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October, 2011
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Landlord

UK unemployment rose by 114,000 between June and August to 2.57 million, a 17-year high, according to official figures.


The Office for National Statistics (ONS) said the unemployment rate also increased to 8.1%.

The unemployment total for 16-24 year olds hit a record high of 991,000 in the quarter, a jobless rate of 21.3%.

The number of people out of work and claiming benefits rose 17,500 to 1.6 million in September.

Other figures showed a record cut in the number of part-time workers, down by 175,000, and there was also a record reduction of 74,000 in the number of over-65s in employment.


The Employment Secretary, Chris Grayling, said that what the UK was now seeing was "the impact of the international financial crisis".


 Read the full BBC article here


With UK unemployment reaching a 17 year high and rents continually rising, how safe is your rental income?

Landlords are you setting aside a proportion of your monthly rental income to ensure you can pay your buy to let mortgage if your tenant falls behind with the rent or you have to “write off” void periods, pay legal and eviction costs?

An alternative hassle free way to rent out your buy to let investment property is our rent guarantee scheme. With no agency fees or set ups costs we guarantee you a rental income each month of the tenancy agreement, with no void periods or chasing rent.

Why not rent your property hassle free visit www.rentguaranteecardiff.com for more information.

WebLetz a Cardiff Letting Agent provides a host of letting agent solutions for landlords in Cardiff and across South Wales including:
·         £120 Professional Tenant Finders service
·         5% Property Management  fee
·         Rent Guarantee and Rental Income Insurance
·         HMO tenant finders and property management services
Webletz a Cardiff Letting Agent can be contacted via email info@webletz.co.uk  or by telephone 0845 496 0000.
 Why not visit Cardiff Letting Agent  to register for our FREE guides:
Reduce Void Periods and Receive Rent on Time

 

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