Re-Leased’s Post

Is Buy-to-Let Still Worthwhile for UK Landlords? 🏘️📈 With evolving regulations and increased taxes, there’s been a lot of buzz around the challenges facing landlords. Here’s a clear picture: ✅ Consistent Demand: Rental demand continues to grow, with more people choosing or needing to rent. Despite talk of landlords exiting the market, rental properties remain a key part of the UK housing landscape. ✅ Potential for Steady Returns: For those who invest wisely, the buy-to-let market can deliver returns that outperform other financial investments. With rising rents and property values, landlords who plan for the long term can expect healthy yields. ✅ Navigating Market Changes: Changes in legislation may seem daunting, but for landlords who prioritize high standards and work with knowledgeable agents, these shifts can actually benefit their business. Quality rental properties are in high demand, and well-managed properties can attract reliable tenants and stable income. While the market is shifting, buy-to-let remains a viable and rewarding investment for those who do their research and manage properties professionally. If you’re considering starting or expanding your property portfolio, contact us on [email protected] to discuss the opportunities and strategies for success in today’s market! #UKProperty #BuyToLet #PropertyInvestment #RealEstateInsights #RentalMarket #Landlords #InvestingInProperty #UKRealEstate

📊 Gap Between Average Rents in North and South of England Shrinks to Lowest Level in 11 Years 🏡 The difference in rent prices between the north and south of England has narrowed to its lowest point since 2013. According to Hamptons' latest report, tenants in the north are paying an average of £960 a month, while those in the south pay £1,317—a gap of just 37%. 🔻 This is a significant drop from the 43% gap last year and the 55% peak in 2021. While rental prices in the south have risen by 5% year-on-year, northern regions, like the North East, saw increases as high as 12.1%. 📉 London, on the other hand, experienced a modest 2.1% rise in rents, down from a huge 17.1% last year. 📈 Despite the lower percentage rise, renters in southern areas still face steep increases in cash terms. In inner London, a 7.9% increase means tenants are now paying £3,318 per month—£242 more than last year. 🚨 As the rental market shifts, tenants in both regions may be impacted by the Renters Reform Bill, which could push rents higher in some cases. 📍 Stay informed on the latest property market trends. #BusinessTips #InvestorRelations #CulturalSensitivity #Networking #Reciprocity #AsianInvestors #BusinessGrowth #RelationshipBuilding #marvelsuccessworldwidelimited #property #propertyinvestment #realestate #UKPropertyDeals #AsianInvestorMarket #UKPropertyDeals #AsianInvestors #InvestmentOpportunities #BuildingTrust #RealEstate #GuideBook 

Renters face escalating financial strain as rent prices surge by 6.2% compared to last year, according to the Office for National Statistics (ONS). This upward trend is particularly pronounced in London and Scotland, with annual increases reaching 6.9% and 6.8% respectively. Stiff competition for rental properties exacerbates the situation, occurring simultaneously with a shrinking supply from landlords. While the ONS figures reflect prices paid, it's anticipated that those entering new tenancies will face even greater increases, further intensifying the challenge of finding affordable accommodation amidst soaring rent prices. #Redcardinal #propertymarket #propertynews #propertyinvestment #ukproperty #realestate

𝗚𝗼𝗼𝗱 𝗻𝗲𝘄𝘀 𝗳𝗼𝗿 𝗪𝗮𝗿𝗿𝗶𝗻𝗴𝘁𝗼𝗻 𝗹𝗮𝗻𝗱𝗹𝗼𝗿𝗱𝘀 𝗮𝗻𝗱 𝗪𝗮𝗿𝗿𝗶𝗻𝗴𝘁𝗼𝗻 𝘁𝗲𝗻𝗮𝗻𝘁𝘀 The latest data on rent growth since January 2020 highlights significant increases across the UK, providing a promising outlook for landlords, especially those in Warrington. This growth in average rents is most pronounced in the South West, which has seen a remarkable rise of 45.2%. Close behind is the East Midlands with a 39.5% increase, and Yorkshire and the Humber with a 38.5% rise. The North East also shows a substantial growth of 37.3%, while Scotland’s rents have grown by 35.0%. In Northern Ireland, there has been a 34.6% increase, whereas East Anglia’s rents have gone up by 28.9%. The North West and West Midlands have experienced rises of 28.4% and 29.2% respectively. London and the South East, despite being high-cost areas, have relatively moderate increases of 25.6% and 25.5%. Wales has seen the smallest growth in this period, at 22.1%. For landlords in Warrington, this trend indicates a robust investment climate in the rental market. It’s important to note that these figures reflect the rents paid by new tenants. Existing tenancies have not seen such dramatic rises, as government data shows much lower increases for ongoing existing leases. This means that while landlords can capitalise on the current market conditions, it is crucial to consider the broader tenant base to maintain good relationships and avoid unnecessary friction. For more information or to discuss your property needs, be you an existing/potential new landlord or tenant feel free to contact us. Call : 01925 636 855 Email : [email protected] #propertymanagement #warrington #estateagent #lettingagents #WarringtonEstateAgent

