Property investment firm Thirlmere Deacon has een a spike in international investors enquiring about forming a limited company, up 62% year-on-year.
The decline in rental growth is driven by areas of inner London where asking rents have fallen by 6.5% compared with Q1 2016.
Steve Griffiths, sales and product director of The Mortgage Lender, said: “Increased choice in the specialist buy-to-let sector is driving better deals for customers.”
The proportion of earnings needed to cover rent is down from the pre-pandemic figure of 64.4%, which Benham and Reeves believes is due to support from the furlough scheme.
Landlords already managing larger portfolios are most likely to purchase, with 31% of those with 11 to 19 properties and 28% of those who manage 20 or more intending on expanding.
Fleet Mortgages found there was an increasing demand from tenants in many regions of England and Wales, which was not being met by supply.
The Nottingham has introduced a number of 65% LTV limited company buy-to-let products.
Copeland is the most affordable place to rent in England, with 14% of annual salaries spent on rent, according to Paragon’s new Rental Affordability Index.
From 1 April 2021, all rented properties need to be certified as safe by way of an Electrical Installation Condition Report (EICR), prepared by a suitably “qualified and competent” person.
The integration will allow users to link their Xero account with their Lendlord account.