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In the Community

Jonathan Rolande

JONATHAN ROLANDE: AI is inevitable but here...

IT’s very difficult to predict anything in the property...

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Graham Norwood

Awaab’s Law extended to private renting welcomed...

The Building Engineering Services Association has welcomed the new...

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How on earth does agent/Landlord deal with mould if there is no obvious failure with the building and it is clear and obvious that the tenant/s are simply not ventilating the property, with clothes being dried on every radiator with no windows open to allow the moisture to escape.....! Damp is one thing, mould is completely another, where this is often moisture created from within the property not penetrating the property from outside. I completely take on board the extreme examples publicised on the television, where water is clearly poring through the ceiling, which is NOT acceptable and MUST be addressed. But I have never come across such extreme issues throughout my tenure as a letting agent. On the odd occasion I may get a little spotting of mould in my own home, but you wipe it off and kill off the growth before it becomes a real problem. Its called cleaning!

Greg Bjorg

re: renovation and problems with it ...

My first self-repair did not end too well. I...

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Graham Norwood

Preferential rates for buy to let borrowers...

Paragon Bank is offering four new limited edition buy...

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What I can’t understand it’s all about Benefit Tenants everyone pandering to their every need & whim. The Council, The Government, Shelter, Generation Rant, NRLA etc, Thousands and thousands of them in every Borough getting housed and kept, thousands & thousands more every day put up in hotels and temporary accommodation, thousands more trying to get in the Act. What about working Tenants don’t they have trouble finding accommodation and bigger trouble trying to paying for it while paying taxes on their hard earned income to keep families doing nothing milking the system but they are the only ones that matter is it because they have taken over.

EAT & LAT Team

Historic houses campaign for VAT reform ...

Views are sought from all heritage destinations with listed...

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Karl Knipe

The pros and cons of student accommodation...

Some property investors are put off student accommodation by...

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Great information!!

Angels Media

FUTURE: PROPERTY TECH ...

Join us to network, learn & share idea's with...

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Graham Norwood

High premiums for landlords selling high-rent locations...

A new analysis suggests landlords quitting the sector and...

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Graham Norwood

Nationwide joins digital home buying campaign ...

Nationwide has joined a year-old campaign to speed up...

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Steph Rady

INTERIOR DESIGN TRENDS TO EXPECT IN 2017:...

Kicking off 2017, we’ve predicted stabilisation in the property...

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Martin Gibbon

First Time Buyers Underestimating the Cost of...

The majority of aspiring first-time buyers ‘wildly’ underestimate how...

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roof repairs ipswitch

Sell your home this summer - House...

Summer is just around the corner. And, contrary to...

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Nat Daniels

Got lots to say about property? You're...

Here is your opportunity to get all your latest property-related...

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2.8 million new instructions- who wants some? While preparing a submission for the at the time unannounced CLG inquiry in PRS (CLG only told their friends) I did some number crunching in the hope of adding a positive input into a department that is seemingly bereft of any experience of the Private rented sector and almost allergic to anyone who has. I identified that a 100,000 tenancy provision by private landlords into the assisted tenancy market (pensions and benefits) was worth approaching £1 billion to landlords. One hundred thousand tenancies was a deliberately small percentage ; an easy , appropriately sized sample to make the point rather than a scientifically calculated figure. It represented about 1.4% of the middle ground between PRS and social housing that many agencies and landlords steer clear of. Subsequent research (discussion) shows that about 40% of assisted tenants are no worse at paying their rent than anyone else. Essentially what that means is that there is an additional £28 billion rental opportunity for those prepared to engage the sector. Increasing the PRS provision by up to by 70% is surely a good start in solving the housing crisis. It will obviously put a large rental income in the pocket of those who can afford to buy to rent out, it will put a large commission income in the pockets of those servicing the industry but moreover it will add the incentive to have another 2.8 million private rented sector properties available to ease the housing crisis. Obviously that will leave the remaining 60% of the sector to house but it seems reasonable that government doesn’t attempt to privatise their entire housing obligation, such schemes tend to lead to civil unrest. There will be natural envy at the rich seemingly exploiting the poor, I am not getting into the social ethics of a solution, simply suggesting how a set of government departments could set about solving issues in an industry they don’t properly understand.

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