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PRS Rents Remain Stable


Thursday, September 24, 2015

ARLA Report Fewer Landlords Raising PRS Rents The Association Of Residential Letting Agents (ARLA) have reported that the number of letting agent members reporting PRS rent increases has dropped for the first time this year. It was widely feared that many landlords would be forced to increase PRS rents in order to mitigate the abolishment [...]


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Average UK Rental Prices Fall


Tuesday, September 22, 2015

Average Rental Prices Drop As Yields Remain Steady New data published by Your Move and Reeds Rains shows that average monthly rental prices in England and Wales have fallen on a monthly basis for the first time since March 2015, with the average national monthly rental price down by 0.1% in August, dropping from £804 [...]


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Property Damage Doesn’t Have to Be A Costly Issue


Thursday, September 3, 2015

PRS Landlords Forced To Make insurance Claims Over Tenant Property Damage Research by the National Landlords Association (NLA) suggests that over 400,000 private rental sector (PRS) landlords have been forced to claim on their landlord insurance policies due to rental property damage caused by tenants over the past 12 months. The research indicates that almost [...]


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Lack Of Available Rental Property Driving PRS Price Increases


Thursday, August 27, 2015

Rental Property Demand Still Exceeding Supply The latest private rental sector (PRS) property index published by Your Move and Reeds Rains shows that average rental property prices in the UK are beginning to exceed £800 (GBP) per month, pushing PRS rental prices to a new record high. According to the report’s findings, PRS rents have [...]


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HMRC Publish Details Of Wear And Tear Tax Changes


Tuesday, July 28, 2015

HMRC Introduce Replacement Furniture Relief To Supersede Wear And Tear Allowance HM Revenue and Customs, (HMRC), have finally announced the scope of the proposed amendments to the wear and tear tax allowance for landlords of rental properties, outlined in the post election budget by Chancellor George Osborne. At the 2015 Summer Budget the Government confirmed [...]


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Tenant Rent Arrears Increase As PRS Rents Climb


Wednesday, July 22, 2015

New Study Reveals More Tenants Are Struggling With Rent Arrears Tenants without rent protection insurance are struggling to avoid getting into rent arrears as private rental sector rental prices climb 5.6%. UK PRS rents have risen at the fastest rate since 2009, increasing at a faster rate than property prices for the first time since [...]


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What Does A Problem Tenant Look Like?


Tuesday, July 7, 2015

Are Problem Tenants Easy To Spot? When potential tenants turn up to view rental properties, you might get some bad vibes and, in those cases, you’ll probably want to look for someone else as a preferred tenant. And then someone else comes along, and they seem just what you’re looking for because they are in [...]


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Landlords Want To Buy More Ready Tenanted Properties


Wednesday, May 27, 2015

Tenanted Properties Are Landlords Top Purchasing Targets Recent analysis of over 65,000 UK private rental sector properties has found that the number of ready tenanted properties purchased by portfolio landlords has reached the highest recorded level since 2005. The analysis conducted by Countrywide Residential Lettings discovered that 11% of all rental properties bought by portfolio [...]


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Fall In Mortgage Arrears And Property Repossessions


Thursday, May 21, 2015

CML Data Shows Drop In Number Of Mortgage Arrears According to the latest data published by the Council of Mortgage Lenders (CML), the number of UK buy to let mortgage arrears and number of landlords facing repossession of their rental properties has fallen in the first quarter of this year. A decline was experienced in [...]


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Landlords Face Increasing Rental Property Operational Costs


Wednesday, May 6, 2015

Landlords Missing Out On Vital Income Because They Fail To Calculate Rental Property Operational Costs Correctly According to recent data gathered independently by a UK based property investment company and a national letting agency chain, almost 1 in 8 landlords fail to calculate many of the true running costs of their rental property portfolios when [...]


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