landlords unhappy with lenders

Although the buy-to-let mortgage market is improving month by month, both in terms of the numbers of lenders and products and the deals on offer (see our LPC Mortgage update below for the 2015 outlook), a recent survey by leading online letting agent PropertyLetByUs.com shows landlords' deep dissatisfaction with the situation.

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Our Secret Agent - the vicar who was left out in the cold

In the first of an occasional series we have tapped into an informant working at A Letting Agency Somewhere in the South of England. She (or he?) will leak humorous stories to us - what can you learn? We open with a salutary tale of the vicar who couldn't get back into his home.

 Houses in Multiple Occupation worth it?

Is the return on Houses in Multiple Occupation (HMOs) worth it?

In his usual monthly assessment of the buy-to-let mortgage market, Andy Young of LPC Mortgages takes a look at the products on offer for HMOs. Run properly an HMO can give a higher yield than if the same property were rented out to one tenant but is it enough to offset the additioanl administration required?

True cost of renting: UK tenants now pay £298 in fees alone

A recent survey of more than 4,000 flat and house sharers by SpareRoom.co.uk has revealed that tenants are now charged an average of nearly £300 when taking out a tenancy including opaque 'admin costs'.

Buy-to-let mortgages - what's in store?

In his regular BTL mortgage update Andy Young of LPC Mortgages reviews activity throughout 2014 and looks forward to 2015. Will the improvement in the number and flexibility of the products on offer continue to increase? Or will interest rate rises halt the rise of competition in the market?

‘Right to Rent’ checks introduced for West Midlands landlords

Landlords and agents will now be expected to check tenants' citizenship and residency permits. The first scheme went live in the West Midlands on 1st December. This press release from the Home Office gives all the details.

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