Rental market more accessible to landlords
Housing prices are lower than they have been for some time. Rising tenant demands and falling house prices and new stamp duty holidays have made the market more accessible to landlords.
Landlords are thought to make a killing on let property during the credit crunch with figures showing that there is a high demand for rented properties.
Many applicants are unable to secure a mortgage in the current economic climate and some tenants are waiting for the housing market to stabilise whilst others prefer the flexible approach of only been tied into a property for a certain period of time.
With all this in mind, if landlords are thinking about expanding their portfolios now is the perfect time.
Don’t forget to insure your let property with www.insuremyletproperty.co.uk.
September 29th 2008
- New era of council house seems to be the answer
- Fines and falling rents to hit new forced landlords
- Where are all the forced landlords living…
- Families relying on renting to keep then afloat.
- Londons house prices take a dramatic fall
- Properties used as a future pension are facing trouble
- Stamp duty uncertainty is a gift to landlords
- 8.8 Decline on House Prices
- London Landlord Property Exhibitions
- Buy to lets can flourish as long as you have the right tenants