The market place for buy to let finance has rocketed in recent months with more than 900 financial products available but a growing number of landlords are struggling to access the market, claims research. A study has been undertaken by online agent Property Let By Us and, the firm says, […]
‘Savvy landlords’ enjoy low to let rates
A surge in buy to let remortgaging activity in June has been put down to ‘savvy landlords’ capitalising on record low interest rates. The Council of Mortgage Lenders (CML) has revealed that remortgaging activity rocketed by a third which was fuelled by fears that the Bank of England was due […]
Landlords warned on buy to let insurance
Landlords are being warned to carefully review their buy to let insurance policies as rents have risen by 2.5% last year to June to underline the growing popularity of buy to let as an investment. The warning comes from Paymentshield who say that landlords, particularly those who are new to […]
England’s landlords will have to evict illegal immigrants
In a controversial move, the Government has announced that it expects landlords in England to evict illegal immigrants from their properties. It is part of a new draft of measures to clampdown on illegal migration and the tenancy can be brought to an end without a court order. This will […]
Rents rocket in four years by 18%
The cost of renting a home in the UK is rocketing with prices up by a fifth in London since 2011, according to new figures. Tenants in London have seen their rents grow at twice the national average and rents are now rising at their fastest for two years. The […]
Rent increases planned by two-thirds of landlords
A survey by the Residential Landlords Association (RLA) has revealed that 65% of landlords questioned are considering increasing their rents as a result of the budget. The findings contradict the government’s case that the changes to the way landlords are taxed will not lead to a rent increase. In his […]
Tenants unsure of their responsibilities
Research has revealed that there is a lot of confusion between landlords and tenants about who is responsible for what under a tenancy agreement. The survey by MakeItCheaper.com found that 43% of tenants were unsure of their responsibilities. Indeed, 11% of tenants said they knew more about the responsibilities within […]
Landlord guide will help deliver safe rental properties
A new guide aimed at landlords will help them make their properties safe, secure and legal, says the organisation behind it. The Residential Landlords’ Association has launched its new toolkit called ‘Safe and Secure’. This involves a website which is home to an interactive image of a property which can […]
Property damage affects “400,000 landlords”
According to the National Landlord’s Association (NLA), around 400,000 landlords have had tenants damage their property in the last year. That’s around 29% of all UK landlords and, the NLA claims, around 120,000 landlords or 8% have had to make an insurance claim as a result. This means that the […]
Amateur landlords hardest hit by budget
The recent budget announcement to restrict the amount of tax relief a landlord can claim for their mortgage will affect amateur landlords more than professional ones, says one leading letting agent. The head of residential lettings at Carter Jonas, Lisa Simon, said the change will hit many landlords with an […]
