Property Hawk the landlord's homepage since 2006
Free Tenancy Agreement FREE tenancy agreement
Free Landlord Software FREE landlord software
Home | Property Manager | Free ASTs | Landlord Forms | Mortgages | Insurance | Inventory | Magazine | Landlords Bible | Directory | Forum | Training | News / Blog |

Tuesday, September 27, 2016

8 million expect to rent forever

Take advantage of our discounted landlord insurance rates

Big fall in mortgage lending

Take advantage of our discounted landlord insurance rates

Additional landlord licensing in Lewisham

Take advantage of our discounted landlord insurance rates

Sunday, September 25, 2016

Saturday, September 24, 2016

Right to buy pledge not met

Take advantage of our discounted landlord insurance rates

The average first time buyers age

Take advantage of our discounted landlord insurance rates

Changing from sole to joint tenancy


We have had a recent post from a landlord looking to change a tenancy from a sole tenancy to a joint tenancy as a result of a recent cohabitation of tenants.  This is an interesting question as you don't want to be caught out..should you us a deed of variation for instance.

We have also covered the opposite where tenants break up and the tenancy needs to change from a joint to a sole tenancy.

Things never stand still when it comes to the occupation of your rental properties so keeping the legal documentation up to date and relevant is critical.

Landlord insurance - where to get expert brokers - online rates




Thursday, September 22, 2016

HMRC to tackle stamp duty avoidance

Take advantage of our discounted landlord insurance rates

Keeping quiet about your BTL

Take advantage of our discounted landlord insurance rates

CML report housing market recovery

The Council of Mortgage Lenders stats for August saw the highest August lending rate since a pre-crash August 2007.

Gross mortgage lending was £22.5 billion during the month of August, 7% up on July ( £21.1 billion).

The August 2016 figures are 15% higher than August 2015 (£19.5 billion), The last time this figure was  surpassed for August was August 2007 (£33.6 billion)

CML's senior economist, Mohammad Jamei comments:

"Widely voiced fears in recent months about the housing market have proved to be wide of the mark. Prospects for house purchase activity post-referendum look slightly subdued, when compared to late 2015 and early 2016. However, sentiment in the market recovered in August. This is reflected in stronger-than-expected transaction figures, and in our gross lending estimate.

This recovery in sentiment is likely to be down to a number of different factors, including the Bank of England’s monetary stimulus and its introduction of the Term Funding Scheme in August. A subsequent uptick in approvals is anticipated, albeit still at levels lower than earlier this year as affordability constraints and lack of properties on the market for sale continue to bear down on borrowers. The Bank also continues to indicate another rate cut on the cards, if medium term prospects remain unchanged."

Read more - CML report late summer lending surge

Take advantage of our discounted landlord insurance rates

The first property ISA

Take advantage of our discounted landlord insurance rates

Trip Advisor style site for tenants

Take advantage of our discounted landlord insurance rates

Tenancy deposits reflect PRS growth

The latest statistics from the Tenancy Deposit Scheme shows that at the end of March 2016 there were a total of 3.426m deposits protected across England and Wales; up 360,000 over the year.

The total value of these deposits was £3.567bn, up £379m over the year.

The average deposit remains static at £1,041. 

Steve Harriott Chief Executive of the Tenancy Deposit Scheme and the new TDS Custodial scheme comments:

“These figures demonstrate the continuing growth of the private rented sector, which is now larger than the social housing sector in England and Wales. The huge number of deposits being paid by tenants at a value of some £3.5bn demonstrates the need for tenancy deposit schemes to ensure that deposits are protected for tenants." 

Take advantage of our discounted landlord insurance rates

Tenants hit by online rental frauds

Take advantage of our discounted landlord insurance rates

Selective licensing in Redbridge?

Take advantage of our discounted landlord insurance rates

Wednesday, September 21, 2016

99 facts about fire doors

Take advantage of our discounted landlord insurance rates

Latest Prime London Property report

Take advantage of our discounted landlord insurance rates

Tenants win leaky counterclaim

Take advantage of our discounted landlord insurance rates

Tuesday, September 20, 2016

London's luxury student accommodation

Take advantage of our discounted landlord insurance rates

Campaign to ban £115m agency fees

Take advantage of our discounted landlord insurance rates

BTL investors to sue Skipton and BofI

Take advantage of our discounted landlord insurance rates

Asking prices start to recover

Rightmove has released its House Price Index for September 2016
  • Prices of property coming to market up 0.7% (+£2,277) following a 2.0% fall 
  • Prices of smaller properties  coming to market ( 2 beds or less ) up 3.3% (+£6,240) 
  • Asking prices now almost £20,000 (+10.5%) higher than a year ago in this sector
  • Seven out of 10 regions see asking prices rise or standstill
  • First full week of September sees visits to Rightmove up 8% on same period in 2015


 Rightmove's Miles Shipside, comments: 

“Some of those trying to get onto the property ladder may have wistfully listened to speculation of lower prices in a post-Brexit Britain. While the referendum result has created additional downwards price pressure in some upper segments of the market that were already slowing, those who do not own a home and arguably have the greatest housing need are now finding it harder to achieve their goal in the post-Brexit-vote aftermath. In their favoured target sector with two-bedrooms or fewer average asking prices have jumped by over £6,000 in the last month as we enter the typically active Autumn market.”

The rising tide of prices is marooning more and more first-time buyers, out-stripping their ability to meet stricter lending criteria and afford the required deposits and monthly repayments. Increasing numbers are being cut off from home-ownership altogether and while schemes are in place to help, the additional demand they create is not matched by available and affordable supply. With an average rise of over 10% in prices of typical first-time buyer properties over the last 12 months, minimum entry prices in some locations will go above what lenders are able to lend to most aspiring first-time buyers. Ironically the post-referendum uncertainty has made some sellers of larger and higher value homes more willing to negotiate, making it easier for those already on the ladder to trade up. There appear to be no such positives at present for those hoping to get onto the property ladder, especially as agents report more investor activity attracted by better returns than available elsewhere.

The market continues to shake off the effect of post-Brexit vote uncertainty, though more so in the lower end sector. Buyers are still looking and enquiring, but there are limits on their willingness or ability to pay over the odds so sellers should be wary of over-pricing unless their local market can really justify it.”

property asking prices august2016

PRS has a problem with damp

Take advantage of our discounted landlord insurance rates

2 in 5 tenants are over 46



Take advantage of our discounted landlord insurance rates

Latest TDS rental data

The Tenancy Deposit Scheme has published rental data for August 2016. Taken from a sample of 31,609 records it shows the North East is the cheapest region, with London clearly the priciest.

The country's most expensive postcode was WC, at £2,272.53 pcm, the cheapest, Sunderland's at(SR) postcode at £462.22.

Steve Harriott, Chief Executive of the Tenancy Deposit Scheme comments:

“This data comes from landlords and agents registering new deposits on our database in August 2016 and advising us of the monthly rent that they charge. The figures show starkly the differential in regional rents across England and Wales”.

Saturday, September 17, 2016