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There is a misconception that most BTL landlords are wealthy 23 August 2018

There are around 2.4 million landlords in the UK, but what are the characteristics of the average buy-to-let investor? Two thirds of landlords have what many would class as ‘normal’ jobs, and rent out property to supplement their main income, according to new research.... Read More

Housebuilders looking to profit from Generation Rent 23 August 2018

Property developers are looking to profit from the growing number of private renters by investing further in purpose-built rental accommodation. The Build to Rent model has given housebuilders a new way to make money from Generation Rent, which largely explains why the sector is forecast to become a key growth area in the housebuilding market.... Read More

Tourist surge boosts demand for holiday lets in the UK 23 August 2018

The UK’s tourism sector is going from strength to strength with growing visits by foreigners in the country, and the increasing revenues bring good news not just for the economy, but also for property investors with holiday lets. Last year, 39.... Read More

Average age of buy-to-let investors drops 10 years 23 August 2018

The average age of new landlords acquiring property to let has dropped by 10 years since 2004, according to yieldit. Having analysed the demographics of its buyers over the last four years, the online estate agent found that the total average age of purchasers had fallen from 52.... Read More

Leeds refreshes two-year buy-to-let tracker range 23 August 2018

Leeds Building Society has refreshed its range of two-year buy-to-let tracker products. The lender’s new tracker rates now start at 1.29% up to 60% loan-to-value (LTV) and 1.46% up to 70% LTV. There is also a two-year buy-to-let tracker available at 1.... Read More

Why would landlords want rent in arrears when they can get paid up front? 22 August 2018

Thousands of private landlords across the country understandably reject housing benefit claimants despite accusations that they are discriminating against those on lower incomes. The National Housing Federation (NHF) has joined forces with Shelter to launch a new campaign to end what it sees as the discriminatory practice of ‘no DSS’ in the private rented sector.... Read More

How Brexit could impact the buy-to-let market 22 August 2018

On 29 March 2019, the UK is scheduled to leave the European Union (EU). Despite the profound significance of this event, little is known about how Brexit will be managed, and the prospect of a ‘no deal’ is being touted as an increasingly likely outcome.... Read More

House prices on the up since Brexit, research reveals 22 August 2018

UK house prices have risen by 7.3% since the Brexit vote, according to the latest Land Registry house price data. Now, in its latest piece of research, hybrid agency Emoov.co.uk has crunched the numbers to see which areas have been the biggest house price winners and losers since the referendum more than two years ago.... Read More

Top 10 postcodes for sellers and buyers in England and Wales revealed 22 August 2018

Dorset’s postcode district BH17 has been crowned the best location to sell a home this month, with a market heat temperature reading of 74 degrees, according to PropCast. In its latest ‘England & Wales Top 10 Property Hotspot Report’, the new house selling weather forecast listed B25 (72°), B67 (70°) and B42 (69°) in Birmingham as the next hottest postcode districts.... Read More

Buy-to-let market set to stabilise by 2021 22 August 2018

There will be a continued dampening of the buy-to-let sector over the next three years, before the market stabilises in 2021 and returns to growth in the following two years. That’s according to a new analysis of the market produced by Shawbrook Bank.... Read More

Greater demand for two-year fixed rate deals 22 August 2018

Demand for two-year fixed deals rose in the second quarter of the year ahead of the highly-anticipated rise in interest rates this month. According to Commercial Trust Limited, there was a 4.73% hike in the proportion of two-year fixed buy-to-let purchase applications in Q2 of 2018, compared with the previous quarter.... Read More

Landlord fined £5k for safety failings 22 August 2018

A landlord has been ordered to pay just over £5,000 after admitting safety failings at a fire-hit house in Letchworth, Hertfordshire. Lawrence Connors, of Hitchin Road in Arlesey, accepted that he had failed to comply with fire safety regulations when he appeared before Stevenage Magistrates.... Read More