{"id":255,"date":"2010-09-02T08:33:03","date_gmt":"2010-09-02T08:33:03","guid":{"rendered":"http:\/\/blog.legal4landlords.com\/?p=255"},"modified":"2010-09-02T08:33:03","modified_gmt":"2010-09-02T08:33:03","slug":"landlords-misgivings-on-latest-industry-research","status":"publish","type":"post","link":"https:\/\/dev.withcreative.co.uk\/lforl\/landlords-misgivings-on-latest-industry-research\/","title":{"rendered":"Landlords Misgivings on Industry Research"},"content":{"rendered":"

By:
\nMadalena Penny<\/p>\n

\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e<\/p>\n

As all data presented recently points to a strong demand for private rented properties, on the surface it may appear landlords are faring better than most in these unstable economic times.<\/p>\n

However, digging a little deeper, there are some serious and significant flaws that landlords are facing, which could cause major issues, especially next year.\u00a0 While the up to date research in the sector clearly shows that rents are increasing for the landlord, statistics published by the NLA (National Landlords Association), indicates that nearly half of possessions<\/a> by landlords are a direct result of the tenant\u2019s failure to pay the rent.<\/a><\/p>\n

It can take anywhere from 3 \u2013 5 months for an eviction process and for a landlord to finally gain possession, which can cause extensive problems on BTL payments.\u00a0 Compounded with the trouble of lengthy eviction procedures, landlords also face legal costs, loss of rent and repair and maintenance to damage.\u00a0 For landlords with small portfolios, this could mean all the difference, resulting in BTL repossessions.\u00a0 As an industry leader, Legal 4 Landlords<\/a> have addressed these issues, resulting in a 96% success rate with just a notice 8 administered.<\/p>\n

Sample research captured by Legal 4 Landlords in-house data, shows that it\u2019s not just LHA tenants who dominate the eviction rankings, but possessions are now closing pace on white and blue collar workers, implying that private and public sector workers are feeling the pinch amid government cuts as they struggle to meet their rental commitments on properties.<\/p>\n

The recent 13% increase in buy-to-let mortgages shows clearly as to where housing trends are leading.\u00a0 The concern, however in next years LHA cuts and the government\u2019s impending switch to measure inflation through the consumer price index (CPI) from the current Retail Price Index (RPI) is a worrying issue for landlords.<\/p>\n","protected":false},"excerpt":{"rendered":"

By: Madalena Penny \u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e As all data presented recently points to a strong demand for private rented properties, on the surface it may appear landlords are faring better than most in these unstable economic times. However, digging a little deeper, there are some serious and significant flaws that landlords are facing, which could cause major […]<\/p>\n","protected":false},"author":2,"featured_media":11204,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[50],"yoast_head":"\nLandlords Misgivings on Industry Research - Legal For Landlords<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.withcreative.co.uk\/lforl\/landlords-misgivings-on-latest-industry-research\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Landlords Misgivings on Industry Research - Legal For Landlords\" \/>\n<meta property=\"og:description\" content=\"By: Madalena Penny \u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e\u203e As all data presented recently points to a strong demand for private rented properties, on the surface it may appear landlords are faring better than most in these unstable economic times. 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