Wednesday, 17 March 2010

New Standards for Landlords

The Tenant Services Authority has set new standards for social housing landlords which, according to Landlord Assist, the nationwide tenant eviction and rent recovery service will affect approximately 8 million tenants nationwide.

The new regulations which come into force on 1 April are being described as the biggest shake up in social housing regulation for decades.

Stephen Parry, Commercial Director of Landlord Assist states that the new framework will apply to almost 2000 social housing providers throughout the Country and will mean that tenants will enjoy similar levels of protection and services regardless of who their landlord happens to be.
The scheme will allow for tenant involvement and empowerment, standards regarding repairs, neighbourhood management to name but a few. The scheme means that where problems are identified and landlords do not meet the required standard, the regulator will discuss how the landlord is taking ownership for improving their services before more formal powers are invoked.

Graham Kinnear, MD of Landlord Assist is sceptical that this could be the precursor for further regulation to the private rented sector. Landlord Assist object to further regulation believing it will discourage people from entering the buy to let market and thereby reducing the choice and availability of rental property. A reduction in supply, according to Landlord Assist, would reduce the natural market competitiveness between landlords, which itself would reduce the quality of accommodation that is available.

Landlord Assist, formed in 2007, provide free no obligation advice to landlords and letting agents on all tenancy matters. They can be contacted on 08707 662288 or via their website www.landlordassist.co.uk.

Tuesday, 16 March 2010

Landlords in Court

A Salford Landlord was prosecuted for failing to get a licence for a property has been ordered to repay more than £6,000.

The landlord pleaded guilty to not signing up to the local councils selective licensing scheme and now has to repay the money he received from the Local Housing Allowance over the period the property was let without a licence.

Landlords are advised to establish what licenses their local authority requires to ensure that they do not fall foul of the law.

Spring arrived early for landlords

According to recent research rents increased almost half a percent in February. As a result the average rent in the UK now stands at £658 per month which is roughly in line with inflation and mirrors the situation of 12 months ago.

According to Graham Kinnear, MD of Landlord Assist, the nationwide tenant eviction and rent recovery firm, reductions in supply of rental property in many areas has underpinned the rental prices. There is also now the prospect of some capital growth as the market starts to stabilise
Kinnear continues "Some areas have seen significant growth in rental values as supply shortages have been very apparent. Parts of London and the East Kent Coast have seen particular surges and this trend is set to continue as fewer new Buy to Let properties come to the rental market as a result of the reduced sales volumes of the last couple of years"

It is estimated that a landlord investing in a property today would enjoy 10% return over the next twelve months made up of 5% capital growth and 5% yield on the rental income. Compared with other investment mediums it is obvious why Buy To Let remains popular and is likely to continue to be so.

Landlord Assist, formed in 2007 , offer free no obligation advice to landlords and letting agents on all tenancy issues. They can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Saturday, 13 March 2010

Quality could be compromised

Many Buy to Let investors have suffered enormous reductions in the values of their investments over the last couple of years and as result many are trying to sell their properties to limit the loss that they must sustain.

Many of these properties are tenanted and Landlords should be careful to ensure that the sale is conducted in a way that will not land them in hot water say Landlord Assist, one of the leading tenant eviction and rent recovery firms.

Graham Kinnear, MD at Landlord Assist comments "Landlords should be aware that if they are offering vacant possession on a property that the tenant really will have vacated by the completion date. Tenants are generally entitled to a two month notice period and in the event that they stay beyond the expiry of a such a notice the landlord will need to obtain a Court Order from the County Court in order to obtain possession. This can take an additional eight weeks or so. Beyond that date a bailiff may be required to remove them which will add possibly an additional four weeks".

If the seller has contracted to sell on a given date and the tenant has not left then they may find themselves in breach of contract and their purchaser in a position to sue for damages. Not only would the buyer be entitled to pull out of the sale but the landlord may have to pay significant damages and costs to them.

According to Stephen Parry, Commercial Director of Landlord Assist, "there are a number of methods to deal with this potentially difficult situation which just require some forward planning on the part of the Landlord"

Landlord Assist provide free, no obligation advice on all tenancy matters and act for landlords and agents throughout the UK. They can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Think Before you Sell!

