Property118.com News Team

New BTL mortgages from Paragon offer zero fees and cashback

New BTL mortgages from Paragon offer zero fees and cashback...

Paragon Bank has unveiled new five-year fixed-rate buy to let mortgages with attractive features for landlords. The products have no fees and competitive rates starting from 5.80%, and £750 cashback on...

Renters on high salaries increasingly asked to provide guarantors

Renters on high salaries increasingly asked to provide guarantors...

There has been a significant increase in the number of renters on high salaries being asked to provide guarantors, a survey reveals. The findings from the RentTech platform Goodlord come from analysing...

Renters in London see an 8% annual rise in rents

Renters in London see an 8% annual rise in rents...

Rents in London have increased by 8% year-on-year, with the average rent now at £582, Foxtons reveals. The estate agent also highlights that despite the year-on-year increase, the average rent price decreased...

Shelter says 309,000 people will spend Christmas homeless – as it unveils fundraising campaign

Shelter says 309,000 people will spend Christmas homeless –...

At least 309,000 people in England will spend Christmas without a home, including nearly 140,000 children – which Shelter says is an ‘outrage’ as it launches a new fundraising drive.

Landlords sell rental properties in record numbers

Landlords sell rental properties in record numbers...

One firm of chartered surveyors and auctioneers has revealed it has seen a 300% increase in instructions to sell residential buy to let properties in the past five months. Manchester-based Landwood Group...

‘Christmas cheer’ as BOE interest rates remain unchanged

‘Christmas cheer’ as BOE interest rates remain unchanged...

The Bank of England has held firm as interest rates remain unchanged at 5.25%. The decision, which was widely expected by financial markets, means borrowing costs will remain at their highest level for...

Landlords’ complaints over councillor’s ‘entitled parasites’ comment dismissed

Landlords’ complaints over councillor’s ‘entitled...

An independent councillor who referred to private landlords as ‘entitled parasites’ on social media has had complaints against him thrown out by an ethics watchdog, the Edinburgh Evening News...

Council extends and introduces Selective Licensing schemes

Council extends and introduces Selective Licensing schemes...

Wirral council has announced plans to extend and introduce selective licensing schemes for private sector landlords in four areas of the borough, targeting parts of Birkenhead and Wallasey. The schemes,

Rents to increase by 4% in the UK over the next year

Rents to increase by 4% in the UK over the next year...

Rents are expected to rise by almost 4% in the next year as the supply of homes to rent dwindles, the latest RICS UK Residential survey reveals. RICS also reveals that tenant demand is still increasing...

UK house prices take a dramatic drop

UK house prices take a dramatic drop...

House prices in November took a downward shift with a decrease of 4.6%. According to Acadata House Price Index, completed home transactions using cash or mortgages in England and Wales are at their lowest...

Two companies expelled from the Property Ombudsman Scheme

Two companies expelled from the Property Ombudsman Scheme...

The Property Ombudsman (TPO) has expelled two companies for failing to pay compensation to consumers. This year, 13 companies have been expelled from the scheme, down from 18 last year. Now the TPO’s...

New guide for landlords to tackle damp and mould

New guide for landlords to tackle damp and mould...

A new guide to address the issue of damp and mould in privately rented homes has been unveiled to help landlords, agents and tenants. It is the creation of the Tenancy Deposit Scheme (TDS) and the National...

Renters (Reform) Bill will fail without cash help for councils

Renters (Reform) Bill will fail without cash help for councils...

The government’s Renters (Reform) Bill will fail without proper financial support of local authorities to deliver it, MPs have warned. The All-Party Parliamentary Group (APPG) for the Private Rented...

PRS set to bounce back in 2024 despite seasonal dip

PRS set to bounce back in 2024 despite seasonal dip...

The UK’s private rental sector (PRS) is showing signs of slowing down as the festive season approaches, but one expert is predicting a strong recovery in 2024. Nicky Stevenson, the managing director...

Property market remains strong despite economic backdrop

Property market remains strong despite economic backdrop...

Despite economic uncertainty, the property market remains resilient, according to industry professionals. The Guild of Property Professionals says despite the economic backdrop mortgage approvals have...

Rural renters hit hard by rising rents

Rural renters hit hard by rising rents...

Rural renters are bearing the brunt of rising rents which are rising quicker than the average rent price, a new survey reveals. The TDS Charitable Foundation interviewed more than 2,000 private tenants...

Winners of the Property Investors Awards revealed

Winners of the Property Investors Awards revealed...

In a dazzling evening of recognition and celebration, the Property Investors Awards announced the winners for 2023. In its biggest event ever, the awards, organised by the Property Investors Bureau, were...

Smaller landlords look to sell up and exit the PRS

Smaller landlords look to sell up and exit the PRS...

Major structural changes are taking place in the UK’s private rented sector (PRS) with smaller landlords more likely to exit the market than those with larger portfolios. According to The Deposit...

UK rent growth slows after hitting price peak

UK rent growth slows after hitting price peak...

The UK’s rent price growth is cooling down after reaching its highest point in three years with one prediction that rises will drop from 9.7% to 5% in 2024 – the lowest since September 2021.

Green heating plans could drive landlords out of Scotland

Green heating plans could drive landlords out of Scotland...

Scotland’s ambitious plans to phase out gas boilers and switch to green heating systems could see many landlords being forced to leave the country’s private rented sector or pass on the costs to...

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Thursday 14th July 2011

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