INSIGHTS
LATEST NEWS, UPDATES DEVELOPMENTS
AND INSIGHT FROM ROMAL
Demand For Rental Property In The UK Increases
Property portal Rightmove last week announced that it experienced its busiest day on record on Wednesday 27th May. More than six million visitors browsed the site, which was also an 18% increase on the same day last year.
Buy-To-Let - When You Live Abroad
Typically, expats are looking to invest in buy-to-let property whilst living overseas, perhaps as a way to provide an income in retirement or even to live in upon their return.
Landlords In Lockdown
Inevitably there will be large numbers of tenants who will be unable to pay rent ‘as normal’ and hopefully they will contact their landlords to let them know their difficulties.
History Shows The Housing Market Can Be Surprisingly Resilient
The Bank has taken the step in an effort to “shore up” the economy as it struggles under the ongoing health crisis. Other central banks across the world have taken similar action.
The UK Interest Rates Are At An All-Time Low What Does This Mean For Investors Overseas
Now, with the ongoing health crisis, the global economy is coming under pressure. In the UK, interest rates are at an all-time low, making mortgage borrowing extremely cheap. Further to this, the pound is low against the dollar, which has been exacerbated by recent events.
What Can Landlords Do To Stop Void Periods In Buy-To-Let Properties?
Void periods can be the bane of many landlords’ lives. Now new research shows they’re becoming less of a problem, but there are still things you can do to avoid them.
Spending Priorities Of Todays Renters
Top savings goals for UK renters include saving for retirement (14%), spending money on their children (10%), buying a car (10%), and leisure activities such as going to the cinema or family days out (9%).