Tagged: buy-to-let

Many renters have never met their landlord

Many renters have never met their landlord

Research from Ocean Finance reveals that 30% of private tenants deal only with their letting agent. This figure is most pronounced in London and in the North East (36% and 38% respectively.) Respondents to...




Sharp rise in Scottish rent prices

Sharp rise in Scottish rent prices

New findings released from the July 2014 HomeLet Rental Index show a 10% increase in the Scottish private rental market since June. This compares to an average rise of 4.4% across all UK regions....




First Time Buyers struggle to save for a deposit

First Time Buyers struggle to save for a deposit

The latest Monday Statistics report shows that despite the improved economic outlook, many young people are still struggling to buy their first home. With an average deposit for a first time buyer at £27,719,...




Growth in UK private rental sector growth

Growth in UK private rental sector growth

Excluding London, UK monthly rents have increased by 4% annually with six tenants chasing available property, according to the latest rental index. This equates to an average rent of £689. In London meanwhile the...




Landlords fail to research prior to investing

Landlords fail to research prior to investing

Research conduced by Platinum Property Partners shows that many buy-to-let investors carry out no or little research before making property purchases. Such news is surprising given that the value of the average property portfolio...




“Revenge Eviction” term misused by media

“Revenge Eviction” term misused by media

Landlord Action has clarified what is meant by the term “revenge eviction” as media reports often equate its use to the issuing of a Section 21 notice. Revenge eviction is a term coined to...




London rents more than double the rest of the UK

London rents more than double the rest of the UK

The HomeLet Rental Index shows that monthly rents in Greater London now average £1,412, compared with £694 for the rest of the UK (excluding London). With the average tenant’s gross income being just 2.23...




Students dominating tenancy starts in central London

Students dominating tenancy starts in central London

Research from London Central Portfolio shows that students made up a staggering 41% of tenancy starts in the last 12 months. Students are outbidding the corporate sector for properties, paying an average of £600...




London provides lowest rental yields

London provides lowest rental yields

Research from BM Solutions has revealed that London is providing landlords with the lowest rental yield out of all the regions in the UK. Analysts from the company advise that whilst regions from outside...




Interest rate rises could cause havoc in private rented sector

Interest rate rises could cause havoc in private rented sector

The loan-to-income cap introduced last month by the Bank of England governor Mark Carney did not apply to but-to-let mortgages. Given these are the fastest growing type of mortgages, and have undoubtedly been the...