Login

Buy-To-Let Rents Reach New Average High


Tuesday, March 4, 2014

  Average Buy-To-Let Rents Up To £758 (GBP) Per Month Buy-to-let mortgage applications by new and seasoned property investors and private renal sector (PRS) landlords expanding rental portfolios have dramatically increased during the last 12 months, fuelled by rising PRS rents and improved specialist products and services designed to help reduce landlord overheads and headaches. UK [...]


| | Comments Off

Banks Cut Back On Loans Despite FLS Extension


Thursday, June 6, 2013

Bank Loans To Business Falls It has been reported that UK bank lending has continued to dwindle, despite government attempts to reverse the trend through the introduction of the “Funding for Lending Scheme” (FLS). Bank of England (BoE) data showed that overall net lending fell £300 Million (GBP) in the first quarter of 2013. Lending [...]


| | Comments Off

Tenant Eviction Figures Increase Again


Thursday, March 14, 2013

Landlord Possession Claims Soar Again   There has been a dramatic increase in the number of PRS landlords seeking to evict bad tenants and the volume of possession orders doesn’t look like abating any time soon according to data released by the UK Government. Government figures show that there were 103,329 landlord claims for tenant [...]


| | Comments Off

Tenancy Deposits Don’t Work


Wednesday, July 11, 2012

40% of all UK Private Rented Sector (PRS) tenants have reportedly lost some or all of their rental deposit at the end of a tenancy, but landlords aren’t winning either, says a new report. The total amount lost per person averaged £313 (GBP) according to a new survey conducted by online property portal – FindaProperty.com. [...]


| | Comments Off

Deposit Protection Deadline Looms!


Friday, April 27, 2012

New Deposit Protection rules are now in force and the deadline for landlords and letting agents for the registration of a tenant’s deposit, for every single tenancy, must be completed within 30 days of 6th April 2012, therefore, the deadline will be the 5th May 2012 This Affects All PRS Landlords If They Have Never [...]


| | Comments Off

Landlords Lack Of Faith In Tenancy Deposit Schemes


Wednesday, April 11, 2012

Findings published online this week, reveal that UK landlords have an underwhelming lack of faith or trust in any of the Government backed tenancy deposit schemes. The results of the survey of 100 UK PRS landlords, 50 lettings and property management agents and 1000 tenants by digital inventory provider Imfuna, conducted during February this year, [...]


| | Comments Off

Developers Encouraged To Build To Rent


Friday, February 24, 2012

New home builders and property development contractors may be encouraged to build new exclusive rental only housing estates where none of the properties will be for sale. The UK Government are exploring the idea and it could mean the introduction of a separate planning class for new-build residential property that will be rented out, and [...]


| | Comments Off