Business is booming for student landlords as rents, property values and returns are all increasing.
The average student landlord benefitted from a 13.5% return on investment in the year ending September 30, reports estate agents Knight Frank in their annual student property survey. Continue reading Student lettings are in a class of their own
Buy to let rentals have gone up for the ninth month in a row to hit a new record high just shy of £700 per month.
According to LSL Property Services, the largest letting agents in England and Wales, the average cost of renting a home rose by 0.4% from £689 to £691 in October, up 4.5% from October 2009. Continue reading Buy to let rentals up for ninth month in a row
Letting agents all over the UK are reporting a rush by tenants to rent buy to let homes as the mortgage squeeze continues to stop people who want to buy homes from jumping on to the property ladder.
The sadness behind the figures is that although thousands of would-be homeowners would snap at the chance of a mortgage, few can contemplate owning a home of their own in the near future. Continue reading Reluctant landlords cashing in on buy to let bonanza