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More Rental Property Part of Government Deal Published on 13/01/2009

An 18m pounds deal to provide more rental accommodation and affordable housing has been announced as part of the Government\'s programme of action to tackle current difficulties in the housing market. The deal has been done through the Government\'s National Clearing House with Bovis Homes, which enables house builders to sell their unsold stock to Housing Associations for use as affordable...

Absent Landlords Make VAT Demand Stronger Published on 13/01/2009

Cutting VAT on the renovation and repair of residential properties from 15 per cent to 5 per cent would encourage owners of empty homes to bring them back into use - and thereby clear council housing waiting lists. If only a tenth of the country\'s three quarters of a million empty homes could be brought back into use, there would be no need for any family to remain homeless and in temporary...

Landlords Warned Not to Cut Back on Safety Checks Published on 13/01/2009

The Health and Safety Executive (HSE) has again warned all landlords to ensure gas appliances are safe for tenants following the successful prosecution of a landlady who failed to ensure the safety of gas appliances in one of her properties. Aruna Pravin Kukadia pleaded guilty on 15 December to a breach of Regulation 36(3) of the Gas Safety (Installation and Use) Regulations 1998. She was...

Landlords Guide to Safety Rating System Published on 12/01/2009

When a local authority identifies a serious health and safety hazard under HHSRS it can order the landlord to make immediate improvements to remove the hazard, or even shut the property down altogether. This fact sheet, prepared by the Energy Efficiency Partnership for Homes gives details. What does the HHSRS include? There are twenty-nine categories of hazard included in the HHSRS. These...

Property Market Could See Bounce as High as Fall Published on 12/01/2009

Residential landlords saw the values of their property fall by 12.2 percent in November, according to the latest figures for England and Wales from Land Registry. The average house price is now 161,883 pounds representing a monthly decrease of 1.9 percent. London experienced an annual decrease in its average property value with a movement of -10.2 percent, taking the average London house...

An Investors Guide to Croatia Published on 07/01/2009

Formerly part of Yugoslavia, Croatia declared independence in 1991, igniting a war with Serbia that lasted for over 4 years. Following elections in 2000 that brought defeat of the former right wing nationalist government, the country has since undergone democratic reform. It currently has EU candidate status and is next in line to join after Romania and Bulgaria. Membership could come this...

Are You Complying With Energy Performance Requirements? Published on 07/01/2009

Since October 2008 landlords offering property for rent have been required by law to provide prospective tenants with an Energy Performance Certificate for their property to let. Certificates (EPCs) have to be provided free either when (or before) any written information about the property is provided to prospective tenants or a viewing is conducted. They will not have to be provided if...

Landlords - Were You Ready For EPCs? Published on 07/01/2009

Since 1st October 2008, all rental properties with a new tenancy in England and Wales have been required to have an Energy Performance Certificate (EPC). Why should you care? Because your prospective tenants will be able to easily see how energy efficient and environmentally friendly your properties are, and if you have invested in energy saving measures your properties will perform well...

Make Certain in Uncertain Times Published on 07/01/2009

Many landlords have no idea of the level of their property insurance, and many would be shocked to discover they are seriously underinsured. Depressed property prices are unlikely to rectify matters, because although property prices have been lower, repair, renovation and rebuilding costs have continued to rise. The cost of rebuilding a property will not be the same as the market value....

An Investors Guide to Turkey Published on 07/01/2009

Linking Asia and Europe, Turkey is an aspiring member of the European Union. The country will this year begin formal negotiations for full membership following a period of democratic and economic reforms. However, stormy relations with Greece, especially over Cyprus, remain a difficulty. Turkey has land borders with Bulgaria, Greece, Syria, Iraq, Iran, Armenia and Georgia and a coastline...