Insurance News Archive
- 31 Mar 2009
Legislation 'will Not Solve Private Rental Sector Problems'
Tom Entwistle, director at LandlordZONE, says that new laws are unlikely to help tenants that may be made homeless and adds that where existing regulation falls down is "in the inefficient way it is implemented by the civil justice system". - 31 Mar 2009
Low Savings Returns 'could Boost Private Buy-to-let Sector'
John Heron, director of Paragon Mortgages, says that residential investment property could offer better earning potential in many cases for consumers whose accounts are offering less than one per cent interest. - 30 Mar 2009
37% Of Landlords 'currently Have Tenants In Arrears'
The National Landlords Association (NLA) says its survey may go some way to explaining why repossessions have risen recently. - 30 Mar 2009
Commercial Property Sector 'will Be Hit By Rates Rise'
Sean Brew, director in portfolio asset management at global real estate adviser DTZ told PropertyWeek that renters are unlikely to have budgeted for such an increase as they are having to carefully manage their cashflow. - 30 Mar 2009
Mortgage Approvals Rise By 19% In February
According to the Bank of England's statistics, 37,937 home loans were granted last month, up from 31,791 in January. - 27 Mar 2009
Campaign Launched To Protect Tenants From Repossession
Shelter, Citizens Advice, Crisis and the Chartered Institute of Housing are recommending the government to change the law so that tenants have time to find other rented accommodation before the property is seized. - 26 Mar 2009
Tenants 'negotiating With Landlords To Get Perks'
Chris Horne, editor at Property Hawk, says renters are looking to secure extras such as satellite television or upgrades to the accommodation such as a remodelled kitchen or new appliances. - 25 Mar 2009
Spanish Property Market 'offering Bargains'
Adam Samuel, director at Nubricks, says there are up to 50 per cent reductions in the price of housing in the European country, attracting investors back to the sector. - 25 Mar 2009
UK Housing Market 'will Be Difficult To Turn Around'
Paul Holmes, chief executive of Firstrung, says: "When house prices collapse it is a very slow return to any sense of normality because it is a really difficult market to turn around." - 24 Mar 2009
Hip Changes 'are Positive For Consumers And Industry'
Lesley Sorridimi, of Hiphiphooray.com, says the document is becoming a consumer product. - 24 Mar 2009
Mortgage Lending Rises To £3.9bn In February
The net value of financing was up from £3.4 billion in January, with 28,179 mortgages approved during February, compared to 24,278 the month before, the British Bankers' Association (BBA) figures show. - 23 Mar 2009
Landlords 'could Be Losing £3bn By Using Letting Agents'
Property services website smartlandlord.co.uk says buy-to-let owners are usually charged 12 per cent of their rental income, or £1,550 a year, to market their accommodation to tenants via a middle man and could save money by advertising homes on the internet.
