It seems that with the ongoing economic turmoil gripping the majority of the western world, everyone is still tightening their belts in order to save precious pennies, including UK landlords. Landlords feeling the financial pinch have tried to cut as many of their costs and overheads as they can, in order to remain in profit […]
Read MoreUK landlords could soon be forced out of the Local Housing Allowance (LHA) market by the Government cap on housing benefit payments. 77% of UK landlords who currently accept tenants claiming benefits are already planning to, or are actively taking steps to reduce their involvement with DSS/LHA tenancies because they are physically unable to afford […]
Read MoreWith sales of UK residential property stuttering again, the UK Buy To Let market is the strongest it has ever been! A recent report highlighted that the Private Rented Sector (PRS) has risen by 1.4 Million additional rental properties since 2001. The PRS properties currently accounts for about 3.4 Million rental properties in the UK […]
Read MoreThe UK weather is set to turn and a cold harsh winter could be on the cards with weather forecasters predicting falling temperatures and heavy snowfalls likely for late November and December. It is vital for landlords and homeowners to ensure their rental properties and homes are properly weatherproofed and ready to take on the […]
Read MoreThere are moves to make councils release details of all vacant properties and experts say this could lead to a rise in the number of squatters in the UK. In a recent case, Camden Council was forced to disclose a list of 530 empty council managed and private homes under the Freedom of Information Act. […]
Read MoreMOVES to pay rent to social housing tenants rather than directly to their landlords could result in many landlords withdrawing from the social housing sector. Under the new Universal Credit system set to be introduced in 2013, tenants will be paid rent, for them to pass on to their landlord. The move is intended to […]
Read MoreWe’ve been reading in the press that access to mortgage finance is getting better for landlords with every passing week. This is according to Property & Finance Solutions (PFS) who say the availability of higher loan-to-value buy-to-let mortgages is improving. Darren Owen, director of PFS, said “The criteria changes all the time. The lenders are […]
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