Around 200,000 or 18% of house purchase transactions fall through every year with the Telegraph reporting that the Department for Business Innovation and Skills have been in talks with the National Association...
New figures from Zoopla show that the average discount on asking price for property has increased to £25,265 (up £4,000 on January) and that 29% of all properties on the website have had their asking...
Amid what looks likely to be slowing growth figures for April, the Bank of England is predicted in the inflation report due this week to produce its most detailed analysis on the risks of Brexit and the...
A second round of shares in LettingSupermarket.com went live to members of the Seedrs Crowdfunding Platform just six days ago and has already achieved over 50% of the target fund raising level.
Interest...
The share offer in LettingSupermarket.com has gone live to the general public via the Seedrs crowdfunding website. Please Click Here
The crowdfunded share offer was restricted to Property118 members...
This could be a historic day for all Buy to Let Landlords!
The case of MARK ROBERT ALEXANDER (as representative of the “Property 118 Action Group”) Claimant – and – WEST BROMWICH...
Right to Rent checks became a legal requirement for landlords to carry out on tenants from February this year. This controversial requirement has been seen by many landlords as an unnecessary extra responsibility...
The Credit reference agency Equifax have reported that Buy to Let sales were down in March by £1.04billion which equates to 26.2% month on month.
This is rather surprisingly despite the predicted last...
In a report issued by Reuters Manchester Building Society is “fighting for survival”
The future of the mutual is thought to be in doubt after they wrote to customers warning them to keep...
PRESS RELEASE
Mark Smith of Cotswold Barristers has confirmed the date and time of the Court of Appeal hearing in the case of MARK ROBERT ALEXANDER (as representative of the “Property 118 Action...
In reply to our complaint Click Here the BBC has sent this standard reply to everyone:
“Thanks for getting in touch with us about BBC Business Correspondent Joe Lynam’s reports on changes for...
Mortgage Express have written to many landlords warning about a review of current interest rates and repayment types.
The concern of readers is that Mortgage Express may be looking to break mortgage contracts...
mydeposits is delighted to announce the launch of its new government-authorised custodial tenancy deposit protection service in England and Wales today (1 April 2016).
The scheme also unveils a new-look...
From 1st April 2016, tenants have the right to request consent from their landlords to make energy-saving improvements for the properties they rent.
Landlords will not be able to refuse their consent...
A report by Lendinvest indicated that out of 105 post code areas 14 had and average house price below £125,000. This will mean that with the 3% surcharge on Stamp Duty for second properties below this...
Bridging Finance is often the fastest and most flexible way of raising capital and the most commonly used purposes can be split into 3 categories.
1. A property is unsuitable for mortgage purposes
Renovation:...
In an effort to stem the perceived risk of Buy to Let on the housing market, the Bank of England have imposed new guidelines on lenders to tighten underwriting standards that have slackened since the credit...
Professor Philip Booth has spoken out against the Chancellor’s latest attack on landlords in the 16th March Budget.
This is his statement:
‘The 2016 Budget was not a good Budget for tax neutrality.
BBC Radio 4 current affairs programme “You and Yours” are planning on more coverage of Mr Osborne’s attack on the private rented sector and the effects of Clause 24 and the extra 3% SDLT.
They urgently...
Paragon Mortgages, one of the original lenders to help develop the Buy to Let market, has requested the Chancellor halt any further financial attacks to discourage Buy to let landlords ahead of tomorrows...
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Property118.com Thursday 14th July 2011