mike Clarke — Wed, 02 Sep 2015 10:30:29 +0000

Honesty And Good Communication Are Crucial To Avoiding Tenancy Disputes New research from one of the three Government approved tenancy deposit protection scheme operators, my|deposits, has highlighted the importance of honesty and good communication between landlords and their tenants at the end of a tenancy, in order to avoid getting into a tenancy dispute over [...]

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