Showing posts with label buy-to-let investment. Show all posts

Buy-to-let landlords must take tenant affordability into account

While demand for rental property remains strong, landlords always have to be mindful of tenants’ ability to pay higher prices, according to the Scottish Housing Regulator. Returns achieved by landlords in Scotland remain highly competitive when compared to other asset classes, the latest figures show. The average monthly rent in Scotland hit £574 in September, the latest data from Your Move Scotland reveals. However, with rental price inflation running ahead of general inflation as measured by the consumer price index, …

Top tips for a smooth tenant check out!

A tenant check out should always be carried out professionally, regardless of your relationship with the tenant. This is the best time to evaluate the state of the property and to work out how much of the deposit should be kept in order to account for any damages and the subsequent repairs. Here are our top tips on making a tenant check out as smooth as possible: Start early Get in touch with the tenant a few weeks before their …

What should you expect from the buy to let market in 2015?

Landlord Insurance

Falling rent arrears and rising rent prices at the tail end of 2014 mean that landlords are heading into 2015 feeling largely optimistic, but what should they expect from the market in the year ahead?   Investment Many experts predict that the changes in pension regulation could lead to a buy to let boom, with 32% of people aged 45 to 64 with a pension considering using it to purchase an investment property, according to a recent survey. 43% of …

Landlords – keep an eye out for hidden Letting Agents fees

Landlords are currently being warned to keep an eye out for lettings agents who are adding numerous hidden fees to their maintenance invoices, without outlining exactly what they are doing. At the moment, many agents are increasing their bills by charging a commission on maintenance work that they book with their property management service. Essentially, this means that letting agents are charging clients a fee for maintaining the property, as well as taking commission from the maintenance companies they use. …

What to expect for Buy-to-Let Landlords in 2014

2014 is expected to be a good year for landlords in the UK. Over 50% of landlords expect tenant demand to increase and 40% have reported growth in the last 6 months. Currently, landlords are in a good position to benefit from the strong yields on property. Anyone who is aspiring to be a buy to let investor can be encouraged by the climbing demand in tenants, which will not only signify long term investment opportunity but will also demonstrate …