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1083 articles
How landlords can avoid hefty fines
Managing property brings a wide range of responsibilities, to ensure tenants have a safe and secure place to live. These regulations or obligations relate to health and safety, finances, contracts, licences and building regulations. There are many ways that landlords can slip up and fail to meet their obligations. This can lead to hefty fines […]
Proptech continues to make life smoother in the property sector
Interest and investment in proptech continue to make waves in the property sector. Whilst it has had its detractors, property technology is continuing to make life easier for landlords, property owners and tenants. Obviously, estate agents and letting agencies with a good reputation for their customer service will thrive and many are embracing technology. It […]
More landlords looking at setting up limited companies
Nearly two out of every five landlords are considering using private limited companies to buy further buy-to-let properties in the next 12 months. This compares to just one in four who are planning to acquire more properties as individuals, according to research by Precise Mortgages. Their study shows that 38% of buy-to-let landlords are planning […]
Best places to invest in UK rental properties
The rental sector is becoming an even more important sector in the world of property. Millennials are joining General Rent – and older renters too – in looking for long-term rentals. Millennials are turning their back on home ownership because they want the freedom to move as and when they please. Younger generations are more […]
Warnings as rental property listings drop
Warnings are being aired about a rental drought, as fewer properties are available and prices soar. The property search engine, Home.co.uk, has noticed a 12% fall in listings for rental properties in the past year. It says changes in taxes for buy-to-let investors and the Right to Rent regulations have put off landlords. It says […]
Steps being taken to boost rental sector
As the housing crisis deepens, as more landlords decide to sell their rental properties because of increased taxation and legislation, steps are being taken to help alleviate the situation. The investment in build-to-rents continues, although certainly not at a fast enough pace to make much difference now. But there are other smaller initiatives which, if […]
Renting better than buying for many tenants
More people are turning their backs on home ownership, as they find the flexibility of renting more appealing. Many people are simply not looking to buy property because they do not want the financial burden, according to research by insurer, Direct Line for Business. Of the 17 million tenants in the UK, around 70% – […]
Why landlords should target families as their ideal tenants
Landlords looking for tenants who won’t take up much of their time should be targeting families, according to new research. Families take up less time than any other tenants when it comes to property management, according to National Landlords Association research. Investing in properties that are more energy-efficient also pays off, as they take up […]
New standards for HMO and licensing schemes
Landlords will soon need to get a licence for HMO properties that they let to five or more tenants from two or more different households. The guidelines have been published by the Ministry of Housing, Communities and Local Government, as part of wider guidelines to improve rental housing conditions and stamp out overcrowding. From October […]
Commercial property landlords feeling the pinch
The decline of the traditional high street has been widely reported. Online shopping and out-of-town shopping centres are proving to be more attractive to shoppers than a traditional Saturday morning shop in the local high street. Retailers are feeling the pinch – or closing down – but it’s also affecting cafes and pubs, which also […]
More landlords becoming full-time professionals
More landlords are carving out a full-time career through buy-to-let investments, according to new research. Kent Reliance’s Buy To Let Britain report shows that 31% of landlords now make a full-time living from their property investments. This is up from 26% just three years ago. The research also shows that rents are expected to rise […]
Landlords unaware of PRA changes
Many buy-to-let investors have not been made aware of changes by the Prudential Regulation Authority affecting their ability to borrow money. The National Landlords Association has criticised mortgage brokers and other lenders for failing to keep landlords informed about the PRA changes for buy-to-let mortgages. The NLA says that more than half of all UK […]
Where are rents rising the fastest?
Rents have risen faster in the South West of England and the East Midlands than in any other region in England or Wales in the past 12 months. According to research by Your Move Rental Tracker, average prices in those two regions rose by 3%. The average monthly rent in the South West is now […]
Longer Tenancies Seen as the Way Forward
Calls are being made for changes in the buy-to-let sector to meet the needs of tenants by providing longer tenancies. More than a quarter of people in their late 30s or early 40s are now renting for a variety of reasons. Some simply cannot afford to buy their own home in the area where they […]
Manchester’s the Top Spot for Landlords
Landlords looking to expand their buy-to-let portfolios should look north in Manchester. Online comparison website GoCompare has set up a list of the best UK cities for owning and running buy-to-let investments. It has Manchester in the top spot, pushing London firmly into second place. The portal used a number of factors to compile its […]
Urgent Demand for More Rental Properties
Around one in five UK households is expected to be living in rental properties by 2022. By 2025, around six million people will be looking for accommodation to rent. A rising number of Brits will be long-term, if not lifelong, tenants in the future, and more needs to be done to ensure the demand is […]
Tax Changes Forcing Landlords to Raise Rents
Tenants face higher rents unless the government does a U-turn on tax changes for buy-to-let investors and existing landlords. According to MakeUrMove, rents could rise by 2.5% this year, meaning tenants will need to find an extra £23 a month for their rents on average. Overall, the online letting agent forecasts that about two million […]
How the Tenant Fees Bill Will Affect Landlords
Letting agents’ fees are likely to be scrapped next year when the Tenant Fees Bill comes into operation. This means agents will not be able to charge anything except rent from tenants, a deposit which is limited to a maximum of six weeks’ rent and a separate holding deposit which is limited to one week’s […]
More 40-somethings renting rather than buying
More middle-aged people are now living in private rental accommodation. According to data analysed for the BBC News, this age group is now twice as likely to be renting from private landlords than 10 years ago. Whilst rising property prices are the main factor, putting ownership out of reach for many workers, others turn to […]
Calls to reduce buy-to-let investor taxes
With the supply of rental properties falling, calls are being made to take a fresh look at the tax burden on buy-to-let investors. The Residential Landlords Association is calling on the government to look at the taxes that landlords pay as the number of properties to let dwindles. The problem will only become more acute […]
London Emerges as World’s Prop-Tech Capital
Experts have hailed London as the top city in Europe for using technology in the built environment. The news has been revealed in a report called Future Proof Real Estate – Is the Property Sector Ready for the 2020s? from Osborne Clarke. This research looks into how the technology sector believe innovation will change Europe’s […]
Other than location, what perks would make a tenant pay more rent?
Whilst location is still the key when it comes to getting the right buy-to-let investment, it seems there are other factors to consider when marketing your rental property. Tenants are willing to pay more for features and facilities that add value to them. LSL Property Services recently quizzed more than 3,000 tenants to find out […]
More affordable homes needed for workers in the North
New research is showing a need for buy-to-let investment and affordable homes in various towns and cities in the north of England. The problem of a lack of decent buy-to-rent properties is not just confined to London and its commuter towns. But for shrewd investors, they can get more property for their money if they […]
Tenants are seeking ‘greener’ landlords
Whilst location and price are very important considerations when investing in buy-to-let properties, it is now worth looking at how eco-friendly a property is or could become. Obviously, research needs to look into the profitability of a property and its potential yields, but it is also worth investigating what green modifications can be made. According […]
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