RentPro Blog

Most people associate buy-to-let investment with the purchase of one to two-bedroom flats and trying to make single figure returns on the residential rental market. However savvy investors now associate UK property investment with the rapidly emerging student accommodation sector which is providing extremely healthy returns.

UK student accommodation has thrived over the past two years, rapidly outpacing the UK’s conventional property market. Its fast growth and investment strength has been so prolific that in January 2012 The Times ranked student accommodation as the top asset class in the UK’s property market.

Read the full story at PropertyWire

RentPro property management software takes the hassle out of managing student lets, allowing you to send text messages to them, keep details of guarantors as well as their home address.

Landlords are still purchasing more buy to let homes, according to research by a mortgage lender.

Property investors piled cash in to buy to let in the first three months of 2012, adding an average 1.8 homes to their portfolios, says Paragon Mortgages.

The average property portfolio numbers 10.8 homes with 1.3 tenants per property, according to the figures.

One in five landlords confirmed they expect to buy more property in the next year.

Their favourite property is a terraced house – the best option for 64% of landlords – followed by flats (57%) and semi-detached homes (46%).

Tenant profiles remain unchanged from the final quarter of 2011 – young singles make up most of the number of tenants (53%), followed by young couples (51%) and families with children (51%).

Read the full story at Property118

RentPro property management software is designed with to evolve with your business growth.

A new survey by Money Supermarket has found that 8 million people in the UK are currently priced out of the housing market, with most first time buyers accepting the reality that they will be long-term renters while saving up a sufficient deposit.

The survey found that 40% of potential UK home-buyers are prepared to rent for a considerable amount of time while saving up to buy. With research now indicating that 37 is the average age we will buy our first property, this could be quite some time.

Read the full story at IPINGlobal.com

RentPro property management software has no restrictions on the number of users, landlords or tenancies that you can create thus giving you the flexibility to grow your business.  RentPro also allows you to easily market any vacant properties on both your own website as well as any property portals that you use.

Buy-to-let investors should head north for the best rental returns, but avoid the midlands!

Property investors looking for the highest rental returns should head for the north, while avoiding London, the midlands and Scotland.
At least, that’s the conclusion drawn from a new survey of rental yields conducted by Paragon Group, a leading specialist provider of buy-to-let mortgages.

Read the full story at AOL Money

RentPro property management software gives you the flexibility to grow your business.

The residential lettings market continues to grow from strength to strength, with the news that stock levels are increasing year on year.

Research from Experian has revealed that there were 58,000 more properties available to rent in 2011 than in the same timeframe in 2010. The prospering letting industry is in contrast to the sales market, which experienced a drop of 12,000 available properties for sale in 2011, compared to the previous year.

Read the full story at LettingAgentToday

RentPro property management software gives you the flexibility and scalability to grow your business.

A rise in the number of tenants struggling to pay their rent as household finances become more stretched, has been reported by almost half of letting agents.

According to the Association of Letting Agents (ARLA), 41 per cent of its members reported an increase in the number of tenants facing difficulties meeting their rental payments to landlords in the six months to March 2012.

That is up from 39 per cent at the end of 2011 and 37 per cent last autumn.

And the rental struggle has led to a surge of tenants attempting to ‘knock down’ the price of their rent when negotiating with landlords – up from 45 per cent to 51 per cent over the past three months.

Read the full story at ThisIsMoney.co.uk

RentPro property management software allows you to easily manage rental arrears and should an agreed lower rate of rent be set this can also be reflected within RentPro.

Lettings agents across the UK are continuing to show their support for The Property Ombudsman scheme, with more than 300 offices joining this year to take the total past 9,000.

Gerry Fitzjohn, chief operating officer of TPO commented:

“The Government continues to ignore pleas for residential letting agents to be regulated in the same way as sales agents, which we believe would raise standards across the industry,”.

Read the full story at MyIntroducer.com

RentPro property management software allows you to keep track of all correspondence and documents in relation to any landlord, property, tenant or supplier.