Lots of people are choosing to rent out their homes, rather than sell them and with rental costs on the up, it’s easy to see why. However, if you plan to do this you must get the right Mortgages and Finance in place. Some mortgage lenders may simply grant you consent to let and you’ll […]
Read MoreIt’s been reported that the cost of renting has risen for the sixth month in a row. We’re finding more and more first time landlords coming to us for advice and Landlord services. In July, the average rent paid in England and Wales rose by 0.6 per cent to a record £705 per month. On […]
Read MoreThe shortage of rental stocks means more and more tenants are being gazumped when they try to secure a property. This trend helped push the average rent in England and Wales to £696 in May. It’s clear that tenants are now willing to offer above the asking price to get a home they’re happy with. […]
Read MoreIt’s recently been in the press that too many buy-to-let landlords are failing to claim back all the costs associated with renting out a property when they submit their tax returns. New research by Paragon shows that a failure to become fully tax-efficient is having a huge impact on landlords’ property investments as they are […]
Read MoreLatest Landlord News by: Madalena Penny The first quarter this year has been a strong indicator as to the national residential rental trends being established across England and Wales. As you would expect residential rents have risen in much of the UK’s rental hotspots and tenant arrears have fallen as first-time buyers flooding the rental […]
Read MoreLatest Landlord News by: Madalena Penny Further evidence this month indicates that tenant-demand is picking up momentum for landlords and letting agents. Paragon’s data captured through their recent landlord survey reveals rental voids have fallen yet again. Making Q1 of 2011 the lowest point for empty properties in the private rented sector since the 1st […]
Read MoreLatest Landlord News by: Madalena Penny The Chancellor’s announcement last week reducing the amount of stamp duty levied on multiple buy to let properties has prompted some increase from lenders. Metro Bank will be following Santander and Yorkshire Building Society into the Buy-to-Let lending route with Skipton Building Society returning to the market after their […]
Read MoreLatest Landlord News by: Madalena Penny. Landlords are a resilient breed. Faced with CGT rises, housing benefit caps, interest rate rises and generally a higher cost of living, the great British landlord tackles adversity with quiet confidence and of course with a bit of help from ongoing demand for rental properties. LSL Property Services latest […]
Read MoreLatest Landlord News by: Madalena Penny. Research surrounding this year’s Buy-to-Let industry is painting a positive picture of late. With a further ten lenders entering the sector since the beginning of 2010, there seems to be a progressive movement indicative of the increase of the private rented sector in general. Results from research conducted by […]
Read MoreLatest landlord News by: Madalena Penny 2011 is yet to see the entire role, which will be placed on the private rented sector. A report by the National Housing Federation, who represents national Housing Associations, shows a bleak picture of social housing and affordable home-ownership. The ‘Home Truths 2010’ report has revealed that house-building levels […]
Read MoreLatest Landlord News…. With the expansion of the private rental sector gathering pace by the day, landlords and property investors are demanding more variety in the mortgage products offered by the banks. It seems that 2011 may be the year that those demands are met and we see a buy-to-let revival. Before the recent recession, […]
Read MoreConflicting Reports Cloud the Future of Homeownership Latest Landlord News by: Madalena Penny Half way through the first month of the year and the nations’ obsession with property is still dominating the news. Conflicting data and statistics still continues to flood the press reporting negative and positive threads surrounding the home-ownership issue, property prices and […]
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Interest Rate Fears Trigger Anxiety Among Landlords Latest Landlord News by: Madalena Penny A lot has been reported on increasing interest rates this week resulting in further anxiety and sleepless nights for landlords and property investors. Fragile Economy Heightens Sensitivity to Rate Changes In such a fragile economy, any rise on the base rate at […]
Read MoreLatest Landlord News by: Madalena Penny As landlords and letting agents draw a close to this year, 2010 has seen some vast changes within and around the private rented sector. At the beginning of the year 3.1 million households were supported by private residential landlords, the figure is now estimated to be about 3.6 million. […]
Read MoreBy: Madalena Penny With eight consecutive months of rent rises, LSL Property Services has revealed that 71% of landlords surveyed are finding it increasingly difficult to secure lending to increase their portfolios despite the wave of tenant demand and regardless of the rise in rents the sector is presently experiencing. Legal 4 Landlords financial director […]
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