Hiring a Claims Management Company for Mis-Sold PPI Claims

Claims management companies everywhere know how lucrative mis sold ppi claims can be. As a result, these companies are doing their upmost to attract new customers. If you were mis-sold a PPI policy and you want to make a claim, it is important that you choose a reputable claims management company. Some companies may be advertising deals, which, at first glance look very appealing. For example, their promotional brochures may contains statements such as “no-win-no-fee” and “24/7 customer service”. However, when you read the small print of these seemingly very attractive deals, you will begin to see that they are not nearly as attractive as the first appeared. No-win-no-fee companies, for instance, will probably charge you extortionate services fees if you do win your case. There have been reports of some claims management companies charging their clients as much as fifty percent. Furthermore, ’24/7 customer service’ does not necessarily mean that you will be able to talk to trained legal professionals about your case at any time of the day. Most likely, it means you will be able to talk to untrained offshore call centre staff that will have no legal knowledge and will only be vaguely familiar with your case. Trained legal staff will probably only be available during business hours.

Have Landlords Cashed In on the Buy To Let Market?

Being a landlord can be a very profitable profession, especially if you have a number of properties in a good area. Landlords favour buying a number of properties that are easy to rent for as much money as possible. There are a number of aspects which effect the price of a property, the one and most talked about is location. Location has always been key when buying a property whether it is to rent or keep as your own. Increasingly landlords are looking to buy and rent properties that have good transport links to major cities.

There has been a surge in providing affordable housing for young professionals; this has caused a significant increase in property developments close to train stations. This is especially true in the South of England where property prices are high. Being a commutable distance from London has always made these areas desirable for first time buyers and landlords looking to buy properties and let them. Transport links are a key feature in the reflection of property prices, if properties are close to an international airport this can have a positive effect on the price and the desirability for landlords to buy them.

There has been an increase in buy to let schemes, this has been fuelled by the lack of opportunities for first time buyers who have been priced out of the property market. Banks have added to this, for the last few years they have been asking for deposits of 20% and above which has meant a slowdown in the property market. Now banks are lending again, aiming to kick start the economy and the need to such high deposits has been reduced the housing market has started to pick up. Landlords have cashed in knowing that young people especially are finding it hard to get on the property ladder, this has led to increased rents in desirable areas.

Whilst buy to let investments can provide good returns, there are some necessary costs involved which serve to protect you and your investment. One of the most important costs to consider once you have your mortgage set-up, is buy to let insurance, which will cover you against a wide range of possible costs which you may become liable for as a landlord.