A new study claims UK Landlords should seek debt advice in order to avoid evictions. The report by the Financial Inclusion Centre, commissioned by the Hyde Group, found that UK landlords could save more than £50 Million in debt-related eviction costs through early intervention. Researchers found that, on average, landlords made a net return of […]
Read More1st January 2012 will see further changes to Local Housing Allowance (LHA) under the Government’s welfare reform. The age limit for shared accommodation room rate is set to rise from 25 to 35 This means that anyone under 35 and living by themselves or renting a room will be restricted to the shared room accommodation […]
Read MoreIt 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 MoreLots 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 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 […]
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. 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 A lot has been reported on increasing interest rates this week resulting in further anxiety and sleepless nights for landlords and property investors. In such a fragile economy, any rise on the base rate at this time would result in a significant deterrent of investment in the buy-to-let sector […]
Read MoreAs mentioned in the last update, Kensington are now back in the Buy-to-Let market, having re-entered the residential market last month. At the moment, their product range is limited but their 2-year Fixed is at 5.69% with the usual 125% rental calculation. However, they don’t credit score any applications, they will allow income verification by Qualified […]
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