Are First Time Buyers Really Unable to Get Mortgages… and Another Word About Lease Options

“First time buyers cannot get onto the housing ladder. They are priced out of lots of areas where they would like to live”. You hear this kind of thing quite a lot: Young first time buyers are priced out because they are not earning enough or because they cannot raise the necessary deposit to get a mortgage. But is it […]

Read more

Why Town Hall “Not for Profit” Letting Agencies Fail

Local authority schemes to attract private landlords to let to people with few housing options often fail. Here at LettingFocus, we explain why. I was invited to speak at the Chartered Institute of Housing (CIH) Homelessness conference in Nottingham last week. This is a big national event to which around 140 local authority and housing association staff from all around […]

Read more

Buy to Let Mortgages and Tenants on Benefits

Some mortgage lenders still don’t let landlords who have mortgage loans with them to let their properties to tenants who are on benefits. Many private landlords are reluctant to let to tenants who are dependent on housing benefits, preferring tenants who do not have to rely on the state for any assistance. There are a number of reasons why: 1. […]

Read more

Is Prime London Property due a Fall from Grace

David Lawrenson of www.LettingFocus.com suggests that the relentless rise in residential property prices in Prime London could be due a big breather. Prices of what’s sometimes know as Prime Residential Property in London will always go up, right? Well, not necessarily. Sure, Prime London – by which commentators usually mean non-social housing stock in the Central London up market areas […]

Read more

Tenancy Deposits and Tenancy Deposit Schemes

David Lawrenson of www.LettingFocus.com prefers tenancy deposit schemes where a landlord does not have to hand over the cash. Since April 2007, landlords letting property in England and Wales and who take a deposit on an assured shorthold tenancy (AST) must protect it in a tenancy deposit scheme, tell the tenants which scheme it is in and give them the […]

Read more

London Assembly Housing and Regenerating Committee Consultation on Private Rented Sector

As London Councils and the London Assembly run another consultation on the private rented sector, LettingFocus’s owner starts to feel like Bill Murray in the film “Groundhog Day” Many readers will be familiar with the film “Groundhog Day” in which a bored TV weatherman played by Bill Murray is forced to relive a freezing winter’s day in a nowheresville northern […]

Read more

Getting the Best Buy to Let Mortgage Deal for You

In this blog post, private rented sector expert, David Lawrenson of www.LettingFocus.com looks at how to get the most suitable mortgage deal. I’m often somewhat surprised by the fuss folks make about getting a mortgage and some of the wrong decisions they make too. To us it seems pretty simple. The first question to ask is for how long you […]

Read more
1 2 3 5