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Showing Category: Rent
As Bristol First-time Buyers are Being Locked Out of the Bristol Property Market – Rents Have Risen by 6.2%
With the banks reducing the number of low deposit mortgages (i.e. deposit of 10% and below) since Covid-19 hit in the spring, this has meant that the number of Bristol first-time buyers has been decreasing quickly, meaning many of those would-be Bristol buyers wanting to make the first step on the Bristol property ladder are having to […]
‘Generation Rent’ to Become ‘Generation Buy’?
Boris Johnson has attracted both praise and horror in equal measure with a new plan for 95% mortgages to help beleaguered first time buyers to get on the property ladder, but would that expose UK taxpayers to too much risk? In this article I discuss the implications of what that would mean both nationally and […]
THE PROS & CONS OF BECOMING A LANDLORD IN BRISTOL
The buy-to-let market in Bristol is about to enter a challenging 12 to 24 months. Yet by looking back at the last recession and what is happening now, there are vital lessons all Bristol landlords can learn to protect themselves, and in fact create opportunities for themselves both in the short term and ultimately the […]
The ‘Trapped Landlords’ of Portsmouth
Going into lockdown in March, the Government proclaimed a ban on tenant evictions, pledging that no tenant in a private rented home, who had lost their wages due to Covid-19 would be kicked out of their private rented home until the late summer. Fast forward to August and the press were being briefed as late […]
What’s happening with the buy-to-let market in Portsmouth?
What’s happening with the buy-to-let market in Portsmouth? …. and should Portsmouth landlords & Portsmouth homeowners be worried? In 2019, the private rented sector accounted for just over four and a half million households or 19.9% of UK households, no change from the year before. Interesting, when compared to the proportion of private rented […]
94,789 People Live in Rented Accommodation in Portsmouth
That number surprised you didn’t it? With the General Election done, I thought it time to reflect on renting in the manifestos and party-political broadcasts and ask why? As the best way to tell the future is to look at to the past, so we decided to look at the number of people who rented […]