Insights

October 2023 Croydon Property Market Snapshot

New data has unveiled a 2.8% annual depreciation in Croydon house prices, slicing £11,500 off the typical home’s value (House Price Index, August 2023).

Navigating the Current Landscape of Buy-to-Let Mortgage Rates

Read our detailed mortgage update for landlords on how to navigate the changing landscape of buy-to-let mortgage rates. We highlight the recent surge to an average of 6.54% from last year’s 4.67%. Influenced by the Bank of England’s base rate hikes, the elevated rates emphasize the importance of considering overall mortgage costs.

Learn to closely monitor economic indicators, government policies, and lending market trends, and to conduct comprehensive research and seek expert consultation to make informed investment choices.

Amidst the market uncertainty discover the homes2let guaranteed rent scheme for hassle-free property management and secured rental payments.

The Pros and Cons of Fixing Mortgage Products for Buy-To-Let Investors

Fixing your mortgage interest rate can provide financial stability and predictability, it can also limit your flexibility as a buy-to-let landlord. It is important to weigh up the pros and cons and consider your personal circumstances before making a final decision. Seeking professional advice can help you make an informed choice about what is best for you and your portfolio.

The Biggest Change In Renters’ Law In A Generation

The new Renters Reform Bill changes the balance of power in favour of tenants, because it will increase their security and peace of mind. The new law could make it difficult and costly for landlords to evict tenants or sell their properties.

The Top 5 Most Common Landlord Insurance Claims

The importance of specialist landlord insurance cannot be over-emphasised. With the risks higher for rental property than everyday residential property, the financial repercussions of not having adequate cover in place can be considerable. To help landlords plan to reduce risk, we look at the top five biggest risks posed to landlords, which inevitably result in landlord insurance claims.

Property Value Growth in England Spells Good News for Buy to Let Investors

The values of homes across England have increased by 80 per cent in the past decade. The rental market specifically has grown 105 per cent to represent a staggering value of £1.5 trillion, with £529 billion of that in London alone. With growth like this in the rental sector, it would seem those investing in buy to let property are set to win hands down.

Updated Advice for Landlords on Right to Rent Checks 2022

Right to Rent checks are set to face reforms at the start of the new tax year on 6th April 2022, with 5th April marking the end of the COVID-related temporary adjustments which allowed checks to be carried out virtually. From 6th April onwards, there will be a new permanent online solution which will allow right to rent checks to continue to be carried out remotely, for all nationalities, and with enhanced security.

Surge in Rent Arrears Sparks Call for Landlords to Protect Their Investments

UK landlords are being prompted to make sure they have appropriate strategies in place to protect their property investments following a recent surge in rent arrear cases. With government data revealing that rent arrears amongst private tenants have increased, and almost two thirds of landlords reporting that they’ve had to absorb arrears-related losses from their savings, it is vital that some form of landlord rent arrears insurance is in place to mitigate future financial issues.

What the Delay to Making Tax Digital Means for Landlords

Originally due to be introduced in April 2023, HMRC Making Tax Digital for Income Tax has now been pushed back to April 2024. What this means for taxpayers and, in particular landlords, is the subject of this latest post.