Letting agents from around the UK are reporting that the rate of rental increases is beginning to fall for the first time in 2015, according to research. The Association of Residential Letting Agents (ARLA) is also saying that following a surge in supply of rental property in July, accommodation has […]
Benefit payment delays hit landlords
Delays in housing benefit payments from local authorities have affected more than half of landlords in the private rental sector, says the National Landlords’ Association (NLA). The NLA has published the results of its research which shows that nearly 3.3 million tenants were affected by late benefit payments last year […]
Landlords plan for buy to let portfolio investment
Nearly one in five buy to let landlords in the UK are looking to add to their portfolio which will help fuel a boom in the property market, according to the Nottingham Building Society. The building society has published a report which also says that 4% of homeowners are planning […]
Landlords warned that fake passport use is on the rise
Landlords and letting agents in the UK are being warned that potential tenants are increasingly using fake passports to gain tenancy of properties, according to Keysafe Tenant Vetting. The firm says that the number of incidents it is seeing with prospective tenants offering false documentation has soared. Keysafe’s managing director, […]
Landlords over 50 “make no profit”
An investigation has revealed that for landlords aged over 50, around 10% of them do not make any profit whatsoever from their rental property investment. The findings come from Saga Landlord Insurance who say that many landlords have gained ‘substantial’ financial awards since entering the UK’s private rental sector though […]
BTL landlords could be forced out of business
Worries that the tax crackdown on landlords announced in the recent Budget have been proven with a new survey which reveals that one in five landlords believe they will be put out of business within the next two years. The findings come from specialist landlord law firm, Access Legal, who […]
Number of buy to let products rockets
The growing popularity of buy to let in the UK has been underlined with news that there are now more than 1,000 financial products available for landlords, according to Moneyfacts. The website says this is the first time that more than 1,000 buy to let mortgages have been available since […]
Landlords can boost rental property desirability
Research has revealed that landlords can boost their rental property’s desirability by installing a modern kitchen, according to estate agents. The survey also reveals that a back garden and off-street parking are also highly influencing factors in tenants choosing a property. The results of the survey also mirror the needs […]
Landlords are ‘helpful and fair’ say tenants
It may go against what many people believe, but a survey has revealed that most tenants believe their landlords are helpful and fair. The research was conducted by AXA Business Insurance which found little evidence to support stereotypes but that landlords could improve security and safety of their properties. Indeed, […]
Nearly half of landlords hit by tax change
The National Landlords’ Association (NLA) has revealed that 47% of landlords will be hit when the annual wear and tear allowance is removed from next year. The move was announced by the Chancellor, George Osborne, in his latest Budget for the allowance to be removed and instead landlords will have […]
