A survey by Nationwide reported that the average price of a UK home is £167,802 which is a 1% increase from March 2010.
This house price increase means prices are now 10.5% more expensive than last year and are only 10% lower than they were during the market peak in October 2007. Read more…
Over half of landlords have experienced void periods for their rental properties over the last 12 months but levels have stabilized, according to the National Landlords Association (NLA).
In March 2010 52% of landlords had experienced void periods in the last year, slightly down from the 55% during the last three months of 2009. This has resulted in 43% of landlords using their personal savings to meet their mortgage repayments in void periods. Read more…
Research by LSL Property Services found that Britain’s larger scale landlords are looking to buy more residential properties and further expand their portfolios.
About 40% of large scale landlords (owning more than five properties) plan to buy at least one new residential property within the next year. Read more…
Research has found that the rise in house prices has dropped as potential buyers are more cautious in April following the build up to the General Elections next month.
According to a survey by Hometrack, although property prices have increased 1.8% over the last year they only saw a 0.2% monthly rise after 0.3% rises in February and March. Read more…
Research by Moneysupermarket.com found that more Brits than ever are willing to consider making a false claim on their home insurance.
Research from the popular comparison website found that 6% (2.4 million) of Brits would consider making a false home insurance claim and 402,000 have already successfully faked a claim. Read more…
Research from SimplyBusiness found that 80% of landlords questioned said they were confident about the buy-to-let sector over the next 12 months.
Although confidence amongst landlords in the buy-to-let sector is high there is concern that the predicted increase in interest rates, competition and new tax breaks for first-time buyers could prove challenging for professional landlords. Read more…
An overview of the housing policies of the three main political parties and the affect it will have on landlords. Read more…
