A new study claims UK Landlords should seek debt advice in order to avoid evictions. The report by the Financial Inclusion Centre, commissioned by the Hyde Group, found that UK landlords could save more than £50 Million in debt-related eviction costs through early intervention. Researchers found that, on average, landlords made a net return of […]
Read MoreAll UK Private Rented Sector landlords need to ensure that their rental properties are correctly and adequately insured. Some Buy To Let and Landlord insurance policies may require intricate details regarding the property and its occupants including the tenants employment status or even the disclosure of criminal convictions. This disclosure requirement doesn’t just apply to […]
Read MoreWhen bad tenants face eviction for excessive rent arrears, they often think they can move out without ever paying the landlord their due rent. This is not the case! Many UK landlords may not be aware but they are still entitled to claim any rent arrears owed to them by evicted tenants for up to […]
Read MoreFigures released this week by a UK property association, have shown the average length of a tenancy in the UK private rented sector (PRS) has increased to around 19 months. The vast number of people now renting in England has increased by a dramatic 56% since 2004, which now accounts for over 20% of all […]
Read MoreDemand for UK Rental Property continues to soar, with lettings agreed within a record low of 12.7 days and up to 5 tenants competing for each private sector (PRS) rental property. Since the beginning of 2011 there has been a significant increase in tenant demand for private rented sector property. UK residents are adopting the […]
Read MoreBeing a landlord in the UK is a very desirable financial position that many people would like to be in. Some tenants even think that landlords are made of money, not realising that Buy To Let is a business. The landlord is a businessman and the property is his income source. However, most landlords will […]
Read MoreFinancial experts have suggested the UK Private Rented Sector (PRS), will keep expanding over the next few years. The Council of Mortgage Lenders’ (CML), has noted that UK Landlords, Property Management Companies, Lettings and Estate Agents are currently seeing strong rental returns within the UK PRS, and this income improvement is likely to continue for […]
Read More1st January 2012 will see further changes to Local Housing Allowance (LHA) under the Government’s welfare reform. The age limit for shared accommodation room rate is set to rise from 25 to 35 This means that anyone under 35 and living by themselves or renting a room will be restricted to the shared room accommodation […]
Read MoreBeing a Private Rented Sector Landlord is the ideal job for an increasing number of people and the occupation is certainly in demand right now following a surge in the number of searches for buy to let mortgage advice, during October, according to new figures released this week. October has seen a surge in people […]
Read MoreAccording to research conducted by the Association of Residential Letting Agents (ARLA), 17% of UK landlords reckon their rental properties would fail Energy Performance Certification (EPC). Under the Government’s Green Deal proposals Landlords who own rental properties that fall into the lowest two categories of energy efficiency could be banned from the private rental market. […]
Read MoreLandlords are increasingly positive about the buy-to-let market in the UK, according to an annual Private Rented Sector (PRS) Survey. The data makes interesting reading for any pundit who has cast doubt on the future of Buy-To-Let in the UK, but it does show that landlords are prepared to shop around in order to keep […]
Read MoreIt seems that with the ongoing economic turmoil gripping the majority of the western world, everyone is still tightening their belts in order to save precious pennies, including UK landlords. Landlords feeling the financial pinch have tried to cut as many of their costs and overheads as they can, in order to remain in profit […]
Read MoreUK landlords could soon be forced out of the Local Housing Allowance (LHA) market by the Government cap on housing benefit payments. 77% of UK landlords who currently accept tenants claiming benefits are already planning to, or are actively taking steps to reduce their involvement with DSS/LHA tenancies because they are physically unable to afford […]
Read MoreWith sales of UK residential property stuttering again, the UK Buy To Let market is the strongest it has ever been! A recent report highlighted that the Private Rented Sector (PRS) has risen by 1.4 Million additional rental properties since 2001. The PRS properties currently accounts for about 3.4 Million rental properties in the UK […]
Read MoreThe UK weather is set to turn and a cold harsh winter could be on the cards with weather forecasters predicting falling temperatures and heavy snowfalls likely for late November and December. It is vital for landlords and homeowners to ensure their rental properties and homes are properly weatherproofed and ready to take on the […]
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