There are an average 13 renters battling it out for every property available to let — but are landlords profiting or selling up? It feels genuinely hopeless and it’s making me ill,” says Lottie, who privately rents a two-bedroom property in outer London. Like thousands of private tenants right now, her biggest worry … [Read more...]
The Death of the Landlord
Spring is property auction season, when a motley collection of semi-derelict houses, flats with leases in the single figures and the homes of mortgage defaulters get sold off. This year, though, a scan of the catalogues of some of the UK’s leading property auction houses reveals a new class of property under the … [Read more...]
Holiday Lets Continue to Outshine Buy to Lets
Holiday lets are the highest returning asset within the UK real estate sector according to holiday property fund, Second Estates. This is mainly the result of their higher yields which were 1.1% higher than those for residential buy to let properties over the past 12 months and higher than all other major … [Read more...]
Why Wales is fertile ground for buy to let
... However, one location that might be worth a second look is Wales – where house prices remain lower than average at around £175,000, according to Rightmove. “In Wales you can still get an enormous amount of property for your money,” says Carol Peett of West Wales Property Finders, “and first-time or modest investors … [Read more...]
Pembrokeshire Top Holiday Hotspot
Two Pembrokeshire coastal towns have emerged as top hotspots for Easter getaways in the UK. Recent statistics from holidaylettings.co.uk, a Tripadvisor company which is the UK’s leading holiday rental website, Tenby featured at number 2 in the list of the top 10 hotspots; closely followed by Saundersfoot in 5th … [Read more...]
Tenby – the Place to Invest in Buy to Holiday Let
For those looking to invest in buy-to-holiday-let, look no further than Tenby in Pembrokeshire. Four of the UK’s biggest holiday cottage companies have revealed that Tenby is one of this year’s most sought after holiday destinations. The UK Top 50 Search Report, which features search statistics as compiled by … [Read more...]
Buy to Let Property Hotspots
Carmarthen, Wales – £75,000 budget If you are hoping to keep entry costs as low as possible, Carmarthen is the perfect spot – you can find a three-bed terraced house in the centre for £70,000-£80,000. The Managing Director of West Wales Property Finders, Carol Peett, recommends the area because of high rental … [Read more...]
Buy to Let – The Best Investment
Buy to let landlords have enjoyed superb returns of nearly 1,400% since 1996, beating all other forms of investment, according to a report by Wriglesworth Consultancy for peer-to-peer lender, Landbay. £1,000 invested in a rental property in 1996 would have grown to £14,897 by last year, according to the research. … [Read more...]