🚨 WA Rent Increase Rules Updated! Here's What You Need to Know for 2024 📆 In Western Australia, recent amendments to the Residential Tenancies Act have updated the rules around rent increases. Here’s a quick rundown to keep property owners and tenants informed: ➡️ Fixed-Term Tenancies: Rent can be increased once per year only if it's stated in the lease agreement. A written notice of at least 60 days is required before the increase takes effect. ➡️ Periodic Tenancies (no fixed end date): Now, rent increases are limited to once every 12 months. The landlord must also provide 60 days' written notice before the increase date. These changes apply to all new leases in WA as of 29 July 2024. For pre-existing lease agreements the rent can still be increased as specified within the lease agreement, with the required 60 days notice being issued & atleast 6 months between rent increases. By following these new guidelines, landlords ensure compliance, and tenants gain greater rent stability. 🏠✨ #WARentalUpdates #PerthProperty #RentIncreaseRules

Renters this spring will have more options than they did last year, as a lot of new apartments have been delivered since then. According to data from CoStar, the stock of apartments in the U.S. increased by approximately 600,000 over the last year, and there’s more coming soon. The number of apartments under construction nationwide peaked last summer, but is still near an all-time peak, with just under 1 million units currently being built. Many of these apartments are coming to market now. As a result, we can expect the surge in new apartment supply to continue throughout this year and into the first half of 2025. While renters will have more choices this year, the future supply pipeline of apartments (as measured by apartment starts) is now also falling, and in the long run there is still a national housing shortage. Estimates of this shortfall vary, but the average estimate is about 3 million units of housing undersupply. Currently, there are approximately 1.7 million units of housing under construction (apartments and homes). If all of those units came to market tomorrow ready to sell or lease, we’d still likely have a housing shortage. Of course, all real estate is local, so this shortfall varies considerably by market. An oversupply of apartments will provide renters with greater options this spring and for the remainder of the year. However, the long-term housing shortage will limit the decline in rent growth. Based on current trends, it looks like demand may catch back up to supply in late 2025 or in early 2026. First American Title Phone: 443.741.4540 https://lnkd.in/eZq2mYCE #FirstAmericanTitle #FirstAmericanAgency #FirstAmAgency #FirstAm #titleagency #MDtitle #MDRealEstate #MDRealEstateServices #MDtitleinsurance

🏠 Is it good for tenants if smaller landlords leave the market? Or does it just force rents up?** 💭 Recent data shows a 34% rise in sales of buy-to-let properties and second homes, with landlords feeling the pinch from higher taxes, stricter regulations, and the potential for further capital gains tax (CGT) hikes under a Labour government. This trend has led to a significant reduction in the number of small landlords in the market, particularly in London and the South East. 💼 While some argue that fewer small landlords could lead to better regulation and higher quality rentals, there's a flip side: A dwindling supply of rental properties could drive up rents, making housing even less affordable for tenants. With fewer listings coming onto the rental market, is this exodus of smaller landlords really in the best interest of tenants? Or are we on a path where rents are likely to soar, worsening the housing crisis? 📊 As landlords exit, the market dynamics shift - How do you think this will impact rental affordability and availability? See my new blog on the state of UK buy to let and rental at TableNetwork: https://lnkd.in/e8Z39_mb #UKHousing #PropertyInvestment #TableNetwork #StrongerTogether

Renters this spring will have more options than they did last year, as a lot of new apartments have been delivered since then. According to data from CoStar, the stock of apartments in the U.S. increased by approximately 600,000 over the last year, and there’s more coming soon. The number of apartments under construction nationwide peaked last summer, but is still near an all-time peak, with just under 1 million units currently being built. Many of these apartments are coming to market now. As a result, we can expect the surge in new apartment supply to continue throughout this year and into the first half of 2025. While renters will have more choices this year, the future supply pipeline of apartments (as measured by apartment starts) is now also falling, and in the long run there is still a national housing shortage. Estimates of this shortfall vary, but the average estimate is about 3 million units of housing undersupply. Currently, there are approximately 1.7 million units of housing under construction (apartments and homes). If all of those units came to market tomorrow ready to sell or lease, we’d still likely have a housing shortage. Of course, all real estate is local, so this shortfall varies considerably by market. An oversupply of apartments will provide renters with greater options this spring and for the remainder of the year. However, the long-term housing shortage will limit the decline in rent growth. Based on current trends, it looks like demand may catch back up to supply in late 2025 or in early 2026. First American Title Phone: 443.741.4540 https://lnkd.in/e_D8nEGT #FirstAmericanTitle #FirstAmericanAgency #FirstAmAgency #FirstAm #titleagency #MDtitle #MDRealEstate #MDRealEstateServices #MDtitleinsurance

🚨 WA Rent Increase Rules Updated! Here's What You Need to Know for 2024 📆 In Western Australia, recent amendments to the Residential Tenancies Act have updated the rules around rent increases. Here’s a quick rundown to keep property owners and tenants informed: ➡️ Fixed-Term Tenancies: Rent can be increased once per year only if it's stated in the lease agreement. A written notice of at least 60 days is required before the increase takes effect. ➡️ Periodic Tenancies (no fixed end date): Now, rent increases are limited to once every 12 months. The landlord must also provide 60 days' written notice before the increase date. These changes apply to all new leases in WA as of 29 July 2024. For pre-existing lease agreements the rent can still be increased as specified within the lease agreement, with the required 60 days notice being issued & atleast 6 months between rent increases. By following these new guidelines, landlords ensure compliance, and tenants gain greater rent stability. 🏠✨ #WARentalUpdates #PerthProperty #RentIncreaseRules

For a huge number of #landlords, the UK buy-to-let sector remains an extremely lucrative place to #invest, with soaring tenant demand and record-high #yields. https://lnkd.in/esK_q7p4 #rentalyields #buytolet #propertyinvestment #ukhousing