Blog - Residential lettings
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Landlords and investors return to market
Wednesday, October 12, 2016
Enquiry levels indicate that landlords and buy-to-let investors are returning to the market after a lull following Stamp Duty changes in April, according to Rightmove. The portal’s Rental Trends Tracker for Q3 2016 shows buyer enquiries from potential landlords and investors are now back, up 30% on May figures, following a short-term dip caused by the additional Stamp Duty charges that came in on April 1st this year.
Rosy outlook for buy to let despite Brexit
Thursday, September 29, 2016
With the predicted shock of Brexit so far not having had the anticipated impact on the UK property market, the outlook for buy to let is rosy with the lowest ever interest rates a potential boost for investors. Most UK landlords still see letting property as a part time activity; most own just one property with rent making up less than half of their total income. But evidence suggests that rent is increasingly becoming a significant income stream for part time landlords, with an accompanying trend towards larger portfolios. Between 2010 and 2016, those managing only one property fell from 78% to 63%, while those with 2-4 properties rose from 17% to 30%.
Mind the gap: Tips for finding new tenants
Thursday, September 1, 2016
No landlord wants the expense of lengthy void periods between tenancies. And, in theory, it should be easy enough to find new tenants with the current shortage of properties. It’s not always easy, however, to find tenants that match your requirements, so here are some tips for finding your ideal tenant.
Excellent service from start to finish!
Friday, August 26, 2016
It’s always good to head into the weekend on a high note and to hear of a job well done. This time it’s the turn of the Burnham Lettings team headed by Wendy Taylor for a 5 star review on independent review site, Rateragent.
Let To Rent
Thursday, July 14, 2016
Let-to-rent isn't a new idea, but it’s one that is becoming more commonplace as a way of life. Massive and increasing costs to move, and problems replacing existing mortgages are often cited as a reason for not selling a property but letting it and renting another property to live in. Schooling often prompts a decision to let-to-rent if a family wants to live in a specific catchment area for a limited period and it’s also a great way to try living in a new area whilst keeping your options open. It may be the ideal option to facilitate a short term work contract, or just a way of keeping a home that you can’t bear to sell.
Buy-to-Let: Key Investment Tips
Thursday, May 26, 2016
Demand for rental properties is predicted to rise significantly with just 47% of those born in 1990 likely to be a homeowner by age 40. With low interest rates and volatile stock markets making other investments unattractive, buy to let is still a popular long term option. But with additional stamp duty and reduced tax benefits, it’s vital to get it right. So if you’re looking for advice on Buy to Let, consider these key tips.