Confusion over rental market prices and demand
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Homelet’s recently released rental index shows UK rental prices have fallen in May for the first time since 2009 by 0.3% with the average rent now at £901. This may not be statistically significant over a one month period, but the biggest regional fall was in London of 3% compared to May last year. Martin… Read more
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What to do with my Buy to Let property now I’m married
I’ve just got married and I’m wondering if this changes how I should manage my buy to let property. I own a buy to let property with a mortgage (both solely in my name). The property is worth approximately £350k and the mortgage is £262,500 and 75% LTV – the monthly mortgage payment is about… Read more
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The RLA’s Manifesto: Warmer, healthier homes
In just under a year a new legal requirement will be in force for new tenancies in the private rented sector to have an energy performance rating of ‘E’ or above on an Energy Performance Certificate (EPC). If the property doesn’t meet this standard then it will be illegal to let it for any new […]
The post The RLA’s Manifesto: Warmer, healthier homes appeared first on RLA Campaigns and News Centre.
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John Healey: Labour offers a New Deal on Housing
After seven years, it’s clear Tory Ministers have no plan to fix the country’s housing crisis. Theresa May only offers another five years of the same, with her manifesto confirming that on housing it’s ‘carry on Conservatives’. There are no new plans or new investment and there is no serious attempt to fix what Ministers […]
The post John Healey: Labour offers a New Deal on Housing appeared first on RLA Campaigns and News Centre.
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Legionella and Landlords
Legionella Testing: Since the introduction of new regulations which include smaller water supplies regarding Legionella risks, landlords and agents have either reacted with alarm or they are totally in the dark about them. So much so that the authorities including the Health & Safety Executive (HSE) and the Chartered Institute of Plumbing and Heating Engineering […]
… LandlordZONE.
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Rent controls part of Labour’s New Deal on Housing
Rent caps form part of Labour’s new housing plan, announced today. Labour leader Jeremy Corbyn and Shadow Secretary of State for Housing John Healey say Labour’s New Deal on Housing can fix the housing crisis and have promised to prioritise those let down most by failings in the housing market. For the PRS the plans […]
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5 Top Tips to managing asbestos
Asbestos was a common building material between the 1960s and 1980s before being banned in the UK in the year 1999. Asbestos is not harmful unless it is disturbed and is still common in many homes. However, landlord could be prosecuted if tenants, workmen or visitors are exposed to, or put at risk of being […]
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Transfer of beneficial ownership from spouse – No mortgage?
My wife is a basic rate tax payer and solely owns one property (with no mortgage) which she rents out. I also solely own one property (again with no mortgage) which I rent out. Annual rentals are around £6,000 per property. I currently have no other income apart from the rent of £6,000 from my… Read more
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Skeptical over Lease Option agreements
Can any member comment upon their experience using ‘Lease Option Agreements’ to build a property portfolio? A friend of mine has just returned from a 3 days intensive training course run in Wolverhampton, and is full of enthusiasm based upon what he learned. I’m just a wee bit skeptical over the ease in which this… Read more
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Challenging but rewarding times ahead for buy-to-let
A new report from Shawbrook Bank indicates that the buy-to-let market will cool somewhat from its heyday, its “hot” growth phase over the last few years, but it is likely to be the more experienced or serious landlords who stick it out and make money. London and the South East of England will continue to […]
… LandlordZONE.
View Full Article: Challenging but rewarding times ahead for buy-to-let
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