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Rental property is the 'new sales'

Rental property has been seeing a lot more movement than the housing market, but landlords have been urged not to be greedy. Ed Mead, director at Douglas & Gordon, said that the theory in the property landscape at the moment is that houses for rent are the new houses for sale because of the high demand in the rental sector and the slow levels of movement in purchases. ...

20th Oct 2011

Buy to let 'boosts financial control'

People who move into the buy to let market may find that the practice enables them to control their financial destiny, it has been claimed. That is the opinion of Alan Ward, chairman of the Residential Landlords Association (RLA), who noted that the buy to let market is currently very different to how it was before the onset of the economic downturn. His comments follow the ...

12th Oct 2011

Renting news archive

Void periods 'are virtually non-existent'

The problem of void periods is virtually non-existent at the moment, according to one expert who has encouraged potential buy to let property owners not to be deterred. According to lettings expert Caroline Kavanagh, void periods for the majority of properties, especially one and two-bedroom properties, should not put off prospective landlords. She noted that, contrary to ...

11th Oct 2011

Second home buyers 'can create ghost villages'

The increasing number of rural properties being bought as second homes is forcing young people away from some areas and resulting in the creation of "ghost villages", it has been claimed. That is the opinion of a spokesman for the Campaign to Protect Rural England, who pointed to a new Halifax report showing that property prices in the countryside are an average ...

5th Oct 2011

Buy to let outlook 'is positive'

The outlook for buy to let homeowners in the UK is currently very positive, according to one specialist who has noted how the practice has increased in popularity significantly in recent years. Buy to let property expert Roger Southam made the comments after the coming of the phrase 'buy to let' reached its 15th anniversary in September 2011, and the expert said ...

3rd Oct 2011

Tenants 'should be treated like customers'

Landlords need to begin treating their tenants like customers if they are to ensure there are no unresolved issues and guarantee a happy relationship, one specialist has advised. David Lawrenson, a private rented sector expert, said that developing a good relationship with tenants is about close attention to detail, being able to respond quickly and getting things done as ...

29th Sep 2011

Lettings market 'will be boosted by overseas students'

University students from overseas who are on the hunt for accommodation will boost the lettings market in the coming years, it has been claimed. That is the opinion of student accommodation expert Stuart Cook, who said that there are a number of factors that an investor should take into consideration when looking at an investment in student accommodation. He noted that, ...

23rd Sep 2011

UK 'has a shortage of rental property'

There is currently a shortage of property to rent in the UK, according to one specialist who has noted that demand for rental property in the UK is set to continue outstripping supply. James Davis, a rental property expert, said there are far more tenants enquiring about each property than 12 months ago, with tenants now jockeying to make themselves look more favourable ...

22nd Sep 2011

Buy to let property 'a wise investment'

People thinking of investing in property in the coming months will find that it is a safe place to put their money, one expert has suggested. David Lawrenson, a property letting expert, pointed out that rents are going up have been doing so for about seven months now across the country. He explained that, in London, they have probably been going up for about two years, ...

22nd Sep 2011

Expert offers deposit advice

Perhaps the most common issue that arises between extents and landlords is the return of the rental deposit when the tenancy comes to an end. In many cases, the correct procedure for safeguarding the deposit has not been followed, so one expert has issued advice to ensure that tenants know how and where their money should be kept. John Gallagher, principal solicitor at ...

21st Sep 2011

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