Landlord News
16:58 PM, 28th November 2024, About 9 hours ago|
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Kent Reliance for Intermediaries (KRFI), part of the OSB Group, has introduced two new limited edition buy-to-let (BTL) product ranges to assist brokers in supporting their landlord clients.
The first range, designed to offer affordability, features lower fees starting at £799. Key features of this range include:
2-year and 5-year fixed-rate options
75% and 80% loan-to-value (LTV)
Loan amounts between £100,000 and £750,000, across three tiers.
Lower interest rate
The Intermediary Mortgage Lenders Association (IMLA) has issued a stark warning that increased government regulation on the private rented sector (PRS) could lead to significant rent hikes.
In its latest report, 'Vital role of the Private Rented Sector', IMLA highlights the importance of the PRS, which currently houses 20% of UK households.
The report expresses concern over the potential impact of the Renter's Rights Bill and stricter energy performance standards on landlords.
Letting agents in the UK are facing a huge financial blow, with government figures revealing potential losses of nearly £400 million over the next decade due to the Renters' Rights Bill.
The Impact Assessment, published by the Ministry of Housing, Communities and Local Government, estimates that the Bill will lead to a 41% increase in agency losses compared to the previously proposed Renters (Reform) Bill.
This is primarily attributed to fewer landlords opting for agency servi
If you’ve decided you’ve had enough of being a landlord, now’s the time to pay attention to an incredible trend: buyer demand for property companies is skyrocketing.
Investors are increasingly interested in buying property companies as a whole...
With electric car manufacturers threatening to pull out of the UK over strict EV targets, why are landlords still subject to EPC rules when they are hurting both landlords and tenants?
Under the current mandate, a percentage of cars that firms sell must qualify as zero-emission....
Blackpool Council has approved a new selective licensing scheme which will come into effect on 1 April 2025.
It says the scheme will address poor management practices by some private landlords and ensure higher standards for tenants....
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