The top 10 areas that provide landlords with the most profit in England have been revealed in a new survey. Towns in Hertfordshire and Essex dominate the list to give the best returns on property outside London. The survey has been published by property website Rightmove who say that the […]
Read full articleRent arrears hit a two-year high
The number of tenants in the UK’s rental properties with severe rent arrears has reached a two year high, according to a new report. In the Tenant Arrears Tracker, which is put together by Your Move and Reeds Rains, found that there are more than 74,000 tenants who owe more […]
Read full articleReforms will see landlords facing a tax bombshell
More than 60% of landlords with private rental properties face being pushed into higher rates of income tax because of Government reforms, according to research. The Residential Landlords’ Association (RLA) says this is no time for landlords to feel complacent after the Chancellor George Osborne announced in his budget that […]
Read full articleLetting agents say rent rises are falling
Letting agents from around the UK are reporting that the rate of rental increases is beginning to fall for the first time in 2015, according to research. The Association of Residential Letting Agents (ARLA) is also saying that following a surge in supply of rental property in July, accommodation has […]
Read full articleBenefit payment delays hit landlords
Delays in housing benefit payments from local authorities have affected more than half of landlords in the private rental sector, says the National Landlords’ Association (NLA). The NLA has published the results of its research which shows that nearly 3.3 million tenants were affected by late benefit payments last year […]
Read full articleLandlords plan for buy to let portfolio investment
Nearly one in five buy to let landlords in the UK are looking to add to their portfolio which will help fuel a boom in the property market, according to the Nottingham Building Society. The building society has published a report which also says that 4% of homeowners are planning […]
Read full articleLandlords warned that fake passport use is on the rise
Landlords and letting agents in the UK are being warned that potential tenants are increasingly using fake passports to gain tenancy of properties, according to Keysafe Tenant Vetting. The firm says that the number of incidents it is seeing with prospective tenants offering false documentation has soared. Keysafe’s managing director, […]
Read full articleLandlords over 50 “make no profit”
An investigation has revealed that for landlords aged over 50, around 10% of them do not make any profit whatsoever from their rental property investment. The findings come from Saga Landlord Insurance who say that many landlords have gained ‘substantial’ financial awards since entering the UK’s private rental sector though […]
Read full articleBTL landlords could be forced out of business
Worries that the tax crackdown on landlords announced in the recent Budget have been proven with a new survey which reveals that one in five landlords believe they will be put out of business within the next two years. The findings come from specialist landlord law firm, Access Legal, who […]
Read full articleNumber of buy to let products rockets
The growing popularity of buy to let in the UK has been underlined with news that there are now more than 1,000 financial products available for landlords, according to Moneyfacts. The website says this is the first time that more than 1,000 buy to let mortgages have been available since […]
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