One of the worst things that can happen to a landlord is for a good tenant to move out leaving the property unoccupied until a new one can be found. The bills soon mount up if the home is empty and now things have just got worse with a change in the rules about Council Tax on empty properties.
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For some landlords, if there’s any way to reduce overheads, they will find it and use it. From sourcing low cost energy providers, to using landlord insurance comparison sites to find low cost buildings cover. But for some property owners, such considerations are trifling.
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Southampton sees the strongest UK rental yields according to new findings.
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Month-on-month house prices have risen nationally by 0.3% in March, boosted by impressive growth in London’s property market. The figures were released by property analyst Hometrack, which found that prices in the capital rose by 0.7% month-on-month – the biggest increase since February of 2010.
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Residential lettings agents will face regulations for the first time in a change to the law.
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