Many Buy to Let investors have suffered enormous reductions in the values of their investments over the last couple of years and as result many are trying to sell their properties to limit the loss that they must sustain.

Many of these properties are tenanted and Landlords should be careful to ensure that the sale is conducted in a way that will not land them in hot water say Landlord Assist, one of the leading tenant eviction and rent recovery firms.

Graham Kinnear, MD at Landlord Assist comments "Landlords should be aware that if they are offering vacant possession on a property that the tenant really will have vacated by the completion date. Tenants are generally entitled to a two month notice period and in the event that they stay beyond the expiry of a such a notice the landlord will need to obtain a Court Order from the County Court in order to obtain possession. This can take an additional eight weeks or so. Beyond that date a bailiff may be required to remove them which will add possibly an additional four weeks".

If the seller has contracted to sell on a given date and the tenant has not left then they may find themselves in breach of contract and their purchaser in a position to sue for damages. Not only would the buyer be entitled to pull out of the sale but the landlord may have to pay significant damages and costs to them.

According to Stephen Parry, Commercial Director of Landlord Assist, "there are a number of methods to deal with this potentially difficult situation which just require some forward planning on the part of the Landlord"

Landlord Assist provide free, no obligation advice on all tenancy matters and act for landlords and agents throughout the UK. They can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Number of evictions has fallen

Landlord Assist, one of the leading nationwide tenant eviction and rent recovery firms has analysed the number of possession claims issued against tenants over the last few years and obtained some interesting results.

The number of possessions issued to the County Court system has actually declined since 2002 where it had reached a high of 194,645 cases for the year. For the figures available for 2009 this figure had reduced to 136,440.

Graham Kinnear, MD of Landlord Assist explains "In our opinion these figures can be explained by the reduction in court applications being made by landlords of social housing such as Housing Associations and Local Authorities. This in conjunction with many private landlords through the recession choosing to broker arrangements with their tenants rather than evict them and have their property empty and search for a tenant during a period of possible oversupply of property".

Another interesting result was that only 68% of claims raised in the County Courts for possession ending with an order for possession being made which suggests over 43,000 cases failed at County Court. The figures for 2002 suggest that over 66,000 applications failed to achieve the desired result of possession

Stephen Parry, Commercial Director at Landlord Assist is unsurprised. The application system requires meticulous submission and the dates entered on notices seeking possession need to be correct. Many claims fail due to failure to serve the correct notice at the correct time and in the correct fashion.

Landlord Assist provide a dedicated service to landlords to enable them to regain possession of their tenanted property and provide free, no obligation advice.
They can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Monday, 8 March 2010

What will you find in your property?

Landlord Assist were amused by a survey conducted by the Deposit Protection Service which polled more than 1,000 landlords to find out what items tenants had left for their landlords to dispose of.

Apparantly sex toys were one of the most common items, but not the most bizzarre. Others included a lorry engine, an inflatable father Christmas, half a dozen milk creates and the ashes of a deceased relative.

If any landlords out there have experienced anything more unusual then we would love to hear from you!

Tuesday, 2 March 2010

Who is my landlord????

Landlord Assist are baffled by a recent survey which states that 57% of tenants knew nothing about their landlords before moving into a property and apparently 82% of landlords felt it would be advantageous to find out about landlords from a central database.

Graham Kinnear, MD of Landlord Assist states "It seems bizarre that tenants can request intimate details about their landlords yet object to a central database of bad tenants. There is little evidence that there are significant rogue landlords in the UK however my staff could provide rafts of information detailing the bad tenants in the country"

Stephen Parry, Commercial Director of Landlord Assist agrees "We need government to leave alone the private rented sector. There is an abundance of legislation already and anything which may deter someone from entering the sector should be discouraged"

The British Property Federation appear to agree with Landlord Assist claiming that plans would penalise law abiding landlords and drive rogue operators "under the radar"

Landlord Assist provide free advice to landlords and letting agents on all landlord and tenant matters. They can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

No to further regulation

Landlord Assist, the nationwide tenant eviction and rent recovery firm have been lobbying government against the introduction of regulation to the buy to let sector as it will reduce the availability of property in the private rented sector.

