How Inflation Influences the Property Market
The latest Consumer Prices Index (CPI) released by the Office for National Statistics revealed that inflation increased from 1.7% in September to 2.3% in October. But how exactly does inflation impact the property market? There is a link. But it is not quite as simple as it might seem. When inflation rises or falls, it […]
What The Budget Means for the Property Market
With PM Keir Starmer warning it would be painful, the new government’s first Budget has been hotly awaited for some weeks now. In this article, we’ll look at what the Chancellor of the Exchequer, Rachel Reeves, announced – paying specific attention to what will affect the property market. The Chancellor started by giving forecasts which […]
What to Avoid as a First-Time Landlord
Despite overblown media reports of a wave of landlords selling up due to regulation changes and new government policies, property remains a viable long-term investment for many. For first-time landlords, however, common pitfalls can turn a promising venture into a stressful experience. Avoid these six mistakes to ensure your property investment journey gets off to […]
Five Tips for Landlords Buying a Doer-Upper
When considering the purchase of a ‘doer-upper’ – a property that requires refurbishment – landlords are often faced with a Shakespearean (ish) question: “To buy, or not to buy?” It’s an important decision where you must weigh up several important factors before choosing to invest or not. Below are five key considerations to keep in […]
What Can Local Landlords Expect in The Budget?
After months of fevered speculation, Chancellor Rachel Reeves will unveil her autumn Budget on Wednesday 30 October. As the announcement could have important implications for landlords, let’s consider what might be included in it. But first, a caveat Leaks and rumours accompany the lead-up to any major fiscal event, and this Budget – Labour’s first […]
Why Many Local Landlords Are Holding Firm – Despite the Doom-Mongers
Are landlords leaving the market in droves, as some experts claim? Or are reports of an exodus exaggerated? Let’s look beyond the hype to find out what’s going on. You may have seen a flurry of headlines lately saying that landlords are leaving the rental sector en masse. Is it true? Well, data released last […]
The Latest on the Rental Market: Update for Landlords
Is the rental market running hot or cold, and what can we expect in the coming year? Let’s dig into the latest data from the Office of National Statistics (ONS) and property portal Zoopla to find out. Taking stock Unless you spent 2023 hiding under a rock, you’ll know that rents rose last year. A […]
The Demographic Shift Taking Place in the Buy to Let Market
First-time buyers might be getting older, but when it comes to landlords, it’s a different story. A new survey* has found that in the past nine years, there’s been a drop in the average age of landlords in the UK. Back in 2014, the average age for a landlord purchasing a rental with a buy-to-let […]
10 Ways a Great Letting Agent Helps Landlords and Tenants
A good letting agent can make a world of difference for both landlords and tenants. Here are ten things a top-notch letting agent does to provide outstanding service: 1. Tenant Vetting and Screening A reliable letting agent conducts tenant screening (often called referencing) to ensure potential tenants are compatible with the financial obligations and responsibilities […]
How to Choose a Legit Letting Agent to Manage Your Property
Great letting agents make a world of difference to their clients. They’re star performers who keep tenancies running smoothly, properties well-maintained and landlords on the right side of the law. But not all letting agents are equal. Unfortunately, a small minority are rogue operators with ulterior motives. So how can landlords find a reputable, legit […]