This page contains a Flash digital edition of a book.
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PROPERTY NEWS
FOREIGN AFFAIR
If getting onto the
UK property ladder is
proving too diffi cult,
the latest edition
of Where to Buy
Property Abroad:
An Investor’s
Guide could
come in handy. As
well as touching
on established
markets such as
France and Spain,
the title devotes
many pages to
investigating emerging property markets in lesser-known
lands, from Mongolia to the Philippines. Comprising
33 country chapters, with subsections on price history,
detailed information of the buying process and risks and
opportunities to recognise, it’s a great investment if you
want a truly comprehensive international property guide.
Available now at £12.99.
On the same subject, somewhere to check out international
property online is the new website from Channel 4
series A Place in the Sun. Following the success of the TV
show, the brand has introduced aplaceinthesun.com,
supplying top independent advice and features to wannabe
CASE STUDY - FIRST BUY
international home-owners. Acknowledging that the hard
sell can put buyers off , the site has marked itself out from
the crowd by off ering a clean, simple template – free of
display advertising and pop-ups. Featuring thousands of
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properties in almost 80 countries, it’s well worth a click.
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6][S0cg aQVS[SVSVOaOQVWSdSRVWaU]OZ TOQb]`eVS\g]ceOZYW\� LANDLORDS BEWARE!
0cgW\U]\bVS]^S\[O`YSbe]cZRVOdSPSS\ 6SVOR^`SdW]caZgPSS\`S\bW\UOTZObW\6OQY\Sg Novice landlords are being warned of the possible pitfalls
W[^]aaWPZST]`BSc\aeWbVSdS\bVS[]abPOaWQ eWbVOT`WS\ReVWQVQ]ab�O[]\bVBSc\a of leasing out properties they’ve been unable to sell in the
^`]^S`bWSa]cb]TVWa`SOQV0cbOT`WS\RVOR \]eZWdSaeWbVVWa^O`b\S`O\RWa^OgW\UbVSaO[S current housing slump. Apparently landlord and tenant laws
P]cUVbO^`]^S`bgbV`]cUVaVO`SR]e\S`aVW^a] O[]c\bPcbbVWabW[SWb�aVWa]e\^ZOQS are more complex than most realise, and legal requirements
BSc\aRSQWRSRb]b`gO\RT]ZZ]ebVOb`]cbSb]] �ESP]bVe]`YQZ]aSb]bVS1Wbga]Wb�a`SOZZg need to be adhered to in order to avoid trouble. Restrictions
�7`SUWabS`SR]\bVS6]caW\U=^bW]\aeSPaWbSO\R Q]\dS\WS\b�VSaOga�7bcaSRb]bOYS[SO\V]c` and covenants can apply, for example, which make it illegal
_cWQYZgabO`bSR`SQSWdW\URSbOWZa]TTZOba�VSaOga b]USbb]e]`Y]\bVSPcaO\R\]e7eOZYbVS`SW\ to let certain properties. If given the go-ahead, landlords
�EVS\7eS\bb]Z]]YOb9SZROg6SWUVbaO\Se VOZTO\V]c`� risk fi nancial loss if they let through agents who aren’t
RSdSZ]^[S\bW\AVOReSZZSOab:]\R]\7eOa 6OdW\UO^ZOQS]TVWa]e\[SO\abVObBSc\a members of RICS (Royal Institution of Chartered Surveyors)
abc\\SRBVSdWSeaeS`S^VS\][S\OZOQ`]aabVS TW\OZZgTSSZaaSbbZSRW\bVSC9^cbbW\UO\S\Rb] or ARLA. Robert Jordan, chairman of Jordan’s and founder
eV]ZSQWbg7Q]cZRaSSbVS:]\R]\3gS;gVSO`b bVSb`O\aWS\b\Obc`S]T`S\bW\U of the Rent-2-Buy scheme that helps fi rst time buyers and
eOaaSb]\Wb� �7�dS]\ZgPSS\W\bVSTZObT]`O[]\bVPcb[g novice landlords, also warns that “New buy-to-let investors
`]]baO`SW\bVSU`]c\R\]e�VSaOga�7b�aa] should ensure that they have a proper lease drawn up
BVSOaYW\U^`WQST]`bVSTZObBSc\aeO\bSReOa [cQVPSbbS`bVO\`S\bW\UBVS`S�a\]]\SbSZZW\U before they rent out a property. Failure to comply with
� #Pcbc\RS`bVSaQVS[SVS]\ZgP]cUVb [SeVObb]R]�SdS`gbVW\U7R]\]eWaT]`[S the assured short hold tenancy legislation could result in
!#]TbVOba]VWa[]`bUOUSWa�%#6SbVS\ O\RT]`ca7QO\VO`RZgPSZWSdS7�dSU]b[g]e\ not being able to evict tenants who could gain security of
^Oga`S\b]\bVS`S[OW\W\UaVO`SO\RVOabVS ^ZOQS�7�[abWZZ^W\QVW\U[gaSZT� tenure.”
]^bW]\b]Pcg[]`S]TbVSTZObW\Tcbc`S If you’re thinking of renting out a property, do seek proper
BVSeV]ZS^`]QSaaeOadS`gab`OWUVbT]`eO`RVS One Housing Group – 0800 234 6242 - www.onehousinggroup. legal advice beforehand.
aOga�=\S6]caW\U5`]c^eS`STO\bOabWQT`][ co.uk
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