Recent research from the Communities and Local Government English Housing report has stated that the number of people renting in the UK has increased by over 1million over the last decade.

Graham Kinnear, MD of Landlord Assist comments "This details the need for the government to encourage the private rented sector. It is clearly imperative for the nation"

The report also detailed a reduction in the number of owner occupiers from 14.8 million in 2006 to 14.6 million in 2009. More and more people are turning to rented accommodation.

Landlord Assist note that in addition to this increasing trend towards renting property there is an increasing population which is set to rise from its current 60 million to 70 million within 20 years. Kinnear continues "How is the Government going to house all these people without relying on the private sector?"

Landlord Assist are applauded by Paragon Chief Executive, Nigel Terrington, who states "The Government should recognise the importance of the private rented sector to the UKs housing needs and foster an environment that encourages the continued investment in the sector by landlords. It needs to ensure that the sector is not dominated by red tape and that there is available finance to enable landlords to expand the number of properties in the sector."

Landlord Assist provide free, no obligation advice to landlords and letting agents and can be contacted on 08707 662288. Alternatively enquiries can be sent by email to info@landlordassist.co.uk.

Monday, 15 February 2010

CML agree with Landlord Assist

The Council of Mortgage Lenders has supported the view of Landlord Assist that there should not be further regulation of the private rented sector.

Graham Kinnear, MD of Landlord Assist, the nationwide tenant eviction and rent recovery firm has long been stating that further regulation would deter landlords from entering the Buy To Let market and would, as a result, reduce the amount of choice to tenants and increase pressure on the public sector who have a dwindling stock of property.

The Council of Mortgage lenders has hit out at Treasury Plans arguing that buy to let regulation will not lead to consumer protection.

The CML believes that regulation could further damage buy to let lending which has shrunk substantially over the last two years at a time when the government is supposed to be promoting investment opportunities in the private rental sector.

Michael Coogan director General at the CML states "As far as buy to let is concerned, the regulatory proposals are barking up the wrong tree – for amateur property investors, poor investment advice is the issue not the mortgage"

Landlord Assist are determined that the private rented sector is appropriately represented by the government. The private rental sector is a very important part of the economy and one which should be encouraged.

Landlord Assist provide free, no obligation advice to landlords and letting agents throughout England and Wales. They can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Tuesday, 9 February 2010

Leave landlords alone!

Landlord Assist the tenant eviction and rent recovery firm continue to be irritated by the suggestions that landlords should be further regulated. Graham Kinnear, MD of nationwide Landlord Assist explains "In recent years landlords have had to get used to Energy Performance Certificates, Deposit Administration and the new legislation of the 2004 Housing Act. In addition to this changes in Fire Regulations, Legislation relating to Houses in Multiple Occupation and the HHRS system have meant that landlords costs and administration has increased significantly"

Stephen Parry, Commercial Director of Landlord Assist agrees "Without doubt there is sufficient legislation in place to police the private rented sector and to ensure that the quality of landlords and their properties is of an adequate standard. Due to restricted supply in the public sector the private rented sector is an important part of the economy and we cannot believe that the government do not appear to be supportive of private landlords"

It is the view of many that by encouraging the buy to let sector that the rest of the housing market could return to some normality. That would be to the advantage of everyone.

Landlord Assists views are echoed by David Salusbury of the National Landlords Association who states that "it is councils, rather than extra regulations which are likely to tackle rogue property owners effectively."

Landlord Assist also object to suggestions that a bad landlord register be set up. Indeed if such a scheme is set up then Landlord Assist have pledged to form a bad tenant register in response.
Landlord Assist continue to provide free, no obligation, advice to Landlords and Letting Agents throughout England and Wales and can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Thursday, 4 February 2010

Government Proposals

John Healey the Housing Minister is planning to introduce new measures which will increase the governments role in the buy to let sector. It is reported that the government wish to set up a special telephone hotline aimed at dealing with complaints or providing advice.

