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3 factors that will drive up rent
3 factors that will drive up rent According to ARLA the number of properties being managed per branch has dropped year on year, from 193 to 183. 3 factors that will drive up rent: For those investors [...]
Buy-to-let investors tops 1.75m
Buy-to-let investors tops 1.75m The number of buy-to-let investors in the market has increased by 7% over the last year which just goes to show that there is still a strong belief in this investment, [...]
More lenders tightening up
Mortgage lenders tightening up Barclays has just increased it's rental cover requirement from 135% to 145% in line with Nationwide. Newcastle has take this even further by increasing rental cover, increasing reference rate AND reducing the number [...]
Big slump in buyers
Big slump in buyers According to Haart, new buyer demand slumped by a massive 46 percent April vs March (which was to be expected to some degree) and house prices may have hit their ceiling based [...]
Rental cover going up to 145%
Rental cover going up to 145% Nationwide announced last week that it is tightening up its lending criteria and other lenders may follow suit. The rental cover is what the lenders classify as the amount [...]
House prices fall in April
House prices fall in April The Halifax announced that house prices fell by 0.8% in April after a very busy couple of months. It is too early really to read anything into that yet and [...]
Start increasing rents now
Start increasing rents now To make sure you are not caught out by the reduction in mortgage interest relief from 2017, look at your properties now and try to increase rents as soon as you can, if [...]