Posts Tagged ‘renting’
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 …
Benefit Cuts Making Letting Unaffordable for Landlords
Posted on 24/04/2012
A survey* by the National Landlords Association (NLA) has found more than half of landlords can no longer afford to rent to housing benefit tenants because of cuts to the allowance. The survey showed 53% of landlords believe the local housing allowance (LHA) cuts have made it unaffordable to rent to those on benefits. Nearly …
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 …
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 …
Tenant Checks are not an optional extra
Posted on 21/11/2011
The National Landlords Association (NLA) is reminding landlords to carry out background checks on potential tenants before letting their properties. The NLA advises all landlords to carry out checks to confirm a tenant’s identity, and ensure that there is no apparent reason why they could not keep up with the rent. A recent survey by …
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 ‘should provide’ carbon monoxide alarms
Posted on 11/11/2011
Landlords with residential lettings should take steps to look after the safety of their tenants by ensuring carbon monoxide (CO) alarms are installed in all their properties. This is according to president and co-director of CO-Gas Safety Stephanie Trotter, who said having this equipment fitted or checked as part of their required annual inspections must …
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 …
Renting on the rise as flexible alternative
Posted on 29/10/2011
The private-rented sector (PRS) is playing an increasingly important part in providing housing in the UK, according to delegates who attended the National Landlords Association (NLA) fringe events at this year’s political party conferences. Troubled by the disproportionate attention given to virtually inaccessible social renting and owner occupation, the NLA posed the question: “Where would …
