Sharp rise in retired renters

The difficulties younger people face when trying to get onto the housing ladder are well documented. Rising house prices, and tighter mortgage lending criteria, have combined to push the average age of a first time buyer well past 30, consequently younger people are staying in the rented sector for longer. However, the rise in older renters has, so far, been less well covered by the financial press, but new research by the National Landlords Association (NLA) has revealed some surprising results. According to the research: The number of retirees living in private rented ...

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 ...