Cart
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
Category Archives: News
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
Over Half of Landlords Live Within 10 Miles of Their Rental Properties
According to research from Countrywide Residential Lettings, around 56% of buy-to-let landlords live within a 10 mile radius of their rental properties. In the North East and North West, this figure reaches to around two thirds of landlords living within 10 miles of their rental properties. Letting agents are often asked where the best area… Continue Reading
Private Tenants Happier than Social Tenants
According to statistics from the English Housing Survey, tenants in the private rented sector (PRS) are more satisfied with their home than their counterparts in social housing. 83% of people in the PRS stated that they are happy with their accommodation, compared to 81% of social tenants. It was also revealed that during the period… Continue Reading
Target your Rental Market
If you have a vacant property you will want to find new tenants quickly. In order to do this, you need to make sure your property is perfect for any potential tenant. First things first is to work out exactly who your potential tenants are. That doesn’t necessarily mean the person you’d like in an… Continue Reading
Find us on Trustpilot!
Following feedback from both landlords and tenants, we have now joined the independent review site, Trustpilot. It’s easy to leave feedback. Just visit trustpilot.co.uk, type in our name, and leave us a review! Continue Reading
What’s all the fuss about Online Letting Agents?
Online Letting Agents are the hands-on cost-effective option for landlords. Any landlord who has had a bad experience with a high street agent has probably thought to themselves… “I could do this better myself”. But the question is, how do you find your tenants? An ad in the property window or in a local shop?… Continue Reading
Demand Outstrips Supply Yet Again!
2013 was another great year for Buy to Let investors, with the demand for rental properties outstripping supply and rents increasing. The average rent paid by tenants in Britain increased by 2% in 2013 to £854 a month, according to property firm Countrywide. Tenants have been squeezed by rising prices, with many unable to access mortgages or… Continue Reading
2014: A Good Year For Buy To Let
According to letting agent Belvoir Letting, demand for buy to let homes will continue to drive the rental market in the coming year as accidental landlords sell up. Belvoir Letting claims accidental landlords will take the chance to sell their homes as prices rise and mortgage restrictions ease with the help of government backing. This… Continue Reading