Category Archives: Buy-to-Let

Low maintenance, big benefits

Low maintenance equals high value for both landlords and tenants alike and one of the best ways to ensure maintenance costs are kept to a minimum is to buy correctly at the very beginning of your investment journey.

“Buying a low maintenance property means that deterioration will be kept to a minimum and repairs are likely to be minor,” says owner of Belvoir Boston Donna Burrell. Continue reading

Concern for potential impact of buy-to-let regulation

Tenant referencing and eviction firm Landlord Assist, is concerned at plans to regulate part of the buy-to-let mortgage market at a time when there is a desperate need for more rental accommodation to satisfy growing demand.

As part of the Government’s plans to adhere to the European Mortgage Credit Directive certain types of landlord mortgages will face tougher regulation from 2016. Continue reading

Rents now more than a third of average monthly salary

A UK monthly rent now accounts for 33% of the average salary as monthly rents, excluding London, rose 4% annually to £689 according to a recent report from estate agent Sequence.

Across the UK six tenants are chasing every available property, the highest number since 2011. UK tenant applications rose 15% annually while the supply of rental homes drops 17%. Continue reading

Buy–to-let restrictions will harm the supply of rentals

Imposing lending restrictions on the buy to let mortgage market could have damaging consequences for landlords and the supply of rental properties, warns Landlord Assist.

The tenant eviction and rent recovery firm is warning landlords that changes to the mortgage lenders conditions could make it more difficult to find a buy to let loan or to remortgage an existing deal. Continue reading

Property is the pension for Generation Landlord

Figures from the latest Rent Check report, Generation Landlord, produced by Allsop LLP and BDRC Continental, reveal that 78 per cent of existing landlords consider their investment property as their pension pot.

The survey, which measured the actual rents agreed by 2,203 landlords who are members of the National Landlord Association (NLA), has highlighted the private rented sector as a viable long term investment, thanks to the combination of stable rents, increased income security, capital gains and long average tenancies (2.6 years). Continue reading