The rise of so-called “Generation Rent” is something which will no doubt reassure landlords around the country with insurance for rented property.
Once Britain was a nation where most people owned or aspired to own their own property.
Renting was something to be avoided wherever possible by those who considered it downmarket. Read more…
The number of mortgage approvals increased last month – but not to the point where it should worry landlords with buy to let insurance.
According to new figures from the Bank of England, June approvals for property buyers went up 4% to 48,421.
But these numbers are still way below the averages seen five years ago – before the housing market crash and recession. Read more…
With the school summer break now underway across the UK, property owners with landlord insurance will be noting that many tenants will be leaving their property to go on holiday.
If your tenants have not yet gone away, perhaps now is the time to speak with them to ensure that they leave the premises secure while they are gone.
Make sure that they know how to leave all windows and doors locked and secured while they are away. Read more…
The current tax system means landlord buildings insurance holders have “very little incentive” to invest in the quality of their properties.
Industry website Property Hawk explains that income from rental properties is assessed as an investment, rather than a business. Read more…
It is a two-tier market for landlords with commercial property insurance.
Those renting out offices in and around London are seeing strong demand and, as a result, solid upwards movement in terms of rent.
Outside of London it is a different story – although there are rental hotspots which are bucking the trend. Read more…
Landlords insurance holders could well be interested to hear the latest news on housing availability and self-builds, from this week.
The Home Builders Federation has called upon the government to increase the accessibility to both these parts of the industry following comments from Grant Shapps. Read more…
Landlords with buy to let insurance have seen the rents they receive increase significantly over the past two years.
This is due to the unprecedented demand for rented property – combined with a shortage of stock.
With “gazumping” becoming common in many parts of the UK, landlords could be forgiven for getting complacent. Read more…
