New landlords can avoid the pitfalls of the private rented sector by using a lettings agent
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Figures from Homelet show that the average rent for a UK home is now £806 per month. This is a record according to the Homelet Rental Index published by the credit referencing agency. In August the average rent went up by 2.1% on the month before. In London the average rent being paid by tenants is a whopping £1,272 per month.
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Draft proofing and modern heating systems should be taken into consideration
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Expert claims that more people are looking to invest in the country after new figures showed that property prices fell by 5.9 per cent in the second quarter
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The Council of Mortgage Lenders and the FSA have been taking a good look at the bridging loan market and are concerned about the potential for poor business practice. The market has grown rapidly in the last few years and there have been some adverse comment in the media about the way some lenders have been behaving.
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