Graham Kinnear, MD of Landlord Assist is unconvinced of the merit of such a scheme "Telephone Helplines were introduced by the government for other issues and were not a success. Will those answering the phones be suitably qualified in landlord and tenant law and will they carry appropriate liability insurance for the advice they offer?

Furthermore there are third parties such as Shelter and the Citizens Advice Bureau who already offer assistance to tenants"

In addition it is mooted that a bad landlords register be introduced. Again Landlord Assist are sceptical "This would need to be policed properly to ensure that inaccurate or malicious content would not be displayed." Says Kinnear.

Landlord Assist conclude by offering the government their own suggestion "If there is to be a bad landlord register then Landlord Assist will request that they are permitted by the government to introduce a register of bad tenants which could feature tenants who have not paid rent, damaged property, sublet without permission plus an assortment of other breaches of tenancy."

Landlord Assist provide free, no obligation advice to landlords and letting agents on all landlord and tenant matters and can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Tenant Evictions are reducing???

The number of tenant evictions in the private residential rental sector has declined by 11 percent over the last twelve months according to statistics released earlier this week. Whilst 56,700 evictions were initiated by landlords in 2008 this figure dropped to 50,450 by the end of 2009.

The statistics have been met by nationwide eviction firm Landlord Assist. Graham Kinnear, MD of Landlord Assist explains "We are baffled by these latest figures as it is our firm understanding that the level of evictions has risen. Our caseload increased significantly throughout 2009 and we struggle to believe this is purely as a result of our increased market share in the sector. Furthermore there is also evidence that rental arrears have actually been growing in the UK with a survey published suggesting that 45% of landlords have struggled to get payments from their tenants"

Stephen Parry, Commercial Director at Landlord Assist is equally as baffled "Whilst some may argue that landlords are showing leniency to their tenants and offering payment alternatives to those struggling to avoid a potential void this is not our experience. We are seeing landlords more keen than ever to procure the rent or evict the tenant. In most cases they have a mortgage to sustain and a finite reserve of spare money"

Landlord Assist, despite the statistics are very busy and continue to offer free, no obligation advice to landlords and letting agents on all landlord and tenant matters. They can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Monday, 1 February 2010

rents are increasing and yet decreasing!

Rental Values are increasing again according to Landlord Assist the nationwide tenant eviction and rent recovery firm.

Graham Kinnear,MD of landlord Assist confirms the position. "The is a reduced supply of property currently available to let and an increased number of tenants searching for property. First time Buyers are staying in rented accommodation and many who have already sold are in rented accommodation awaiting for the market to stabilise before selecting another property to purchase."

Nigel Lewis of the FindaProperty Rental Index agrees "The flat market is showing signs of improvement at the moment d4riven by the greater number of people opting to rent flats during the recession which by default is a cheaper and therefore more popular choice than houses. This coupled to the lower number if flats coming onto the market is conspiring to ratchet up rents in the short term"

Stephen Parry, Commercial Director of Landlord Assist comments that the rental increases are more marked for flats rather than houses in that flat rentals have increased 0.4% yet house rents according to the index have declined directly as a result of the decline in the availability of flats and the increases in the availability of houses.

Landlord Assist operate throughout England and Wales and provide, free, no obligation advice to landlords and letting agents on all landlord and tenant matters. They can be contacted on 08707 662288.

Saturday, 23 January 2010

Energy Efficient or Worthless!

Landlord Assist, the nationwide tenant eviction and rent recovery firm are aghast by plans to prevent property owners from selling or letting their properties unless they are energy efficient.
The Government have stated that it planned to begin consultation on requiring all properties to have an energy performance certificate rating of F or higher by 2020.

