Not all landlords feel the need to use a letting agent, preferring to handle all aspects of the letting and management of their rental property and tenancy themselves. Landlords and tenants are recommended to use the services of a reputable letting agent, to save time, reduce stress, ensure legal compliance and provide them with professional […]
Read MoreInvesting in a specialist landlord insurance policy is something all buy-to-let property owners should do, but it is the one vital area where people mistakenly try to curb their financial expenditure, it has been claimed. The statement comes at a time when a recent Paragon Mortgages report revealed that during the last 3 months, UK […]
Read MoreNegative equity is not a situation that many professional landlords with Rent Guarantee insurance and good rental yields has to worry about, but for many new or “reluctant” landlords forced to rent out their former homes in order to keep the mortgage paid, it can be a real problem. UK Buy To Let landlords and […]
Read MoreFindings published online this week, reveal that UK landlords have an underwhelming lack of faith or trust in any of the Government backed tenancy deposit schemes. The results of the survey of 100 UK PRS landlords, 50 lettings and property management agents and 1000 tenants by digital inventory provider Imfuna, conducted during February this year, […]
Read MoreThe UK may need an extra 1.1 Million private sector rental properties within the next 4 Years as 1 in 5 Households could be in PRS properties. The number of people renting homes in the UK Private Rented Sector (PRS) has almost doubled over the last ten years, increasing from 2.5 Million tenants in PRS […]
Read MoreNew data released by Nationwide and Hometrack show that overall UK residential property values have fallen when compared to this time last year and the fall has been attributed to the changes in stamp duty. The average residential property value in March 2012 was £163,327. That is 0.9% lower than property prices were in March […]
Read MoreIndividuals looking to rent property in the UK PRS (private rented sector) need to keep the selection process focussed and relatively simple when looking to rent property. First time tenants looking for property to rent in the UK are being advised to carry out plenty of research before accepting a tenancy. The Association of Residential […]
Read MoreThe 2012 Budget may have affected a small number of millionaires using offshore companies to avoid Stamp Duty, but, accountants say thousands of buy-to-let landlords could be sitting on a “tax timebomb”. Many UK landlords now face paying two years tax liabilities during the next six months, creating a cashflow crisis after years of lightly-taxed […]
Read MoreMore home owners are becoming live-in landlords by putting their spare rooms to use and bringing in additional rental income. The number of UK home-owners that are choosing to rent out a spare room in their own homes has increased by 19% during the last six months according to 2 of the UK’s leading house […]
Read MoreThe Association of Residential Letting Agents, (ARLA), have urged the Chancellor of the Exchequer, George Osborne, to use the forthcoming Budget to encourage more investment into the UK’s Private Rented Sector, (PRS). ARLA have called on the UK coalition Government to support the observed growth in the UK Buy-To-Let sector and remove many of the […]
Read MoreThe Electrical Safety Council (ESC) have highlighted some confusion over electrical safety between PRS Landlords and tenants in private rented sector properties. 30% of landlords did not realise that they were responsible for the electrical safety within their Buy-To-Let properties, according to the ESC’s survey. This potentially could lead to very dangerous consequences for both […]
Read MoreThe Council of Mortgage Lenders, (CML), think the coalition Government’s Chancellor of the Exchequer, George Osborne should be doing more to encourage institutional investors to take a stake in Buy To Let property in the upcoming Budget. The Council of Mortgage Lenders are the trade body for all the UK’s major bank and building society […]
Read MoreNew home builders and property development contractors may be encouraged to build new exclusive rental only housing estates where none of the properties will be for sale. The UK Government are exploring the idea and it could mean the introduction of a separate planning class for new-build residential property that will be rented out, and […]
Read MoreThe decision in Suurpere-v-Nice (2011) confirms that the prescribed information must be complied with and if this is not done landlords could be subject to sanction when before the Courts
Read MoreThe UK homeless charity Shelter and the Residential Landlords Association (RLA) have clashed over the issue of bad landlords. Both organisations have been using very strong words over the last few days, whilst calling for more action by the UK government to stamp out bad landlords. Shelter is calling on the UK coalition Government to hold […]
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