Landlord confidence falls for first time in 2 years
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
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Rents increase further as lettings market buoyed up
The lettings market remains buoyant, as increased tenant demand and a shortage of properties pushes rents higher, says the latest RICS Residential Lettings Survey.
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1 in 5 landlords experienced rent arrears in the last three months
A fifth of private-residential landlords have had tenants in rent arrears over the last three months, according to new research published today by the National Landlords Association (NLA).
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MPs concern at lack of protection in lettings
More than 60 MPs have now signed an Early Day Motion (EDM) which highlights their concern at the Government’s decision to abandon the plans for a national register for landlords and further regulation of the private rented sector (PRS).
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Rents start rising againA lack of supply is pushing rents higher signalling a revival in the lettings market, says the latest RICS Lettings Survey.
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Buy-to-let activity settles after stamp duty holiday
The Council of Mortgage Lenders reports that buy-to-let activity in the first three months of this year settled back to former levels, following a modest upturn in house purchase by investors at the end of last year triggered by the stamp duty holiday.
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Private rental sector should be left to grow
The election must not be an excuse to hold back the growth of the Private Rented Sector (PRS), according to the Association of Residential Letting Agents (ARLA).
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House prices fell by 0.9% in August, the second consecutive month where a fall has occurred leaving the average house price at £166,507, Nationwide has said.
Lloyds TSB has introduced a new, market leading fixed rate mortgage at 2.94%, the product is available both for house purchase and remortgage for borrowers with a deposit of at least 30%.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
Confidence among landlords has dipped for the first time in almost two years, driven by uncertainties including housing benefits and tax changes announced in the emergency budget, according to the latest NLA Landlords’ Optimism Index.
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