With some property pundits predicting that the UK property sales market is not expected to do very much this year, due to lack of interest, the results of an industry watchdog survey makes light of the reasons behind the property sales stagnation. The latest research from the Association of Residential Letting Agents (ARLA) has suggested […]
Read MoreFrom 6th April 2012, UK landlords and letting agents will be required to produce a new Energy Performance Certificate (EPC) for all rental properties in England and Wales. Bringing the rules for letting and selling property into line. The new government rules mean that landlords and letting agents must ensure an Energy Performance Certificate, (EPC), […]
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 MoreUK Landlords and letting agents are being warned about an increase in bogus tenant applications. Fraudulent applicants have been filling out tenancy application forms provided by honest landlords and agents, giving inaccurate or misleading information, in a bid to secure the rental of the property. It is not unknown for the fraudsters to move from […]
Read MoreFigures from a variety of trusted and respected sources offered a tentative boost for the UK property market as mortgage approvals, first time buyer numbers and residential property sales all increased during January. Data gathered from the Council of Mortgage Lenders (CML), British Bankers’ Association (BBA), National Association of Estate Agents (NAEA) and HM Revenue […]
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 MoreRenting a property in the UK Private Rented Sector (PRS) is fast following the European trend and becoming the normal thing for people to do instead of taking the plunge and getting a foot on the property ladder. Struggling First Time Buyers have been forced to rent whilst saving for a deposit on a home. […]
Read MoreDemand for UK Rental Property continues to soar, with lettings agreed within a record low of 12.7 days and up to 5 tenants competing for each private sector (PRS) rental property. Since the beginning of 2011 there has been a significant increase in tenant demand for private rented sector property. UK residents are adopting the […]
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 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 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 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 […]
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