News Archive: buy to let
10, 2012 February:
The number of properties being bought with buy-to-let mortgages increased by around 84,000 in 2011, modestly helping to increase the supply of private rented housing in the UK, according to latest data from the Council of Mortgage Lenders.
09, 2012 February:
A realistic approach to rents is vital in the year ahead, says Belvoir MD Dorian Gonsalves.
The monthly index report for 2011 produced by Belvoir Lettings, the specialist residential lettings agency, shows that contrary to many reports in the national press, many regions have not recovered to the levels of rent achieved in 2008.
Office rents in Beijing are more expensive than New York after rising 75 percent last year as China’s rapid economic growth sparked strong demand, an international real estate company said.
07, 2012 February:
The investment arm of Kuwait's social-security fund has been investing in luxury apartment buildings in Manhattan's Noho neighbourhood this month according to a report out this week from Reuters.
03, 2012 February:
With the London Olympics only months away, agents are seeing more enquiries from homeowners looking to rent their houses and take advantage of high tourist numbers. For those looking to invest in a buy-to-let property, there are many steps you should follow and pitfalls to avoid. To highlight the latter, here are 10 tips to be a bad landlord.
There was increased buying and selling activity in the Private Rented Sector (PRS) in the UK in 2011 but this may not continue in 2012, according to the latest research from the Association of Residential Letting Agents (ARLA).
02, 2012 February:
Australia’s rental market could boom in 2012 as the country suffers from a chronic lack of supply according to the chief executive of the Real Estate Institute of New South Wales.
01, 2012 February:
A significant increase in the number of condominiums sold in Pattaya has been recorded.
The latest Young Index report of Private Rented Sector (PRS) sentiment shows that 19.1% of landlords added additional residential property assets to their portfolios during 2011.
31, 2012 January:
There are now six mortgage lenders offering more than 20 buy to let mortgages with LTVs up to 80%, according to new figures.
26, 2012 January:
A buoyant lettings market in Portugal continues to benefit from a weak sales market as tenant demand remains strong and rental values continue to decline, according to the latest RICS/Ci Portuguese Housing Market Survey.
25, 2012 January:
A British couple have sold their home and moved across the UK to live in an unusual new property: a toll bridge. The Whitney-on-Wye bridge, which is attached to a cottage, cost £403,000 and lets the couple charge anyone travelling between Hereford and Hay-on-Wye. But toll crossings are not a buyer's only bridge to profit this year, as London real estate prepares for the Olympics.
24, 2012 January:
Landlords and letting agents could be set for another bumper year, as historic low interest rates and gradual easing of lending restrictions continues to stimulate growth for buy-to-let properties.
23, 2012 January:
Rents fell for a second successive month in December, according to the latest Buy-to-Let Index from LSL Property Services plc.
The latest research from flat and house share website, Spareroom highlights some serious problems at the heart of the UK's rental industry.
20, 2012 January:
As Europe struggles with debt, the future of global property is uncertain. Reports suggest market recoveries one week, financial slides the next, while some still believe that the world will end in December. How do you know what property to buy? To clear up the confusion, here are seven things that won't happen in 2012...
19, 2012 January:
Performing exceptionally well compared to traditional investments over the last year, student accommodation in the UK has outperformed every other commercial property class, supplying regular returns throughout the economic crisis according to the Knight Frank Student Property Report 2012.
18, 2012 January:
Florida has flown to the top of TheMoveChannel.com's listings, according to the latest Investment Watch. The report, which ranks the monthly level of interest in the portal's listings, saw a two-bedroom condo attract the most enquiries at the end of 2011 as buy to let demand dominated December.
17, 2012 January:
Bullish landlords believe demand for rented accommodation in the UK property market will remain high throughout 2012, the latest research has revealed.
11, 2012 January:
Investment in student accommodation has surged by a remarkable 120 per cent, reveals a new report from CBRE. The number of university applicants has fallen by almost 8 per cent, according to UCAS, as students are deterred by the rise in fees, but the property sector has seen investor applications soar since 2009, with £863m invested in 2011 alone.
10, 2012 January:
The White House is preparing a plan to sell foreclosures for renting, just as the US buy-to-let market hits fever pitch. Demand for rentals is high with overseas investors taking advantage of low prices, while US homeowners let spare rooms and driveways - and scammers rent out homes that are already occupied.
The weak UK economy is impacting on rental prospects in the London lettings market but is likely to be contained by supply and demand fundamentals, it is claimed.
