A new survey has revealed that two in five landlords claim to have had a bad experience with difficult tenants.
Two-thirds also admitted that their tenants had defaulted on their rent or not paid the monthly fee on time. Read more…
With the current economic situation, many property investors and landlords are returning to markets that always remain strong, according to one industry expert.
Richard Gale, head of property multi-manager at Aberdeen Asset Management, said that London is one area landlords are focused on, within both the commercial and residential market. Read more…
Landlords should ensure that they carry out pre-tenancy checks on anyone that is moving into their property, according to an expert.
Tom Entwistle, editor of Landlordzone.co.uk, said that credit checks and referencing can help to protect landlords against late, partial or non-payment of rent. Read more…
Buy to let lending has increased by 32 per cent year-on-year, as first-time-buyers continue to struggle to get onto the property ladder.
Some 32,300 loans worth £3.7 billion were advanced in the first quarter of this year, according to the Council of Mortgage Lenders (CML). Read more…
The National Landlord Association (NLA) has urged those renting properties in London not to evict tenants in a bid to push up rents over the Olympic period.
It claimed that landlords should focus on attracting a good, long-term tenant in their property, rather than capitalising on the Olympics and Paralympics. Read more…
Landlords and property owners are being held back from spending money on improving their home because of the current state of the economy, according to an expert.
Andrew Leech, director at the National Home Improvement Council, said that DIY jobs are taking second place as many are struggling to make ends meet. Read more…
Becoming a landlord for the first time can be a very daunting experience, but there are a number of measures you can take to reduce the risks associated with tenanting a property.
David Alexander, owner of a letting agent, told the Scotsman that new landlords often have unrealistic expectations of the rental market. Read more…
