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Lack of support halts revenge evictions bill http://www.landlords.org.uk/news-c...

Facebook - 28 November 2014 - 3:16pm
Lack of support halts revenge evictions bill

http://www.landlords.org.uk/news-campaigns/news/lack-support-halts-revenge-evictions-bill


Lack of support halts revenge evictions bill | National Landlords Association
www.landlords.org.uk
Commenting on the failure of the Tenancies (Reforms) Bill to progress past second reading in Parliament today, Richard Lambert, Chief Executive Officer at the National Landlords Association (NLA), said:“The NLA has always been concerned that there is not the weight of evidence to justify the need fo…

Would you like to be covered for unpaid rental income of up to £2,500 per month?...

Facebook - 28 November 2014 - 9:57am
Would you like to be covered for unpaid rental income of up to £2,500 per month? #PRS #Lettings #management
http://www.landlords.org.uk/services/nla-rent-protect


NLA Rent Protect | National Landlords Association
www.landlords.org.uk
It covers you for up to £2500 per month in unpaid rental income and it covers legal costs to help you in the recovery of unpaid rent.

MPs to debate ban on 'revenge evictions' as growing army of accidental landlords...

Facebook - 27 November 2014 - 11:33am
MPs to debate ban on 'revenge evictions' as growing army of accidental landlords are warned they risk breaking the law

Will this bill become a tool for misuse in the hands of those intent on gaming the system?

Is bringing in new legislation the right way to deal with the bad landlords?

http://ow.ly/EYGo7


MPs to debate ban on 'revenge evictions'
www.thisismoney.co.uk
Tenants complaining about serious problems with their rented property would enjoy greater protection from 'revenge evictions' under proposed legislation to be debated by MPs on Friday.

See here for advice on how to end a tenancy correctly. #landlords #PRSadvice #ma...

Facebook - 27 November 2014 - 9:58am
See here for advice on how to end a tenancy correctly. #landlords #PRSadvice #management
https://www.youtube.com/watch?v=DFADQJsPAB4&list=UUOcbeDTjkjsiCTvK49nXYDQ


Effective Letting - Ending a tenancy

This video is about Effective Letting - Ending a tenancy

As a landlord do you have residential landlord property insurance? Don't get cau...

Facebook - 25 November 2014 - 9:57am
As a landlord do you have residential landlord property insurance? Don't get caught out!
#property #management #PRS
http://www.landlords.org.uk/services/nla-property-insurance


NLA Property Insurance | National Landlords Association
www.landlords.org.uk
As a landlord it is vital that you take out residential landlord property insurance as normal home insurance policies are not valid. NLA Property Insurance has been developed specifically for landlords, taking into account all your requirements.

The NLA library is a comprehensive resource for landlords and #LettingAgents. #P...

Facebook - 24 November 2014 - 10:02am
The NLA library is a comprehensive resource for landlords and #LettingAgents.
#PRSadvice #management
http://www.landlords.org.uk/library


National Landlords Association | to promote and protect the private residential landlord
www.landlords.org.uk
National Landlords Association Landlord Library and Resource, Accredited Landlords and Foundation courses

Get advice and guidance on voids & how to use them effectively from this video....

Facebook - 22 November 2014 - 10:56am
Get advice and guidance on voids & how to use them effectively from this video. #PRSadvice #management #lettings https://www.youtube.com/watch?v=m_4VQ_sQQtk&list=UUOcbeDTjkjsiCTvK49nXYDQ


Effectively Letting - Voids

This video is about Effectively Letting - Voids

Are you interested in what's happening in your area? Do you know about the issue...

Facebook - 20 November 2014 - 10:54am
Are you interested in what's happening in your area? Do you know about the issues which can affect you? Is licensing being proposed in your area?

Have a look for any upcoming meetings in your area. Not only will you be given useful advice and up to date information but it will also give you the chance to meet fellow landlords.

http://www.landlords.org.uk/events/meeting


Events | National Landlords Association
www.landlords.org.uk

NLA Mortgages launches new buy-to-let exclusives with Mortgage Trust NLA Mortg...

Facebook - 19 November 2014 - 10:07am
NLA Mortgages launches new buy-to-let exclusives with Mortgage Trust

NLA Mortgages is delighted to offer an exclusive range of 2 year buy-to-let fixed rates with Mortgage Trust. The rates start at 2.34% up to 75% loan-to-value and 3.75% up to 80% loan-to-value. All products in the range have a free valuation for purchases and remortgages.

http://www.landlords.org.uk/services/nla-mortgages


NLA Mortgages | National Landlords Association
www.landlords.org.uk
NLA Mortgages Please read the information below to find out more about finding a mortgage or remortgage to suit your needs and how to apply. Step 1 - Loan Requirements The first section allows you to enter your basic mortgage details including the purchase price, loan required and the expected renta…

This week is Carbon Monoxide Awareness Week. Make sure you know what the dangers...

