The market is continuing to rumble and ripple with talk of the effects of the stamp duty surcharge that is coming into force on 1 April 2016. We recently reported on how landlords with a smaller portfolio are likely to be more hard done by as a result of the surcharge than those with larger […]
Read MoreTwo shake-ups to the private rental sector in Wales If you’re a letting agent in Wales, keep on reading, because this week sees two big changes in the private rental sector. New immediate obligation to display fees The first big change is that letting agents need to be aware of a new – and perhaps […]
Read MoreAccording to the latest quarterly index published by Countrywide lettings agency there has been a 6% annual growth in the number of tenants over the age of 50 renting property in the UK private rented sector (PRS). The lettings agency also report that there has been a 7% annual decline in the number of tenants […]
Read MoreRent Guarantee Insurance Reduces Landlord Rent Arrears Worry Private rental sector rent rises slowed down in May and even tenant rent arrears are falling as more landlords use Rent Guarantee insurance to protect the rental income. According to LSL property services, the UK private rental sector (PRS) is still growing, with the number of new tenants […]
Read MoreLandlord Specialists Are Leading The Way In The UK Legal 4 Landlords are an independent company based in the North West of England that has been built to be landlord specialists from the ground up! Started as a small business in 2008, the primary focus was on providing access to the necessary legal services for landlords and letting […]
Read MoreLandlord Faces Massive Bill After Rental Property Gutted By Cannabis Farm Fire A buy-to-let landlord has been left kicking themselves as well as facing a massive financial headache after his rental property in Cardiff was completely gutted by fire. The rental property turned out to have been being used as a cannabis farm and the […]
Read MoreResults from the latest Quarterly Lettings Index survey by Countrywide have revealed a highly favourable rental market for UK buy-to-let landlords in the private rented sector. The Countrywide quarterly lettings index analyses all UK PRS rental prices, rent arrears and gross rental yields and is the UK’s largest national lettings index based on over 50,000 rental […]
Read MoreThe cost of renting in the UK private rented sector (PRS) fell in England and Wales during February, according to a recent report published by LSL property services. Recent figures showed that the cost of renting in the UK PRS during February was 0.1% less when compared to January 2013; however the overall price of […]
Read MoreThe number of tenants in severe rent arrears declined by 15.6% during the final quarter of 2012, according to data released by Templeton LPA, part of the LSL Property Services group. The data indicates that in the last quarter of 2012, almost 16,000 fewer tenants faced severe rent arrears of more than 8 weeks rental […]
Read MoreAnalysis of rental data by Belvoir Lettings has revealed that private rented sector (PRS) rents have fallen across the UK by an average of 2.4% since the start of the credit crunch in 2008. Belvoir said it gives a much more accurate view of the UK PRS rental market on a national scale rather than […]
Read MoreRents Rise But Arrears Fall Regardless of all the media reports about PRS rents rising for the seventh consecutive month, it also appears that the level of late or unpaid rent has fallen to the lowest level since January, equating to 8.1% of all rent across England and Wales in October 2012. A survey by […]
Read MoreThe UK’s rental market has seen strong growth over the last year with rents stabilising in the third quarter to an average rent of £970 per calendar month after an initial fall in price in August. The market has seen a 2 percent increase in rents from September 2011, just 0.6 percent below the rate […]
Read MoreUK Buy-To-Let Landlord confidence has been boosted by continued strong tenant demand and falling property prices, according to the latest landlord survey conducted by LSL Property Services. • 48% of UK BTL landlords believe that now is a good time to invest in property • Less than 1% think it is now a good time […]
Read MoreA new study of the UK rental property market has shown that the cost of Private Rented Sector (PRS) rents are still increasing, following the third consecutive rise in rents being observed in June. Research by LSL Property Services showed that the average rent paid to landlords by tenants in the UK increased by 0.9% month-on-month […]
Read MoreCounty court closures are being blamed for prolonging tenant rent arrears eviction hearings The number of tenants in severe financial difficulty has climbed by 10.2% in the first quarter of this year according to the latest tenant arrears tracker by Templeton LPA, part of the LSL Property Services plc Group. Almost 8,800 more tenants were […]
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