The FSA has today launched a discussion paper on consumer responsibility and said that it wants to explore what steps it or others could take to help consumers understand and protect their own best interests more effectively. The protection of consumers is one of the FSA’s four statutory objectives and the discussion paper aims to …
There are increasing signs of improvement in the property market, but does this mean that property developers will be able to get 100% funding again any time soon? Well, think back a few years and you will recall that relatively inexperienced developers were able to make good money just by purchasing a property and hanging …
Anyone who has a Commercial Mortgage will (or should) be familiar with LIBOR. So they should also be quite pleased that LIBOR has reached a record low. LIBOR is the rate which determines the cost of most commercial mortgages and many other forms of borrowing. The rate coming down may bring good news in that …
In their response to the Rugg Review of the Private Rented Sector the CLG clearly believe that landlordism is word that anyone involved in private lettings should be aware of! Aside from made up words (?) there is quite a lot of good stuff in the response and I will try to summarise the main …
Housing Benefit has often been criticised as an overly complex benefit that does not promote self responsibility and can even act as a deterrent to working. So with a view to improving the current system the government is introducing some major changes. The Local Housing Allowance is a new way of working out how much …
A letting salesperson is more than just a “sales person.” A good lettings agent will act on your behalf and offer suggestions and guidance making sure that you get the best rent for your property. From the point of view of the prospective tenant the lettings agent will help fine tune the search process and …