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According to new research, students are the most reliable tenants in the private rented sector (PRS). Statistics from Total Landlord Insurance show only 9.6 per cent of insurance claims come from student properties, which is the second lowest of any tenant group, according to Property Reporter. The average claim from a student property was £2,090.18… Continue Reading
Category Archives: News
Landlords Look to Buy Locally
The majority of landlords who are interested in expanding their property portfolio would plan to buy in their local area, according to new research by the National Landlords Association (NLA). Their survey found that three-quarters (75 per cent) of landlords said their next purchase would be close to their current home, or at least the area… Continue Reading
Tenant Demand to Grow by 1 Million
The UK Buy to Let boom looks set to continue according to top economists as they predict that tenant demand will increase by 1 Million more tenants who will be looking for homes in the UK’s private rental sector over the next 5 years. At the same time data published by the Lloyds Banking Group… Continue Reading
Annual BTL Returns Hit 10%!
Rental arrears are falling and landlords are getting an average of almost 10 per cent in annual yields, making the buy-to-let sector an attractive proposition according to The Online Letting Agents. There is little sign of the buy-to-let rush abating with 45 per cent more mortgages on offer now compared with a year ago. At… Continue Reading
Enter our Landlord Survey Now for a Chance to Win £150 Cash!
At The Online Letting Agents we’re keen to hear your thoughts about the current rental market and would like to offer you the chance to tell us what you think – it’ll only take a few minutes! As a thank you for your time, all completed surveys will be entered into a prize draw to… Continue Reading
Landlord’s Plan to Invest More in BTL
According to research from Paragon Mortgages, landlords plan to increase their investment by 5.6 per cent this year. 41 per cent of landlords have an increased level of optimism concerning their property portfolios. The figure rises to 43 per cent among large-scale landlords, but drops to 33 per cent for individuals who only own a… Continue Reading
Property Reporter Interview
Warren Lewis, from the Property Reporter, recently caught up with The Online Letting Agent’s very own Eleanor Carroll. Read the full interview here Continue Reading
Rent Arrears Falling
According to statistics from Templeton LPA, part of LSL, severe rent arrears have fallen by 35% in the last 12 months. In 2012, the number of tenants in serious arrears peaked at over 116,000, compared to just 68,000 now. The number of landlords in mortgage arrears is also at it’s lowest level since 2008, with… Continue Reading
Fewer Voids in Last Quarter of 2013
According to a study commissioned by Paragon Mortgages, void periods fell in the closing months of 2013. In the third quarter, around 36% of landlords experienced at least one void period, but this figure dropped to 34% in the last quarter. The length of void period was also reduced in the last quarter. The typical… Continue Reading
Student Lets – a Booming Market Place
Student property has been the highest-performing asset class in recent years, according to reports, but is this really an investment opportunity not to be missed, or should you tread carefully? At first glance, landlords do seem to be in the property market driving seat with the number of people renting almost doubling to 8.5 million… Continue Reading