UK PRS void periods and rent arrears are falling steadily UK private rented sector landlords are reaping the rewards of the developments of specialist products and services designed to ease the burden for landlords and the UK lettings industry. Market leading companies, such as Legal 4 Landlords have spent a great deal of time, effort […]
Read MoreA greater proportion of residential property owners struggling to sell their existing properties are taking a leaf out of the portfolio landlords book and are choosing to offer their properties for rental purposes in the UK private rental sector (PRS), in order to provide adequate finances for their retirement. Of the single property owners choosing […]
Read MoreWhen the financial crisis started in 2007/8, mortgage lending in the UK almost stopped because mortgage lenders became wary of the toxicity of sub-prime mortgage loans and raised their lending criteria to unprecedented and highly restrictive levels, virtually killing the UK property market. This meant that empty properties became financial millstones for many people who were unable […]
Read MoreLandlords and letting agents need to be aware of the importance of having the right Landlord Insurance policy to protect their rental property assets rather than tailoring insurance policies to suit the needs of their tenants. UK landlords are discovering that some insurance companies are reluctant to cover certain categories of tenants, including students or […]
Read MoreHome insurers and the UK’s coalition Government are still arguing over paying for flood protection, meaning Millions of homeowners and Buy-To-Let Landlords are facing uncertainty over house prices, mortgage availability and the validity of their insurance policies. If the UK Government fails to meet the demands of insurers to reinstate flood protection cuts then insurance […]
Read MoreDespite campaigns from all quarters of the media and industry bodies, the number of empty homes in the UK increased significantly in 2011, new research has shown. Data from the Communities and Local Government department, (CLG),the Office for National Statistics, (ONS), and Halifax’s own housing statistics database, the study revealed a 1.8% rise in empty […]
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