Archive for January, 2012
January 25th, 2012
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Commercial property offered total annual returns of 8.1 per cent in 2011, according to new figures from CB Richard Ellis.

Despite a weak economic background, the sector offered a “respectable performance” that “compares favourably” with other main asset classes, David Wylie, head of economics & forecasting, said. Read more…

Author: Categories: General Tags:
January 24th, 2012
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The number of lenders operating in the buy to let mortgage market continues to rise, offering greater levels of choice to investors.

According to the latest figures from the Complex Buy to Let Index published by Mortgages for Business, 25 lenders were providing products in the final quarter of 2011 after successive rises throughout the year. Read more…

Author: Categories: Mortgages Tags:
January 23rd, 2012
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Homeowners considering making the jump and letting out their property must ensure they take out comprehensive landlords insurance, the National Landlords Association (NLA) has advised.

A recently NLA survey of landlords found rental yields now stand at an average of 6.7 per cent, and when combined with low house prices, could lead to more people letting their property. Read more…

Author: Categories: Landlord Insurance Tags:
January 22nd, 2012
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Landlords should expect to see rents rise moderately in 2012, according to predictions from Belvoir Lettings.

Managing director Dorian Gonsalves predicted that there will be large fluctuations in income across regions, with the south-east expected to benefit from high prices in London pushing people out of the capital into the home counties. Read more…

Author: Categories: Letting Agents Tags:
January 21st, 2012
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Buy to let property is now being seen as an attractive investment in comparison with savings accounts as more accidental landlords enter the market.

According to recent figures from the Association of Residential Letting Agents (Arla), more properties are coming onto the rental market as people are struggling to sell their homes. Read more…

Author: Categories: Property Market Trends Tags:
January 20th, 2012
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More landlords will be looking to rent out their property per room this year to take advantage of higher yields.

According to Matt Hutchinson, director at SpareRoom, said professional landlords who run their portfolio as a business will find renting per room very attractive, despite the extra work needed to determine rates. Read more…

Author: Categories: Letting Agents Tags:
January 19th, 2012
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The number of tenants in arrears fell year-on-year in November, as an improvement was also seen in the number of landlords making their mortgage payments.

According to new figures from the latest Tenant Arrears Tracker by Templeton LPA, a seven per cent slump was seen in the number of landlords in buy to let mortgage arrears compared with October, representing a 17 per cent fall year-on-year. Read more…

Author: Categories: Mortgages Tags: