Wednesday, 26 November 2008

Buy to Let Guide


At LetSafe we are trusted by some of the nations largest landlords and letting agents to bring you excellent products and services aimed at the property management, buy to let and lettings markets. As part of our quest to ensure that we offer the best service possible we look for important news from the internet relating to the landlord and letting agent market in the uk as well as keeping a keen eye on the overall dynamics of the property management market.
The Buy to Let Guide was published on the 24th November and the annual report asserts the need for a strong, robust, private rental sector as being a prime element of the housing market overall. The report is in two formats and the results are expected to encourage sensible investment into the rental sector. This also reflects the view taken in the recent Rugg Report, which also stressed the need to encourage and nurture small portfolio owners and individual private landlords.

The report is available through various outlets and the guide (also published electronically) is readily available through ARLA registered letting agents, mortgage brokers and mortgage lenders.

The guide examines the rental market as it stands in today's credit crunch environment and examines factors such as investment in Buy to Let, the tightening of lending criteria and how to find the right mortgage to suit individual circumstances. The guide also also examines the market place, external influences and the changing demands for rental property as well as giving updates to property investors on legal obligations, tenancy agreements, insurance cover, tax and the mandatory requirements of tenancy deposit protection.

Head of Operations for ARLA Ian Potter said, "In troubled times like these, the health of the private rented sector is vital. This new edition of the very successful ARLA/CML annual guide to investment in the sector will help to keep current investors up-to-date and encourage new and long term investment in a part of the property market that will continue to grow. People need to be housed regardless of the kind of tenure they take. This Guide should be required reading for everyone with an interest in the rental market as it is important to understand current market conditions as well as the complexities of being a landlord today."

Most of us working as buy to let professionals, letting agents and property managers are aware that the consensus is that the Buy to Let industry is well placed to weather the storm of the conditions created by the credit crunch, despite the general tightening of mortgage criteria.

For those letting agents and private landlords who need and demand the very best services and products to protect their property investment make http://www.letsafe.net/ your first port of call. LetSafe provide buy to let professionals accross the uk with some of the best landlord insurance products and services available, all backed by our friendly and knowledgable staff at our UK based call centre. World Class service and excellence come as standard at LetSafe.