Thousands of Buy-to-let landlords face negative equity
It's common knowledge amongst estate agents, that First Time Buyers fuel the real estate market. With mortgage providers tightening their lending restrictions, Buy-To-Let investors who purchased residential property in the last few years are seeing Capital Growth & Rental Yield plummet as rental income falls and mortgage rates rise.
Private landlords consider increasing their potential market
More than 23,200 people with 100% mortgages could owe more than their home is worth, the BBC learns. But the forecast isn't all doom & gloom. Smarter investors are looking at multi-lets as a way of increasing rental yield and reducing vacant periods. Whilst Buy-to-let landlords in suburbia are considering niche property markets such as 'pet-friendly-rentals' which increases your potential market.
Landlords search for tenants
The smartwaytorent.com recently reported a strong increase in demand for rental property in the Thanet area of Kent, which is an encouraging sign for landlords with property to rent in Thanet
Whilst demand is still strong in The City
With all the national news focusing on the downturn in the property market, London Property Consultants, Callum Roberts are finding an unexpected upturn in rentals in The City and The City fringe areas of London.
*Source: hotpropertywebsites.co.uk/propertynews...Labels: landlords, tenants
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