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Viewing entries tagged with 'rent'
New regulations have been made to mandatory licensing of HMOs – now defined as multi-occupied properties where there are five or more people, forming two or more separate households.
Build to rent is a growing sector. According to estate agent Savills, at the end of March, there were more than 30,000 completed build to rent properties in the UK – that’s an increase of 34% on the same time last year. *
According to the Office for National Statistics, the number of households in the private rented sector in the UK rose from 2.8 million in 2007 to 4.5 million in 2017. That’s an increase of 1.7 million (63%) households.
Build to rent describes properties that have been designed for rent rather than sale. The developments are usually owned by companies and let directly, or via an agent.
Some of you may be too young to remember the days in when the entire country gathered around the television to watch Changing Rooms hosted by Carol Smiley. Whilst viewing in part for inspiration but also a little bit in each of us hoping for a horrified reaction from the returning home owners due to Laurence Llwellyn Bowen having painted the entire room with red and black dragons.
Whilst 'reports' can sometimes be fuelled by a PR initiative an interesting topic was posed earlier in the week suggesting that luxury renting would become the new home ownership for millennials.
If you’re good at DIY and relish a project, then refurbishment property could be a good investment area for you.
Following on from our post a couple of weeks’ ago on What do minimum energy efficiency standards mean to commercial landlords? we now look at the residential sector.
From 1st April 2018, minimum energy efficiency standards (MEES) for commercially rented properties come into force.
If you’re considering dipping your toe into the water of property investment, you need to know the pros and cons, because like any investment, buy-to-let comes with no guarantees.