Life is meant to be much easier for landowners in the UK if the conclusions of a report by the Law Commission, which are currently in final design stages, should be implemented.
If you have a buy to rent property or are considering joining the growing band of landowners, it is important that you are aware of the new legislation in relation to the proposed lease. This is designed to eliminate some of the headaches associated with the legal aspects of the lease.
Apparently there is a growing demand for rental properties with new investors entering the market. This causes a growing number of specialist lenders offering buy to rent comprehensive package of mortgages. Therefore, there are plenty of tips and available funds, if you want to enter the market, and now it seems as if the actual lease is set to be much simpler, too. Many landlords and tenants agree that this change has been long delayed.
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