Bedroom tax threatens to displace thousands of tenants, the rental market grows, a Leeds landlord is fined, and ARLA gets a new President.
Landlords to see rental income skyrocket and increase their portfolios while demand continues to surge, and the taxman wants his share.
Halifax recently released a report that looked at the key trends and developments in the UK housing market from 1951 to 2011, using 60 years of research comprising their own extensive data and other data sourced from the Office of National Statistics and the Communities and Local Government Department. Unsurprisingly, it contains some rather interesting information!
A recent survey of the Private Rental Sector during April 2012 has revealed that almost 72% of landlords are more confident in the UK buy-to-let market in April than in March, quite an immense increase.
With about one in five of the population living in rented accommodation, the lettings market is overflowing with customers. But that does not mean that landlords can be complacent and assume, the numbers being what they are, that tenants are going to just waltz into their property without any effort.
We have had an unprecendented demand for 1 and 2 bedroom flats and houses accross Leeds so far this summer, so much so we're offerring a Guaranteed 4 week let for any Landlords with 1 and 2 bed professional properties.
As we reach the halfway point of 2012, with the English summer producing a typical mix of sunshine and torrential downpours, thoughts of ice and snow are firmly out of the heads of all right-minded people. Well, almost all. Planning ahead is never a bad idea, so here's a few things to consider in the lead-up to next winter:
We have now entered into student changeover period! Between now until the middle of July, the tenancies on student accommodation in Leeds will come to an end.