What does the future hold for Buy to Let, click on the link below to hear an interview with John Heron Managing director of Paragon Mortgages and Charles Morley Head of Sales and Product Developement at Kensington.
http://mediazone.brighttalk.com/comm/landg/4f3a617317-27298-3496-29937
Confidence in the buy-to-let market continues to grow with almost a quarter of landlords feeling more optimistic about the prospects for their property portfolios.
A positive outlook for rental income and yields has also been reported in the latest Private Rented Sector Trends report from Paragon.
The report, which covers the second quarter of 2011, showed almost [...]
Boiler Flues in Ceiling Spaces
Important advice for consumers who have flues which run in ceiling spaces
Some properties, mainly flats and apartments, have been built with boiler flues which cannot be inspected because they are hidden behind walls or ceilings. The boiler flues that this information relates to are connected to room-sealed fan assisted boilers. If you [...]
Existing buy to let landlords are the biggest winners from the current mortgage famine enjoying rental yields above 6 per cent, with rents rising by up to 10 per cent.
Momentum for further rises continues as demand for high quality rental accommodation continues to grow. Would be first time buyers are beginning to accept the realisation that [...]
Stagnant house prices and increasing demand from tenants could provide a good opportunity for landlords.
With many potential first-time buyers unable to get on the housing ladder, demand for rented properties is high.
So would-be landlords with plenty of capital have the chance to snap up a bargain.
Potential landlords need to understand the risks.
The last housing boom [...]
The number of buy-to-let mortgages taken out in the second quarter of 2010 was 24,900. This is a 13% increase when compared first quarter of 2010, and a 15% increase when compared to Q2 2009.
According to the Council of Mortgage Lenders (CML), at the end of June, there were 1.26 million buy-to-let mortgages outstanding which [...]
Existing buy to let landlords are the biggest winners from the current mortgage famine enjoying rental yields above 6 per cent, with rents rising by up to 10 per cent.
Momentum for further rises continues as demand for high quality rental accommodation continues to grow. Would be first time buyers are beginning to accept the realisation that [...]
Harassment and unlawful eviction
Hunt v Hussain
Mr and Mrs Hussain were husband and wife. Mr Hussain was a freehold owner of premises and in May 2003, Mrs Hussain granted an assured shorthold tenancy to Mr Hunt a weekly rent of £90. Shortly after the tenancy commenced, Mr Hunt lost his job and applied for housing benefit. [...]
The independent market analyst Datamonitor has published a new report, ‘Buy-to-let Mortgages and the Rental Sector’ which forecasts that while gross advances will remain flat in 2010, they are set to rise dramatically by 2014.
The key findings are:
· Investor confidence will be bolstered by the stabilisation of house prices
· Demand for rental property amongst tenants [...]
Figures realeased today by the Nationwide suggest that a lack of supply in the market place have led to house price increases of 12.2% since February 2009. The full article is available at www.nationwide.co.uk/hpi.
