   Latest News24.7 Property Letting shortlisted for private rented sector Award
24.7 Property Letting has been shortlisted as a finalist for 2011/12 in the best letting agent category of the prestigious Landlord & Letting Awards.
Oliver Romain, editor of Landlord & Buy-to-Let magazine and lead judge for the Awards, commented: “The Landlord & Letting Awards are the premier nationwide private rented sector awards in the UK, and it’s great to be able to recognise and reward the best in the industry. This year’s response was phenomenal, with over 1,000 entries received across the various categories, so 24.7 Property Letting has done brilliantly to be shortlisted.”
The winners for each category will be announced at a gala dinner - hosted by property investor and TV presenter Melissa Porter – being held at the Concourse Suite, Birmingham NEC, Wednesday 16th November, 2011.
Andy MacQueen, The Area Manager of 24.7 Property Letting said: “We are thrilled to reach this stage in the judging process: it really is testament to our hard work and commitment. We are now just keeping our fingers crossed that we are lucky enough to walk away with a winner’s trophy on the night.” Last year, 24-7 Property Letting has been voted the winner of the Best Letting Agent in Scotland
24/7 Nominated for the Landlord & Letting Awards Best Scottish Agent Again
Following on from two very successful years, the Landlord & Letting Awards are once again taking place to celebrate the achievements of private rented sector professionals. The ceremony for the 2011/12 Awards will be held in in the Concourse Suite at
New figures from the Council of Mortgage Lenders (CML) have prompted the National Landlords? Association (NLA) to express concerns over the imminent regulation of buy-to-let lending by the Financial Services Authority. Yesterday, the CML reported that new buy-to-let lending increased for the second consecutive quarter in the final three months of 2009. There were 25,800 new loans advanced, up from 23,700 in the previous quarter but down from 38,000 in the same period of 2008. David Brown, Commercial Director of LSL Property Services, comments on the CML Buy-to-let mortgage figures. He said: "It’s a great relief for investors that buy-to-let finance is starting to get to get easier to find. The numbers of loans advanced has climbed steadily for two consecutive quarters, and lenders are gradually loosening their purse-strings. The buy-to-let mortgage market is returning. But it will be a marathon, not a sprint – the number of new loans in 2009 is still only a quarter the levels we saw in 2007". New figures from the Council of Mortgage Lenders (CML) have prompted the National Landlords? Association (NLA) to express concerns over the imminent regulation of buy-to-let lending by the Financial Services Authority. Yesterday, the CML reported that new buy-to-let lending increased for the second consecutive quarter in the final three months of 2009. There were 25,800 new loans advanced, up from 23,700 in the previous quarter but down from 38,000 in the same period of 2008.
Budget 2010: Changes to Housing Benefit The changes, combined with other benefits cuts, will see the huge savings made by 2014/15, the Chancellor said in his Budget. Three times as many people are now claiming Disability Living Allowance as when it was introduced 18 years ago, Mr Osborne said. The cost of paying the allowance had quadrupled in real terms to more £11 billion, making it one of the largest items of government spending. A new medical test would apply to all new and existing claims from 2013, he said, and could result in a steep fall in the numbers of claimants. Mr Osborne said: “This will be a simpler process than the complex forms they have to fill out at present. “That way we can continue to afford paying this important benefit to those with the greatest needs, while significantly improving incentives to work for others.” Medical tests on new claimants of Incapacity Benefit, which is different to Disability Living Allowance, have already resulted in a big fall in the numbers of people trying to claim the benefit. A report from the Department for Work and Pensions last month suggested that nine out of 10 new applicants were either fit for work or could be moved towards rejoining the workforce. Mr Osborne also announced changes to housing benefit, which now costs £21billion a year, compared with £14billion 10 years ago. He said: “We now spend more on housing benefit than we do on the police and on universities combined.” Housing benefit was now “completely out of control” and in “dire need for reform”, he said, with some families receiving as much as £104,000 a year in housing benefit in some parts of London. He said: "The cost of that single award is equivalent to the total income tax and national insurance paid by 16 working people on median incomes." New limits for housing benefit - £280 a week for a one-bedroom home to £400 a week for a four-bedroom property – would be introduced, radically cutting the maximum that could be claimed. Current levels of support for mortgage interest payments would also be adjusted while council house tenants would only be entitled to “appropriately sized homes”. The potential pitfalls for landlords is any current claimant that is currently on Disability Living Allowance could have housing benefit suspended due to no longer being entitled to this benefit and the tenant then having to return to work. This will have an issue for landlords who have a large portfolio of properties where they have tenants in properties that could be affected by this. Obviously the changes that will be implemented will not take hold until 2013 although the final date hasn't yet been confirmed, the new government did fail to comment on the issue of paying rent directly to the landlords or the landlords agent. When we hear about consultations on this we'll certainly keep landlord's posted on the developments. http://www.residentiallandlord.co.uk/news2541.html
|
    |
          |
         |
| Copyright © 2011 24.7 Property Letting | Site by Lettingweb |