Call 020 8088 9012
Quick Call Back

Name

Telephone Number

Email Address

Best time to contact

"No fees, no voids and no management for three years for me, I'm very happy. Trustworthy, fast and professional. Everything I could wish for."

5/5 Stars.

Mr S Sutherland
South London

Call 020 8088 9012
3let Our Charity Partner Reg Charity No. 1095197
Live Help
Powered By:Crafty Syntax
Our Latest Tweets
Call 020 8088 9012
Live Help
Powered By:Crafty Syntax
Property Club Savings
Quick Call Back

Name

Telephone Number

Email Address

Best time to contact

Call 020 8088 9012
www.justlandlords.co.uk

guaranteed rent

Guaranteed Rent | Property market shares lag flat European indexes on fear of price rise hike

Guaranteed Rent | Property market shares lag flat European indexes on fear of price rise hike

Guaranteed Rent – A British property firms led a pullback in European indexes on Friday after the Bank of England (BoE) flagged issues about loose mortgage lending and flagged the prospect of a cost hike.

Guaranteed rent Guaranteed Rent | Violence in oil-wealthy Iraq hit broader market sentiment as a result of it boosted oil costs, with gas-thirsty airline stocks among the worst hit whereas oil majors gained.

The euro zone Euro STOXX 50 index was down 0.1 % at three, 279.seventy three factors while Britain’s FTSE was down 0. 3 percent. Rent guaranteed

Property corporations, British Land and Land Securities had been among the prime failures after BoE Governor Mark Carney stated rates of interest may rise sooner than financial markets expect and that he was concerned by indicators that mortgage lending requirements had been turning into looser.

Guaranteed Rent | Airlines EasyJet and IAG and cruise operator Carnival also under performed, all down round 1.2 PC as Brent futures rose towards $114 a barrel.

U.S. President Barack Obama threatened army strikes in Iraq in opposition to Sunni Islamist militants who have surged out of the north to menace Baghdad and want to establish their very own state in Iraq and Syria.

I’d reasonably be quick (European shares) in the intervening time, mentioned Justin Haque, a pan-European broker at Hobart Capital Markets. Guaranteed Rent

The market has lived in a blissful state, however we’re not wanting warning signs: there is a warfare in Iraq and Carney wants to raise rates.

Guaranteed Rental is a great way to take advantage of the strong letting market without having to handle the headaches. Please contact us on 020 8694 8098 for extensive references to see how we can help you today.

Rents defy the wage squeeze

Guaranteed Rent is a great way to take advantage of the strong letting market without having to handle the headaches. Contact Guaranteed Rental today on 020 8694 8098 to find out more.

London & Stamford has announced yet another acquisition in the housing market. The real-estate investment trust (Reit) set up by industry veterans Raymond Mould and Patrick Vaughan already owns two London developments, one in the old Arsenal football stadium in Highbury and the other on the Thames in Battersea, and now it has agreed to buy 107 homes under construction just north of the City of London. There are even rumours of a long-term plan to build a stand-alone residential Reit.

This is odd, because London & Stamford – which we recently tipped (Buy, 131p, 27 May 2011) – was launched in 2007 specifically to buy crashed-out commercial property, and still defines itself as a commercial property investor on its website. Yet Mr Mould and Mr Vaughan have been seduced into housing by expectations of strong rental growth. They are not alone: British Land recently bought a courtyard development in the City, and those few analysts that cover the residential sector are also unanimously bullish on rents, even outside London.

That’s good news for buy-to-let investors, as we have reported (IC, 6 Apr). But the bullishness demands further attention, because it runs against the prevailing economic wind. The Office for National Statistics recently reported a 2.7 per cent year-on-year drop in the real disposable income of households in the first quarter of 2011. That well-documented ‘squeeze’ – the result of a public-sector pay freeze and private-sector wage restraint combined with inflation – is playing havoc with retailers and retail landlords. So why are the same forces not depressing residential rents?

The most obvious reason is that housing is a basic human need, unlike many goods for sale on the high street. In theory, households can choose between renting and buying. But in the current climate for lending, only the privileged few can afford to buy. “It’s no longer sufficient to have a good income, or lots of equity – you need both,” observes Mark Weedon, head of residential services at data provider IPD. The sale and purchase market is consequently depressed and the rental market buoyant, even in economically challenged areas of England such as the North East.

