Manchester has been ranked as the UK’s number one city for landlords to invest in, according to Aldermore’s 2020 buy-to-let city tracker. The tracker, which includes a total of 50 cities, ranks each location after analysing five key indicators impacting desirability for a buy-to-let investor. The indicators include the average rent, the best short-term returns … Read more
For many years the Government has indicated it would like to see the UK’s private rented sector ‘professionalised’. That meant more, large scale landlords funded by pension scheme money and companies with a long-term view providing consistent service to tenants, and fewer private landlords with just one or two properties in their ownership. The reduction … Read more
PROPERTY CLINIC: I’m using a letting agent to manage my buy-to-let for the first time, what should I expect? The terms and conditions are outlined in your contract with the letting agent Letting agents aim for a good level of communication with landlords and tenants By Myra Butterworth For MailOnline Published: 08:01 GMT, 9 November … Read more
Generation rent may be a phrase more associated with younger people, but new data shows a surge of older people now renting their home. The number of over 55s renting has more than doubled over the past decade as pension incomes wane and later life divorce becomes more common. There has been a 118 per … Read more
London landlords are feeling the full force of Covid-19 with many being forced to slash rents amid a glut of available properties. Rents in the capital fell for the seventh consecutive month in September, according to data from Hamptons International. Aneisha Beveridge, head of research at Hamptons International, said: ‘London was the only region in … Read more
Tenants join the ‘space race’: Rent costs have risen in the last year despite pandemic – but London bucks the trend as people hunt extra room Renters are moving out of cities to find space in the suburbs, research finds Three in five London renters who moved to a bigger home left the capital This … Read more
Becoming a buy-to-let landlord can mean reaping a decent return, but it will also add to your tax bill. If you can find a property in a decent location with good tenants then then you should be able to build up a good income from rent. But the taxman will want to know about any … Read more
Landlords and renters are facing a looming meltdown, experts warn, after the Government extended its ban on tenant evictions until 20 September. In a last minute U-turn over plans for repossession cases to be heard in the courts from 23 August, the Government last week also introduced a minimum six-month notice period for landlords seeking … Read more
As foreign travel is curbed and staycations become more popular many investors are eyeing holiday lets as a potentially lucrative safe haven for their cash. Fears of snap travel bans and quarantine rules have led to a boom in UK tourism as holidaymakers flock to Britain’s rural hotspots and beachfronts. This has led to a … Read more
Buy-to-let was one of Britain’s best-loved investments before crippling tax blows caused many landlords to lose interest. But now buy-to-let has been thrown a lifeline. Slashed stamp duty, better mortgage deals and new tax benefits all mean landlords are flocking back to the market. However, with unemployment predicted to soar to four million by the … Read more