Worried bill payers ‘should contact suppliers’

Tenants who are worried about their energy bills should speak to tariff providers immediately, it has been advised.Many bill payers will worry about their fuel bills following the big freeze this month, moneysupermarket.com revealed yesterday (January 18th).Some 40 per cent of annual energy consumption is used in the winter months, it was claimed."This recent cold [...]

New rules for doorstep energy sales

Tenants and landlords should be aware of new rules governing doorstep energy sales, which were introduced yesterday (January 18th). USwitch.com states that there is now more protection for consumers, but this does not mean they can let their guards down.A written quote must be supplied by the seller on the doorstep - as well as [...]

CML offers support for tenant protection bill

Tenants whose landlords have conventional mortgages are being supported by the Council of Mortgage Lenders (CML), it has been revealed.According to the CML, some tenants rent property where a conventional residential mortgage has been purchased.Landlords may have chosen this option instead of a buy-to-let loan, which means that the tenants in the former properties are [...]

Interest rates ‘will not rise until 2011′

Landlords considering remortgaging their properties may be interested in claims that interest rates will not rise until 2011.Strategy, risk and economics director at Hometrack Gary Styles said that house purchase volumes have steadily grown recently, but mortgage activity has fallen.Businesses have decided to focus on house purchase lending for existing customers due to government targets, [...]

NLA: Board director has resigned

The National Landlords Association (NLA) has announced the resignation of its board director.Sussanne Chambers was appointed to the board in May last year. She was then elected by her fellow members at the organisation's November annual general meeting in 2009.Ms Chambers will now move on to "an exciting new business venture"as managing director of [...]

New-build industry ‘not feeling truly confident’

Landlords and homeowners are being warned that issues are still affecting the house building industry, which mean it cannot yet "feel truly confident".Managing director of SmartNewHomes.com David Bexon said that decisive government action has not yet followed the strong performance of house building firms.He referred to an announcement by Barratt Developments, which revealed that the [...]

Landlords may see ‘better borrowing rates’

Landlords who are looking for mortgages may be interested in claims that borrowers are getting better rates.However, Moneyfacts.co.uk stated that this may be at the expense of savers, whose rates are being cut.Spokesperson at the company Michelle Slade said: "Providers must strike the right balance between savers and borrowers in order to maintain their balance [...]

Civil litigation cost review revealed

Landlords and tenants who are involved in civil court cases may be affected by a change in the way cases are dealt with.Issues such as landlord and tenant action and personal injury claims are heard in civil court cases.Lord Justice Jackson today (January 15th) published his Review of Civil Litigation Costs, which examined the financial [...]

Landlords ‘saw 7.6%’return in 2009

Landlords will "smile"at return rates revealed in today's LSL Property Services Buy-to-Let Index, it has been claimed. Policy manager at the National Landlords Association Chris Norris said: "Although rental yields may have dipped slightly during 2009, according to LSL, rent arrears were lower than the previous year and property prices are gradually climbing."An average [...]

Rental market could increase ‘due to mortgages’

Landlords in some areas of the UK could see an increase in potential tenants, according to one expert.Director of residential research at Savills Lucian Cook said: "There is the possibility that you will see more long-term rent demand."This is a result of people not being able to access the mortgage market or afford to purchase [...]