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Landlords: Should you accept pets? A Guide.

According to 2016’s Pet Population Report, 40% of UK households own a pet of some description. However, on many leading property websites’ such as Zoopla show that less than 3% of Rental’s (taken from results in London) will openly accept pets. This comes as no surprise as for many years now it has been notoriously…

More people Can ‘invest in the buy-to-let market’ due to rate cuts.

Due to many of the recent changes to buy-to-let mortgages such as the interest relief and the stamp duty charges, many buy-to-let lenders are looking to improve their lending criteria to make it easier for buy-to-let landlords to acquire property. One of these lenders includes New Street Mortgages; last week this lender announced rate reductions…

Renting is financially more worthwhile than first thought.

New research carried out by the financial researcher at The University of Stirling, Dr Isaac Tabner, claims that the financial benefit of renting rather than owning a property may have been majorly underrated. He goes on to mention that the cost of renting includes many additional expenses incurred by home owners, such as building insurance…

Strong Yield Levels and Rents are Increasing!!

According to Adrian Gill, the director of Your Move, the private rental market is still holding strong, and proving resilient to the ongoing pressures in the British economy. Following the release of the latest Your Move index. Gill has stated that ‘Landlords are continuing to see strong yield levels and increasing rents, even if growth…

Rent rises set to triple in 2017!

The pace at which rents are rising is set to triple next year. In the latest market survey by the Association of Residential Letting Agents, four out of five agents say that following the Autumn statement (whereby Chancellor Phillip Hammond said he was to ban agents’ fees levied on tenants) they expect rents to increase…

Right to Rent Criminal Sanctions.

New parts of the Immigration Act 2016, which aim to consolidate the right to rent regulations have come into effect on the 1st December. The new measures follow the introduction of civil penalties created under immigration act 2014 and aim to: make it easier for private landlords to evict illegal migrant tenants. It also creates…

Many to increase their Property Portfolios

Research completed by the Bank of Ireland shows that over the next few years a significant number of buy-to-let landlords are planning to increase their property portfolios. The bank’s UK buy-to-let market index stated that nearly 46% of landlords that already own two or more homes are expected to increase their portfolio. This is compared…

Homelessness Reduction Bill Posted

Recently a new Private Members Bill has been introduced aiming to reduce Homelessness. The aim of the bill is to reform the homelessness duties placed on local authorities to ensure that ‘Priority need’ households receive better help quicker. It will achieve this by making several amendments to the Housing Act 1996. This new Bill is…

Post Brexit – A Good Time To Invest?

So Brexit… bored of it yet? It seems we are in exactly the same position as we were before but the economy is in a downward spiral and the pound is hitting record lows against everything from the Euro through to the Somalian Shilling! So why look at property at a time when everything could go…

Landlords, The Housing Market and The Economy

Citizens Advice have recently come out saying tenants should not have to pay any fees. I see why this is a popular bandwagon to jump on: Generation Rent are the poor victims paying off wealthy landlords’ mortgages then having to pay for the privilege of taking the property… fair enough. But what about the landlord in…