Local Housing Allowance and More Changes to Policy

David Lawrenson of www.LettingFocus.com explains the “work arounds” and the sleights of hand involved in the latest changes in Local Housing Allowance funding. The government has just voted to cap rises in several benefits, including local housing allowance (LHA) base rates, at the lower of 1% or the 30th percentile of local rents – which means that in practice, in […]

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Generation Rent

Be aware of the holes in TV documentaries about the private rented sector says David Lawrenson of LettingFocus There was an interesting programme on ITV last week from the “Tonight” team. Called “Generation Rent” the programme set out to look at a number of aspects of the growing private rented sector and the problems people face trying to scrape together […]

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Private Landlords and Finding Information that is Useful

When it comes to gathering information on the private rented sector or any sector, choose what you read with care says David Lawrenson of www.LettingFocus.com Back when I was working for a bank I acquired a lot of bank shares. So did my partner who worked for another bank. They were worth quite a bit back in 2007. And then, […]

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Property Lease Options The FSA Catches Up

Synopsis: The media and the FSA catch up on an emerging scandal we first wrote about 2 years ago. It’s nice when the media catches up on an emerging scandal that we at LettingFocus first wrote about almost 2 years earlier. This is the summary of one such news story. Sound familiar? “Property investors are willing to buy peoples’ homes. […]

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Buy to Let Mortgages, the SVR and Follow On Mortgage Rates

Landlords (or indeed anyone buying a property) face ever rising costs to buy and sell property. On the buying side, stamp duty and the now ubiquitous “mortgage arrangement fee” are both much higher than in days gone by and local councils also charge more for searches. On the selling side, estate agency fees continue to rise. On both buying and […]

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Olympic Property Letting Frauds Plus Private Landlords and the Media

Summary – Why the private rented sector is in the news so much. Plus, a prediction of coming Olympic property letting fraud. So, the private rented sector is in the news. Indeed it is in the news a lot. And that’s not surprising because, for the first time since the 1960s, more property is in the private rented sector than […]

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