BTR Landlords Welcome Pets in Their Lets
As pets remain popular among people living across the UK, Build-to-Rent (BTR) developers are increasingly offering pet friendly homes to potential tenants. With the Private Rental Sector (PRS) typically considered to less fond of pets, this finding in recent research that almost 50% of BTR openly welcome pets is sure to be good news for many tenants in the lettings sector.
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Demand from New Tenants Returns to Lettings Market
As the UK's economy is now fully open with a strong jobs market, demand for properties to let has seen an increase in demand from new tenants. Two separate reports show that new entrants to the UK's letting market are on the rise, in addition to existing tenants moving to a new home.
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Explained: Being a Guarantor
Becoming a tenant guarantor is often seen as a kind gesture, usually taken on by friends or family members who want to help someone secure a home. While it can be a supportive and generous role, it’s important to fully understand what the responsibility involves before agreeing to it.
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Halifax Calculates Most Affordable Cities for Property Purchase
As UK house prices have surged during the past few months, spurred on by the stamp duty holiday and pent-up demand following lockdown, some potential landlords might find it a struggle to find the right area or city for investment.
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Investing in Rental Properties, A Beginner's Guide
Investing in a buy-to-let property is a big commitment, but one that pays real dividends - literally. This week we are going to take a look at some of the things one should consider when investing in a rental property, from financing to the type of tenants you are targeting.
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Questions to Ask When Viewing A Property
Viewing a property is an exciting step for any prospective tenant. It’s natural to focus on the positives when you first see a place, but a viewing is also a great opportunity to gather all the information you need before making a decision. Asking questions helps you understand the property better and ensures everything meets your expectations. Even questions that might seem relevant only in rare situations can provide valuable clarity. After all, the details matter.
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Rental market bounces back in 2021
While the property sales boom has been one of the surprise success stories of the past year and a half, the overall strength of the rental market has been less clear. Reports and news stories have tended to focus on particular issues like arrears or evictions, rather than getting a sense of whether the private rented sector is in a better or worse position than it was in 2019. However, a few recent studies have tried to shed a bit of light on this.
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Rental Supply Falls as Demand remains Upbeat
The UK's supply of rental homes is once again coming under pressure as demand from tenants across most regions continue to recover from the lows seen during the height of the pandemic. Two separate surveys report that demand from tenants is rising across the country with London in particular experiencing a sustained period of increased interest.
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Rents Rise as Detached Properties Retain Popularity Despite Low Supply
Two separate reports show that rents have risen in recent months as demand for property in the lettings market remains high. The data suggests the recovery in demand for rental homes has continued over the third quarter of the year with one stating it expects demand to remain strong and push rents higher.
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