Personal Finance News

01/11/12 - Money advice in increasing demand, says study
31/10/12 - Payment barriers exist for disabled and older people, says study
31/10/12 - Gender differences apparent when financial planning
31/10/12 - Half of Brits shop with a basic credit card, says study
30/10/12 - Number of Brits sitting on forgotten direct debits - 2.68 million

News archive

News

16/03/2010 17:15:31

New landlords 'struggling to pay creditors'

Landlords who have entered the rental market in the last three years are struggling to cope financially with the economic downturn, it has been suggested.

IVA.com recently reported that during March of this year there was a 53 per cent increase in the number of buy-to-let investors having difficulties paying their creditors.

Mark Garner, managing director at LettingZone, suggested that financial difficulties would be more likely for new landlords as if they "didn't really have the cash flow there to maintain it then obviously they have got problems now and, if they were reliant on capital growth, they have desperately got problems".

However, he added that long-term professional landlords have never been in a better situation as interest rates are at an all-time low.

The Royal Institution of Chartered Surveyors recently found the number of new rental properties being made available on the market had fallen for the second consecutive quarter.

Your Financial Adviser	General Financial Planning	Investment & Saving	Retirement Planning	Personal Insurance	Mortgages & Loans
Find An Independent or Restricted Financial Adviser	Why financial planning and your financial planner is important	Get Investment Advice and Make the Most of Your Money	Financial Retirement Planning for your future with a financial adviser	Personal Financial Insurance Advice for you and your family	Borrowing and Repaying Money: Mortgage, Debt and Loan Advice
What to expect from an FSA authorised financial adviser	Plan with the help of a financial advisor to achieve your financial goals	Investments Advice and Money Savings Advice	Get Retirement Advice – Take action to enjoy life after work	Life Insurance Advice – Preparing for the unexpected	Mortgage advice from your adviser – How mortgages work
Financial Risks, Financial Planner Qualifications and the Financial Adviser	Importance of Financial Planning	Savings Accounts and Saving for The Future	Saving for Retirement – There are a variety of ways to save	A range of different insurances	Credit Advice – How much can you borrow
Find A Financial Adviser	Strategic Financial Planning in Your Twenties	Shares, the Stock Market and Property Investing advice	Pensions Advice – Existing pension plans	Health insurance Advice	The different types of mortgages
	Financial Planning Priorities in your thirties	Different types of investment	When to retire? Practical ways to secure comfortable retirement	Review Your Insurance and Protection Plans	Understanding mortgage fees and charges
	Refining your finance planning in your forties	Prioritising your investment strategies and goals	Pension Advice from an Financial Adviser	Getting help from a local financial adviser or financial planner	New mortgage, Remortgage or buy to let – Mortgage advice to suit you