How to credit check your tenants

This is vital to do before you hand over the keys of your property. After all this is a valuable asset which you have a lot of money invested in. You need to do your utmost to get a trustworthy tenant who will pay the rent.
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High tenant demand will sustain rent levels for five years expert believes

The high demand for rented accommodation means Landlords will enjoy their current returns for another five years or so, it has been claimed.
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Landlord Action deliver petition against squatting

Landlord Action, an organisation specialising in helping landlords with problem tenants, has delivered a petition signed by 1400 people to 10 Downing Street, in an effort of criminalise squatting.
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Control your own rent payments

A standing order is the usual way to collect rent payments from tenants, which leaves the tenant in control. This is typically because there wasnt a viable alternative, until now.
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Expert states that lack of supply will keep rents high

The last 12 months have been profitable for many of those with buy to let insurance and the good times look set to continue for the foreseeable future due to a lack of supply, according to one expert.
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Successful Buy to Let Property Investing

Making a success from a buy to let property involves much more than purchasing a house and finding people to occupy it. There are a raft of issues prospective landlords must check and think about before they part with their money.
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Are you properly insured?

Property values in the UK fell slightly for the first part of 2011 (Nationwide indicated an average fall of 1.3%, Halifax a fall of 3.7% and the Land Registry a fall of 2.3% for the same period). With fewer first time buyers entering the market. According to the Council of Mortgage Lenders property investors took out 27,600 buy to let mortgages (totalling £2.9 billion) in early 2011 which was 3.5% lower than loans taken out in the last quarter of 2010 (11% fall in overall mortgage lending in the first part of 2011).
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Landlord Action wins Landlord Supplier of the Year at the PPS & EAT Awards 2011

  Tenant eviction and debt recovery specialists, Landlord Action, has won the title of Best Landlord Supplier at this year’s PPS & EAT Awards on Tuesday 10th May 2011. Held in the Grosvenor House’s prestigious ballroom on Park Lane, guests were treated to a three course meal before the winners of the eleven categories were announced by host for the evening, Apprentice Star, Jamie Lester. Founder of Landlord Action, Paul Shamplina, had to undertake a ‘Dragon’s Den’ style judging process whereby he delivered a ‘live pitch’ to the PPS Dragons about the services that Landlord Action provides.  Paul comments “We are absolutely thrilled to have won this award.  Delivering the pitch was the easy part because we are passionate about the rights of landlords and the service we provide to landlords all over the country, but the real hard work takes place the rest of the time, and this achievement...
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Buying your first Buy to Let Property

Since the mid-1990s the buy to let sector has blossomed into one of the most important parts of the UK housing market.
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Serial bad tenants continue to plague landlords

  Landlord Action, an organisation specialising in tenant eviction, has successfully gained possession of a property after one landlady’s six month battle against a serial offending tenant, which had severe consequences. It highlights once again the crucial need to carry out thorough tenant referencing to avoid falling victim of unscrupulous tenants and the consequences if you don’t.   In August 2010, landlady Mrs Finberg used a local letting agent to rent out her two bedroom apartment in the Borough of Barnet. From the outset, Mrs Finberg was the victim of a rogue tenant who, after paying two months’ rent upfront, failed to make any further payments and went about making ‘decorative’ changes to the property without permission, even though it stated in the agreement that this was not permitted. Mrs Finberg comments “he painted walls and odd cupboard doors, took down radiators, ripped out a sink detaching a waste pipe...
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Why should I invest in student accommodation?

With more students going to university and college each year and an estimated 2.4 million students in the UK, and a huge shortage of accommodation, there is a huge opportunity to make large, passive income from investing in high quality student accommodation located in cities with prestigious universities.
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Paul Preston and Simon Zutshi inspire at the Manchester pin meeting

An absolutely fantastic meeting last week at pin Manchester with a packed full house of Investors. If you attended you would have had the privilege of listening to two fantastic speakers, Paul Preston and Simon Zutshi.
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11 Secrets for Successful Property Viewing

Whether you’re looking to rent or buy, viewing potential properties is a key part of house hunting. Heres how to make sure a property is really worth your money.
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Landlord Action and Kate Faulkner team up for a seminar on the possibilities and pitfalls of buy to let

On Thursday 21st April 2011, Landlord Action, an organisation specialising in tenant eviction, and property expert and Director of Designs on Property, Kate Faulkner, will be joining forces to deliver a seminar on the possibilities and pitfalls of buy to let investments. The one day event will be held at the Holiday Inn, Kensington Forum, London.
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ARLA says novice buy to let landlords must research local context

Budding buy-to-let landlords should research local and background information before purchasing a property to rent in a specific area, it has been suggested. The Association of Residential Letting Agents (ARLA) said this measure is "essential" to ensure money is invested wisely in the sector, Landlords might be interested to hear. ARLA stated: "The rental market does suffer ups and downs and behaves very differently from region to region, so its critical that you select the right property in an area you have researched in detail." And those looking to be successful buy-to-let landlords should ensure they carry out full credit checks on potential tenants and find out their previous employment status, as well as their renting history. This advice comes after ARLA data revealed 71 per cent of landlords surveyed think renting is becoming more popular. Last week, Ian Potter, operations manager of the industry body, stated the private rented...
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Landlord fined for failing to provide safety records

A landlord has been fined £11,500 for failing to provide gas safety records, it has emerged.
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10 Common Reasons Why Inventories Fail at Adjudication

With over 23,500 deposits disputes last year – a figure that is set to increase as tenants become more aware of their rights – it has never been more important to have a proper professional (and independent) inventory.   An inventory is a record not only a property and its contents but also (crucially) their condition at a specific point in time (i.e. at the date the tenancy starts). Many inventories fail to convince the adjudicators because they fall far short of the evidential standards required.  The fact that over 90% of cases are found against landlords indicates that if you do not supply the tenant with a proper professional inventory you may as well not bother at all. These are the most common reasons inventories fail – with tips on how you can ensure your inventories are up to scratch. Problem 1: The landlord used an old inventory that didn’t...
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Rental demand could outstrip supply in 2012

Landlords might be interested to hear that one industry expert thinks rental demand could outstrip supply in 2012.
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The LHA and how to make it work for you - free download

We have recently been able to get a  FREE excerpt from John Pauls ebook “LHA and How to Make it Work for You”, it’s full of tips and tricks that you can use to improve your cashflow, and your understanding of LHA. Would like to know more about investing using an LHA Strategy, but dont know where to start? Do you already use this strategy to invest, but your LHA Tenants are costing you  time, energy and MONEY? It doesn’t have to be that way – in fact, getting LHA Tenancies right can be hugely profitable and hassle free! "LHA is an opportunity to increase cash-flow and produce rental yields that we haven’t seen for years, all you have to do is to learn how to work the system, and use it in your investment strategy". –  John Paul Download the free excerpt here to learn more about LHA Investing. If...
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Expert states prospects are good for landlords

Nigel Terrington, Paragon Group chief executive, has stated the prospects for landlords "are strong" and saying confidence for these professionals is on the up.
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