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Landlords take keen interest in HMOs

Landlords take keen interest in HMOs

Landlords have a larger appetite for HMOs in a bid to boost their rental income by targeting young professionals and students, according to a report. Multi-Let UK says it has seen a 150% rise over the past year in investors looking to purchase HMOs and multi-lets. A sister company has also seen a 300% year-on-year […]

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Evictions in England and Wales rises

Evictions in England and Wales rise by 5%

The number of tenants evicted from rented homes in England and Wales in the first quarter of 2016 has risen by 5%, according to new figures. However, the Ministry of Justice (MoJ) says that repossession rates for those who own their homes has now fallen to a record low. The figures reveal that there were […]

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Top Renting Group Revealed To Be Families

Top renting group revealed to be families

The UK’s most common household type for renting in the private sector has been revealed to be families for the first time. The findings come from the National Landlords’ Association which shows that increasing numbers of landlords are now letting homes to families with children. They now make up 48% of the sector. Families are […]

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Buy To Let Landlords - UK’s Landlords Set To Leave PRS

UK’s landlords set to leave PRS

Buy to let landlords around the UK are set to sell up over the coming years because of tax changes to the sector which makes owning a rental property unprofitable, according to new research. The survey by estate agency Maskells found that thousands of landlords will find it more difficult to turn a profit from […]

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Top cause of stress for landlords revealed

Top cause of stress for landlords revealed

One of the main causes of stress and worry for the UK’s landlords has been revealed as the controversial ‘Right to Rent scheme’, says a new study. In a report from letting agents PropertyLetByUs, they say that the legislation causes stress for one in three buy to let landlords and for those who have properties […]

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Numbers Of Buy To Let Landlords Grows

Numbers of buy to let landlords grows

Despite changes to the tax relief regime and a stamp duty surcharge, buy to let landlords are still flocking to invest in the sector, according to new figures. Estate agents ludlowthompson points to record low interest rates and volatility on the stock markets as contributing to the growing numbers of landlords. The firm used HM […]

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UK's private rental sector set to expand

UK’s private rental sector set to expand

The UK’s private rental sector will continue to grow because there is a shortage of affordable property leaving many people with little option but to live in rental accommodation, according to a report. The findings come from research carried out by insurance specialists Cover4LetProperty which found that 28% of adults in the UK are living […]

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Buy To Let Properties - A tenancy will last an average of 18 months

A tenancy will last an average of 18 months

The average tenancy will, according to a new survey, last for an average of 18 months. Direct Line for Business says that tenants today are increasingly taking a short-term view when it comes to renting property. Their findings appear to contradict previous research which pointed to tenancies becoming longer. However, Direct Line says that tenants […]

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Landlords Face Buy To Let Mortgage Restrictions

Landlords face buy to let mortgage restrictions

Landlords are expected to face buy to let mortgage restrictions after one lender changed its criteria to demand that rental income was increased before a loan is agreed. The Mortgage Works said it is increasing the amount of rental cover required – which is how much a landlord needs to receive in rent in relation […]

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Call To Address Problem of Rogue Tenants

Call to address ‘ problem of rogue tenants ’

The growing problem of rogue tenants needs addressing and the Housing and Planning Bill should be amended to address them, according to one organisation. The Association of Independent Inventory Clerks (AIIC) says the legislation is aimed at tackling rogue letting agents and landlords but there should be measures aimed at tackling rogue tenants too. The […]

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