Tenants budgets feel the pinch in their accommodation costs as rents are rising faster than incomes.
Affordable accommodation in the private rental sector is becoming ever more scarce, according to new...
40 finance providers ranging from UK clearing banks to hedge funds reported back in a survey by Knight Frank indicating improvements to the residential development finance landscape giving encouragement...
Shawbrook are one of the UK’s leading property investor focused lenders, but as they are not on the High Street and can only be access by authorised brokers they remain hidden from the limelight.
Figures from my|deposits have shown the average tenancy deposit has increased by 34% or £304 since the launch of tenancy deposit protection in 2007.
The data shows that the average tenancy deposit now...
Year on year profit before tax rose 31 per cent to £59m with total revenue increasing by 20% to £80m as Rightmove benefit from the rising housing market
This is partly due to an increase of over 25%...
As reported by Nearly Legal concerning section 21 rules the tenant in Spencer v Taylor has been refused permission to appeal in the Supreme Court, because of the lack of an arguable point of law.
Therefore...
Commenting on the reduction of Green Deal Home Improvement Funds (GDHIF) for solid wall insulation from £6000 to £4000, Richard Lambert, CEO at the National Landlords Association (NLA), said:
“Just...
The final Housing Bill debate (stage 3) has concluded in the Scottish Parliament this evening and the Bill was passed approx 19.15 hrs.
Our policy team have been monitoring carefully and we are pleased...
The West Bromwich Building Society has admitted to overcharging customers upon redemption of their mortgage account.
The long running historic error meant that when a mortgage was redeemed interest was...
The latest HMRC tax statistics show that more than one million properties in the UK has changed hands during the last year.
The monthly property statistics released yesterday shows that there were a...
Letscotland, the largest letting agent representative body, says Labour move is well-meaning but will have unintended consequences
Letscotland, the industry representative arm of Lettingweb, has called...
The Competition and Markets Authority (CMA) has today published new guidance for the lettings industry to improve their understanding and compliance with consumer protection law.
The follows a report last...
The New Interbay commercial Term Refurb mortgage product allows a refurb period for a borrower to enhance the value and earnings potential of a property with a view to holding.
This is a longer term product...
The Office for National Statistics have today released figures analysing household data from the 2011 Census compared to 2001.
The biggest news for the PRS is that 18% of all occupied household spaces...
HSBC has released a report showing the average rental yields for the top Buy to Let hotspots of England and Wales based on data from the Office of National Statistics (ONS) and Land Registry.
This information...
Boris Johnson, the Mayor of London, has launched a new voluntary accreditation scheme for Landlords and Letting agents. It is called the “London Rental Standard” and an accreditation badge...
On the 14th of May last week the Immigration Bill received Royal Assent.
The Immigration Act 2014 contains 77 clauses and changes how the UK’s immigration system works. The Act is designed to reduce...
Newham came top in a report carried out by Shelter on the number of mortgage and landlord possession claims in each Local Authority area for the last year.
The possession claims figures are taken from...
Labour MP Stella Creasy, tabled a motion to amendment the Consumer Rights Bill banning letting agents from charging fees to tenants. The vote was defeated by 228 for to 281 against with all but 3 coalition...
Peer-to-Peer or (P2P) lending is at its most competitive when financing development projects with the largest loan provided to date of £4.1 million.
Key advantages held currently by Peer-to-Peer lending...
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Property118.com Thursday 14th July 2011