Harlequin Property update: Investors face compensation delays

Update Harlequin 150pxHarlequin Property investors seeking compensation look to be facing additional delays after an announcement from the Financial Services Compensation Scheme (FSCS). According a notice published on their website, the FSCS has seen a significant rise in the number of complaints relating to Harlequin Hotels and Resorts, often referred to simply as Harlequin. The notice goes on to say that the FSCS can only pay compensation where it is “satisfied that authorised firms which have gone out of business are legally liable for any losses potentially suffered by Harlequin investors.” In news ...

Retirement: Boost for Income Drawdown investors

Boost - Blue ButtonRetirees who use Income Drawdown to turn their pension into an income, rather than an Annuity, have been given a boost as rising gilt yields have increased the maximum amount of income which can be taken each year. Income Drawdown is the traditional alternative to an Annuity purchase and allows the retiree to remain invested in a range of assets, often including stocks and shares, whilst drawing an income directly from the pension fund. Income Drawdown rates rise The maximum income which ...

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 ...

Buy to let landlords see bigger yields outside London

House OpportunityAccording to new research conducted by Move with Us and Home.co.uk, landlords now see the highest buy to let rental yields outside of London. The new research investigated two bedroom properties which are currently on the market for both sale and rent. The research revealed that lower upfront costs and more reasonable rents are likely to be behind the rise in yields, outside London. The research revealed the highest returns are outside of London, by a considerable distance: Returns in Nechells, Birmingham were up to 10.6% New Romney, Greatstone-on-Sea and Littlestone-on-Sea, In Kent, ...