Landlord press review

Like every month, Rentila offers you an overview of the main real estate news of interest to landlords. This month, we focus on investment returns, interest rates and UK housing market. Happy reading and… renting!

The market

What is the forecast for the rental market in 2020?

As the number of people renting in the UK continues to grow at a rapid speed, private landlords increasingly find themselves at the heart of the country’s housing market and subject to closer scrutiny and regulatory changes by the government.
Continue reading


U.K. House Prices Rise 0.4% With Signs of Strengthening Economy

U.K. house prices rose last month as the market continued to show signs of benefiting from some reduction in political uncertainty since the election in December.
Continue reading


The UK market for short-term lets has exploded recently

According to the report, one in ten landlords are likely to consider a switch to short-term lets. The numbers are even higher for those with more than five properties in their portfolio.
Continue reading


Mortgage

Interest rates: what does the Bank of England’s decision mean for borrowers?

The Bank of England announced the day before Brexit that it would keep the base interest rate at its current level of 0.75 pe cent, quashing the rumours of yet another interest rate cut. If you are about to take out a mortgage, what does the decision mean for you?
Continue reading


Is it best to overpay a mortgage or invest the money?

With interest rates at the level they are today, it might make sense to invest the money rather than overpay the mortgage. Regardless of whether the Bank of England’s main rate is raised, held or lowered, the returns from the market will be greater than any Cash ISA, especially when dividends are added into the mix.
Continue reading


Nationwide to Start Offering Green Mortgages

Nationwide Building Society has created a £1bn fund to help borrowers get a mortgage for energy-efficient homes.The fund will allow Nationwide to offer ‘preferential’ mortgage rates to customers buying a new-build property that has an A-rated Energy Performance Certificate (EPC).
Continue reading


Two-year fixed rates grow in popularity among buy-to-let landlords

The percentage of landlords opting for two-year fixed rate buy-to-let mortgages in the final quarter of 2019 was 26% – a 12-month high – and up from 8% the previous year.
Continue reading


Rent

Asking rents rise twice as fast in London than rest of UK

London asking rents hit a record average of £2,119 per calendar month as the ongoing shortage of property for tenants continues to increase rents. According to Rightmove’s latest Rental Trends Tracker, rents in the capital are up by 4.2% in the past year and 45% over the past decade.
Continue reading


What is a fixed term tenancy?

While there is no tenancy that is better than another, there are certain kinds that are more suitable for tenants and landlords, depending on what they may need. Simply put, fixed-term tenancy refers to a contract that legally binds you to a lease for a specified period of time. This obligation applies to both the tenant as well as the landlord.
Continue reading


Rise of mid-life renters as many 30 and 40-somethings have a landlord

About three in 10 (27.6%) people aged 35 to 44 in England were renting from a private landlord in 2017, compared with fewer than one in 10 (8.5%) in 1997.
Continue reading


Advice

Better Returns For Your Investment

Most landlords want to make a living, not a fortune and perhaps looking at other investment opportunities will give them better returns for a steadier income and show the Government that if they are not supported, they will go. What will happen then to the millions that rely on the private rental sector?
Continue reading


The optimal business structure for UK landlords

It is probably fair to say that most landlords do a fair amount of research when buying properties to consider the potential for capital appreciation and cashflow. They also research the mortgage market for the best mortgage deals if they intend to finance their properties and many also consider letting and management.
Continue reading


What You Need to Know about Buying a Home in UK

Now you have decided to buy a home. It is the right decision because having your home has its own charm. It will be recognised by your name and thus, creating a proud moment for you. For most of the time, purchasing a new home has been a dream comes true, but it will take time.
Continue reading

Comments are closed.

Discover our online property management software and join our large landlord community. A simple, yet powerful tool used by thousands of landlords!

GET YOUR ACCOUNT    FREE