Archived Industry News - June 2007
Average rent 'is steadily increasing'
Landlords and letting agents have reported that rents and tenant demand have remained strong over recent months, suggesting that the buy-to-let sector...
29-Jun-2007
Blair's buy-to-let legacy
In the decade that Tony Blair was prime minister, the buy-to-let market in the UK increased by up to 30 times, a new report suggests.Research from The...
28-Jun-2007
House prices continue to rise
New figures suggest that house prices in the UK continued to rise in June, despite some experts predicting that interest rate increases would start to...
28-Jun-2007
Rising rates 'not dampening landlords' property demand'
Rising interest rates have done little to damage the UK property market, as people like buy-to-let landlords continue to pick up new homes to let, exp...
28-Jun-2007
Landlords 'offer valuable services'
Landlords who provide reasonably-priced rental accommodation to students are helping people attend university, an industry expert has argued.Recently,...
27-Jun-2007
Landlords 'have done better than investors under Blair'
Over the time Tony Blair was prime minister, investors would have been better buying property and becoming landlords, instead of putting money into th...
27-Jun-2007
Summer challenges for student properties
Landlords with student properties face a number of challenges over the summer months, a new report argues.Leaseguard warned that even landlords who al...
26-Jun-2007
Landlords could 'consider derelict property for development'
Landlords looking to expand their portfolio of rental properties could consider buying old and derelict properties and restoring them, an industry exp...
26-Jun-2007
OFT investigation 'must look at housing quality'
The Office of Fair Trading's (OFT) investigation into the UK housing market should not only address issues of supply, but also aim to improve the ...
26-Jun-2007
Landlords 'use internet to search for property'
More and more landlords use the internet to look for new property to add to their portfolios, a report suggests.The study, carried out by Halifax, fou...
25-Jun-2007
Council tax 'puts pressure on tenants'
Tenants in rented accommodation in the UK have seen their council tax bills increase by three times more than inflation in the last decade, a new repo...
25-Jun-2007
Tax change for buy-to-let?
The government should change tax rules to try and discourage landlords from continuing to acquire more buy-to-let properties, an industry expert has s...
25-Jun-2007
Sellers 'rush to beat Hips'
While May saw a rise in the number of properties available in the UK housing market, this was not matched by an increase in the number of people looki...
22-Jun-2007
Landlords 'embrace TDS'
More and more landlords seem to be embracing new the new tenancy deposit scheme (TDS), a report suggests.In April it became mandatory for all landlord...
22-Jun-2007
Rise of buy-to-let-back market
More and more landlords are targeting homeowners who are struggling with mortgage repayments, offering to buy the property and then renting it back to...
21-Jun-2007
Newcastle 'a good option for landlords'
While house prices in Newcastle and Sunderland have increased rapidly in recent years, landlords looking for new property can still find good value de...
21-Jun-2007
New builds reach record levels
The typical cost of a new build property in the UK reached record levels in May, new research suggests.According to property website SmartNewHomes.com...
21-Jun-2007
Long-term planning important to landlords
More and more people are becoming landlords because they believe property represents a sound long-term investment option, a new report suggests.Resear...
20-Jun-2007
Coach house developments 'are a headache for landlords'
Coach house developments might allow landlords to purchase cheaper new property to add to their portfolio, but could also mean that they have to deal ...
20-Jun-2007
Rightmove: 'London prices begin to cool'
The latest report from Rightmove suggests that the housing market in London could be cooling, meaning that landlords could soon be able to buy reasona...
19-Jun-2007
Brown 'should commit to homebuilding'
The House Builders Federation (HBF) has called on prime minister-designate Gordon Brown to commit to increasing the available housing stock in the cou...
19-Jun-2007
Landlords 'should consider specialist properties'
Landlords hoping to continue to earn good profits on their buy-to-let portfolios should consider buying property in niche and 'boutique' areas...
19-Jun-2007
Scotland top for seaside performance
The Scottish town of Girvan is the best performing seaside town in terms of house price growth over the past year, new figures have revealed.According...
18-Jun-2007
Imminent Hips launch boosts property market
The impending arrival of Home Information Packs (Hips) has caused a surge in the availability of property across the UK, new figures have revealed.Acc...
18-Jun-2007
Landlords 'still looking to expand portfolios'
Despite four interest rate increases rate rises since August 2006, landlords with a portfolio of property remain confident in the buy-to-let market, a...
15-Jun-2007
Specialist refurbishment mortgages offered to landlords
Bank of Ireland Mortgages (BIM) has launched a range of light refurbishment products aimed at property landlords with a large portfolio and a proven t...
15-Jun-2007
London property market cooling?
The first signs that the market for luxury homes in London could be cooling have emerged.Property broker Knight Frank has suggested that prices in the...
14-Jun-2007
Landlords should 'still consider student lettings'
Private landlords and smaller letting agents looking to capitalise on the student letting market should concentrate their efforts providing quality ac...
14-Jun-2007
House prices 'could be starting to slow'
House price increased at their slowest rate since April 2006 in May, a new report suggests.Reuters reports that a new study from the Royal Institution...
14-Jun-2007
CAB wants letting laws changed
The Citizens Advice Bureau (CAB) has called on the government to change letting laws in the country to prevent landlords carrying out retaliatory evic...
13-Jun-2007
Young people 'have to rent for longer'
Rising property prices and interest rates mean that more young people may have to stay in rented accommodation for longer, a new report suggests.Accor...
13-Jun-2007
Student lets are a 'predictable market'
While the market for student rental property is relatively stable and safe, landlords still need to take some precautions, an industry expert has warn...
13-Jun-2007
Demand for rental properties 'outstrips supply'
Demand for rented property outstripped supply in the last quarter, causing incomes to rise, a new report suggests.Data gathered by ARLA showed that re...
12-Jun-2007
Older buy-to-let investors 'will enter the market'
The number of serious buy-to-let landlords who are over 50-years-old is set to increase rapidly in the coming years, according to a new survey.Saga ha...
12-Jun-2007
House prices in the UK continue to rise
Official government figures show that house prices in the UK rose by more than £2,500 between March and April this year.The Communities and Local...
11-Jun-2007
Buy-to-let investors 'in for the long-term'
The majority of people looking at buy-to-let properties are aware of the legal and tax issues that surround the investment, an industry expert has sai...
11-Jun-2007
Landlords 'unaware of TDS rules'
The majority of landlords are unaware that the new Tenant Deposit Scheme (TDS) has come into force, a new report suggests.According to Alliance & ...
11-Jun-2007
