Court errors and bailiff shortages cost landlords almost £20,000 Pressure on our legal system is causing unacceptable delays when landlords seek resolution through the courts for tenancy issues. That’s according to property rental service provider LegalforLandlords, whose staff have collated a list of issues they believe show landlords are expected simply to ‘grin and bear […]
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Calculating Rental Yield for a Buy-to-Let Property – by Sim Sekhon. Rental yield is a valuable metric. It can help you determine whether a buy-to-let property is a good investment and can also be used to compare the returns of different properties. But how is it calculated, and what represents a ‘good’ yield? I’m often […]
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We know that the proportion of people who are renting their homes is on the rise. We also know that the population is ageing. Now figures are showing that there’s rapid growth in the numbers of those aged 55 and over who are renting. This age group now accounts for around 15% of the market, […]
Read MoreThe market is continuing to rumble and ripple with talk of the effects of the stamp duty surcharge that is coming into force on 1 April 2016. We recently reported on how landlords with a smaller portfolio are likely to be more hard done by as a result of the surcharge than those with larger […]
Read MoreFor some landlords, the idea of putting a tenant deposit into a protection scheme may seem unnecessary or even burdensome – why can’t you just return the deposit after the tenancy has ended if no damage has been caused to the property? In an ideal world that might be the case, but the purpose of […]
Read MoreChancellor George Osborne’s Autumn Statement and Spending Review may have thrown a large spanner in the works for people looking to invest in buy-to-let properties or second homes. He’s decided to wack a new 3% surcharge on stamp duty. His argument? It will be fairer for first-time buyers (as the surcharge won’t apply to them). […]
Read MoreLandlord Insurance protects rental property assets UK private rental sector (PRS) landlords need to protect their buy-to-let property investments and landlord insurance is just one aspect that can be well worth the initial financial outlay. Rental property is an important, income producing asset for PRS landlords, and some degree of financial protection is required to […]
Read MoreAccording to one of the UK’s leading mortgage lenders, residential property prices in the UK rose by more than economists had expected in January putting a halt to the annual decline. Nationwide say that residential property prices in the UK actually increased by 0.5% in January 2013, a further sign that the two years of […]
Read MoreLenders tell Buy-To-Let landlords they are not allowed to house tenants claiming benefits. UK private rental sector (PRS) landlords with buy-to-let mortgages are being prevented by their mortgage lenders from letting rental properties to tenants claiming benefits. BM Solutions, the buy-to-let brand of the Lloyds Banking Group, is one lender, and Accord, a Yorkshire Building […]
Read MoreThe UK buy-to-let mortgage market continues to show signs of making a good recovery as lenders reveal that over £4 Billion (GBP) worth of mortgages were taken by active property investors during the 3rd quarter of 2012. The UK’s Council of Mortgage Lenders (CML) stated that £4.2 Billion (GBP) worth of mortgages were taken […]
Read MoreLow Buy-To-Let mortgage rates and increased rental yields making UK Buy-To-Let an attractive prospect for property investors UK property investment is booming after financial experts dubbed the UK Buy-To-Let industry as a property investor’s dream following reports of double-figure rental yields being achieved by smart landlords in parts of the UK. Some areas of London […]
Read MoreUK Buy-To-Let Landlord confidence has been boosted by continued strong tenant demand and falling property prices, according to the latest landlord survey conducted by LSL Property Services. • 48% of UK BTL landlords believe that now is a good time to invest in property • Less than 1% think it is now a good time […]
Read MoreThe property price drop left many homeowners stuck in negative equity, unable to move in any direction on the housing ladder, but property investment in the UK will see a good return in the long term despite the current weak property market, according to a new forecast by services company PriceWaterhouseCoopers (PWC). The company have […]
Read MoreBut lending is still far from its peak, say mortgage experts. Buy-to-let mortgage lending has increased by 20% over the last year, signalling strong growth in the UK private rental sector (PRS). New figures from the Council of Mortgage Lenders (CML) reveal that more than 33,000 loans worth £3.9 Billion (GBP) were advanced in the […]
Read MoreAn alarming number of small scale landlords, owning just a single rental property, who are experiencing increased void periods and growing rent arrears has doubled since the first quarter of 2012, according to research carried out by leading market research company, Business Development Research Consultants (BDRC Continental). The results of the BDRC Continental survey show […]
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