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Property of the week, Three bedroom flat in West Hampstead, London, NW6

West Hampstead is a favourite for young couples and professionals starting out in London. It's well connected by trains, tubes and buses and handy for lovely Hampstead proper and the heath but without the price tag. It's close too to Swiss Cottage and St John's Wood. This flat in West Hampstead is a beautiful 3 bedroom place with 2 bathrooms that would suit professional sharers or maybe a new... Read more

Posted by Dan @ Upad on November 25th, 2011 in Property of the Week, Property Rental

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Government plans housing boost with billions of private money

Under plans currently being considered by the government, social housing could be a big winner, attracting billions of pounds worth of private investment in an effort to stave off a double-dip recession. As the Eurozone crisis continues, unemployment increases and the UK's economic growth forecasts are revised downward, concerns that the British economy needs a boost are rife. That's why the... Read more

Posted by Dan @ Upad on November 18th, 2011 in Property Market, Upad

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Property of the Week: 2 bedroom apartment, Gunwharf Quay, Portsmouth, Hampshire, PO1

If you want a taste of the high life, how does the prospect of living up in the air on the 25th floor grab you? People with vertigo need not apply for this fabulous Upad in Portsmouth with floor to ceiling windows that look over the historic harbour. You can glimpse HMS Victory and all the other sights. You can probably even see France on a good day. Probably. This really is an ace place to... Read more

Posted by Dan @ Upad on November 16th, 2011 in Property of the Week, Property Rental

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At last good news, property repossessions remain low

The level of property repossession in Britain has held steady in the third quarter of 2011. 9200 properties were repossessed, compared to 9100 in Q2, according to the Council of Mortgage Lenders (CML). In total, over the course of 2011, 27500 properties have been repossessed and that's down on 2010. The CML predicts there will be fewer repossession in 2011 than last year. Considering the... Read more

Posted by Dan @ Upad on November 11th, 2011 in Buy-to-let, Mortgages, Rent Arrears

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Tenant rewards scheme slashes rent arrears

A housing association has hailed the success of a scheme that rewards tenants for keeping their rent up to date. The scheme, introduced 18 months ago by Orbit Heart of England housing association has seen rent arrears fall by half a million pounds. At a time where landlords reporting that rental arrears are rocketing, to see an organisation buck that trend is impressive. Orbit Heart of... Read more

Posted by Dan @ Upad on November 11th, 2011 in Rent Arrears, Social Housing, Tenant Rights

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Property of the week: Two bedroom flat in Shoreditch, London, N1

The London district of Shoreditch is fast becoming one of the trendiest parts of the capital being particularly popular with people working in the city and also young professionals working in the burgeoning creative industries. This canalside property, complete with balconies, and two bedrooms and two bathrooms is just the sort of place the trendy set will love. The landlord has added some... Read more

Posted by Dan @ Upad on November 11th, 2011 in Property of the Week, Property Rental

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Portsmouth landlord fined £12,000 for sub-standard housing

A Portsmouth landlord has been ordered to pay £12,000, for letting an unsafe house. The student accommodation in St James’s Street, Portsea had sleeping accommodation that was too small and cooking facilities that were sub-standard. Fareham magistrates’ court found the company guilty of failing to comply with two housing prohibition orders, and failing to provide Portsmouth City Council... Read more

Posted by Simon @ Upad on November 7th, 2011 in Legal, Tenant Rights

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Millions may never be able to own their own home

The increasingly depressing state of the housing market has been brought to the fore, with the news that millions may never be able to own their own home. The Council of Mortgage Lenders Director General Paul Smee said, that many will rent for longer than they first envisaged. Deputy Governor of the Bank of England Charlie Bean explains that as mortgage deals require higher deposits, they... Read more

Posted by Simon @ Upad on November 4th, 2011 in Buy-to-let, Property Market, Property Rental

Crystal Bubble

Are rents too high?

There is plenty of good news in the rental sector right now. Tenant demand is strong and shows little sign of waning. With demand strong and supply less fluid, rents have continued to increase in most of Britain. In London the average monthly rent is £1000, elsewhere it weighs in at £700. Good news you might think. But there is a downside. Pundits are reporting that rising rents are at risk... Read more

Posted by Dan @ Upad on November 4th, 2011 in Housing Benefit, Property Market

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Property of the week: 6 bedroom house, Ipplepen, Devon, TQ12

This attractive bedroom house in Ipplepen, Devon has bags of charm and is an ideal family let. But what we particularly like is the time and effort that this landlord has put into showing the property off to potential tenants. 22 images (22, count 'em) display the house in all its glory and the written description is not short on detail. In short, this listing gives us everything we need to... Read more

Posted by Dan @ Upad on November 4th, 2011 in Property of the Week, Property Rental

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Housing associations step in as UK is confronted with ‘growing housing crisis’

According to a study conducted by the Institute for Public Policy Research (IPPR), England is confronted with a ‘growing housing crisis’, as a shortfall of 750,000 homes is predicted by 2025. The research revealed the biggest shortfall of housing would be in London, the South East of England, the East, and Yorkshire and Humberside. However, while the pressing need for us to build more... Read more

Posted by Simon @ Upad on November 4th, 2011 in Housing Benefit, Property Market, Property Rental, Social Housing

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A slump in student numbers is bad news for landlords

A decrease in student numbers could be bad news for landlords who have been relying on the student market. With fees of £9000 a year on the cards for undergraduates starting their studies in autumn 2012, it seems that there could be a significant drop in the number of young people choosing to go to university. Figures released by UCAS, the organisation that administers university admissions,... Read more

Posted by Dan @ Upad on October 28th, 2011 in Ask Upad, Tips for New Landlords

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Property viewings: nobody does it better than landlords

Showing prospective tenants around your rental property, really couldn't be easier. So, why do so many landlords leave this vital task to other people? Lettings agents and others very often don't make a very good job of viewings. Here are three good reasons from Upad on why landlords should bite the bullet and do their own property viewings: Landlords know best. You really do know your... Read more

Posted by Dan @ Upad on October 28th, 2011 in Ask Upad, Finding Tenants, Tips for New Landlords

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Property of the week: 1 bedroom thatched cottage in Wimbourne, Dorset, BH21

This is a line you seldom read in the particulars of a rental property: "The owners ponies are in the field next to the cottage during the summer." You'll be far from the madding crowd in this charming 1 bedroom cottage in the heart of the Dorset countryside is ideal for short lets bang in the middle of Thomas Hardy country. It's also available for holiday lets, don't forget that Upad offers a... Read more

Posted by Dan @ Upad on October 27th, 2011 in Property of the Week, Property Rental

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Upad on the Road: Sheffield, Huddersfield, Plymouth, Weston Super Mare, Cardiff

Next week, Upad CEO James Davis will attending and speaking at several meetings of the Guild of Residential Landlords. If you're close to Plymouth, Cardiff or Weston Super Mare, do come along and say hello. You can find out all about these meetings on the Guild website. Upad will also be at two other events organised by the National Landlords Association. The first on Monday in Sheffield will... Read more

Posted by Dan @ Upad on October 20th, 2011 in Ask Upad, Should I use Upad?, Tips for New Landlords

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