Landlords advised not to gamble

Private landlords have been advised to play safe and purchase rent protection insurance.Michael Portman, managing director of Let Insurance Services, warned landlords to take out the cover even if they believe they have a good tenant.He said that even when tenant credit checks are made successfully, there is still a chance that the tenant could [...]

Government should help prevent repossessions –Lib Dems

The government has not done enough to stop people's homes being repossessed, the Liberal Democrats have stated.According to deputy leader and treasury spokesperson Vince Cable, many families are unable to make ends meet as a result of the recession.He warned that even with energy and food prices coming down, lots of people are already at [...]

Homeowners less likely to sell up

Many homeowners are opting to hold on to their properties for a longer period of time, an expert has statedChris Martin, an architect at theHousePlanner, said the economic downturn means people are less likely to put their homes on the market.This, he continued, is leading to many looking at ways of improving their property and [...]