Renting news (November 2011)

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Student rental market 'is incredibly competitive'

The quality of student houses is not deteriorating at the moment, in spite of the tough economic conditions, one specialist has observed. Rental property expert Jonathan Moore said the student rental market is "incredibly competitive" for tenants, so no landlord wants to risk their property remaining vacant over the course of an academic year because of its poor ...

30th Nov 2011

Landlords 'are confident' about portfolio expansion

There are signs in the UK that the amount of rental stock is likely to increase in the near future, according to one specialist, which is good news for landlords. Private rented sector expert David Lawrenson said there are signs that the amount of rental stock is likely to increase in the near future, with most reports indicating that landlords are "quite ...

29th Nov 2011

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Private rental property 'cheaper than halls' for students

Students hoping to save money while at university may find that staying in private property to rent is cheaper than student halls, one expert has noted. Rental property specialist Jonathan Moore pointed out that, at present, student rents remain below the level of the mainstream market, but they have been rising. "In many towns, this may continue next year, as the ...

28th Nov 2011

Unused buildings 'present great buy to let opportunities'

People hoping to move into the buy to let market but struggling to find the right property to invest in could consider buying an unused building and converting it into student accommodation, it has been claimed. UK property investment expert Stephanie Sowerby said unused buildings offer the best opportunity for student accommodation, mainly due to the shortage of space in ...

18th Nov 2011

Landlords 'can expect strong returns'

Owners of buy to let property in the UK can expect very strong return on investment for the foreseeable future, due to the popularity of the rental sector in comparison to the buyers' market, it has been claimed. Nick Lyons, a rental property expert, made the comment following the publication of a report by the Council of Mortgage Lenders which showed that the number of ...

18th Nov 2011

London 'has hotspots' for property investors

There are plenty of 'hotspots' in London that provide excellent investment opportunities for buy to let landlords, according to a new study. The report from Knight Frank entitled London Hotspots: Residential development opportunity areas, predicts that certain areas such as Hammersmith, Marylebone, Fitzrovia, Earl's Court and White City will receive major ...

16th Nov 2011

Property prices 'hampering some landlords'

Some UK landlords hoping to expand their portfolio are currently being hampered by property prices , according to one expert. Julie Blakeman, an expert in property to rent , said most of the landlords she has spoken to are "sitting tight" at the moment. Landlords who are on good variable rate mortgages are making more money now than they ever have been, but that ...

14th Nov 2011

Buy-to-let mortgages increased in Q3

The number of new buy-to-let loans increased by 16 per cent in the third quarter of 2011, the latest figures published by the Council of Mortgage Lenders (CML) has revealed. Figures also showed that the value of mortgages taken out by landlords grew by 19 per cent, meaning that the pick-up in buy-to-let mortgage uptake witnessed in the second quarter of the year is ...

11th Nov 2011

Good reputations 'get landlords tenants'

If a landlord has a good reputation they are likely to get more tenants and – perhaps most importantly - happy tenants, according to one expert. Malcolm Harrison, spokesman for the Tenancy Deposit Scheme, stressed that there are more good landlords than bad landlords, while the average landlord tries "very hard" to do things properly. Mr Harrison said the ...

10th Nov 2011

Buy to let property owners 'need specialist insurance'

Owners of buy to let property should consider taking out specialist insurance to consider any eventuality, according to one industry analyst. Independent financial research company Defaqto, said it is important for landlords to arrange specialist buy to let insurance to protect their portfolio, though there are a number of features in particular that landlords should look ...

9th Nov 2011

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