Buy-to-Let
Rents look set to rise over the next 12 months as the supply of new rental properties dries up, according to the latest survey by the Royal Institution of Chartered Surveyors (RICS). It said small scale landlords are pulling out of the market due to recent tax and legislative changes… Read More »Rental supply shortage set to push up rents
The government plans to introduce mandatory electrical installation inspecting for all rented homes. Detailed regulations for enforcing compulsory five-year electrical safety checks in the private rented sector from July this year have been put forward and are now subject to parliamentary approval. The draft regulations propose that, from 1 July… Read More »Mandatory electrical safety regulations to be introduced in England
Fresh research from Proportunity reveals how different property types performed over the past decade, based on price growth. The data, collected across England and Wales, shows that terraced houses have been the best performing housing type in the past 10 years, with terraced homes in London enjoying the highest house… Read More »What have been the top performing property types of the past decade?
Student property remains one of the most lucrative investments available to landlords, with sky-high double-digit yields currently on offer in many parts of the country. With students heading back to university over the next few weeks, demand for student housing is currently high thanks to the growth of international students… Read More »Top tips for new student landlords
Landlords of the draughtiest homes in England and Wales will be required to upgrade their properties ahead of new rules requiring the installation of energy efficiency measures. Since April 2018, new rules have been in place across England and Wales, setting out minimum energy efficiency standards (MEES). These regulations made… Read More »Landlords urged to prepare for new MEES regulations in April
TSB has introduced a new range of buy-to-let mortgages. Available at up to 60% loan-to-value (LTV) there is a two-year fixed rate deal at 1.69%, along with a 75% LTV product at 1.94%. In addition, there are two buy-to-let five-year fixed rates, starting from 1.99% up to 60% LTV… Read More »TSB adds new range of buy-to-let products
The government’s decision to invest an additional £4m in funding for local councils to tackle criminal landlords and letting agents has been warmly welcomed by The Guild of Property Professionals. The housing secretary, Robert Jenrick, announced on Friday that he has pledged new funding to be used to clamp down… Read More »The Guild supports clampdown on rogue landlords
Greater confidence and more certainty in the housing market following last month’s Tory election victory looks set to boost the housing market and unleash pent-up buyer demand from property buyers, including buy-to-let investors, in the early part of 2020, analysts predict. But Anton Frost, a partner at Carter Jonas letting… Read More »A fall in available rental stock would see ‘increased competition and higher rents’
There are tentative signs that landlords are beginning to return to the buy-to-let market, particularly in London where house price falls and steady rental growth are gradually enticing investors back, according to Knight Frank. The company reports that during the first 11 months of 2019, landlords acquired 11% of homes… Read More »Under-resourced county courts are struggling to cope with the number of possession claims being put forward, ‘causing misery for landlords’
Under-resourced county courts are struggling to cope with the number of possession claims being put forward, ‘causing misery for landlords’ not to mention costly delays, according to Landlord Action. The vast majority of residential possession claims are dealt with in the county courts and enforced by county court bailiffs. But… Read More »Court delays causing ‘extreme stress’ for landlords
