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…
Property investors should never borrow more than they can afford to pay back on a mortgage if interest rates go up, according to an industry commentator.
Tim Lambert, head of investment property at Parallel Investment Management, was talking about 95 per cent loan to value products and advised that buyers need to learn from the misfortune of others before them. Read more…
The buy-to-let mortgage market is set to grow faster than any other in the next 12 months, as more and more people in the UK look to take advantage of the demand for rental properties by becoming a landlord.
According to Lee Grandin, director at Landlord Mortgages, it is likely that more landlords will join the buy-to-let sector in the coming months. Read more…
New landlords have been encouraged to follow the “golden rules” of letting out a property if they do not want to be left with a poor asset filled with bad tenants.
LettingFocus.com said that landlords should be “very careful” when it comes to choosing the right tenants for their property, before advising thorough reference checks. Read more…
New infrastructure investments will see property price swings take place in the UK, according to an expert.
Steven Herd, managing director of MyLondonHome said that projects like HS2 and Crossrail will bring with them tangible benefits, like improved access and shorter journey times, as well as a positive effect on the property market. Read more…
New landlords must brush up on all that is required of them before they dip their toe in the waters of the private rented market.
According to LettingFocus.com, an independent property investment consultancy, more people are deciding to let out their property, although not all are aware of the sheer level of information they are required to know. Read more…
The rental market in 2012 will continue to forge ahead as demand stays strong in many areas, the National Federation of Property Professionals has predicted.
Chief executive Peter Bolton-King said the majority of members are still reporting a shortage of rental property and this supply and demand imbalance is pushing up rents, meaning greater yields for landlords. Read more…