Facebook - 18 November 2014 - 2:52pm
This week is Carbon Monoxide Awareness Week. Make sure you know what the dangers are!
http://covictim.org/


Carbon Monoxide Poisoning Awareness
covictim.org
Trust in us to help you understand the effects of Carbon Monoxide Poisoning

Have a look at our useful video for hints and tips on best ways to advertising a...

Facebook - 14 November 2014 - 4:58pm
Have a look at our useful video for hints and tips on best ways to advertising a property. https://www.youtube.com/watch?v=BHvX2BKiFo0&list=UUOcbeDTjkjsiCTvK49nXYDQ


Effective Letting - Advertising a Property

Effective Letting (1)

Are you finding that mortgage lenders are becoming increasingly difficult to wor...

Facebook - 13 November 2014 - 4:32pm
Are you finding that mortgage lenders are becoming increasingly difficult to work with?

http://nlauk.wordpress.com/2014/11/13/1765/


Why is buy to let finance problematic for so many landlords?

NLA Blog - 13 November 2014 - 3:05pm

Andy Young, NLA Mortgages expert, analyses recent data from the NLA which suggests landlords are having difficulty accessing finance. A third of landlords want to expand

NLA research has revealed that a significant amount of landlords are being hampered in their efforts to expand due to difficulties accessing finance. The stats suggest over two thirds (67 per cent) of landlords rely on a buy to let mortgage to fund their portfolio, with 31 per cent declaring their interest in looking for additional buy to let lending or re-mortgaging.

This equates to approximately 300,000 landlords that want to expand their portfolio: good news for the housing sector as it is vital in meeting the ever increasing demand for housing. By providing more housing, it will give renters access to a larger variety of properties which can help to keep the cost of renting down.

Why are landlords struggling to obtain finance?

So why are lenders increasingly becoming too conservative with their criteria? The financial crisis has a lot to answer for how lending is handled now. More regulation has been introduced as a way to avoid another financial catastrophe from happening. For lenders to ensure that they are following the responsible lending rules, which were set out by the FCA in the mortgage market review, some may have gone over the top and issued a blanket set of criteria which everyone needs to meet regardless of their individual circumstances. This means that if you don’t tick all the boxes you could be denied finance. It is therefore not hard to see why 56% of landlords think that current buy to let lending criteria is too conservative.

So with lenders trying to cover themselves as well as their customers to ensure that people are less likely to get into financial difficulty it is becoming increasingly harder for landlords to get the necessary lending in order to expand. Landlord A shows the frustration many are feeling:

Landlord A

“Mortgage lenders are becoming increasingly difficult to work with. The requirement to produce further information on income is causing delays and becoming problematic…if your income does not fit their box on criteria they say no, which wastes time and slows the process.”

The landlords that were surveyed declared their frustrations at lenders for not considering their personal situation, with six in ten feeling that their situation had not been taken into account. From a lender’s perspective it is important to consider what the risk involved is, especially when regulation dictates responsible lending, but there also needs to be a sensible balance.

Here Landlord B points to what others are thinking:

Landlord B

“Mortgage lenders should consider each borrower on their own merits, and not impose a blanket ban on lending to individuals earning less than £25,000, regardless of their personal circumstances.  Someone who is lucky enough to have no outgoings, servicing a mortgage with personal income of £25,000 a year is more than adequate.”

There are two ways a landlord can obtain a buy-to-let mortgage, either by going direct to a lender or by using the services of a broker, and the NLA believes it is vital that landlords have access to a wide range of products in order to find the one most appropriate solution for them.

Find a mortgage that suits your circumstances

If you’re a landlord faced with this scenario then you’ll be pleased to know the NLA is one step ahead.  NLA Mortgages was set up with the understanding that landlords need access to a range of products that meet their specific individual circumstances and to provide a solution that’s simple, fast and adaptive to your needs.

We provide a free online search facility which sources from over 600 mortgage products and schemes that are not available in the general marketplace and provide access to buy to let mortgage specialists via a dedicated Helpline.

Don’t just take it from us either; landlords have submitted in excess of £56 million of buy to let mortgage applications to NLA Mortgages this year alone.

For more information on what the NLA can offer get in touch at www.landlords.org.uk/servicesnla-mortgages or call us on 029 2069 5555.


Filed under: NLA

Every so often it’s helpful to get a picture of how you’re doing in the profit s...

Facebook - 12 November 2014 - 9:59am
Every so often it’s helpful to get a picture of how you’re doing in the profit stakes so we thought we’d give you a helping hand. The yield calculators below are designed to give you a rough idea of the financial status of your property investment.

http://www.landlords.org.uk/yieldcalculators

The Telegraph looked at this issue in their article, What's the difference between gross and net buy-to-let rental yield?

http://www.telegraph.co.uk/finance/personalfinance/investing/buy-to-let/11216774/Whats-the-difference-between-gross-and-net-buy-to-let-rental-yield.html


What's the difference between gross and net buy-to-let rental yield? - Telegraph
www.telegraph.co.uk
One minute briefing: a property might have gross yield of 9pc according to lenders' analysis, but offer real returns to buy-to-let investors of under 4pc. Heres why

One in five – or approximately 300,000 – landlords have not been able to expand...

