Buy to let news
Amateur landlords, beware
In some parts of Scotland, homeowners who feel they may not get the price they want by selling their home now are opting to rent the property out in the hope that rental income will cover costs until the market picks up.
Lynn Hilton, an experienced lettings agent with Cluttons, said: “Many new landlords are not entering [...]
Should you dive in to buy-to-let investing?
Prices are plunging, markets are in turmoil – but, incredibly, now could be the time to put your money in property, writes Richard Dyson in the Mail on Sunday…
Buy low, sell high has always been the maxim. Invest against the flow. In that case, with headlines warning of apocalyptic property crashes and a mortgage crisis, [...]
Buy-to-let booms in 2008
Landlords pick up the slack from weaker housing market.
Demand for rented accommodation in May has boomed 41% year on year according to new data from an estate agent, a leading UK lettings agent. Lease commencements were up 41% in May 2008 from May 2007. Tenant demand increased month on month as well – the number [...]
Government must ‘focus on supply of rental property’
A think tank has called for the government to do more to provide enough rental accommodation to meet soaring demand.
The Centre for Cities (CFC) has claimed that the government has focussed its policies unduly on homeownership and that conversely not enough attention has been paid to ensuring there are enough homes for rent.
This has been [...]
Renting property is a good option
The housing market is changing. The days of easy money are over, with lenders no longer offering 100 per cent or more of the value of a home.
Prices are likely to stagnate in 2008 and with mortgages more difficult to come by, renting could be a good option.
The rungs on the property ladder are snapping [...]
