Will the BTL investor still be around 2034?

29 May, 20140 Comments
As anyone in any way concerned with the PRS or housing is aware, the most recent English Housing Survey Report showed that 18% of English homes are rented from private landlords which is unprecedented within the last 50 years. However, at the same time, there are many challenges facing private landlords, not least of all
Read more

Is your referencing as iffy as Halal meat?

12 May, 20140 Comments
Recent reports have revealed that millions of people in the UK have been eating Halal meat without knowing it – which has led LRS to reignite the debate on the ethics behind mainstream referencing companies offering cheap references, that fail to clearly display that they must be attached to an expensive insurance product. Features in
Read more

Landlady finds £160,000 of cannabis in property let out to businessman

01 May, 20140 Comments
A Yorkshire landlady found £160,000 worth of cannabis growing in her house after letting it out to a businessman. Timothy Young, 48, was caught out after his landlady returned with her family to the UK to attend a funeral and went to inspect the property. She went to the house on Hollingthorpe Lane, Hall Green,
Read more

Foxtons in legal battle with landlord following bad tenant experience

15 April, 20140 Comments
Estate agency giant Foxtons have recently been taken to court by a landlord client following a row over unpaid commission after complaining that the previous tenants had trashed his property. The dispute began in 2007 when private landlord Jonathan Bloom instructed Foxtons to let out a house he owned in South Hampstead. He said he
Read more

Bank turns Referencing Company down on venture that would protect their mortgagors – WHY?

05 March, 20140 Comments
Landlord Referencing Services LLP has recently had an interesting conversation with a Bank that was interested in working with us on an affiliate basis. After a long discussion about the pros of this bank supporting LRS, whereby they would inform their existing buy to let clients about how Lifestyle Referencing may help prevent them from
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

When does your friend become your landlord?

25 November, 20130 Comments
The obvious answer is when they let property to you, be it a house, garage, flat or “just” a room. While in all of the above scenarios there is the potential for trouble as business is being mixed with friendship, when actual living space is shared, the problems often multiply by a factor of 10.
Read more