Category: Buy To Let
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Understanding the Pet Policy in the Renters Reform Bill
The Renters Reform Bill has a section focused on pet ownership for tenants. The central theme is that tenants should be permitted to keep pets unless the landlord can provide a “reasonable refusal”. In simpler terms, unless there’s a clear-cut reason against it, tenants can have pets. To give tenants a safety net, landlords are…
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3 Buy to Let Investment Hotspots
Based on multiple factors including rental yields, educational achievements, and local amenities, Confused.com has identified the crème de la crème of UK investment locations. 1. Newcastle upon Tyne 2. Dundee 3. Aberdeen Starting Your Property Investment Journey: Tips to Get You Started Property investment is more than just picking a house and slapping a price…
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BTL Latest Yields vs Costs
For many considering venturing into the property market, the buy-to-let option is a popular choice. But how profitable is it in today’s economic environment? Let’s break down some fresh insights from Benham and Reeves, a leading lettings agency, and see if buy-to-let is indeed worth your investment. Gross Rental Yields: A Positive Outlook Initially, things…
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Gove Says Healthy PRS is Critical
During the annual conference of the National Residential Landlords Association (NRLA), Michael Gove delivered a compelling speech, underscoring the significance of a thriving PRS in the broader residential property market. The timing of his address was noteworthy, given it came right after MPs deliberated on the Renters (Reform) Bill. Gove took a moment to applaud…
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Law Society Sceptical on Renters Reform Bill
The Renters Reform Bill seeks to bring about major changes to the rental market, with the central reform being the ban on “no-fault” evictions, commonly known as Section 21 evictions. This type of eviction allows landlords to end a tenancy without giving a reason, provided they give the tenant adequate notice. The aim of the…
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Is BTL Only for Big Landlords Nowadays?
The UK property market has experienced a transformative shift over the past few years. No longer is it just about owning a home or two and collecting rent. Now, it’s about navigating a complex web of regulations, taxes, and financial instruments. The Telegraph looked into the journey of Sam Dyer, a successful property investor, to…
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Buy-To-Let Still Giving 8% Returns in Some Areas
With rising interest rates, sterner regulations, and a tax squeeze, many prospective landlords are questioning the viability of their investment dreams. Yet, research from digital mortgage lender Molo Finance suggests that by picking the right locations, investors can still reap yields nearing an impressive 8% in England and Wales. Understanding Property Yields Before diving deeper,…
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Renters (Reform) Bill – Hidden Threats for Landlords
Landlords are being alerted about the potential financial implications of the Renters (Reform) Bill. While the bill’s initiative to abolish Section 21 ‘no fault’ evictions in England and Wales has been postponed, other aspects of the legislation are sparking concerns within the landlord community. Landlord Licensing & Defence has shared their concerns about the bill.…
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The Increasing Role of Private Providers in UK’s Social Housing
For those considering an investment in the UK’s property sector, understanding the shifting dynamics of the social housing landscape is crucial. Recent data has unveiled the growing role of private registered providers in the supply of new social homes. But what does this mean for potential investors, local communities, and the broader housing market? Let’s…
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Phil Spencer’s Advice for Landlords in Crisis
Phil Spencer, known for his prominent role in the UK’s favourite property shows like “Location, Location, Location,” and his extensive experience in property buying, selling, and landlordship, offers a unique perspective on the trials and tribulations facing landlords today in today’s Telegraph. His journey in property investment is not just about short-term gains; it’s a…