Rental growth rises by a third from 1.8% in 2016 to 2.4% in 2017 London goes from having the slowest rate of rental growth in England to the fastest Proportion of homes bought by a landlord drops to 12.5%, a nine year low Number of homes on the rental market in 2017 was 4% lower … Read more
A record 65% of landlord purchases over the last 12 months were made by cash buyers 78% of investors in the North East paid in cash compared to just 42% in London In October rents grew by 0.5% year-on-year, driven by rises in the Midlands and Wales The rising number of landlords buying in … Read more
July’s countrywide lettings index shows that rental growth slowed across every region of the country. London recorded the first annual drop in rents for six years, falling by 0.5 % over the past 12 months. . Rents in London 0.5% lower than in July 2015 . Stock surge sees the number of homes available to … Read more
The latest Countrywide Lettings Index shows that in the three months after the introduction of the new stamp duty surcharge (Q2 2016), landlord purchases accounted for only 8% of all homes bought, the lowest proportion since 2010 and 5 percentage points lower than the same period last year.
General ‘wear and tear’ is a fact of life when you are letting out properties. Things can sometimes become a little blurry when it comes to knowing what should be covered by you as a landlord, and what are the tenant’s responsibilities.
What’s more, the right approach can also minimise issues, allowing you to enjoy your free time without worrying about your rental investment.
According to Countrywide’s Monthly Lettings Index for May, the average cost of renting a one-bedroom home in Great Britain accounts for 48% of the post-tax income of an average young full-time worker. This compares to 45% in 2007. Rents have increased 27% since 2007 outpacing a 16% growth in incomes.
A round up of some of this month’s top properties. There’s something for everyone on this feature, a dream home by the sea, family and first time buyer homes as well as great investment opportunities.
April sees the launch of two additional deposit scheme options for landlords. This launch will allow landlords a choice of three schemes in total including two custodial schemes instead of just one as was previously the case.
Changes implemented under the Energy Efficiency (England & Wales) Regulations 2015, mean that domestic landlords need to be prepared for the new Minimum Energy Efficiency Standards (MEES). These changes come into force on the 1st April 2016.