Letting Agent Talk
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
Not sure about lettings? Vote remain and gain!
Partnerships do come to an end, it’s only natural. Britain and the EU. Roy Hodgson and England. Taylor Swift and Calvin Harris (anyone?). But if you are thinking of ‘consciously uncoupling’ from lettings, think again. Many agents mulling over the idea of selling or closing their lettings division have gone on to reverse the thought…
ARPM
A Guide To The Changes In Buy To Let Mortgages
Last year, Chancellor of the Exchequer George Osborne announced a raft of new tax measures for the buy to let market, some of which specifically affecting buy to let mortgages. However, as the changes won’t actually start coming into effect until April 2017, you have time to adapt to them. Whether you currently have or…
Enness Private
TO BUY OR NOT TO BUY (APOLOGIES TO SHAKESPEARE)
Ask why when you tell yourself “I am going to buy a holiday home abroad” you hold back. Here are some of the reasons we have been told in the past with maybe a different angle on how these can be addressed. Prices may fall some more: Yes they may fall or they may go higher….
Keith Pintointernational
Enter the third annual Rental Repairs Survey with #Fixflo:
Your chance to win a £50 Amazon Voucher! 1. NO PURCHASE NECESSARY TO ENTER OR TO WIN. 2. Eligibility. Win a £50 Amazon Voucher prize draw is open to all UK (including Northern Ireland) residents – individuals, not businesses – who are aged 18 or over and who manage or whose company manages property. Tactile…
Alex Evans
Why use a designer on your rental refurbishment project?
I’m sometimes asked by landlords ‘what’s the benefit of using a designer? isn’t it going to take my project over budget? what’s wrong with managing the builders and sourcing myself?’ Recently a client who has a portfolio of properties was very busy and asked me to take over the refurbishment of one of their flats….
Alex Evans