Rics: Landlord rent levels on the rise

Chartered surveyors in the UK are more confident than they have been for a while that landlord rent levels will increase in the new year, new research suggests.According to the latest Royal Institution of Chartered Surveyors (Rics) Lettings Survey, 22 per cent more surveyors expect rents to rise - as opposed to fall - over [...]

Letting property ‘a great investment’

Letting property is an investment that offers "much better benefits than just putting it into your bank,"according to Dan Sawyer of Assetz.The investment consultant, who is also a landlord, said returns are "far better in property"than they are in other types of investment.However, landlords need to ensure they are protected should a tenant [...]

Private landlords ‘see profit margins fall’

Just over 25 per cent of all private landlords in the UK broke even or made a loss in the third quarter of 2009, new research reveals.According to the latest survey from research agency BDRC, of those who fitted into this category, seven per cent made a small loss and one per cent revealed that [...]

Landlords to be told how to reduce void periods

This year's National Landlords Association (NLA) National Conference will include a session dubbed "Avoid the void".Run by Property Woman of the Year 2008 Teresa Galley - who is also a portfolio landlord, agent and NLA regional representative - the event will give private landlords advice on how to advertise their residences effectively.There will also be [...]

Fall in the level of rental stock ‘unsurprising’

It is unsurprising that rental stock levels in the UK fell in October, according to the director of residential research at Savills, Lucian Cook. Accidental private landlords are much more likely to put their properties up for sale in the current climate, he explained.Mr Cook's comments came after the FindaProperty.com Rental Index reported last week [...]

Landlord rent problems ‘more common in recession’

There are more issues to do with landlord rent arrears during times of recession, it has been suggested.According to Ian Potter, operations manager at the Association of Residential Letting Agents (Arla), private landlords should consider taking out insurance policies that protect their rental income.He also claims that it is important that tenants are protected during [...]

NUS: Some landlords charging extortionate prices

Some private landlords in the UK are charging students "extortionate"prices for accommodation, it has been suggested.According to Ben Whittaker, vice-president of the National Union of Students (NUS), research by the organisation indicates that prices are going up each year.While property owners may see this as good news, the students who have to pay this [...]

Andover landlord’s rent complaint

A woman from Andover did not receive any landlord rent from a lodger she let into her home, it has been reported.The Andover Advertiser states that Jemma Kiele lost out financially when her tenant - who was on housing benefit - did not pay her a penny during a three-month stay at her Tintagel Close [...]

Landlord action questioned

The actions of British Waterways - the organisation that officially acts as a landlord for a number of canal-side properties in Bromsgrove - have come under scrutiny.According to the Bromsgrove Advertiser, people living in these homes in Tardebigge New Wharf are on short-term tenancy agreements and have been told that the properties are being sold [...]

NLA urges landlords to voice LHA dissatisfaction

Private landlords across the UK need to team up to let the government know how the new method of paying housing benefit is not working, according to the director of operations at the National Landlords Association (NLA).Richard Price called on property professionals to "join forces"in order to show politicians how money is being wasted [...]