09, 2012 January:
Istanbul property prices are surging as buyers remain hungry for Turkey after Christmas. Values of prime houses in the capital are rising, according to figures released by Castle Research. Strong appetite for apartments has driven up prices, with rents increasing by 10 per cent per year as investors gobble up Turkey's real estate.
Downsizing has become common practice in freeing up capital, but selling off the family home may not be the only way to subsidise hard-hit pensions, according to the Association of Residential Lettings Agents.
06, 2012 January:
Benefit reforms taking effect from 1st January could leave over a million low income families with shortfalls in their rent payments, according to the Chartered Institute of Housing (CIH).
05, 2012 January:
A pledge by US President Barack Obama to provide massive financial support for the regeneration of the State of Michigan’s biggest city, Detroit, should be of interest to property investors.
04, 2012 January:
Residential property prices and rents continued to fall in Cyprus in the third quarter of 2011, according to the quarterly index from the Royal Institution of Chartered Surveyors.
03, 2012 January:
Soaring rents have pushed up the number of tenants in severe arrears by 18 per cent annually, according to new research from Templeton LPA.
22, 2011 December:
The lettings market during 2011 has been characterised by exceptionally high demand for accommodation with many tenants having to compete for a limited supply of properties. This has led to rising rents, attractive yields and greater confidence in the market for landlords. The UK's largest independent letting specialist, Leaders, looks back at the market during 2011 and makes its predictions for 2012.
21, 2011 December:
Average rental prices rose by 19% in Cambridge during 2011, according to haart - higher than anywhere else in the UK other than London.
A temporary slowdown in the UK lettings market in December creates a window of opportunity for renters to get a good deal before the New Year, it is claimed.
The Hong Kong luxury home market has hit tipping point say leading local agents and the market is stalling.
The 10 per cent rule says that a property is worth further investigation and a more detailed analysis if the gross annual rent is at least 10 per cent of the purchase price of your rental property.
20, 2011 December:
Long term tenancies could soon become the norm for people renting property in London as more people opt to stay for two to three years due to a shortage of alternatives, it is claimed.
19, 2011 December:
Rents dipped for the first time in ten months, according to the latest Buy-to-Let Index from LSL Property Services plc.
15, 2011 December:
Buying property beats renting it, according to this new infographic. The chart reveals that in America, average house prices have dropped by 46 per cent since 2008, while national rents have risen by a hefty 60 per cent. The situation is now the same in the UK too, as new research shows that buying property is cheaper than renting in 94 per cent of British towns.
The financial benefits of investing in a holiday home are becoming increasingly apparent as more British people are considering investing in this area, according to a new report.
09, 2011 December:
Islamic buy-to-let finance is now available, after the Islamic Bank of Britain entered the market with the launch of its Sharia-compliant buy-to-let purchase plan.
Haart expects to see a dramatic rise in the number of people renting in the UK over the next 12 months
Toulouse, Munich and Hamburg have emerged as the most attractive locations for overseas property investors looking to get into buy-to-let opportunities abroad says German real estate consultancy PATRIZIA Immobilien AG.
08, 2011 December:
There is still plenty of demand for student type accommodation despite early evidence of fewer university applications for 2012 due to higher fees and the economic downturn, according to property professionals.
07, 2011 December:
Although the value of homes across Australia's state capital cities has fallen by 2.8 per cent in real terms since the start of 2011, there has been an improvement in the rental sector.
06, 2011 December:
Rents have started to plateau after reaching an all time high in 2011 according to the latest W A Ellis – Prime Central London property market comment.
05, 2011 December:
Portugal's property market has been suffering for some time. House prices and sales volumes continue to decrease and confidence in the country's economy is low. But this downward spiral has prompted a surprise surge in demand - from buy to let investors.
International agency Savills has helped Swedish firm Fragerus Fastigheter AB seal a €15 million deal on the sale of two student accommodation buildings in Gothenburg.
29, 2011 November:
An undercover investigation has revealed the shocking widespread practice of some letting agents in Scotland charging private tenants extortionate and unjustified upfront charges.
24, 2011 November:
Recent findings have shown that around 1 in 6 Turkish properties sold to foreign buyers were bought by Brits in the last two months.
The only solution to the housing crisis is to encourage institutional investors like pension funds to invest in build to let projects, the British Property Federation (BPF) said yesterday.
Holidaymakers opting for rental properties in Spain are looking for higher standards from their accommodation.