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Higher fixed fees on a larger mortgage might actually be justified, if it gets you access to highly competitive interest rates. For instance, using the very basic example of a £200,000, 20 year loan. The overall cost of a fee free mortgage with an APR for comparison of 4.5% is £303,672.00. The...

Crime statistics in the local area tend to have a large impact. A buyer has the means to check this quite easily, and even if they don't one can generally make a quick assumption about an area one has just visited. As for amenities, proximity to transport links, shopping and entertainment go...

Hi Rikkers, Recent trends evidenced in documents like the Countrywide letting index and HPI from the Land Registry suggest that tenant demand is growing fastest in the South of England, particularly the South East, and London. However, yields in these areas are actually on average slightly...

I'm not surprised; with property prices facing another stagnant year and little new property entering the market, rent will likely continue to climb - prospective yields will dictate lending, and demand will push up said yields accordingly. Savvy investors will prosper in such an environment...

It's no surprise to see London having had a fairly static year; if it were to grow at the rate shown in the North East, say, an overwhelming number of renters would be priced out (especially considering the tendency in London to take larger security deposits and up-front rental payments). The...

True, but this also means that people are less inclined to purchase BTL. The overwhelming majority of landlords are between 35 and 55 and have owned their properties for over five years, according to ARLAs Q3 survey. There has been a mild increase in the average number of properties owned, but...

An interesting, particularly (to me, at any rate) the increase in BTL borrowers turning to short-term fixed rates. I suspect the usual case of investors regularly remortgaging to capitalise upon the best deals remains, but fixed term has simply become more competitive than variable for this...

Hi there, It is indeed legislation in England, Wales and Scotland that you must protect your tenants' deposit in a deposit protection scheme and within 30 days of the commencement of the tenancy inform your tenants of the following details of the scheme: - the rental property address and the...

I think that this is good advice, though the higher end of student accommodation needn't be all that investors consider. I feel that proximity to campus (or a bus route thereto) and amenities - a cheap supermarket, local shops and bars - will still be more of a deciding factor in the popularity...

If you rent it out you will have to declare any income to the inland revenue so check that out first. Also, (and this is my area) you will need to either get permission from your existing mortgage lender or remortgage on a buy to let mortgage. Buy to let mortgages are typically more expensive...