More than four out of ten landlord building insurance holders say they plan to increase the price of rents in 2011.
This ratio of landlord contents insurance holders are said to be considering the move following encouragement to do so thanks to strong demand from tenants this year. Read more…
Not all landlords have buy to let insurance.
Nor, it seems, do some “property” owners provide what could ever be described as adequate accommodation for tenants.
One local council is cracking down on an increasing number of unscrupulous landlords renting out what it describes as “sheds”. Read more…
Almost two years after the Bank of England reduced the base rate to its lowest-ever level, there are signs that a rise is finally on the cards – and landlords with Rented Property Insurance along with other homeowners will be watching carefully.
It follows the release of the minutes of February’s Monetary Policy Committee meeting which show that another Bank of England policymaker has voted for an interest rate rise. Read more…
More rent guarantee insurance customers appear to have been making greater levels of investment in the buy to let market recently.
This development has helped subdue residential rental prices for the second month in a row, according to research from LSL Property Services. Read more…
Homeowners and landlords with insurance are being warned they could be losing money by not shopping around for the best deal.
Britons are collectively wasting £1.7billion by not getting the best value deal on home insurance, according to comparison website Confused.com. Read more…
Landlord building insurance holders will no doubt welcome the news that tenants will come under investigation should they be found to be playing the system.
Welfare Minister Lord Freud recently pledged to contemplate the issues brought about by tenants who receive housing benefits but refuse to pay the rent to their landlords. Read more…
Landlords with insurance for rented property could see the value of their portfolios slashed amid gloomy predictions for the UK housing market.
House prices could drop up to 20% over the next two years as a result of increasing unemployment and public spending cuts.
“Prices are trending slowly downwards at the moment, but our view is that this is really the start of the second leg of the correction, and we expect prices to fall significantly further,” said Paul Diggle, property economist at consultancy Capital Economics. Read more…
