Trends report suggests landlords in UK are confident going into 2018
Click here to view the original article ‘Trends report suggests landlords in UK are confident going into 2018’ Landlords in the UK appear to be confident of coping with increased outgoings if mortgage interest rates rise this year, new research suggests. Some 51% of experienced landlords are saying that any decision to sell properties […]
New Gas Safety Rules
Click here to view the original article ‘Safety in the installation and use of gas systems and appliances’ Gas Safety (Installation and Use) Regulations 1998. Approved Code of Practice and guidance Subject to being approved by Parliament, the Gas Safety (Installation and Use) (Amendment) Regulations 2018 will come into force on 6 April 2018. […]
Landlords can still make rental returns 8.9% by letting properties room-by-room
Click here to view the original article ‘Buy-to-let’s not dead yet: Landlords can still make rental returns 8.9% by letting properties room-by-room’ Buy-to-let yields have fallen due to high house prices and fairly stable rents But some property investment sectors are more lucrative Broker says that standard buy-to-let properties yield on average 5.6% Homes […]
Tenants in UK private rented sector unaware how to challenge deposit issues
Please click here to view the original article ‘Tenants in UK private rented sector unaware how to challenge deposit issues’ Millions of people who rent homes in the private rented sector in the UK want to challenge their landlord or letting agent when their deposit is not returned but don’t know how to, new […]
Cost of homeownership hits lowest level in 10 years
Click here to view the original article ‘Cost of homeownership hits lowest level in 10 years’ Since 2007 the average UK house price has increased by 28%, while rents across the nation have also jumped by 15%. According to the ONS, the average weekly expenditure of the UK household has also reached its highest […]
Will increased landlord licensing improve PRS standards?
Click here to view the original article ‘Will increased landlord licensing improve PRS standards?’ The government’s proposals to increase mandatory licensing of Houses in Multiple Occupation (HMOs) provides another key opportunity to crack down on the minority of criminal landlords operating in the rental sector. According to automated rental payment provider PayProp, the new […]
Landlords report falling tenant demand
Click here to view the original article ‘Landlords report falling tenant demand’ Figures from BM Solutions show that one in five landlords is seeing a drop in tenant demand, with overall demand dipping to its lowest level in five years. The lender’s poll of 817 buy-to-let investors at the start of this year showed […]
Portfolio landlords facing mortgage difficulties
Click here to view the original article ‘Portfolio landlords facing mortgage difficulties’ Following last year’s regulatory changes 70% of UK landlords with four or more buy-to-let mortgages, also known as portfolio landlords, said they’ve faced difficulties obtaining finance, according to figures from Foundation Home Loans. Since 30 September, portfolio landlords’ mortgage applications require the […]
HMOs provide highest rental yields for landlords
Click here to view the original article ‘HMOs provide highest rental yields for landlords’ Buy-to-let landlords looking to secure high rental yields should consider investing in Houses in Multiple Occupation (HMOs) which continue to outperform standard buy-to-let properties, the latest Complex Buy to Let Index published by Mortgages for Business shows. HMOs produced average […]
One in five buy-to-let landlords plan to sell up
Click here to view the original article ‘One in five buy-to-let landlords plan to sell up’ The ongoing changes to the tax treatment of buy-to-let investments and ongoing economic uncertainty mean 20 per cent of UK landlords are considering exiting the market, according to the National Landlords Association. The trade body said one in […]