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Rental arrears are falling and landlords are getting an average of almost 10 per cent in annual yields, making the buy-to-let sector an attractive proposition according to The Online Letting Agents. There is little sign of the buy-to-let rush abating with 45 per cent more mortgages on offer now compared with a year ago. At… Continue Reading
Category Archives: News
Enter our Landlord Survey Now for a Chance to Win £150 Cash!
At The Online Letting Agents we’re keen to hear your thoughts about the current rental market and would like to offer you the chance to tell us what you think – it’ll only take a few minutes! As a thank you for your time, all completed surveys will be entered into a prize draw to… Continue Reading
Landlord’s Plan to Invest More in BTL
According to research from Paragon Mortgages, landlords plan to increase their investment by 5.6 per cent this year. 41 per cent of landlords have an increased level of optimism concerning their property portfolios. The figure rises to 43 per cent among large-scale landlords, but drops to 33 per cent for individuals who only own a… Continue Reading
Property Reporter Interview
Warren Lewis, from the Property Reporter, recently caught up with The Online Letting Agent’s very own Eleanor Carroll. Read the full interview here Continue Reading
Rent Arrears Falling
According to statistics from Templeton LPA, part of LSL, severe rent arrears have fallen by 35% in the last 12 months. In 2012, the number of tenants in serious arrears peaked at over 116,000, compared to just 68,000 now. The number of landlords in mortgage arrears is also at it’s lowest level since 2008, with… Continue Reading
Fewer Voids in Last Quarter of 2013
According to a study commissioned by Paragon Mortgages, void periods fell in the closing months of 2013. In the third quarter, around 36% of landlords experienced at least one void period, but this figure dropped to 34% in the last quarter. The length of void period was also reduced in the last quarter. The typical… Continue Reading
Student Lets – a Booming Market Place
Student property has been the highest-performing asset class in recent years, according to reports, but is this really an investment opportunity not to be missed, or should you tread carefully? At first glance, landlords do seem to be in the property market driving seat with the number of people renting almost doubling to 8.5 million… Continue Reading
Over Half of Landlords Live Within 10 Miles of Their Rental Properties
According to research from Countrywide Residential Lettings, around 56% of buy-to-let landlords live within a 10 mile radius of their rental properties. In the North East and North West, this figure reaches to around two thirds of landlords living within 10 miles of their rental properties. Letting agents are often asked where the best area… Continue Reading
Private Tenants Happier than Social Tenants
According to statistics from the English Housing Survey, tenants in the private rented sector (PRS) are more satisfied with their home than their counterparts in social housing. 83% of people in the PRS stated that they are happy with their accommodation, compared to 81% of social tenants. It was also revealed that during the period… Continue Reading
Target your Rental Market
If you have a vacant property you will want to find new tenants quickly. In order to do this, you need to make sure your property is perfect for any potential tenant. First things first is to work out exactly who your potential tenants are. That doesn’t necessarily mean the person you’d like in an… Continue Reading