Retirement: Buy to let or a pension, which is best?

InterrogationsBuy to let investing has boomed over the past few years, indeed research from Knight Frank shows that more than 10 million people now live in private rented accommodation. At the same time the pensions landscape has changed; returns are lower, many ‘gold plated’ Final Salary pensions have closed and the State Pension age is rising. So, as more people look to improve their retirement incomes, how does buy to let investing stack up against a pension? What at the ...

Renters to increase by a million over the next five years

iStock_000022387205XSmallDespite the efforts of the Government to encourage more people to buy their own home, new research has shown the number of renters is on the rise. The figures from high end estate agency Savills, have predicted a 21% increase in the number of people renting their home, equivalent to an extra million people, by 2018. In London, where property prices have risen significantly over recent months, the increase is set to be even higher, at nearly 25%. Six million renters According ...

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 ...

Mortgages: 60% of renters can’t afford to buy a home

iStock_000001437287_ExtraSmallDespite various government initiatives, such as the Funding for Lending and New Buy schemes, new research has confirmed renters are finding it increasingly hard to get onto the housing ladder. The figures from the estate agent, Right Move, show the number of people ‘trapped’ in rented accommodation has reached the highest level for over two years. The study of 3,000 people found: 60% of renters said they could not afford to buy a home Only 15% of people surveyed said they were on track ...