WHAT ARE THE KEY BUY TO LET OPPORTUNITIES IN 2022?

We’re quickly heading towards that time of year when many people tend to have one eye on the past and one on the future. For landlords, 2021 has proved to be an opportunity-laden year and there’s plenty of optimism in the air to suggest that 2022 will see the private rental sector become an even more prominent focal point within the economy, the housing market, the mortgage industry and the intermediary community. 

One area already looking well ahead into the new year is the student community which – after a sustained period of uncertainty, remote studying and living far afield from campuses – has seen numbers return in their droves. A move which is bolstering rental demand in the larger, student-heavy areas which really suffered over the course of the pandemic. 

THE ONGOING POTENTIAL ATTACHED TO SHORT-TERM RENTALS

As the travel and hospitality sectors continue to battle ongoing challenges, these are areas which landlords and investors are keeping a close eye on in a bid to increase yields and diversify their portfolios. Holiday and short-term lets have risen in prominence over the course of 2021 to reflect ongoing international travel limitations, the rise of the staycation and the attraction for Airbnb-type properties.

This trend is likely to continue as opportunities are becoming more evident for property professionals in urban areas, as well as coastal areas, as the UK gradually opens its borders to more tourists. In addition, some workers and their employers are opting for short-term lets as more flexible and secure places to stay whilst heading back into their London offices.

GREEN MORTGAGES SET TO PLAY VITAL ROLE IN THE FUTURE OF PROPERTY

In the last few weeks we have seen many world leaders, delegates and famous faces jet in and jet out, stay awake and fall asleep at the COP26 summit in Glasgow. The lasting impact remains to be seen but, if nothing else, it’s encouraging to see such widespread coverage of this event and the awareness being raised around the huge climate-related challenges which impact us all.

THE CONTINUED RESILIENCE OF THE BTL SECTOR

The medium to longer term effects of the pandemic continue to have a major bearing on various industries, sectors and individual businesses within these. The housing and mortgage markets have been fortunate to emerge from these challenging times relatively unscathed, although it’s evident that some homeowners, landlords and tenants have suffered to some degree. And we can’t, and mustn’t, ignore the financial strain being placed on such people.

PROUD TO BE SUPPORTING MOVEMBER 2021

Dynamo and Dynamo for Intermediaries have embarked on a new challenge: Movember 2021. The team members will be either growing a moustache or committing to run or walk 60km throughout November in order to raise funds for Movember UK’s important work.

A growing number of men – around 10.8M globally – are facing life with a prostate cancer diagnosis. Globally, testicular cancer is the most common cancer among young men. And across the world, one man dies by suicide every minute of every day, with males accounting for 75% of all suicides. Since 2003, Movember has funded more than 1,250 men’s health projects around the world, challenging the status quo, shaking up men’s health research and transforming the way health services reach and support men.

TENANT DEMAND SHOWS FURTHER INCREASE

One of the most positive stories to hit the buy-to-let sector in recent weeks centred around tenant demand hitting an all-time high in Q3. This headline emerged in research from Paragon Bank which outlined that almost seven in 10 (69%) landlords said they had seen demand grow in Q3 – the record high – with 36% describing this happening to a ‘significant’ level.

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