An 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 […]
Read MoreNew research from the Association of Residential Letting Agents (ARLA) has shown that tenants are happy to stay in rented property for longer than ever. The UK Buy-To-Let market continues to offer a strong return for property investors, with the new ARLA data showing that the average length of a tenancy in the UK has […]
Read MoreThe unprecedented demand for UK rental property has increased the average property rental price throughout the UK and some private sector landlords have been quick to increase the rental price for their properties to almost record levels. Since the start of the recession the private rented sector has experienced a surge in demand with 20,000 […]
Read MoreWe keep reading in the news that rents are on the increase and there’s never been a better time to be a buy-to-let landlord. In July, rental prices reached a record high of £705 a month and the average yield reached 5.2 per cent. However, with increasing costs for rental properties and the rising cost […]
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 MoreThe latest figures show that rents reached a record high in May after four successive months rising. In May, the average rent rose by 0.5 per cent to £696 per month. The growth means the average rent is now higher than in May 2010. The average yield remained at 5.1 per cent in May. As […]
Read MoreLatest Landlord News by: Madalena Penny Rents increased again in April, according to latest data captured by LSL property services. In their most recent Buy-to-Let Index, LSL recorded a 0.8% rents rise across average rents in England & Wales, a rise averaging out at £692 per month for a typical property. As you would expect, […]
Read MoreLatest Landlord News by: Madalena Penny Ask any letting agent and it’s the same story…..they need more private landlords with decent, available accommodation to let. Since the great property famine descended upon the UK and house prices bombed and sales became stagnant, estate agents focused through necessity on lettings in the wake of restricted mortgages […]
Read MoreLatest Landlord News by: Madalena Penny The first quarter this year has been a strong indicator as to the national residential rental trends being established across England and Wales. As you would expect residential rents have risen in much of the UK’s rental hotspots and tenant arrears have fallen as first-time buyers flooding the rental […]
Read MoreLatest Landlord News by: Madalena Penny Eric Pickle’s recent confirmation surrounding last month’s budget announcement, in which, unused offices and commercial premises can be converted into homes without planning permission, has met with confusion by some landlords, especially those that are already restricted from gaining planning permission on houses for landlord expansion. The Department of […]
Read MoreLatest Landlord News by: Madalena Penny Further evidence this month indicates that tenant-demand is picking up momentum for landlords and letting agents. Paragon’s data captured through their recent landlord survey reveals rental voids have fallen yet again. Making Q1 of 2011 the lowest point for empty properties in the private rented sector since the 1st […]
Read MoreLatest Landlord News by: Madalena Penny. Landlords are a resilient breed. Faced with CGT rises, housing benefit caps, interest rate rises and generally a higher cost of living, the great British landlord tackles adversity with quiet confidence and of course with a bit of help from ongoing demand for rental properties. LSL Property Services latest […]
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 Half way through the first month of the year and the nations’ obsession with property is still dominating the news. Conflicting data and statistics still continues to flood the press reporting negative and positive threads surrounding the home-ownership issue, property prices and the plight of the first-time buyer. The […]
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 […]
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