Buy to let: Renting to students “offers highest rental yield”

Tiny Houses 2As students head back to university and investors look for attractive returns, new research has shown that students can make the best type of tenants for buy to let investors. The research, conducted by the National Landlords Association (NLA), shows property let to students offers an average gross rental yield of 6.7%, much higher than the UK average of 6.1%. At the same time Houses of Multiple Occupation, or HMOs, for short, where a single property is ...

Housing & Mortgage round up: House prices rise again, whilst Green Deal flops

Housing & mortgage round up_istockphotoIt’s been a pretty slow week for mortgage and housing news, saved at the last minute by the Nationwide and Land Registry releasing their latest house price data. Read on to discover whether house prices are still climbing and which region of the UK has seen a 53% drop over the past five years. House prices rise at fastest rate for three years The latest figures from the Nationwide, show a rise in house prices of ...

Mortgage & Housing round up: House prices rise amid fears of another housing ‘bubble’

Housing & mortgage round up_istockphotoJust as the market is recovering from the last housing ‘bubble’ being burst another is being predicted. We’ve pulled together this and the rest of the week’s housing and mortgage news, including a rise in mortgage lending, plus news that borrowers in the north of the UK are more likely to be in negative equity or have arrears and a look at the rising cost of renting. Mortgage arrears and negative equity worse in ...

Housing: New warning on house price ‘bubble’

iStock_000007190810XSmallDespite the effects of the last housing slump still being felt by many, there are concerns that government policies could be creating a new housing ‘bubble’. The warning comes from the Building Societies Association (BSA), who is concerned that assistance given by the government to homebuyers, particularly via the Help to Buy scheme, could “inadvertently” create a new housing ‘bubble’. Paul Broadhead, Head of Mortgage Policy at the BSA, said: “We are pleased that the Government shares our commitment to get the housing market moving, ...