Despite uncertainty around Brexit, the student property market is predicted to rise by 72% between 2014 and the end of 2019* and is set to remain an attractive option for landlords across the UK. Landlord insurance provider, Towergate, conducted a study of 500 undergraduate students across the UK to find […]
As property prices rocket in the backdrop of a turbulent economic and political climate, home ownership is increasingly becoming unattainable. As a result, many have turned to the rental market as the most financially viable living option for their foreseeable future. With Brits now viewing rental properties as potentially long-term […]
As the old saying goes – be careful what you wish for. The government wished to tilt the housing market towards first-time buyers and away from buy-to-let investors and that is exactly what they did. The problem is that, for a number of reasons, demand for property to rent is […]
From June 1st, 2019, the Tenant Fees Act comes into force, in England. For landlords who use agents, it is important to understand the implications, as one possible outcome is that agents could increase fees elsewhere. Andrew Turner, chief executive at Commercial Trust Limited, looks at the issues that landlords […]
The demand for purpose built student accommodation (known as PBSA) is growing, so much so that the number of student bed spaces due to be built for the 2019/20 academic year is 25% higher than last year totalling 29,000 beds. Why the demand? Student numbers are rising, 561,420 people applied to start a course in […]
As 2018 draws to an end, there has been much to reflect upon in the buy to let market. There is plenty for landlords to ponder heading into 2019, as Andrew Turner, chief executive at specialist buy to let broker, Commercial Trust, explores. An evolving market The past couple of […]
Government plans to protect tenants from poor living conditions through the expansion of mandatory HMO licensing look set to fall way short of their ambition. Figures obtained by Simple Landlords Insurance reveal the majority of local authorities don’t know how many unlicensed HMOs are in their area – let alone […]
Landlords with tenancies pre-dating October 2015 have been warned of changes to section 21 eviction rules which take effect from October 1st 2018. A Section 21 notice gives a landlord the legal right to ask a tenant on an Assured Shorthold Tenancy (AST) or periodic tenancy, to leave their property. It […]
Tax changes and the removal of mortgage interest relief have coerced landlords into becoming slaves to the property market as yields plummet. However, recent studies show that Bootle, Merseyside was the best place for landlords in the UK due to the boroughs rental values and yields. The North and The […]
It takes an average of 118 days for court-appointed bailiffs to remove tenants from private landlords’ properties after bringing a claim to court. Landlords in London are the most likely to have to evict, while those in the South West, North East and West Midlands were least likely to have […]