Landlord Assist are stunned at this proposal given the limited improvements in energy efficiency which can be cost effectively made to much of the existing building stock in Britain.
Graham Kinnear, MD of Landlord Assist details "The government should reduce the level of interference in the rented sector in order to encourage more landlords to enter the sector which would provide more choice and thereby improve standards"

Landlord Assist provide landlords and letting agents with free, no obligation advice on all landlord and tenant matters and can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Fire Safety Cannot be Ignored

Landlord Assist, the nationwide tenant eviction firm are supporting the Fire Service in their campaign to educate Landlords of how changes in the law three years ago affect their premises.
The Regulatory Reform (Fire Safety) Order came into effect in 2006 and replaced over 70 pieces of fire safety legislation.

In a statement from the Fire Brigade it is explained that the responsibility for fire safety is in the hands of landlords and those with control of the premises and therefore an understanding of fire safety is at the heart of a landlords good business management.

Incredibly research from Touche Ross and the Chamber of Commerce estimates that up to 80% of buildings would fail a fire risk assessment within 12 months of having a fire.

Stephen Parry, Commercial Director of Landlord Assist comments "A Fire risk assessment should assess the risks to a property and identify actions which should be undertaken to manage that risk. It should be kept under constant review and amended should any structural changes be made to the property"

The Assistant Commissioner for Fire Safety Regulation, Steve Turek, states "It is essential that anyone who owns premises understand their responsibility under the fire safety order. The honeymoon period is over and the legislation can no longer be classed as new"

Landlord Assist provide to landlords and letting agents, free, no obligation advice on all landlord and tenant matters and can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Friday, 22 January 2010

Deposit Charges

Landlord Assist, the nationwide tenant eviction and rent recovery firm are aware of a number of letting agencies who are angry over price hikes of the Tenancy deposit Scheme, one of the approved deposit administrators established to ensure tenants deposits are adequately protected.

One agent has reported that his charges have gone up a staggering 1200% whilst another has seen their charges increase by 400%. The TDS however insist that the price increases are fair.
A TDS spokesman has reported that "Since the tenancy deposit scheme issued subscription invoices reactions have been mixed. They have ranged from the irate and sometimes abusive to those understanding the problems faced by the scheme in funding the adjudication of ever rising volumes of disputes.

Whilst Letting agents can generally charge the costs of deposit protection to their landlords many are seeing this as a further penalty to had pushed landlords who are continuing to battle against a difficult economic backdrop.

Landlord Assist can arrange for the protection of deposits in accordance with the Housing Act Legislation at a fee of £25 per deposit. They also provide free, no obligation advice on all landlord and tenant matters and can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

More support against Anti Social Behaviour

Landlord Assist, the nationwide tenant eviction and rent recovery firm are pleased to report that the Tenant Services Authority has commissioned the Chartered Institute of Housing to work with landlords across the social housing domain to support them in tackling Anti Social Behaviour . Recruitment is apparently underway to create a new team that will deliver this service.

Graham Kinnear, Managing Director of Landlord Assist comments "We are regularly dealing with landlords who are experiencing the effects of tenants anti social behaviour and as well as directly impacting the landlord there are the unpleasant effects for the neighbours of the subject property.

Stephen Parry, Commercial director of Landlord Assist agrees "It is good news that this new team will assist landlords make best use of existing resources. The initiative apparently forms part of a £10 million project announced last November by the Government to tackle anti social behaviour across England"

Kinnear continues "Landlord Assist have provided support for Landlords throughout England and Wales for over three years and continue to provide free, no obligation advice. They can be contacted on 08707 662288 or via their website www.landlordassist.co.uk"

Thursday, 21 January 2010

Trespass is still alive!

A recent case illustrated that the tort of trespass is still very much alive in the British legal system. The case involved an advertising hoarding which encroached the airspace of an adjoining occupier.

In December 2004 the claimant demanded that the hoarding be removed within a month even though it had been in place for 20 years. The hoarding was not removed until 2008 and accordingly the claimant sought damages based on a trespass from 2005 to 2008.

The judge awarded the claimant the sum of £314,000 which was equivalent to the total revenue that the defendant had derived from the hoarding in the four year period.

For Landlords with legal issues we suggest you take advice as soon as is possible.

