payments

payments

Victim of the Bedroom Tax – Suicide note to David Cameron

25 January, 20160 Comments
An inquest has heard how a mother who faced eviction due to the bedroom tax after her son died has been found dead with a note to David Cameron close by. Frances McCormack, a 53-year-old school cook, had been ‘hounded’ for bedroom tax payments since the suicide of her 16-year-old son Jack Allen in 2013.
Read more

Rising rents and low wages fuelling £25bn housing benefit bill

25 January, 20160 Comments
According to the Independent; Britain’s estimated £25bn housing benefit bill for 2015-16 is being fuelled by soaring rents in the most prosperous parts of the country as workers struggle to find affordable accommodation. In the South-East of England, Welfare spending is rapidly growing and being driven by the growing costs of housing benefit payments. The
Read more

How Could Selecting the Right Tenants Protect Your Investment?

01 May, 20140 Comments
For many people, renting a property is a very strong investment with a good turnover. That is, providing the tenants you have don’t destroy the property and cause issues, and providing that they actually pay the rent. Choosing the wrong tenants could be a very costly decision which could even result in you defaulting on
Read more

Landlords can now generate money from generating renewable energy

10 April, 20140 Comments
A government-backed scheme, that was originally expected to launch in Autumn 2012, that will pay social and private landlords for the green heat generated from their homes has finally been launched this week. This offer is also open to homeowners and self-builders, where the Domestic Renewable Heat Incentive offers payments to offset the cost of
Read more

PRS Rent arrears UK’s best kept secret

11 March, 20140 Comments
Rent Arrears are now the fastest growing debt dilemma in the UK, but are also the most hidden debt – especially for private renting tenants. For example: A recent report revealed a total of 10,606 tenants in the West Midland borough of Sandwell were in rent arrears – owing Sandwell council a combined £5.3m in
Read more

A bottle of wine or a bad tenant? – What a choice to make!

25 February, 20140 Comments
Last week we heard that the Bank of England was not going to raise interest rates until Mid-2015 and one of the reasons for raising rates was because savers were suffering. I questioned whether those savers were big corporations who had vast swathes of cash or just pensioners that received more money in interest and
Read more

£140 million wasted on welfare reform IT systems that don’t work!

07 November, 20130 Comments
The DWP has been slammed by a cross-party committee regarding a ‘shocking lack of financial control’ over the governments ‘flagship’ Universal Credit programme. Universal Credit, which aims to roll several benefits into one single payment made direct to the claimant, has been scrutinised by The Public Accounts Committee – saying that any deadlines for the
Read more

Infested with fleas and garbage [PICTURES INCLUDED] #TerrifyingTenantTales

31 October, 20130 Comments
Tenant Alert References : L/TM/141013 & L/BE/141013 I had two lots of great tenants, one awful agent who ran off with deposits and rent, one good agent (Fairfield Estates) and two very self-centered tenants. I respect my agent for always seeing both sides of the coin, but even they were surprised when these tenants turned
Read more

UC pilot begins | London landlords protect yourself today!

28 October, 20130 Comments
The Government is launching its next phase of its new benefits system ( Universal Credit ) in the London Borough of Hammersmith and Fulham today. It seeks to simplify the existing system by combining 6 benefits into 1, but opponents say it is misleading and will increase debt, mass evictions and homelessness. Many landlords within
Read more
  • 1
  • 2