Posts Tagged ‘buying’
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 …
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 …
New website launches for unmodernised properties
Posted on 22/11/2011
A new website listing unmodernised properties has launched, offering agents a free trial. As well as a search function – although it currently seems to have relatively few listings – it has news and features for those interested in unmodernised property, including an ‘Ask the Experts’ section, information on upcoming auctions and investment calculators. The …
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 …
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 …
Buy to let property ‘a wise investment’
Posted on 01/11/2011
People thinking of investing in property in the coming months will find that it is a safe place to put their money, one expert has suggested. David Lawrenson, a property letting expert, pointed out that rents are going up have been doing so for about seven months now across the country. He explained that, in …
Housing supply falls back
Posted on 14/10/2011
Fewer vendors put their homes up for sale during September, as fears over the economy continued to impact negatively on the housing market, says RICS UK Housing Market survey for September 2011. New instructions, which indicate supply levels to the market, fell back during September, with 5 per cent more surveyors reporting supply of property …
FirstBuy – The stepping stone into home ownership
Posted on 13/10/2011
Are you a UK resident struggling to secure a mortgage as a result of the large deposits required? FirstBuy, a brand new government scheme could be the perfect option to get you on the property ladder more affordably. Visit our FirstBuy microsite now to see what’s on offer near you! For years, home-ownership has been …
