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Archive for May, 2011
May 31st, 2011
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Landlords with buy to let insurance are enjoying a golden period.

Economic conditions, combined with mortgage restrictions are two of the factors which have seen record rental highs and demand.

These conditions will not last forever – but they look as though they might have triggered a seismic change in attitude towards how property is perceived in the UK. Read more…

Author: Categories: Buy to Let Insurance Tags:
May 30th, 2011
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Across most of the UK it is the stagnant housing market which is doing much to keep busy home owners with insurance for rented property as prospective buyers adopt a “wait and see approach”.

But not everywhere.

There is something of a buying frenzy going on in parts of central London with domestic and overseas purchasers competing for the best homes. Read more…

Author: Categories: Buy to Let Insurance Tags:
May 29th, 2011
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Landlords with buy to let insurance have been enjoying excellent market conditions recently, not least because of banks’ reluctance to lend.

First-time buyers have been particularly hard hit by the mortgage restrictions – with many forced to rent instead of being able to purchase a home.

So it will be with some interest for landlords to discover that 75% of first-time buyers support the banks’ tougher lending regime. Read more…

Author: Categories: Buy to Let Insurance Tags:
May 28th, 2011
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There are a number of reasons why landlords with rented property insurance are enjoying record rents.

The high cost of property continues to keep out buyers – particularly first timers.

But lack of mortgage finance is perhaps a much greater reason why people are currently choosing to rent rather than to buy. Read more…

Author: Categories: Economic Situation Tags:
May 27th, 2011
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Homeowners, including those with insurance for rented property will have mixed views on the current state of the housing market.

The rollercoaster movement of house prices appears to have stopped – replaced instead by almost stagnant prices.

House prices rose 0.3% in May, the latest figures from Nationwide have revealed. Read more…

Author: Categories: Landlord Insurance Tags:
May 27th, 2011
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Landlords with buy to let insurance are among those currently enjoying increased confidence in property investment.

That is the verdict of the latest UK Confidence Tracker Survey from Worldwide Property Group.

It found that 80% of people surveyed said property was their leading investment of choice. Read more…

Author: Categories: Buy to Let Insurance Tags:
May 26th, 2011
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Landlords with buy to let insurance are among those who fear a significant negative impact from the Government’s cuts to housing benefits.

The recession has already had an effect on the ability of some tenants to pay their rent on time.

A recent survey by the National Landlords Association revealed that more than half (52%) of landlords experienced rent arrears over the past year. Read more…

Author: Categories: Buy to Let Insurance Tags: