Rents have fallen for the first time in 10 months as landlords look to keep homes occupied over Christmas, but rents in some parts of the UK have bucked the downward month-on-month trend. The typical residential property rent in England and Wales dropped by 0.4% to £717 a month in November, the first month-on-month fall […]
Read MoreIf you are a seasoned landlord or are just starting out in buy-to-let, you need to understand the importance of carrying out background checks on potential tenants. Right now it’s a landlord’s market with more people choosing to rent so UK landlords can afford to be a little more choosy. The National Landlords Association (NLA) […]
Read MorePrivate Sector Rental prices and rental yields increased in the three months up to October 2011, according to new research from the Royal Institution of Chartered Surveyors (RICS). The survey found that the number of UK property agents who reported higher rents had risen by 19% in the 3 month period. 15% more also said […]
Read MoreIf you are a Landlord who lets a property in the UK, then you run the risk of rent default by your tenant. Even the best checks and references cannot predict a tenant falling on hard times and not being able to pay their rent. Could you as a landlord cover your expenditure if this […]
Read MoreA major new report out today is urgently calling on the Government to regulate residential Letting Agents to the same standards as Estate Agents and reckons that UK tenants are being ripped off by cowboy agents in the booming PRS rental market. The Resolution Foundation, an independent think tank which focuses on lower income groups, […]
Read MoreA seasonal reminder to landlords and letting agents that Bailiff Amnesty’s will begin around 12th December 2011 to the 9th January 2011. Please check your local County Court for more details. The amnesty, which is not widely publicised, is implemented due to local authority offices, solicitors, courts and housing welfare organisations festive holiday closures. Unfortunately […]
Read MoreA 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 MoreWhen bad tenants face eviction for excessive rent arrears, they often think they can move out without ever paying the landlord their due rent. This is not the case! Many UK landlords may not be aware but they are still entitled to claim any rent arrears owed to them by evicted tenants for up to […]
Read MoreFigures released this week by a UK property association, have shown the average length of a tenancy in the UK private rented sector (PRS) has increased to around 19 months. The vast number of people now renting in England has increased by a dramatic 56% since 2004, which now accounts for over 20% of all […]
Read MoreBeing a landlord in the UK is a very desirable financial position that many people would like to be in. Some tenants even think that landlords are made of money, not realising that Buy To Let is a business. The landlord is a businessman and the property is his income source. However, most landlords will […]
Read MoreFinancial experts have suggested the UK Private Rented Sector (PRS), will keep expanding over the next few years. The Council of Mortgage Lenders’ (CML), has noted that UK Landlords, Property Management Companies, Lettings and Estate Agents are currently seeing strong rental returns within the UK PRS, and this income improvement is likely to continue for […]
Read MoreBeing a Private Rented Sector Landlord is the ideal job for an increasing number of people and the occupation is certainly in demand right now following a surge in the number of searches for buy to let mortgage advice, during October, according to new figures released this week. October has seen a surge in people […]
Read MoreLandlords are increasingly positive about the buy-to-let market in the UK, according to an annual Private Rented Sector (PRS) Survey. The data makes interesting reading for any pundit who has cast doubt on the future of Buy-To-Let in the UK, but it does show that landlords are prepared to shop around in order to keep […]
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 […]
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