The recent LSL buy-to-let Index found that the monthly rent in England and Wales fell by 0.6 per cent in February, but one expert has said the market remains stable despite the findings.
Chris Norris, policy manager at the National Landlords Association (NLA), said that significant rent rises in recent times have been focused on London and the south-east. Read more…
Alterations to the Housing Act are set to come into force from April 6th, which will lead to changes in how landlords and agents deal with deposits.
The legislation imposes stricter timescales within which deposits need to be registered, with failure to comply resulting in severe penalties, which could see landlords compensating tenants with an amount up to three times the original deposit. Read more…
A number of commercial landlords are facing hefty bills over the next six years to make sure their building complies with new energy legislation.
However, a lack of clarity from the government about how the requirements and legislation will be enforced has left landlords unable to calculate the cost of updating their portfolio. Read more…
The high demand for rental properties in the UK has caused average monthly rents to increase by 4.8 per cent.
Figures published by BM Solutions – Lloyds Banking Group’s buy-to-let arm – revealed that the average monthly rent climbed to £716 in 2011, up from 2010′s figure of £682. Read more…
The 2012 Budget saw a range of changes to regulations in the property sector, but one expert claims that the announcements overlooked potential landlords.
According to Landlord Assist, the government missed the opportunity to stimulate investment and encourage further growth in the buy-to-let sector. Read more…
With the high demand for rental properties in the UK at the present time, it is tempting for landlords to increase rents.
However, David Lawrenson, private rented sector expert at LettingFocus.com, has urged landlords to think carefully about adding to their monthly rent rates. Read more…
New research undertaken by SpareRoom.co.uk has revealed that homeowners can reduce their mortgage payments by becoming a landlord and renting out their spare rooms.
The website found that Hull tops the list of cities where it is possible to live mortgage-free by renting out a spare room. Read more…