Second, the infamous UK housing shortage is not going away. The number of households in England has grown every year since annual records began in 1971, at a rate averaging 0.8 per cent per year, and nothing indicates this growth will stop. Meanwhile, tight lending conditions are keeping a lid on house building. Just 146,960 UK homes were finished in 2009-10, by far the lowest figure since records began in 1951 (although housing starts have since bounced back slightly).

That imbalance leaves households with little choice but to put up with higher rents, even if it means they have less income for other goods. Lucian Cook at Savills says the poor outlook for household income is already factored into his estimates of 7 per cent growth in mainstream (ie non-prime) rents this year and 6.5 per cent in 2012. “There will be some hardship, and it will make it harder and harder for people to save for a deposit to buy, but housing is a necessity,” he says. Paradoxically, rising rents may entrench the growth of the private rented sector by making home-ownership even more unattainable.

Neil Young, chief executive of Young Group, which owns and manages properties in South London, thinks tenants will cope by trading down to smaller properties rather than compromising on location. But he also warns landlords not to be too “greedy” and to carry out checks to make sure tenants can afford a rent hike.

Otherwise landlords may face arrears and voids, which can be far more costly than the potential gain from a higher rent. According to LSL Property Services, 9.3 per cent of all UK rent was unpaid or late at the end of June, and commercial director David Brown expects that figure to rise. “We’ve yet to see the full effects of public-sector job losses, and as inflation remains high many tenants’ finances will face mounting pressure,” he warns.

By Stephen Wilmot from http://www.investorschronicle.co.uk/InvestmentGuides/Property/article/20110722/263b2ad4-b2e2-11e0-a7cc-00144f2af8e8/Rents-defy-the-wage-squeeze.jsp

See if we can help you today with guaranteed rent

Rental costs hit £700pm to reach record high

Guaranteed Rent is a great way to take advantage of the strong letting market without having to handle the headaches. Contact Guaranteed Rental today on 020 8694 8098 to find out more.

Rental prices in England and Wales have risen by 0.7 per cent in June and the average rent is now just over £700, which represents a new record high.

High demand for rental property from tenants and the lack of supply of rental property has fed the rise in rental costs, in part caused by the difficulty first-time buyers have in getting onto the property ladder, has led to rental costs rising for the fifth month in succession, according to the latest LSL Buy-to-Let Property Index.

In June, the average rent in England and Wales breached £700 for the first time, rising from £696 in May to £701 in June. Rents in London are the highest, reaching £1,006 in June and rising at the fastest pace, an annual increase of 6.9 per cent.

The capital is also seeing an increase in cases of gazumping where a landlord rejects an accepted offer in favour of a higher price.

David Newnes from LSL Property Services said: “In areas like London where competition for rental property is most intense, it’s not unheard of for rental properties to be let within a day of coming on to the market.”

Other areas in the UK that saw a marked increase in the cost of rental property were the West Midlands and the North East which saw increases of 4.6 per cent and 5.1 per cent respectively. Rents increased by two per cent in the West Midlands in the last month alone.

Only three regions saw a fall in rental prices and they were the East Midlands, the South East and Yorkshire & the Humber.

The amount of buy-to-let mortgages available has increased which has encouraged landlords to invest further in rental property. New research released by Mortgages for Business, a buy-to-let broker showed that there are now over 400 mortgage products designed for buy-to-let landlords on the market compared to 298 in April, a 35 per cent rise. This and the lack of supply of rental property mean that rental yield is up from 5.1 per cent in May to 5.2 per cent in June.

Source www.myfinances.co.uk/mortgages/2011/07/16/rental-costs-hit-700pm-to-reach-record-high

See if we can help you today for guaranteed rent for landlords

Customer Testimonials for our Guaranteed Rental Scheme

Customer Testimonials

"No fees, no voids and no management for three years for me, I'm very happy. Trustworthy, fast and professional. Everything I could wish for."

Mr S Sutherland
South London