Letting Agent Talk
New Landlords – where to find them and how to get them
How independent letting agents can attract and convert new landlords by using creative and innovative marketing tactics. Landlords are elusive creatures. Hard to find, difficult to market to, and almost impossible to poach. Most traditional methods of marketing just don’t work on landlords. With a vendor, at least you know where they live. Trying to…
Sam Ashdown
Make 2017 the year you actually increase letting fee income
It’s about now when property experts start looking into their crystal ball to predict what might happen in the coming year. While speculation makes for entertaining reading, it’s planning – not star gazing – that should form the last few weeks of 2016 and into 2017. It’s possible that the proposed ban on letting agent…
ARPM
Free podcast to understand landlord obligations as _Right to Rent_ becomes criminal offence
From today, 1st December 2016, under The Immigration Act 2016, there is a new maximum criminal sentence of 5 years_ imprisonment for landlords or agents who fail to carry out _Right to Rent_ checks or remove illegal migrants from their property. With concerns that more than half of landlords don_t understand their obligations, Hamilton Fraser…
EAN Content
Autumn Statement – Landlord Action & Accommodation for Students comment:
Paul Shamplina, Founder, Landlord Action _Although there had been some whisperings, confirmation of this announcement will be a big shock to the industry. It is realistic to assume that the ban on letting agent fees to tenants, which will leave a black hole in agents_ profits, will need to be partly recuperated through letting and…
EAN Content
How to finish the year on a sales and lettings high
With less than eight weeks of business realistically left before the Christmas holidays there’s still time to finish the year with a sales and lettings flourish. I guess at this point you’re asking ‘how?’ Good question. Well right now is that crazy time of the year when house builders, chasing their year-end sales targets are…
Kevin Ellis
11 Ways to get more Landlords
How letting agents can attract and convert new landlords by using creative and innovative marketing tactics. Landlords are elusive creatures. Hard to find, difficult to market to, and almost impossible to poach. Most traditional methods of marketing just don’t work on landlords. With a vendor, at least you know where they live. Trying to reach…
Sam Ashdown
Is it still safe to invest in buy-to-let property?
Buy-to-let property is still a popular investment and the rush to purchase property before the new stamp duty changes in April proved just this. Investing in buy-to-let property has offered great returns for investors but the new measures brought in April could signal the end of the buy-to-let boom. It has been tough for landlords…
Mark Burns
Does Leeds offer better buy-to-let opportunities than London?
Leeds can offer buy-to-let investors a lot for their money; in fact, the city can offer a lot more than other areas of the UK. Some landlords see it as a priority to obtain the best capital returns where as some prefer the regular income of a rental property, whilst some want both. Many landlords…
Mark Burns
REVEALED: THE COST OF BAD EVICTION ADVICE
The average cost to a landlord of their tenant being advised to ignore an eviction notice stands at nearly £7,000, according to a recent survey of landlords.* Private tenants are often advised by local councils and agencies to ignore eviction notices served by their landlords – and to wait until evicted by bailiffs – in…
Christopher Walkey
Which areas are offering the best returns for landlords?
Landlords are currently seeing Manchester as the most profitable area to own property as the rental yield in the North West is around 7% according to an index put together by LendInvest. However, there are other areas around the country that are experiencing solid returns such as Coventry, Luton and the outer areas of London….
Mark Burns
How to use your personal income to top up a buy to let mortgage
We have talked a lot recently about lenders tightening their buy to let mortgage criteria especially with regard to rental income requirements – this is set to continue under the Prudential Regulatory Authority (PRA) recommendations which are expected to be implemented later this year. For a quick recap – lenders a few years ago would…
Enness Private
Free eBook ‘Landlords Advice with Regional Relevance’ from Homelet:
“The rental property market can be notoriously difficult to predict. Fortunately, help is at hand. This eBook, which is a collaboration of property market experts, contains useful advice, key data snippets relevant to your local area and is packed with insights and analysis on important developments that are currently impacting on the sector. From new buy-to-let lending rules…
Christopher Walkey
WHAT MAKES A PROPERTY HAVE RENTAL APPEAL?
Before buying a property abroad with the idea of renting it out, it is a good idea to think about the appeal it will have and to think of your target market. This is particularly true if you intend to use the property for part of the year yourself. In the UK we often refer…
Keith Pintointernational
Will buy-to-let investors now need a 60 percent deposit?
As the buy-to-let market becomes more tightly regulated, it could see lenders offering 40% mortgages. Stress testing will have to be introduced by banks according to the Bank of England as a result of the new tax changes that will be coming in to effect next year. The idea behind the test is to ensure…
Mark Burns
New rules for buy to let rental stress testing
You may, or may not, be aware that the Prudential Regulation Authority (PRA) has been considering changes to buy to let rental stress testing recently, affecting buy to let mortgages across the UK. Responsible for the prudential regulation and supervision of lenders, the PRA have now proposed that banks should be operating a standard stress for…
Enness Private