Many landlords are concerned about the risk of identity fraud. New studies into the subject have revealed the highest risk areas for landlords.
London’s East Ham area sees the most instances of ID fraud, according to new data gathered by Experian. Fraud attempts happen around seven times more often than the national average here. Some other London areas were also identified as high-risk spots, including Woolwich, Walthamstow, Bexleyheath, Stratford, Lewisham and Enfield, to name just a few.
A new shared equity scheme has been brought in by Newham council. This scheme, called Newshare, will initially provide 1,220 affordable homes for families who are unable to afford a property purchase on their own, with the potential to expand even further in the future.
In response to a growing housing crisis in Newham, the local council is currently paying for around forty families to live at a hotel in Birmingham.
A new deal has been signed by council leaders in Southampton and Portsmouth, in collaboration with the government. This deal will give the local councils access to funding which will be spent on developing much-needed new housing.
We’re currently looking for a variety of properties in the London and Essex areas. We are open to any type of investment, from studio apartments to large houses, as we are able to adjust our management services to suit any size of property.
When a property is left vacant, it could be at risk of being occupied by squatters. Unauthorised occupation is on the increase, and the longer the property is left empty, the greater the risk. There are various dangers associated with squatting, including fire hazards, expensive damage to the premises, and the risk that the squatters will refuse to leave when you need the property for authorised tenants, meaning you lose out on valuable income and become involved in a time-consuming struggle to get rid of them.
In 2014, why not make a new year’s resolution to invest your money into the property market? Property is always in demand, particularly in sought-after areas of London, so when you invest in a property you have the potential to make a great profit. Our expert understanding of the property market will help you to invest your money in the right properties, in the right locations, at the right time, giving you the best chance of success as an investor.
This last month, we have been accepted as an official provider for the London Borough of Croydon. If you own any properties in or around this London borough, get in touch with our team today and we can arrange a no-obligation rental valuation, free of charge.
Many local authorities in London are currently facing a challenging time. It seems as if the only option available might be to move tenants to different areas of the UK where housing is cheaper. Our role is to find new strategies which benefit tenants, landlords and housing authorities alike. This is why we are currently looking to obtain properties in the Midlands, where rents are far lower for the council than in the capital.
Our property procurement is definitely on the rise – we are currently procuring properties at a rate of 30 to 40 a month, which means that the rate has gone up and is now at the highest level we have seen.
