News from the Residential Property Investor, the bi-monthly magazine for RLA members other artilces from the July / August 2005 issue RPI news archive

Finding markets within markets - July / August 2005

Welcome to this issue of your magazine. I am very aware that its content needs to be relevant to the membership of the Residential Landlords Association and equally aware that, with the recent sharp growth in membership, we have readers at different levels of activity and experience.

For this reason, I have included a readership survey in this issue and I would be grateful if you could spare a few minutes of your time to fill it in (the survey is also online, if you prefer to do it electronically). The survey is purely to help me understand more about our readers, the properties you manage, and what you would like to read in the magazine. The results are confidential and will not be passed on. By way of a little encouragement, we are offering a case of fine wine to the ‘first name out of the hat’.

Elsewhere, we report on the latest in the Housing Act, as the mandatory licensing of certain HMOs creeps inexorably nearer. In the next issue of the magazine, we hope to be able to give final details of the secondary legislation and definitive advice.

Talking of advice, we launch in this issue a regular ‘clinic’. If you have queries or issues to raise, let me know what they are, and I will pass them on to a relevant expert at the RLA for answer. My contact details are below.

I do hope that if you are reading this you have not been ‘stung’ by one of the get-rich-quick property companies closed down by the High Court. In today’s market, there is no such thing as a quick buck to be made from property, let alone £1 million in a year, as was promised. The sales market is undoubtedly tough, as we report, as ordinary buyers sit on their hands. But there are always markets within markets, so take heed from seasoned investors, who only ever buy when the market is down – and when commission-starved estate agents greet them with a cheery hello as they walk through the door.

Rosalind Renshaw, Editor
rosalind.renshaw@talbothays.co.uk
Telephone 01252 843566
 

other artilces from the May / June 2005 issue

• Finding markets within markets
• Property creates UK Asian millionaires
• Tricks and mortar companies ‘tip of iceberg’
• Town is new chairman of RLA
• HMO licensing still on track for October
• Labour 'Hasn't Kept Word'
• Checks did not spot fake identity
• Knight Frank extends funds range
• Shelling Out?