Property118.com News Team

MPs urge ministers to open pensions to buy to let

MPs urge ministers to open pensions to buy to let...

Calls to boost buy to let by upgrading pensions to include residential property are gathering momentum in Parliament. An influential select committee of MPs is urging the government to streamline pension...

Task force targets criminal ‘beds in sheds’ landlords

Task force targets criminal ‘beds in sheds’ landlords...

Beds in sheds landlords are the target of a new government campaign to crack down on shoddy housing. Housing minister Grant Shapps is spearheading the battle against the spread of ‘suburban shanty towns’...

Landlords ask courts to evict 65 tenants every day

Landlords ask courts to evict 65 tenants every day...

Buy to let landlords filed nearly 6,000 claims to evict tenants in the first three months of the year, according to the latest Ministry of Justice figures. County courts handle around 65 new cases every...

Landlord repairs targeted in health and safety crackdown

Landlord repairs targeted in health and safety crackdown...

Health and safety inspectors are cracking down on landlords who fail to manage building projects on their rental properties – even if they employ professional builders to do the work. The Health...

Paris Overtakes London for Rents

Paris Overtakes London for Rents...

London has dropped to second in the rankings for most expensive capital to rent in as rents in Paris takes on the mantle. Rents in the French capital are now three times more than Shanghai and Mumbai.

SAFEagent Launches its Awareness Week

SAFEagent Launches its Awareness Week...

SAFEagent is launching a ‘week of activity’ beginning on May 14th until 20th May, aimed at raising awareness of the scheme with tenants and landlords. As part of the week there will be national and...

Buy to Let Arrangement Fees Reduced by Godiva and Platform

Buy to Let Arrangement Fees Reduced by Godiva and Platform...

The Coventry Building Society has cut rates and fees on buy to let loans through subsidiary Godiva. Two year fixed rates are offered at 4.30% at 65% loan to value with a £250 booking fee and no arrangement...

1 in 5 Mortgage Applications are for Buy to Let

1 in 5 Mortgage Applications are for Buy to Let...

Buy to let mortgage applications make up one in five of all home loan applications, according to one of the UK’s largest estate agents. Haart also claims buy to let remortgage applications reached a...

‘Buoyant’ buy to let lending sinks by 5%, lenders report

‘Buoyant’ buy to let lending sinks by 5%, lenders report...

Buy to let borrowing was down 5% in the first three months of the year after a barnstorming end to 2011. In figures that revealed buy to let is treading water rather than buoyant, new landlord loans totaled...

Crystal Mortgages Reduce Three Month Bridging Loan Rate

Crystal Mortgages Reduce Three Month Bridging Loan Rate...

Independent commercial mortgage finance & bridging loan specialist Crystal Mortgages has reduced its three month bridging loan to 0.75% per month, a cut of 0.5%. The change is available up to 70%...

Property business pre-nups can stop family feuds

Property business pre-nups can stop family feuds...

Money and blood often don’t mix – which is why so many families go to war over their ‘fair share’ of cash. With so many wealthy business people and celebrities drawing up marriage pre-nups,

Tenants quiz landlords over permission to let

Tenants quiz landlords over permission to let...

Let to buy landlords who move and rent out their home because they cannot sell the property are finding more tenants want to confirm they have a mortgage lender’s permission to rent. More letting agents...

£85,000 ‘missing’ as letting agent traded fraudulently

£85,000 ‘missing’ as letting agent traded fraudulently...

Fraud investigators uncovered a ‘missing’ £85,000 from a failed letting agent that ran into financial problems after the supervising franchise closed. Peter Swatton, 55, admitted fraudulent trading...

Confidence in housing market is falling, say estate agents

Confidence in housing market is falling, say estate agents...

House price confidence is dropping away as prices fall and buyers melt away, according to estate agents. One in five estate agents reported drops in April as hopes for future price rises hit the lowest...

Property118 Landlords Newsletter – Issue 113

Property118 Landlords Newsletter – Issue 113...

This week’s edition features Julie Ford looking at the rise of virgin landlords and Ben Reeve-Lewis delves deeper into his Tenancy Relations Officer role. There is also news of buy to let mortgage...

Buy to let shines as mortgage lending slumps to 40 year low

Buy to let shines as mortgage lending slumps to 40 year low...

Buy to let lending was the only bright point in a year when mortgage lending slumped to the lowest levels for almost 40 years, according to the Council of Mortgage Lenders (CML). Landlord loans were up...

London’s cheapest home is a £41,000 boat

London’s cheapest home is a £41,000 boat...

A garage hitting the market with a staggering £525,000 asking price in upmarket Knightsbridge, West London, has prompted a look for the cheapest homes for sale in the capital. For homeseekers looking...

All change on the buy to let mortgage front

All change on the buy to let mortgage front...

Co-Operative Bank buy to let mortgage customers can breathe a sigh of relief as the wholesale scrapping of interest only loans does not include buy to let borrowers. The bank’s specialist property investment...

HMO landlord pays £13,000 for ignoring repair order

HMO landlord pays £13,000 for ignoring repair order...

A shared house landlord who ignored council orders to upgrade his property was ordered to pay more than £13,000 in fines and costs by magistrates. A team from Selby Council swooped on the house in multiple...

Pets are not a landlord’s best friend

Pets are not a landlord’s best friend...

With former homeowners being forced back into the rental market, The Association of Independent Inventory Clerks has warned landlords to either be prepared for pets or look for the signs of undeclared...

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Thursday 14th July 2011

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