Writings for Landlords

Landlords increased the size of their portfolio to an average of 13.2 properties in the first quarter of this year, says specialist lender Paragon Mortgages. This was up from 12.7 properties in the last quarter of last year.

An emergency insurance policy has been launched for landlords who worry that they may have to fix an urgent problem quickly.

An emergency insurance policy has been launched for landlords who worry that they may have to fix an urgent problem quickly.

For the first time in England and Wales, landlords and letting agents can now choose which deposit protection method they use – either custodial or insured – from the same supplier.

The number of tenants in the most serious rent arrears is rising again, a firm of receivers has warned. It says that the number is now 20% above the long-term average, with court orders for possession creeping up.

A new service has been set up to help residential property investors looking for repossessed properties.

Landlords have been advised to be super-vigilant about electrical products that they already have in their properties, plus any new ones they supply, such as fridge freezers, cookers and tumble dryers.

The number of people looking to rent rooms in shared houses and flats appears to be growing as more seek to save money on their living costs.

The Prudential is to enter the UK private rented sector and is close to finalising a deal to buy over 500 homes from the Berkeley Group.

Void periods are steadily falling, along with rent arrears.