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Property Investment Truths

Property Investment Truths

Report Reveals Property Investment Truths

You may already know that sometimes life can get tough.

You can get in a real pickle with finances and barely have a penny to your name in order to get by.

Even professional property investors know this because when some of them started their property journey they were in £30,000 (GBP) credit card debt. – Rob Moore – Progressive Property

You see, Rob had hardly had any money and the credit card debt was compounding

So what did Rob do?

He thought about giving up, thinking that he can’t invest in property. (Expensive word that).

Rob knows many successful property investors are still in the making and if you’ve had any challenges along the way, then you can relate to what Rob is saying so stay with it, or don’t and just humour him.

Within 3 months of meeting his business partner Mark Homer, Rob bought 20 properties within the first year, and Rob was out of debt.

All from just one joint venture partnership.

Rob doesn’t think of himself as anything special, and he was certainly no property expert at the time, as Mark had most of the knowledge back then

Anyone who doesn’t know Rob & Mark might say that their success was all because of the boom years.

Actually Rob & Mark bought their first 20 properties pre crash and they are their worst 20, and not because they didn’t buy well. The crash that hurt so many people was the biggest guardian angel they could have hoped for.

But they were prepared already.

So what can you do?

You may be smart and decisive, but you may have challenges which are temporarily holding you and your property investment career back.

Download Your FREE copy of The 2013 State Of The Property Market Address PDF

Rob knows that investors need to get educated before we get out there to network and meet people. That’s why he is giving away controversial insider secrets to property investors who want to have the edge.

Download Your FREE copy of The 2013 State Of The Property Market Address PDF

If you have knowledge and you come across a great property deal, and the figures stack, you will be able to get the money – from other people!

You will always get challenges. You won’t get rich quick by investing in property – it is not a sit-on-a-Beach-drinking-Pina-Colada-in-Marbella-and-come-back-a-millionaire instant results.

I know you know this too.

You see, it’s survival of the fittest right now, and for those without the stomach for it, it’s hard.

So the best thing for property investors to do is get educated, and getting inside information on the real state of the property market could give you the edge.

Download Your FREE copy of The 2013 State Of The Property Market Address PDF

Successful professional property investors have knowledge and courage, they make decisions and take action, the money that the helpless masses are losing is up for grabs, and there’s more of it than ever.

You just need to know where to look!

 

2013 State Of The Property Market Address

2013 State Of The Property Market Address

Download Your FREE copy of The 2013 State Of The Property Market Address PDF

Landlords Must Address Landmark Legal Ruling

Landlords Must Address Landmark Legal Ruling

A UK court case has delivered a landmark ruling that will affect every landlord in the country.
Now any legal notice served on a tenant must have the landlord’s own address on it and not a care of address being that of the agent.

The case of Beitov Properties v Elliston Bentley Martin [2012] UKUT 133 (LC) ruled that a landlord seeking to recover a service charge from a tenant had not complied with the statutory requirements of section 47 of the Landlord and Tenant Act 1987 because the landlord used an indirect address ‘care of’ its managing agents in its demand notice.

The landlord was deemed not to have served a valid demand by using a care of address and the court ruled that the statutory requirements of section 47 of the Landlord and Tenant Act 1987 had been breached so therefore nothing was due from the tenant.

It is common practice for a landlord seeking payment for sums due from a tenant – whether rent, service charge or insurance – to delegate the collection task to managing agents and for the managing agent to be named as the correspondent and recipient of the sum due in payment notices.

The landmark legal case will serve as an important reminder to UK landlords and property managing agents to get ALL the technical details right.

Section 47 of the Landlord & Tenant Act 1987 requires a landlord to give his or her name and address in any written demand to his residential tenants, wether they are comfortable with disclosing it or not.

The Act applies to all UK landlords and their appointed agents.

An individual landlord managing their own properties has to provide their legal residential address, and a company has to provide the address of its legally registered office. Using the letting agent’s or managing agent’s address does not suffice, as it is not the landlord’s legal address.

The implications of the Beitov decision may be more far-reaching than is first apparent. For example, it may not be possible simply to re-serve the demand with a correct address, as the demand could be out of time: service charge demands must be made within 18 months of the liability being incurred.

And of course, many landlords do not like to disclose their addresses to their tenants.

Finally, if a tenant has already paid as a result of a demand that proves defective, they may be able to claw back payments on the basis that they were forced to pay under an invalid demand.

Sim Sekhon, spokesman for Legal 4 Landlords, said: “Property managing agents and landlords need to sit up and take notice of this landmark legal case or face the consequences. If the landlord’s demand notices to tenants are found to be technically defective, they can face consequences paying out up to six years worth of payments if demand notices are not fully compliant with the Landlord & Tenant Act in terms of correct address details.

Landlords are urged to obtain professional advice if they are unsure of any situation regarding the law and Legal 4 Landlords will be happy to help.

Contact Legal 4 Landlords Now : 0844 567 4003

There Will Never Be A Better Time To Invest In Property

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