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Pensioner buy to let landlords ponder selling-up

Despite offering a valuable retirement income, more than 40% of retiree landlords are considering off-loading their buy to let property, according to a survey. Responsible Equity Release also found that seven in 10 pensioner landlords said that without their rental income they would struggle to get by. More than 1,000 retired people who owned a […]

Landlords urged to be wary of creating a limited company

With the various changes to the tax regime for UK residential landlords, one lettings agency is urging landlords to be wary and calculate carefully before opting for incorporation. The appeal for creating a limited company to hold a landlord’s property portfolio has been growing in recent months as a means to avoid some of the […]

More landlords are winning deposit disputes

Landlords and letting agents are increasingly winning deposit disputes for the first time since their introduction in 2007, according to research. The Tenant Deposit Scheme (TDS) says that last year nearly 20% of deposit disputes raised by landlords saw a 100% pay-out to them whereas 20% of deposit disputes raised by tenants saw them receiving […]

Rents Will Be Pushed Up By Stamp Duty Charge

Tenants face paying more in rent because of stamp duty reforms on buy to let properties, says the Association of Residential Letting Agents (ARLA). In their latest report, the Association says that 57% of its members say rents for tenants will rise after the stamp duty hike comes into effect with landlords having to push […]

Serious rent arrears in decline

Landlords around the UK are seeing the number of tenants who are in serious rent arrears beginning to fall, according to a tenant arrears tracker. The data from estate agents Your Move and Reeds Rains reveals that in the fourth quarter of last year, around 1,500 tenants moved out of serious rent arrears compared to […]

Extent of Subletting Without Permission Revealed

The level of subletting by tenants in private rented property without the landlord’s permission has been revealed and it will come as a surprise for many. Research has revealed that one in six tenants have rented out all, or part, of their rented property to someone who was not named on the lease. Of those […]

Surge in landlords forming limited company to beat tax hike

A growing number of landlords in the UK are considering forming a limited company to run their business and offset tax costs, according to a survey. The National Landlords’ Association (NLA) says that more than 40% of landlords questioned are considering forming a limited company and just 1% of landlords had already done so. The […]

Buy to let mortgage approvals soar

The latest figures for buy to let mortgage approvals have revealed that numbers rocketed in January as buyers rushed to beat the upcoming stamp duty changes. In research from esurv, January saw 85,400 house purchase approvals – a rise of 20.6% on December’s figure. However, this is the highest number recorded since October 2007 when […]

Landlord confidence tumbles in the UK

Up to 500,000 buy to let properties could be sold as investors’ confidence tumbles and they leave the market this year. That’s the prediction from the National Landlords’ Association (NLA) who say that confidence among the UK’s landlords is at its lowest since the banking crisis. The NLA points out that the number of landlords […]

Landlords say buy to let sector will be damaged

Landlords around the UK say that the government’s continued assault on buy to let will end up causing serious damage to the market, according to one survey. Property management firm Orchard and Shipman says that 90% of the 500 landlords they questioned, said that the coming tax hikes will lead to higher rents for tenants. […]