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Archive for the ‘Economic Situation’ Category

Take a local not national view of the rental market, landlords advised

January 30th, 2012

Landlords can no longer take a national view of the rental market, but must take a local view of the investment prospects of buy to let property.

Malcolm Harrison, spokesman for the Tenancy Deposit Scheme, said he believes “the days of taking a national average are gone”, as regional variations become more pronounced. Read more…

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Commercial property investment ‘about security and quality in 2012′

January 17th, 2012

Commercial property investors are to act with caution in the coming year, as they embark on the “flight to quality and security”, according to Knight Frank. Read more…

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Huge deposit sums to keep fuelling lettings demand

January 15th, 2012

Landlords with rented property insurance could well be among the main beneficiaries from an issue which continues to look as though it will keep holding back the first-time buyer market for some time to come.

Since the credit crunch struck four years ago, financial institutions have effectively stopped lending to many people to whom they might previously have granted mortgages. Read more…

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Rising unemployment is a trend landlords should watch closely

January 11th, 2012

Landlords with buy to let insurance should take note of the state of the UK economy when considering their business plans.

According to official Government figures out today, UK unemployment has risen to its highest level for 17 years.

In addition, the number of young people out of work is now at the most ever recorded. Read more…

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Money worries should concern rental sector

January 10th, 2012

There is no doubt that 2012 will be a tough year for most people, including landlords with buy to let insurance

Landlords have prospered well over the last couple of years, thanks in the main to the struggling UK economy, but all that could be about to change. Read more…

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Landlords brace themselves for effects of housing benefit cuts

January 8th, 2012

Significant differences to the level of payments to many housing benefits claimants are set to have a major impact on many home owners with landlord insurance over the course of the next year.

It is understood that around three-quarters of private sector landlords who operate in the Local Housing Allowance sector are considering seriously whether or not they have a future in the LHA. Read more…

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2012 looks to be good year for careful landlords

January 1st, 2012

Not too many landlords with buy to let home insurance are likely to look back on 2011 and consider it to be a bad year.

Demand from prospective tenants reached all-time records and, as a result, rents charged went through the roof. Read more…

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