Do I Need to Complete a Tenant Background Check?
Do I Need to Complete a Tenant Background Check? Having a reliable, trustworthy tenant is crucial for landlords. The process of renting out a property comes with some risks; this is why it’s crucial to mitigate these risks by conducting a thorough background check on potential tenants. The referencing process is important and ensures that […]
What Do Letting Agents Check When Referencing?
What Do Letting Agents Check When Referencing? When wanting to rent a home, it’s unfortunately not as simple as just getting the keys to the home and then living there until you want to move. There is a series of checks that need to be taken for your and the landlord/letting agents’ benefit. This is […]
RICS Warns That Rents Are to Go Still Higher as Demand Soars
RICS Warns That Rents Are to Go Still Higher as Demand Soars The latest lettings market survey by the Royal Institution of Chartered Surveyors shows rental demand continuing to rise. A net balance of 43 per cent of survey participants saw an increase in tenant demand in the lettings market in September. Meanwhile, the feedback around landlord […]
More Big Rent Rises across the UK with London at All-Time High
More Big Rent Rises across the UK with London at All-Time High The latest lettings market index shows another big rise – with London at its highest-ever level. HomeLet says the average UK rent is now £1,213, a 1.2 per cent rise from last month’s average of £1,199 pcm. Excluding London, the average price of […]
Lettings Chief Insists Renters Reform Bill Is Not Anti-Landlord
Lettings Chief Insists Renters Reform Bill Is Not Anti-Landlord The controversial Renters Reform Bill is not the anti-landlord charter that some in the h system claim it to be. That’s the view of the head of lettings at the Cheffins agency, Sarah Bush.She says: “This Bill has been the elephant in the room for landlords […]
EPC Changes – Investors Admit They Need Help to Meet Targets
EPC Changes – Investors Admit They Need Help to Meet Targets A new survey of landlords has revealed a patchy record of awareness of new energy efficiency regulations for the rental sector. The survey, by Market Financial Solutions, is relatively small – just 459 landlords – but it shows that just 58 per cent of […]
Council To Spend £1m Gathering Information about HMOs
Council To Spend £1m Gathering Information about HMOs A council is to spend £1m “to gather information about the conditions of specific groups of privately rented properties and proactively engage with landlords.” Cornwall Council – which has recently been outspoken in its criticism of owners of empty homes and some holiday properties – has been […]
More Than Half of Landlords No Longer Positive About Buy-To-Let Investments
More Than Half of Landlords No Longer Positive About Buy-To-Let Investments Given the various challenges facing the private rented sector, less than half of landlords – 46% – are now feeling positive about the future prospects of their buy-to-let business and investments, the latest Landbay survey has revealed. Some 19% of landlords currently feel negatively […]
Cash Is King For Buy-To-Let Purchases
Cash Is King For Buy-To-Let Purchases High mortgage rates are leading to a surge in cash purchases of buy-to-let properties in Great Britain, according to data from Hamptons. The shift towards cash purchases is particularly pronounced in Southern areas of the country, where yields tend to be lower. So far this year, 61% of investor […]
Shawbrook Becomes Bigger Player In Buy-To-Let Mortgage Market
Shawbrook Becomes Bigger Player In Buy-To-Let Mortgage Market Shawbrook is becoming a bigger player in the buy to let lending market following the acquisition of specialist lender Bluestone Mortgages. Launched in 2014, BML is a well-established brand in the UK specialist residential mortgage market. Working with a large network of brokers, BML supports customers which […]