One in ten properties in the UK are delivering gross rental yields of 10% or more, according to Countrywide’s 2012 Lettings Index.
Rising rents and stabilising house prices are making rental yields highly attractive to buy to let investors, with an average yield of 6.2%.
The largest lettings network in the UK found that of all properties purchased and rented through Countrywide in 2012, approximately half achieved gross rental yields of more than 7%. Continue reading Ten percent yield for 1 in 10 buy to let properties
The Association of Residential Letting Agents (ARLA) today revealed its predictions for the UK property market over the next 12 months.
Ian Potter, Managing Director of ARLA, said the Private Rented Sector (PRS) will continue to see demand outstrip supply throughout 2013, particularly in London and the South East. The lack of affordable mortgage finance coupled with borrowing caution from consumers will result in more families choosing to rent rather than buy in the next twelve months. Continue reading ARLA Predictions for 2013
A Press Release issued today by suggests that addressing the current housing crisis by capping rents will lead to poorer standards of accommodation and a reduction in the supply of properties.
The recent report from the National Housing Federation called “Home Truths”, revealed that years of not building enough homes has led to rising rental and house prices, leaving millions of families struggling to pay the rent. The report also revealed that 417,830 more working people, an 86% increase since 2009, are now reliant on housing benefit to help them pay the rising rents. Continue reading Capping rents is not the answer to housing crisis
Rent rises are fuelled by a mortgage famine that is forcing home owners that cannot sell to become reluctant landlords who have to rent themselves to move on.
The latest lettings survey by the Royal Institution of Chartered Surveyors (RICS) shows rents have followed an increasing trend since 2009. Continue reading Mortgage famine fuels buy to let rent rises
The average UK rent increased by 2.6% in March to £764 a month, according to the latest survey by specialist landlord insurers Homelet.
London rents are still defying gravity and average £1,156 a month. Continue reading Buy to let rents keep rising as tenants get poorer
Landlords are starting to feel a squeeze on rental profits despite rising rents, according to a new study.
The number of buy to let landlords with large portfolios of 20 or more rental homes making a loss soared to 8%, says the research for the National Landlords Association.
The findings for the last three months of 2011 showed the biggest rise in portfolio landlords making a loss since records started in 2006. Only 1% reported a loss in the third quarter of the year. Continue reading Record Number of Landlords Making Rental Losses
Landlords in Peterborough are enjoying the best rental returns of anywhere – even the flying high yields in London, according to letting agents haart.
Peterborough reigns supreme for one, two and three bedroom homes, says the first buy to let index from the letting agent, which has offices across England and Wales.
Property investors in the city can expect yields of 8.7% on a one bedroom flat, 9% on a two-bedroomed apartment and 6.7% on a three-bed house. Continue reading Peterborough is the Buy to Let Star of the East
Buy to let pundits fill acres of space online and in the media talking up property investment – but most of them have a vested interest in pushing products on landlords.
The main offenders are mortgage lenders forever talking up the market in surveys and house price reports – and including sly details of their buy to let mortgage deals at the same time. Continue reading Searching for the Truth About Buy to Let on Google
Rents have eased back for the first time in almost a year – dropping around £7 a month to an average £717, according to one of the UK’s largest letting agents.
Annual rent inflation has tumbled from 4.1% in October to 3.5% in November, but rents are still an average £25 higher than 12 months ago, says the latest monthly buy to let report from LSL Property Services. Continue reading Rising rents stall but will go up, say letting agents