Climbing the London rental ladder costs tenants 42% for each additional room

As the cost of homeownership spirals away from the majority of tenants in the capital, many are left with two choices, staying put or upsizing. However, even this provides its own financial hurdle and one that is becoming harder to overcome. New research by online lettings platform, Urban.co.uk, looks at the cost of climbing the London rental ladder from a studio flat to a four-bed property. London as a Whole On average across London, the jump to increase your rental potential…

New data reveals that families are the ideal tenants

According to new research by the National Landlords Association, homes rented to families take up the least amount of property management time when compared to other types of tenants. The findings come from more than 1,000 responses to the latest quarterly landlord research panel from the National Landlords Association (NLA), which asked them to estimate how much time they spent on property management, including things like dealing with tenant queries and property maintenance requests, and general business administration. The NLA’s quarterly landlord research…

Bailey and Knight on Writing Histories of Law and Emotion @drkjknight

ICYMI: Merridee L. Bailey and Kimberley-Joy Knight, Writing Histories of Law and Emotion, 38 Journal of Legal History 117 (2017). Here is the abstract. In recent years the study of emotions in the past has received considerable attention. At the same time, many historians of law have shown reluctance to acknowledge and systematically explore emotions in legal sources and legal contexts. This issue of the Journal of Legal History addresses this imbalance and demonstrates how emotions have played important roles in legal reasoning, legal doctrine, the behaviour of legal actors,…

Brooks and Sankey on the Legal Importance of Emotions @thom_brooks @LJMU

Thom Brooks, Durham University, and Diana Sankey, Liverpool John Moores University, have published Beyond Reason: The Legal Importance of Emotions in Ethical Rationalism and the Law 131-148 (Patrick Capps and Shaun D. Pattison eds., Oxford/Hart, 2018). Here is the abstract. Deryck Beyleveld has forged a theory of ethical rationalism that has made an important impact on legal and moral philosophy—that this collection of essays makes clear. He has not only refined and improved the original account developed by Alan Gewirth, but provides us with ethical rationalism’s most prolific defender today.…

Nearly 4m to use property to fund retirement

“It’s clear from the research that homeowners are seeing their property as a cash cow to fund their retirement” The latest research from OneFamily has has shown that around a fifth of over 50s are planning to draw income from their property to help fund retirement. According to the report, house prices have risen by over 300% in the last 25 years and the average homeowner over 50 now owns a home worth over £225,000. The UK’s over 50s now own an estimated…

Klein and Matson on Mere-Liberty in David Hume @MasonEconomics

Daniel B. Klein and Erik Matson, both of George Mason University, Department of Economics, are publishing Mere-Liberty in David Hume in A Companion to David Hume (Universidad Francisco Marroquin). Here is the abstract. What does Hume mean by liberty? Though clearly important to him, Hume never clarifies the matter explicitly. In his texts, liberty often seems to be a matter of government rules being certain, general, regular, etc., and often a matter of political form or constitution—the place of parliament or republicanism, checks to power, and so on. Many scholars…

Loughborough BS expands deposit guarantee mortgage schemes

“We’ve found that family members are keen to help one another but sometimes they just don’t know how they can” After the launching “Family Assist Buy for Uni “and the “First Time Buyer – Family Deposit Guarantee scheme mortgages”, Loughborough Building Society have now added ”Fresh Start” to their range. According to the lender, first-time-buyers are generally seen as the main category of those struggling to save a sufficient deposit, however, The Loughborough also recognises that quite often others are often faced…

Two years on since the EU referendum, how has the property market fared?

“Despite uncertainty surrounding Brexit, the UK property market remains increasingly competitive, thereby increasing the chances of people experiencing a broken property chain or being gazumped during the final stages of completion” 23 June 2018 marks two years since the UK made the historic decision to leave the European Union (EU). The implications of the vote were almost immediate; on the morning of the result being announced, David Cameron announced his resignation as Prime Minister, which was followed soon after with the appointment of…

Mansfield BS announce launch of ExPat BTL product

“We have been able to leverage our existing underwriting expertise and expand our already extensive proposition seamlessly” Mansfield Building Society has announced that it has launched an ExPat Buy to Let mortgage initially available through selected brokers, including deVere Mortgages, John Charcol, Coreco, Large Mortgage Loans and Alexander Hall. The ExPat Buy to Let mortgage is the latest addition to The Mansfield’s buy to let range that already includes FCA Regulated ‘Family’ Buy to Let, Consumer Buy to Let, and the ability for…

Plans to cap deposits at three weeks’ under Labour

“Parliamentary arithmetic suggests Labour’s efforts are unlikely to succeed, but that doesn’t mean that a three-week deposit cap couldn’t happen, and happen soon” The maximum amount landlords are allowed to take in tenancy deposits could be capped at just three weeks’ rent under new plans announced by the Labour Party. As the Tenant Fees Bill – which caps deposits at the equivalent of six weeks rent alongside banning letting agent fees – passes through Parliament, Labour has been attempting to amend the legislation…