Local Housing Allowance

According to landlord Assist, the nationwide tenant eviction and rent recovery firm, Landlords throughout England and Wales are still unhappy with the Local Housing Allowance system whereby tenants in receipt of housing benefit have it paid to them directly rather than to the landlord.

At a parliamentary enquiry the National Landlords Association described how Landlords have lost around £4,400 each in unpaid rent since the system was introduced in April 2008. Indeed their research suggests that total rent arrears across the UK relating to Local Housing Allowance could be as high as £220 Million.

A further report by BPF said that legislation had prompted 55% of landlords to refuse to take social tenants. This is a shocking statistic given that approximately 1.2 million households in the private rented sector receive housing benefit, around 675,000 of which are now in receipt of the Local Housing Allowance.

The structure of Local Housing Allowance is most confusing in that the government should try and support the private rented sector and encourage landlords to accept tenants in receipt of housing benefit given that they are amoung the most vulnerable in our society.

Landlord Assist continues to lobby for changes to the current system to encourage a fairer system for landlords, a safer system for tenants unable to manage their finances and to encourage further landlords into the Buy to Let market.

Landlord Assist provide free, no obligation advice to landlords, letting agents and housing associations on all landlord and tenant matters and can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Monday, 18 January 2010

Market Improvements in 2010?

According to recent research landlords enjoyed a 7.6% annual return on their property investments by the end of December 2009.

Landlord Assist, the nationwide tenant eviction and rent recovery firm feel positive at the results and indeed the trend in movement continues to be favourable.

Rent arrears have also improved throughout 2009 despite the recession. On average, according to the research, 11.7% of rent was unpaid by the date it was due down from almost 15% in 2008.
Graham Kinnear, Director of Landlord Assist states "Arrears seem to be getting under control. 14.5% of rent due was outstanding in 2008 and the 2009 figure is 12.5% despite the recession although the persistent non payers are still out there with 1.5% of tenants in excess of three months in arrears"

Stephen Parry, Commercial Director at Landlord Assist, appears to understand the improvements "We believe that many people renting through the recession may have been potential property purchasers and may therefore have had stronger finances. In addition Landlords have been more proactive throughout the recession in order to collect their rents and maintain their cash flows"

Kinnear concludes "We are hopeful that 2010 will bring continued improvements to the buy to let market in terms of reduced voids as a result of increased tenant demand and a long awaited improvement in capital values as a result of improvements in the economy and as a result of stock shortages in the market"

Landlord Assist provides free, no obligation advice to landlords and letting agents and can be contact on 08707 662288 or via their website www.landlordassist.co.uk

Thursday, 14 January 2010

Tenant to lose choice over utility providers

Power Company Eon have become a recognised supplier of the National Landlords Association and the NLA has stated that the increase in environmental awareness and the current economic climate, the necessity for high quality, green energy at reasonable prices was paramount.
Landlord Assist are deeply confused given that under the provisions of almost every tenancy, the tenant is responsible for the payment of utilities and therefore it is the choice of the tenant which utility provider to engage.

Paul Berwick, head of Marketing for the NLA states "Landlords can be assured of reliable and effective customer service and a commitment to providing them with the greenest energy at the best price"

Graham Kinnear, MD of Landlord Assist the nationwide tenant eviction and rent collection firm, states "The choice of supplier is that of the tenant as it is the tenant that pays the bills and we feel it wrong to try and take that choice away from the tenant."

Stephen Parry, Commercial Director of Landlord Assist agrees "We can see no tangible benefit in a tie up between a landlords association and a utility company. It is generally the role of tenants to select their utility supplier on the basis of personal recommendation, price, customer service and indeed any other variables they decide. If the landlord was to be paying for the utilities they would surely expect to be able to select which supplier they wished to use."

Landlord Assist provide free, no obligation advice to landlords and can be contacted on 08707 662288 or via their website at www.landlordassist.co.uk

Wednesday, 13 January 2010

Confidence is returning!

Landlord Assist, the nationwide tenant eviction and rent collection firm are pleased with the results of a recent survey which states that two thirds of the UK’s landlords feel more confident about the buy to let market at the start of 2010 according to a recent Rental Confidence Index.
Pleasingly this represents a six percent increase over the last twelve months.