Facebook - 7 November 2014 - 12:16pm
One in five – or approximately 300,000 – landlords have not been able to expand due to difficulties in accessing buy to let finance over the last year!

Would you like to see lenders consider each borrower on their own merits?

http://www.landlords.org.uk/news-campaigns/news/no-buy-let-finance-one-in-five-landlords


No buy to let finance for one in five landlords | National Landlords Association
www.landlords.org.uk
Three in 10 landlords (31pc) say they will look for additional buy to let lending or to re-mortgage in the next three months, yet many may not gain access to finance, according to new findings* from the National Landlords Association (NLA). Over two thirds (67 per cent) of landlords rely on a buy t…

80% of UK's landlords unaware of imminent tenant immigration status law. Don't...

Facebook - 4 November 2014 - 11:01am
80% of UK's landlords unaware of imminent tenant immigration status law.

Don't risk the £3000 fine. If you are not sure of what you need to do have a look at our page for more information:

http://www.nlatenantcheck.org.uk/righttorent.aspx

http://www.24dash.com/news/housing/2014-11-03-80-of-UKs-landlords-unaware-of-imminent-tenant-immigration-status-law


NLA Tenant Check - Tenant & Guarantor Checks
www.nlatenantcheck.org.uk
As you may already be aware, private landlords will soon be required to check the immigration status of new tenants before granting a residential tenancy. On 1st December 2014, the regulations will come into effect in Birmingham, Walsall, Sandwell, Dudley and Wolverhampton.

TOP TIPS: How to avoid weather related problems this winter wp.me/pJhLb-si

Facebook - 3 November 2014 - 5:06pm
TOP TIPS: How to avoid weather related problems this winter wp.me/pJhLb-si


TOP TIPS: How to avoid weather related problems this winter

NLA Blog - 3 November 2014 - 5:01pm

The Scottish Government launched the Ready for Winter? Campaign on Tuesday 21 October, which aims to encourage people to ‘think ahead’.  They provide some useful hits and tips for people in Scotland to ensure they have taken appropriate precautions this winter. 

With that in mind the NLA has selected some useful hints and tips which any landlord can benefit from, ensuring tenants stay warm and landlords avoid any unnecessary problems. 

For more useful hints and tips from the Read for Winter Campaign search for #ReadyWinter14 on twitter or have a look at their twitter page @readyscotland. 

Top tips to help landlords through the winter  1)     Information packs 

Doing a few small things now could save a lot of trouble later. Preparing an information pack for your tenants detailing where things are located and what to do when it gets colder can help avoid any bigger issues such as burst pipes or higher energy bills. The NLA’s tenant information pack contains all the key things your tenants need to know. 

2)     Energy efficient homes

The minimum energy efficiency standard for all rented properties to reach an EPC rating of E or above will apply to all new tenancies from 1 April 2018. It is therefore best practice to get your properties up to standard as soon as possible. Things such as loft and floor insulation as well as filling wall cavities and draft proofing can help towards meeting the standards. Having an energy efficient home will not only help save on energy bills but also help towards problems such as mould.  You can contact your local council to see what help is available.

The NLA is currently developing a more comprehensive service, which will launch in the near future. We will inform all members once the service becomes available, so you can benefit from the services and make your homes more energy efficient.

3)     Looking after your pipes this winter

Having a burst pipe is an unnecessary cost which can be avoided providing preventative measures have been put in place. It is therefore a good idea to think about the various areas where a problem might occur. If for example your property is vacant over the winter months make sure you turn off the water supply and drain the system.  It is also worth considering fitting an automatic stop valve as it can reduce damage from a burst internal pipe. Water tanks should be fitted with an insulation jacket and pipes should have adequate insulation, at least 19mm thick. Finally repair any leaks or drips as soon as you discover them. 

For more information see:

4)     Flooding

If you are worried that your property might be at risk of flooding then make sure you have adequate insurance against flooding and it is also worth considering flood protection products that can be fitted to your property in case of a flood. Make sure your tenants familiarise themselves with how to shut-off gas, electricity, oil-fired heating and water supplies, even in the dark. This information should also go in an information pack for your tenants so that they have something to refer to and refresh their memories if need be. The information pack can also detail how to use the flood protection products. It is also a good idea to keep a list of useful contact numbers, including your area’s Floodline quick dial code.

For more information see:


Filed under: NLA

It is not unusual for landlords to experience rent arrears. Why not have a look...

Facebook - 1 November 2014 - 8:40am
It is not unusual for landlords to experience rent arrears. Why not have a look at protecting your income.

http://www.landlords.org.uk/services/nla-rent-protect


NLA Rent Protect | National Landlords Association
www.landlords.org.uk
It covers you for up to £2500 per month in unpaid rental income and it covers legal costs to help you in the recovery of unpaid rent.
© National Landlords Association : 22-26 Albert Embankment, London SE1 7TJ