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Archive for March, 2010

Proposed planning order could have a devastating effect on the rental market

Icon Written by Neal on 26/03/2010 – 6:26 am

Buy-to-let landlords would be wise to note that a proposed planning order could have a devastating effect on the rental market, one expert has suggested. Alan Ward, chairman of the Residential Landlords Association (RLA), says if the Planning Use Classes Order takes effect in April, landlords will be required to apply for planning permission if […]



Rental yields are currently at their highest level in two years.

Icon Written by Neal on 26/03/2010 – 6:24 am

Buy-to-let investors may be encouraged by the fact that rental yields are currently at their highest level in two years. Figures from LSL Property Services reveal average annual returns amounted to 10.6 per cent in February, with rent increasing by 3.2 per cent in the last year.



The employment of “good tactics” from lenders has helped to reduce mortgage arrears, one expert has stated.

Icon Written by Neal on 26/03/2010 – 6:21 am

Paul Holmes, chief executive of Firstrung, says various schemes have been put in place under the advice of the government to give homeowners more leverage when it comes to making their mortgage payments. “As a short term solution, it has been superb if arrears in whatever form have been wiped clean and people have a […]



Conditions ‘never better’ for long-term landlords

Icon Written by Neal on 19/03/2010 – 11:16 am

Market conditions for people who have been landlords for many years have never been better, it has been stated. According to LettingZone, the whole property market is improving and experienced landlords may look to buy more properties over the next two or three years. Managing director Mark Garner commented: “For existing professional landlords, it has […]



Using letting agents ‘can help homeowners escape abroad’

Icon Written by Neal on 19/03/2010 – 11:14 am

Homeowners who are looking to leave the UK and live abroad have been advised to rent out their house through a letting agent. According to international lifestyle resource Shelter Offshore, using a letting agent can have numerous benefits. These include the fact that if the move abroad does not work out, it will be easier […]