Tagged: arrears

Landlords forced into balancing act between lenders and tenants

Landlords forced into balancing act between lenders and tenants

Landlords are absorbing losses from rental arrears in order to keep up buy-to-let mortgage payments, government statistics have indicated.




Top tips for letting to benefits tenants

Top tips for letting to benefits tenants

Following speculation that buy-to-let landlords could shun tenants on benefits after the introduction of the universal credit scheme George Spencer, chief executive officer of online lettings service Rentify, offers advice to landlords.




Rent increase slowed in 2013

Rent increase slowed in 2013

Annual rent rises have halved over the course of 2013, the latest Buy-to-Let Index from LSL has revealed. Average rents across England and Wales have risen 1.5% in the past year, to stand at...




Landlords looking for more buy to let borrowing

Landlords looking for more buy to let borrowing

boom in buy to let mortgages is encouraging more landlords to think about extending their property portfolios. The Council of Mortgage Lenders, the trade body for buy to let lenders, says an extra £6.25...




Huge rise in rent arrears in UK because of rising rent prices, says charity

Huge rise in rent arrears in UK because of rising rent prices, says charity

There has been a 150% increase in rent arrears in the UK since 2007 and a 13% increase in the last 12 months alone, according to data from the national debt advice charity the...




How the tuition fee hike impacted the student buy-to-let market – Paragon

How the tuition fee hike impacted the student buy-to-let market – Paragon

The beginning of autumn brings with it the migration of 2.5m students to higher education institutions across the UK. As the new academic year starts to unfold, landlords might find it worthwhile to do...




Rental yields remain strong

Rental yields remain strong

Rental yields have remained strong in Q3 with the average yield of a rental property standing at 6.1%, the Countrywide Quarterly Lettings Index has revealed. One and two bedroom properties are achieving the best...




Severe rental arrears at lowest level since 2011

Severe rental arrears at lowest level since 2011

Around one in five families in England rent from a private landlord. The number of tenants in severe rental arrears has fallen sharply to the lowest level in two years, according to the latest...




Government Review Recommends Longer Private Tenancies

Government Review Recommends Longer Private Tenancies

Select Committee Inquiry into the UK Private Rented Housing Sector July 2013 The (DCLG) Communities and Local Government Committee last year (2012) decided to conduct an inquiry into the private rented housing sector. The Committee...




Buy-to-let landlords shun benefits tenants

Buy-to-let landlords shun benefits tenants

The proportion of landlords renting to tenants on benefits has dropped from 34pc to 27pc as welfare reforms began to kick in. The number of landlords renting to tenants on benefits has dropped sharply,...