Insurance News Archive
- 30 Mar 2007
Younger Landlords Are 'more Responsible'
Speaking after recent research showed that a third of all new buy-to-let investors were aged between 26 and 35, a spokesman for the association, Richard Gard, said: "There are a large number of people entering into it [buy-to-let ownership] who do want to be as professional as possible. - 29 Mar 2007
Developer Merger Indicates Commercial Property "land Famine"
In a statement from George Wimpey, the two companies noted that the merger should bring benefits including a better ability to "take through the planning process and develop significant parcels of land, enhancing the value created." - 28 Mar 2007
Small Town Surprises In Top Ten Commercial Property Sites
While London, Manchester and the Home Counties remain popular, the study by Officebroker.com ranked locations by number of offices let, percentage revenue achieved and the percentage number of total deals and found that some small towns like these are also seeing high demand for serviced office space. - 27 Mar 2007
Landlords Warned Of Property Subsidence 'threat'
The insurer advised that homeowners should pay close attention to the growth of trees and other vegetation around their property in order to get early indications of the possibilities of subsidence, but the advice is just as valid for landlords. - 26 Mar 2007
Rics: Changes To Empty Property Relief "could Have Significant Adverse Affects"
But the Royal Institution of Chartered Surveyors (Rics) believes that this "could have significant adverse effects on commercial property" due to the added risk of incurring costs if property is unable to be let. - 23 Mar 2007
Budget Provides "good News" For Property Investors
New legislation will see cuts to the tax disadvantages to rental income for authorised property investment funds provided by open-ended investment firms. - 22 Mar 2007
Landlords Hit Out At "heavy-handed" Tenancy Deposit
Aimed at protecting deposits from rogue landlords who never pay them back to tenants, the legislation provides three schemes which include landlords paying a premium if they want to keep the deposit themselves or handing it over to a third party. - 21 Mar 2007
Listed Buildings 'may Be Good Investment'
According to property consultancy Lane Fox, Grade I and II listed homes have proved beneficial to buyers for a number of reasons including potential tax breaks for maintenance of the building. - 20 Mar 2007
UK 'leading European Commercial Property Activity'
Last year alone £10 billion was spent on commercial property overseas by UK investors, which may herald increased activity in commercial mortgages in future months. - 19 Mar 2007
Tenant/landlord Communication Is Key
"Whilst keeping a constant dialogue going you will always be aware of the tenants' situation and this should highlight any possible problems," Paul Shamplina, co-founder of tenant eviction company Landlord Action, told Easier Property. - 16 Mar 2007
Property Owners Reminded Of Arson Threat
Research from the insurer Axa showed that more than half of all money paid out to UK firms in crime-related insurance claims is the result of arson, but the firm believes the risk is not taken seriously enough by businesses or landlords. - 15 Mar 2007
Hips Coming In Under Budget
So far the introduction of Home Improvement Packs has cost the government £11 million, but there is still a £5 million fund to call upon if necessary, according to official figures.
