Insurance News Archive
- 30 Apr 2009
House Prices Fall By 0.4% In April
Nationwide's monthly price index showed that the average cost of a home in the UK now stands at £151,861, which represents a 15 per cent decline compared to the same period in 2008. - 30 Apr 2009
Landlords Advised To Take Out Rental Guarantee Insurance
Sales and lettings agency Young London suggests investing in insurance when signing up new occupiers, especially in the current economic climate. - 30 Apr 2009
NLA Calls For Courts To Scrap Tenancy Renewal Fees
Landlords in London and the south-east are currently subject to charges for renewing a tenancy agreement, even if they have been managing a property themselves throughout a contract's duration. - 29 Apr 2009
Top-end Rental Prices 'could Slowly Increase Again'
Keshav Thukaram, managing director of smartlandlord.co.uk, says any rise is likely to occur at a slow pace as long as the economy remains fragile, however. - 29 Apr 2009
Two-thirds Of Female Landlords Aiming To Expand Portfolio
A survey by the National Landlords Association reveals that women are positive about the future of buy-to-let investment, with 87 per cent saying they believe property generates a better return than interest in savings. - 28 Apr 2009
Commercial Property Owners Call For Tighter Insolvency Rules
The appeal follows the finalising of a company voluntary agreement (CVA) with JJB Sports, allowing the beleaguered firm to change the lease terms for 250 of its stores, meaning rent can be paid monthly. - 27 Apr 2009
Brits Choose European Property 'over Other Investment Options'
PrimeLocation.com recently reported that there was a 14 per cent rise in enquiries about overseas accommodation, with Spain making up 31 per cent of all requests and France 25 per cent. - 24 Apr 2009
First-time Buyer Scheme 'must Be Supported By Lending'
Helen Adams, managing director at FirstRungNow.com, said it was good that the government had decided to increase investment in the scheme as part of the Budget, but added that this must be supplemented by increased lendings. - 24 Apr 2009
Make Sure The Rent Comes In Every Month
Advice from Young's, an estate agent, includes getting employers' references in writing and check the reference details given are current companies and not a previous employer. - 24 Apr 2009
Rental Sector 'to Boom' This Year
Industry experts have predicted an increase in age for first-time buyers as reduced loan-to-value ratios will see people getting older before they can afford to purchase a home. - 23 Apr 2009
Increasing Deals 'down To Price Cuts'
Recent figures released by HM Revenue and Customs show a 40 per cent month-on-month increase in real estate being sold for more than £40,000 in March. - 23 Apr 2009
Some Lenders 'will Not Sign Up To Govt Scheme'
According to the Council of Mortgage Lenders, it is "already presumed" that some will not sign up to the initiative which will help those with difficulties making repayments on their property.
