Our next North East Property event will be held on Wednesday 9 May 2012
It’s all about the Money!
That’s why we are in property, right? But with a double dip recession biting, actually getting paid your rent is becoming more of a challenge for many of us. And when a tenant falls into arrears, and we eventually get through the process of eviction and re-letting, we are well out of pocket.
Our speaker for the evening is Caroline Saul of Red Roof Community Engagement Services Limited and Red e-lets, who is going to talk to us about a fresh approach to dealing with the problem.
Caroline and her team have extensive experience of working within the community, housing, courts, restorative justice, social support and anti-social behaviour. Using this experience and their network of contacts, they can deliver new ways to engage with tenants, saving landlords money on legal fees, possessions, void losses and arrears.
We are also going to be doing a little bit of “fact finding” around your current experiences with Durham County Council and LHA payments, so that we can try to get them resolved.
Posted in Experts.
By admin
– May 8, 2012
A survey* by the National Landlords Association (NLA) has found over three quarters of landlords have not been approached by their local authority to reduce rent for tenants on housing benefit.
Just 25% of landlords say their local authority has contacted them and actively negotiated with them to reduce rent for tenants on local housing allowance (LHA).
The survey also shows 53% of landlords believe the LHA cuts have made it unaffordable to let to benefit claimants. Nearly half of landlords (46.9%) believe tenants aged under 35 will be hit hardest by the changes.
The LHA cuts have seen maximum rent benefit payments reduced to the 30th percentile of local average market rents, rather than the previous 50th percentile. Caps have also been introduced, based on the size of the property.
Continued…
Posted in Experts, Finance, Regulation.
By admin
– April 26, 2012
A survey* by the National Landlords Association (NLA) has found more than half of landlords can no longer afford to rent to housing benefit tenants because of cuts to the allowance.
The survey showed 53% of landlords believe the local housing allowance (LHA) cuts have made it unaffordable to rent to those on benefits.
Nearly half of landlords (46.9%) believe tenants aged under 35 will be hit hardest by the changes and almost 69% of landlords say they can’t see themselves letting to LHA tenants in 2015.
The LHA cuts have seen maximum rent benefit payments reduced to the 30th percentile of local average market rents, rather than the previous 50th percentile.
The age at which a tenant on benefits qualifies for any more than a single room in a shared house has also been raised from 25 to 35, forcing many more people into shared accommodation.
Continued…
Posted in Experts, Finance.
By admin
– April 26, 2012
My|deposits, a government-authorised tenancy deposit protection scheme, has released a series of adjudication case studies to give landlords and letting agents a behind the scenes look at how deposit disputes are resolved.
The good news is that only a little over 1% of deposits protected with my|deposits give rise to a dispute needing formal resolution at the end of a tenancy. In this unlikely event, the scheme offers a free and impartial service to landlord and agent members and their tenants who, despite advice and assistance, are unable to come to an agreement over the return of the deposit money.
The case studies are actual adjudication decisions, covering issues such as damage caused by a frozen pipe leak in winter, garden maintenance and unfair re-letting fees. The case study library will be expanded each month with new examples of common dispute issues.
Continued…
Posted in Experts, Regulation.
By admin
– April 26, 2012
Our next North East Property Forum event will be held on Wednesday 11th April 2012.
At this meeting Michael McGrath will be speaking to us regarding the forthcoming Green Deal. The presentation promises to be very informative and will provide you with the knowledge you need to understand what the Green Deal is all about, how it will work and how you, as a landlord can implement it into your property stock.
It’s happening on the evening of the 11 April at the Cathedral Suite, Durham International Cricket Club, Riverside, Chester le Street, Co Durham DH3 3QR
Registration and Networking is from 6.30pm. Please note the speaker will commence speaking at 7.00 pm prompt.
So, if you would like to join us for this event, then please follow the link to register online and reserve your place.
http://www.northeastpropertyforum.com/events/april-event-2/
Posted in Experts.
By admin
– March 27, 2012
The next North East Property Forum Meeting will be held on Wednesday 14 March 2012.
Our speaker for this evening will be Paul Almeida from Investment Mastery who will be speaking to us about trading and investing stocks and forex for complete beginners.
Paul has been trading for 6 + years. He commenced his career trading stocks and then moved onto the Forex Market.
After teaching some of friends and family how to trade he discovered a passion for teaching and over the past 4 years he has taught thousands of people how to trade.
Paul now works with Marcus de Maria at Investment Mastery. Marcus and Paul believe that anyone can succeed at trading, in the same way that anyone can succeed in business, sports or any other venture they choose to undertake as it comes down to a mindset. To be a success, you must first believe that you can have it, from spending time with the people who other successful traders.
For more details or to register for this event, please CLICK HERE
Posted in Experts, Finance, Trading.
By admin
– February 28, 2012
“Luck is a matter of preparation meeting opportunity.”
Oprah Winfrey
Posted in Quotes to Inspire.
By Karen
– February 23, 2012
“Ninety-nine percent of failures come from people who have the habit of making excuses.”
George Washington Carver
Posted in Quotes to Inspire.
By Karen
– February 16, 2012
“Even if you’re on the right track, you’ll get run over if you just sit there.”
Will Rogers
Posted in Quotes to Inspire.
By Karen
– February 9, 2012
“Do it big or stay in bed.”
Larry Kelly
Posted in Quotes to Inspire.
By Karen
– February 2, 2012
