Landlords looking to purchase more property to lease out are being warned that the buy-to-let market is becoming increasingly competitive.
An expert at Landlord Mortgages believes that building societies are raising the competition following the decision by some organisations to drop their rates to be more appealing for landlords. Read more…
Landlords and tenants are being encouraged to work together to combat the rise of rental arrears, following figures released by the National Landlord Association (NLA). Read more…
Landlords living in major university cities have the benefit of being able to take on a number of student tenants.
However, an expert has warned that people moving into higher education are becoming more demanding, highlighting a number of facilities that they deem as necessities. Read more…
The number of inexperienced landlords is on the rise, and the challenges they face are continually changing, according to an expert.
Eddie Hooker, managing director of Total Landlord Insurance, noted that the figure of “accidental landlords” is increasing due to poor pension returns and the ease in which people can obtain buy-to-let mortgages. Read more…
Landlords looking to lease out property to perspective tenants need to make sure that they improve its look online, an expert has suggested.
James Davis, chief executive of Upad, has said that with 92 per cent of people now searching on the internet to find rental property, landlords need to make sure that their homes stand out and implore would-be tenants to arrange a viewing and possibly take on the lease. Read more…
Some of the smallest landlords across the UK are continuing in the competitive property market, according to the latest figures.
BRDC Continental’s Independent Landlord’s Panel found that those who are only leasing one house are being hit hard by increasing rent arrears and voids. The organisation’s report noted that the amount of landlords making a loss had grown from eight per cent in the first quarter of 2012 to 16 per cent in the second quarter. Read more…
Tenants are facing yet another rise in rents, according to the latest figures from LSL Property Services.
Those looking to lease a home have seen an increase of 0.9 per cent in June, the third successive month of rental growth. Read more…
