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Case study – how to present your property: Liverpool, L3

What we like about the property… • The listing states the property is situated in the best postcode in Liverpool, and the surrounding features back that up. It’s close to the World Heritage Waterfront, the Liver Building and the Cunard Building. Architectural features like these will attract tenants. • The property has magnificent interior design. It has all the mod-cons and a rather... Read more

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60 Seconds with James Davis

What is your role? Founder & CEO of www.upad.co.uk What is Upad in a nutshell? Upad is the UK's largest online lettings agency. We help landlords let and manage their properties nationally, and because we've grown so large, we can pass on massive savings to landlords. How is it different to other lettings agencies? Our landlords are generally experienced buy-to-let professionals who... Read more

Mill Conversion - Balerno, Edinburgh, EH14

Case study: how to present your property – Balerno, Edinburgh, EH14

What we like about the property… • It is located in a beautiful setting on the Water of Leith in the village of Balerno. It is within commuting distance of Edinburgh, and close to Heriot-Watt University, meaning the area is a great buy-to-let investment for those that want to attract professionals and students. • It is an old mill conversion. Properties embedded with history tend to let... Read more

Woman and Idea

Essential reading for landlords! Top tips on finding and keeping great tenants

2012 looks set to be a particularly fruitful year with buy-to-let lender Paragon Group revealing that landlords are expecting tenant demand in the UK to remain high, predicting a double-digit increase in the number of people who will choose to become “professional tenants”, opting to rent rather than buy. With renting becoming ever more popular, a number of lettings agents have explained... Read more

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Case study: how to present your property – EAST HAM, E6

What we liked about the property… It has a gas central heating system. With the major gas companies dropping their prices this could save tenants a substantial amount on bills. It features modern furnishings as shown by the kitchen, lounge and master bedroom photos. This always helps properties let out fast. It is an affordable, East End London property. At £1550 per month for 4... Read more

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Case Study: how to present your student property – Cardiff, CF24

What we liked about the property… It is situated in the prime student area of Cathays, close to the main university campus and Cathays rail station. This property will always be in demand from students making it a fantastic investment. The property is well furnished unlike many student properties, ensuring it will be let quickly and will achieve top rent. The house is licensed by... Read more

Money

Rents set to stabilise in 2012

Rents in the UK are set to stabilise in 2012, according to the Belvoir rental index. The index suggests that rents will rise in line with inflation and salary increases in 2012. This marks a change from the previous couple of years which have seen rents persistently rise. However, as always with these national surveys there are regional fluctuations, with London and the Home Counties set to... Read more

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At last good news, property repossessions remain low

The level of property repossession in Britain has held steady in the third quarter of 2011. 9200 properties were repossessed, compared to 9100 in Q2, according to the Council of Mortgage Lenders (CML). In total, over the course of 2011, 27500 properties have been repossessed and that's down on 2010. The CML predicts there will be fewer repossession in 2011 than last year. Considering the... Read more

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Millions may never be able to own their own home

The increasingly depressing state of the housing market has been brought to the fore, with the news that millions may never be able to own their own home. The Council of Mortgage Lenders Director General Paul Smee said, that many will rent for longer than they first envisaged. Deputy Governor of the Bank of England Charlie Bean explains that as mortgage deals require higher deposits, they... Read more

Money

Rent arrears are rocketing: are you ready?

There's plenty of evidence around that rent arrears are on the increase, but what's more troubling is that we have a feeling that the current economic climate things can only get worse. The National Debtline, a charity dedicated to helping people with money worries, says that enquiries related to rent arrears have rocketed by 84% in the past four years. This certainly tallies with other evidence... Read more

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Councils could charge £500 for Landlord Registration

Private landlords who rent out property in the London Borough of Newham could face compulsory registration at a cost of £500. A 10 week consultation is already under way on proposals that would see landlords proving that they are “fit and proper persons” to be landlords, and possibly having to undertake a Criminal Record Bureau (CRB) check. A trial of the scheme has already been piloted over... Read more

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Rents rise but rent arrears rise much faster

The latest research from LSL shows that rents rose in August by 1.2% but so did the number of tenants with rental arrears owed to landlords. The increase in rental arrears, and the total amount of money owed to landlords is staggering. LSL estimate that 10.7% of all rent was late or unpaid in the month of August 2011. The total amount of unpaid rent in August was an estimated £300m, up... Read more

Happy families

Family homes attract Buy to Let landlords

Buy to Let landlords are increasingly looking to family homes as a solid investment. The latest numbers from BTL mortgage people Paragon shows a significant increase in landlords looking to families as tenants This shouldn't be a surprise. With the changes to Housing Benefit and Local Housing Allowance (LHA) already starting to filter through the private residential sector (PRS), we expect... Read more

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Riding the storm with Buy to Let

Following recent turmoil on global financial markets and talk of a double-dip recession, getting an attractive yield for investments can be challenging. But, amid all this depressing news, there is one shining star – the buy to let market. In this time of uncertainty, landlords are putting their faith in bricks and mortar and seeking new acquisitions to expand their portfolios. According... Read more

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Are Buy to Let landlords to blame for Britain’s housing crisis?

An article in The Daily Telegraph this week focussed on the causes of Britain's acute housing problems. The article by Ed Howker, associate editor of 'The Spectator’ and co-author of 'Jilted Generation: How Britain Has Bankrupted its Youth', cited Buy to Let landlords as part of the problem. The article entitled “Britain has too few homes for sale” claims that one of the major reasons... Read more