Around 1.5 million households in Britain are putting their home and their valuables at risk by not taking out a proper insurance policy, a survey has reveal.
Research carried out by moneysupermarket.com indicates that as many as 750,000 households only have buildings cover in place, while another 500,000 just have contents insurance. Read more…
The lack of supply is “boosting” the rents to be higher, which indicates the slow recovery of the buy-to-let market.
According to the latest Royal Institution of Chartered Surveyors (RICS), “The UK lettings market experienced a revival in the quarter to April as supply struggled to keep up with the rising demand”. Read more…
Today the Buy-To-Let market has received a real “helping hand” as Precise Mortgage entered the market.
According to the Financial Times, “Precise Mortgages will initially distribute through a controlled panel of intermediaries made up of L&G Mortgage Club, Mortgage Intelligence and Mortgage Next.” Read more…
Making homes, cars and offices more energy efficient is likely to be the best solution to help reduce the effects of Global warming and pollution.
According to Energy Saving Trust “The Government has set out ambitions to tackle a third of the UK’s carbon emissions from housing by 2050. Read more…
With the downturn of the economy and the Governments policy over the last few years to increase the number of students in university, renting to the student market might not be such a bad idea.
More and more people are deciding to go to university or to extend their studies due to the lack of jobs meaning an increased demand for student lets. University applications for 2010 are 12% higher than last year which could lead to a shortage in student accommodation. Read more…
According to the NLA (National Landlords Association), the number of residential landlords looking to sell their properties to avoid the increase of the Capital Gain Tax (CGT) has jumped.
The association is worried about the future of the market if the CGT would be replaced by a new rate.
As a matter of fact this sudden rise of available properties may have a very negative impact on the real estate’s value. Read more…
The current low interest rates are good for landlords as well as tenants. This is the point of view of Malcolm Harrison, a private rental sector expert, who has noticed that it is easier for landlords to pay off a loan if they are charged less interest.
According to Malcolm Harrison the decrease in rates have helped landlords make their mortgage payments. He explained that this is also a very good point for the tenants, as there could be more properties coming onto the rental market, which will increase choice. Read more…
