We now sit on an upward curve of mortgage rate rises which looks set to be consistent for 2022. Landlords are not only battling this but also a tightening of the lending criteria. What does this mean for landlords and how can landlords mitigate the impact of the current financial climate?
A Rightmove.co.uk survey of over 20,000 listings has shown a 38% spike in demand for properties offering rent with bills included vs other search criteria for properties. This is a product of a significant shift in the way tenants are approaching affordability. So how are their attitudes changing?
Tuesday’s Queen’s Speech has confirmed the much anticipated reform to the private rental sector, including changes to Section 21 and the introduction of the Leasehold Reform Act 2022. If you’re a landlord, or involved in property, you’ll want to understand what this might mean for you.
Did you know that rents are increasing at the fastest rate for 5 years and yet 20% of London landlords plan to exit the market? We dive into the details and give you our take on what to expect for the rest of 2022 and how some landlords are increasing their returns in the face of rising costs.
The power of Let to Buy is something we find many Landlords are unaware of, particularly when combined with a co-living model like we run here at Lyvly. This can be central to a Landlord either looking to start a portfolio, or to enable an onwards move to proceed by removing the need to sell.
Welcome to the first Landlord blog of 2022 from all of us here at Lyvly. We aim to bring you some of the lettings market talking points including predictions and forecasting for the year ahead, while also sharing with you our successes as we go from strength to strength, riding the wave of the burgeoning co-living sector.