So, you are starting out on building your buy-to-let empire. You have a property ready for tenants to rent, but should you manage the property yourself or leave it in the trusted hands of a professional? Well, just like most things there in life, there are pros and cons to that decision. If you are undecided, take a moment to read our short guide.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: UK house prices rise at fastest rate in 17 years; Mortgage stress rate just one of three barriers; With UK rents and demand rising ‘it appears to be a good time to be an investor’; UK rent hikes bigger concern than energy bills; UK’s top property hotspots revealed… Happy reading and… renting!
Some lucky people (like the Queen) own property outright—and lots of it! But many buy-to-let investors start with little more than a mortgage on their first BTL property. So if you want to explore the best way to start a portfolio and get a mortgage, read on!
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: UK home to fourth largest rental market trailing US, Germany and Japan; UK property market goes down the rabbit hole; How Bank of England’s new rules will impact UK mortgages; Tenants outside London saw the sharpest rent hikes for at least six years; Covid pushes up average age of first-time buyers… Happy reading and… renting!
If you are looking to build a buy-to-let portfolio, then off-plan purchasing is one way to do just that while potentially maximising your investment. If you haven’t heard about off-plan purchasing before, take a few minutes to read this guide. We give you the lowdown on what off-plan purchasing is, as well as the possible pitfalls and benefits. So let’s dig in.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: Rental market has felt COVID impact; How will the cost of living squeeze affect house prices in the UK?; Be prepared for a busy mortgage market, advisers warned; UK landlords raise rents for new tenants by record 9.9%; Most and least affordable places for first-time home buyers revealed… Happy reading and… renting!
In this guide, we look at whether a buy-to-let property is a worthwhile investment. In terms of saving with a bank, one of the best deals you can get is around 2% in a long-term fixed account with no access to your cash. Meanwhile, by April, the inflation rate will probably hit 6%, which means you are losing money hand over fist. So if you are looking to build up a nest egg, then maybe you should consider investing in property.
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: UK property market’s never ending boom; House price growth at 15-year high but London misses out; Homeowners would consider ‘green’ mortgages amid new energy bill warning; UK average rent stabilises with small increase; What can you do if your home is at risk of subsidence?; No more tax breaks for second home owners with false holiday lets… Happy reading and… renting!
Like every month, Rentila offers you an overview of the main real estate news of interest to landlords and tenants. This month, we focus on: Coronavirus has had less of an impact on UK property than you might think; UK house prices up 10.2% in year to October; Softer mortgage rules will not help London homebuyers; Essex town named one of UK’s most in-demand rural locations; Chelsea’s Tite Street named most expensive in UK… Happy reading and… renting!
You might have read some blogs, and you are itching to go as a landlord. As you’ll know by now, you need to be careful with your investment, know the law, have a network of tradesmen, find and build a rapport with trustworthy tenants and document your financial activities correctly. It’s no easy task.
If you are considering the pros and cons of buying your first buy to let property, here are 7 of our top tips for doing just that:
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