Nottingham Letting Agent Property Blog

The buy to let property sector is still receiving a lot of attention in the press, and as always there are reports of high rental yields that can be achieved. But is this really the truth, and if it was that easy wouldn't everybody be doing it? The truth can be somewhat different. Although the rental yields can seem a lot more attractive than the abysmal rates for savers, being a landlord is a lot of hard work and can be quite stressful. One thing to consider is whether or not you actually have the time to manage the property, or...

The shortage of decent housing has created a new type of family, where one home is shared by multiple occupants, according to Confused.com. Its report has found more single people are unable to buy a home on their own, and sharing is one way of getting around this problem. The study looked at finances and friendships of single people in the UK, and found 57% feel confident they have at least one friend they would trust enough to purchase a property with. Another 59% would think about taking out life insurance on their co-owner. Just under a third would choose to...

At the end of last month the Inland Revenue announced that private landlords should be prepared to receive a knock on the door during the next few weeks, as it's launched a new task force to help recover unpaid taxes which are estimated to be up to £17 million. The specific details aren't yet known, but it's thought that the task force will concentrate on landlords with houses of multiple occupancy, and those providing temporary accommodation. It will be concentrating on private landlords in a number of areas, including Nottingham. If it's successful then it’s likely it will be extended to...

The number of buy to let mortgages on the market is now 26% higher than in the second quarter, according to a report in Property Wire, and there is now a choice of over 500 products, compared to just 400 in the previous quarter. This increase in products is in response to the continuing demand from buy to let investors as the rental sector continues to strengthen.The report found that complex buy to let deals give the best yields, but new products aimed at investors looking to purchase smaller Houses in Multiple Occupation have caused yields for this type of property...