Landlord Confidence Soared in 2023 Despite Rising Interest Rates
There’s no doubting 2023 was a challenging year for landlord borrowers and that a much higher interest rate environment presented the bulk of those challenges, particularly for those who were coming off deals and rates from two/three/five years’ back when we had historically low rates.
Insights into the autumn BTL market
As we enter the Autumn season following an unexpected early September heatwave, it's a crucial period for the BTL sector, which has faced a fair share of heat from various angles, including the market, economic factors, and interest rates.
The resolute nature of the BTL market
Given the significant economic upheaval witnessed in recent times, many landlords throughout the UK have undertaken a thorough review of their financial standing, the efficacy of their property portfolios, and, in certain instances, reconsidered their short-term, medium-term, and long-term buy to let objectives.
Changing working patterns aren’t supported by automated underwriting
It’s fair to say that our working lives, the way get paid and the jobs we do is changing, recent research by Censuswide revealed that one in 10 UK employees which is approximately 4.5 million people were considering taking a second job or already have done
Helping your landlord clients ensure rental yields, voids and profitability remain robust
There’s no denying that landlords and their tenants are living in some challenging times. However, strong rental yields and diminishing void periods are contributing to profitability.
Over two-thirds of landlords unlikely to purchase a non-EPC compliant property
Over two-thirds of landlords (68%) say they would now be less likely to purchase a property if it has an Energy Performance Certificate (EPC) rating of below C – the level at which anticipated legislation is likely to be introduced for all new and existing private rental sector tenancies from 2025 onwards.
Stable yields and strong demand support landlord investment
Rental yields and tenant demand are holding firm for landlords’ property investments, however profitability of portfolios was slightly down on the previous quarter, according to the latest Q4 2022 BVA BDRC Landlord Panel research report.
Popular BTL properties and tenant types
Landlords have always had to carefully assess any property investment and take a huge number of considerations into account to ensure it fits into their portfolio and be a profitable investment in its own right over the medium to longer term.
Rising rents and attractive property types
Dynamics across the rental sector have always been fluid, and the requirements of a variety of rental properties continue to evolve in terms of length of tenancy, space, property type and location, especially with the emergence of a new remote working culture. A lack of supply and heightened demand is also combining to drive rental prices higher.
How sustainability is changing the housing market
Sustainability has become an essential goal for many different businesses over the last few years, where sectors would look at how environmentally conscious they are being. One of the main sectors that’s seeking out to include sustainability and tackle climate change is the housing market.