Posts Tagged ‘buy to let’
Letting agents may notice a slow down in the market in the forthcoming weeks
Posted on 18/05/2012
Letting agents may notice a slow down in the market in the forthcoming weeks, as it has been suggested the double-dip recession could make landlords cautious. Tenant eviction and rent collection firm Landlord Assist explained that buy-to-let investors may push back plans to expand their portfolios until the economy shows signs of recovery. While conditions …
TDP deposit scheme favours tenants, landlords claim
Posted on 13/04/2012
A new survey has revealed the majority of landlords in the UK believe tenancy deposit protection (TDP) schemes are not designed to their benefit. Research carried out by digital inventory platform Imfuna found 54 per cent of buy-to-let property owners feel it is tenants that get the most out of the initiative. Letting agents share …
Tips for first-time landlords looking for property investments
Posted on 09/03/2012
Individuals looking to become landlords have been advised to research local economies and tenant demand when selecting where to invest. David Lawrenson, private rented sector expert at LettingFocus.com, explained how it is important to avoid areas of oversupply. “It is less of an issue now, but it was more of an issue in the past …
Tax system stifling investment in Private Rented housing
Posted on 02/03/2012
The current tax treatment of private landlords is stifling investment in the sector and major changes are required if the supply of rented accommodation is to be boosted to overcome the current shortage, according to one of the leading landlords organisations. In a report produced for the Residential Landlords Association (RLA) at the end of …
Repossessions dip below forecast – but set to rise this year
Posted on 23/02/2012
The total number of properties repossessed by lenders last year was 36,200, below the estimate of 40,000 and the lowest annual total since 2007. However, repossessions this year are predicted to rise to 45,000 and debt experts said it was the calm before the storm, warning that lender forbearance hides the true state of borrowers’ …
Buy-to-let ‘becoming increasingly attractive’
Posted on 13/01/2012
Purchasing buy-to-let property and becoming a landlord is becoming increasingly attractive to many investors. This is according to private rented sector expert at LettingFocus.com David Lawrenson, who explained some individuals have recognised they stand to make more money in the long-run if they lease an abode rather than put cash into a savings account. He …
Buy-to-let ‘a long-term investment’
Posted on 09/12/2011
Letting agents may notice an increase in the number of landlords looking to expand their portfolios in the forthcoming months. Operations manager at the Association of Residential Letting Agents Ian Potter explained figures suggest more and more investors are keen to purchase new properties. However, he noted there is “not the property for them to …
Landlords ‘are confident’ about portfolio expansion
Posted on 30/11/2011
There are signs in the UK that the amount of rental stock is likely to increase in the near future, according to one specialist, which is good news for landlords. Private rented sector expert David Lawrenson said there are signs that the amount of rental stock is likely to increase in the near future, with …
Now ‘a good time for property investors’
Posted on 28/11/2011
Individuals considering purchasing a buy-to-let property and becoming a landlord may be pleased to hear one expert’s comments about the market. Dianne Paterson, property partner at Russel + Aitken, claimed “conditions are still strongly favouring those who are in a position to buy”. She explained how although it is “too early to predict” how things …
Buy-to-let loans ‘on the rise’
Posted on 18/11/2011
Letting agents may have noticed an increase in the number of individuals purchasing buy-to-let property as the number of loans for such investments has reportedly increased. New data published by the Council of Mortgage Lenders (CML) has revealed money lending increased by 16 per cent in the third quarter of 2011. In this period, there …
Landlords to be brought to task by HMRC
Posted on 17/11/2011
HM Revenue & Customs (HMRC) has announced they will clamp down “hard and fast” on tax evasion by landlords in the North West of England and North Wales. Small businesses and individuals working in the buy-to-let sector are set to have their bookkeeping scrutinised with the department announcing that a new taskforce has been set …
Buy to let mortgages ‘are available’
Posted on 03/11/2011
The availability of buy to let mortgages for UK landlords is continuing to increase, according to one expert, who has noted that rates are still relatively high, however. Alan Ward, chairman of the Residential Landlords Association (RLA), made the comments after figures form Haart revealed that demand for buy-to-let mortgages has risen to 16.8 per …