James Davis founder of Upad states "The results from the survey bode well for the private rental sector, which – I believe- will see real growth during 2010."

Graham Kinnear, MD of Landlord Assist agrees "We concur that the majority of landlords are feeling a lot happier than they were twelve to eighteen months ago and this confidence is demonstrated in their wishing to increase their portfolios"

Stephen Parry, Commercial Director of Landlord Assist is also in agreement and states "Whilst we are dealing with record numbers of cases we are not dealing with so many where a borrowers bank are intervening. This either means a more positive cash flow position for our clients and/or increased flexibility from banks for Landlords to deal with the economic downturn. Undoubtedly the marketplace is a happier place than it was two years ago!"

Landlord Assist provide free, no obligation advice to landlords and letting agents on all landlord and tenant matters. They can be contacted on 08707 662288 or via their website www.landlordassist.co.uk

Monday, 11 January 2010

Renting is the new aspiration

According to Landlord Assist, the tenant eviction and rent recovery firm, the recession may have had a profound effect on the way that we view property in this country.

Landlord Assist who act for many landlords and letting agents throughout the Country are envisaging an increase in workload as a result of recent data which states that 12% of individual no longer aspire to owning a property and will quite happily rent their home. 31% of those who already rent property have no intention of purchasing a home. Indeed only 6% of those aged between 35 and 54 are interested in leaving their rented property and buying ahome.

Graham Kinnear, MD of Landlord Assist, believes this data to be important. "We are seeing a shift from owner occupation to rented property which will ultimately lead to an increase in our workload."

Karen Barrett of Unbiased.co.uk states that "For many who own their home, the worry and stress of this through the property market volatility has caused them to rethink about whether long term renting is a viable option for them"

Landlord assist provide free no obligation advice to landlords experiencing problems with their tenants. They are available Monday to Friday 8am to 8pm on 0870 662288 or via their website www.landlordassist.co.uk

We are expecting to see more of you!

Landlord Assist expect more Clients!!

With the New Year upon us Landlord Assist, recently cited as the UKs largest tenant eviction and rent collection firm, are expecting more Clients to avail themselves of their services.
Graham Kinnear, MD of Landlord Assist states that a recent survey shows that 99% of questioned buy to let investors plan to hold their assets for at least one year whilst there was an increase of 5% of the number of landlords wishing to increase their property portfolios
59% of Buy to Let investors are willing to expand their portfolios meaning more tenancies and therefore more tenant problems.

Graham Kinnear comments "We anticipated the influx of business for our firm at the start of the recession and accordingly increased our staff numbers. We now have just over 200 advocates covering every court in England and Wales and have the capacity to act for many more Clients"

As well as tenant eviction and rent collection the team at Landlord Assist also undertake tenant tracing, tenant referencing and the nationwide provision of Energy Performance Certificates. Advice is always free with Landlord assist so give them a call on 08707 662288 or contact them via their website www.landlordassist.co.uk

Tenants paying with credit cards

Tenant defaults could soar, according to leading tenant eviction firm Landlord Assist.
Despite restrictions on credit and reports of many people paying off personal debt an exclusive YouGov poll reveals a disturbing picture of more than a million people taking desperate measures with credit cards to keep a roof over their head.

The survey asked respondants to detail if they had paid their rent using a credit card in the last twelve months and some 6% of those replied that they did – suggesting a national figure of more than a million people.

The problem may be more acute in London with a staggering 12% using credit cards to pay their rent.

Graham Kinnear, MD of Landlord Assist confirms the position "We are acting for a number of landlords where their tenants are considering bankruptcy as they have paid their rent with credit cards to maintain the roof over their head but now cannot maintain their finance payments"

Kay Boycott at Housing Charity Shelter advises "It is absolutely vital that every single person using credit cards in this way seeks advice urgently to get the help they need to ensure they don’t lose their home"

Landlord Assist provide free no obligation advice to landlords and can be contacted on 08707 662288 or via their website www.landlordassist.co.uk