Property118 | Author: Property118.com News Team - Page 174

Emergency Coronavirus Bill (HC Bill 122)...

The government has released its emergency Bill for legislation introducing emergency powers to tackle the spread of Coronavirus. Click here However, on initial skim reading and form the contents list it...

Bank Base Rate cut to 0.1%...

The Bank of England’s Monetary Policy Committee (MPC) convened a special meeting and voted to cut Bank rate to a record low 0.1% and increase holdings of UK government and corporate bonds by £200...

Landlords must now work collaboratively with their tenants...

On 18 March, the government announced that landlords will be blocked from evicting tenants who cannot pay their rent because of job losses or having to look after their children as a result of Coronavirus.

Coronavirus could worst case cost BTL sector £14.9bn in 3 months...

The latest research by Ome has found that the impact of the Coronavirus could cost buy to let landlords nearly £14.9bn should tenants be unable to pay rent during the three month support period announced...

Three month mortgage payment holiday extended to Buy to Let...

The government has announced a radical package of measures to protect renters and landlords affected by coronavirus. As a result, no renter in either social or private accommodation will be forced out...

NRLA welcomes support for PRS...

The NRLA have welcomed government action to support landlords and tenants affected by Coronavirus. In a joint statement, the Residential Landlords Association and the National Landlords Association said:...

Temporary solution to rent payment issues following Covid-19...

Government advice to restrict the spread of Coronavirus is, and will obviously have, a detrimental knock on effect to levels of employment, wages and self employed income. Jeremy Corbyn and the Labour...

14:01 PM, 18th March 2020, About 5 years ago | 16

£3.2m Council funding for rough sleepers to self-isolate...

Rough sleepers, or those at risk of rough sleeping will be supported by £3.2 million of initial emergency funding if they need to self-isolate to prevent the spread of coronavirus (COVID-19). The funding...

London renting more affordable than Lisbon, Valletta and Dublin...

Research by the international rental marketplace, Spotahome, has revealed that Lisbon, Valletta and Dublin rank higher than London for relative rental unaffordability. Looking at the average net salary...

Call for package of measures from government and lenders...

NRLA are calling for a package of measures from Government and mortgage lenders to support tenants and landlords affected by the Coronavirus. In a joint statement, the Residential Landlords Association...

Petition calls to freeze rents, S21 and S8 for Covid-19 outbreak...

Acorn, a Left Wing community based union of working class people, is petitioning the government to: – Enact temporary rent freezes for renters suffering with the virus or self isolating for the period...

48% of landlords considering divesting – Aldermore...

Aldermore’s latest Buy to Let research, surveying 1,000 UK-based landlords, reveals that nearly half (48%) of landlords are considering divesting due to an increase in regulation and rules. The rule...

Coronavirus – How it affects HMO Landlords...

Coronavirus COVID-19 will affect HMO Property Landlords, buy to let property investors and the property market in the UK. In the video below, Ranjan considers how HMO Property investors and the HMO Property...

BTL max age now 99 for Gatehouse bank...

Gatehouse Bank has relaxed its age criteria for Buy to Let mortgages increasing the maximum age at the end of the term, from 85 to 99 years. The 99 year age only applies to borrowers relying solely on...

10:08 AM, 13th March 2020, About 5 years ago | 0

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