Property118.com News Team

Paragon Bank reduces rates on buy-to-let mortgages

Paragon Bank reduces rates on buy-to-let mortgages...

Paragon Bank has unveiled a major product refresh and lowered its rates on six five-year fixed-rate, buy-to-let mortgages. The rate cut applies to five-year fixed-rate buy-to-let mortgages, available at...

Compliance – what happens if you get it wrong?

Compliance – what happens if you get it wrong?

Did you know that fines can be over £30,000 now for non-compliance? And that there are 168 new regulations that have been introduced in recent years? Watch this live debate at the Property Investor Show...

Liberal Democrats demand tax perks for EPC upgrades

Liberal Democrats demand tax perks for EPC upgrades...

Liberal Democrats are pushing the government for more EPC reforms in the PRS. The party proposes that all landlords should be allowed to offset their spending on insulation and energy-saving improvements...

UK house prices drop by 1.7% – Rightmove

UK house prices drop by 1.7% – Rightmove...

The average asking price of newly marketed properties in the UK has fallen by 1.7% (-£6,088) this month, according to the latest Rightmove house price index. The report suggests that sellers are adopting...

Landlords slash borrowing amid rising interest rates

Landlords slash borrowing amid rising interest rates...

Buy to let landlords have cut down their mortgage debt by almost 20% in a year of economic turmoil, according to a new report. Octane Capital has compared the total amount of borrowing among BTL landlords...

Landlords in limbo as court chaos continues

Landlords in limbo as court chaos continues...

The courts are taking more than half a year to process possession claims, according to new research. New data released by the Ministry of Justice (MOJ), reveals it takes an average of almost 29 weeks...

Landlord sell-off slows down as rents continue rising

Landlord sell-off slows down as rents continue rising...

Landlords in Great Britain are holding on to their properties as rents soar to new heights, according to the latest Hamptons lettings index. The index, which tracks the activity and trends of the private...

Section 21 evictions reach record breaking high

Section 21 evictions reach record breaking high...

Section 21 court proceedings have reached a record record-breaking seven-year high, according to new research. In figures released by the Ministry of Justice, between July and September this year, 8,399...

MPs urge government not to delay ‘no-fault’ evictions ban

MPs urge government not to delay ‘no-fault’ evictions...

The government has been urged to commit to a timetable for banning section 21 ‘no-fault’ evictions and reforming the court system by the Levelling Up, Housing and Communities (LUHC) Committee.

BTL landlords in mortgage arrears rockets by 29%

BTL landlords in mortgage arrears rockets by 29%...

The number of BTL landlords who are behind on their mortgage payments has rocketed by 29% in the last quarter, UK Finance says. The trade body for lenders said that there were 11,540 buy to let mortgages...

Government promises to cut ground rents

Government promises to cut ground rents...

The government has announced plans to slash ground rents and save homeowners thousands of pounds. Housing Secretary Michael Gove has launched a consultation that aims to cap ground rents at a so-called...

MP urges court reform to protect landlords before S21 is abolished

MP urges court reform to protect landlords before S21 is abolished...

Theresa Villiers MP has spoken in favour of the Renters (Reform) Bill and warned the government needs to address the court delays before abolishing Section 21 – ‘no-fault’ evictions.

New report sheds light on racial discrimination in PRS

New report sheds light on racial discrimination in PRS...

People from ethnic backgrounds are more likely to be ignored when looking for accommodation in the private rented sector, new research claims.  A new study by Generation Rent reveals white people are...

Landbay cuts BTL rates as swap rates fall

Landbay cuts BTL rates as swap rates fall...

Landbay has announced a second round of rate reductions in just over a week, taking advantage of the falling swap rates in the money markets. The specialist buy to let lender has cut its rates by up to...

Londoners face homelessness crisis due to housing benefit freeze

Londoners face homelessness crisis due to housing benefit freeze...

Up to 60,000 Londoners who rent privately are at risk of becoming homeless in the next six years unless the government increases the housing benefit they receive, a new report warns. The report, commissioned...

Fleet Mortgages reduces rates on five-year fixed products

Fleet Mortgages reduces rates on five-year fixed products...

Fleet Mortgages has lowered its rates on all five-year fixed products for standard and limited company borrowers. The rate cuts, effective from 8 November, are 20 basis points (bps) across the board.

UK rents rise as supply falls and house prices remain subdued

UK rents rise as supply falls and house prices remain subdued...

The UK rental market is facing a supply-demand imbalance with rents expected to rise by 4% in the next year, the Royal Institution of Chartered Surveyors (RICS) reveals. Meanwhile, the house price outlook...

King Charles confirms plans for abolishing section 21 ‘no-fault’ evictions

King Charles confirms plans for abolishing section 21 ‘no-fault’...

King Charles has delivered his first King’s Speech as monarch, setting out the government’s legislative agenda for the year ahead. The speech outlined 21 bills that ministers aim to pass in...

Angela Rayner accuses Conservatives of neglecting housebuilding

Angela Rayner accuses Conservatives of neglecting housebuilding...

Labour has promised “to achieve more on housing in six months than the Tories have in six years”. Shadow Housing Secretary Angela Rayner vowed a Labour government would abolish no-fault evictions and...

No crash in sight: UK house prices defy expectations of a fall

No crash in sight: UK house prices defy expectations of a fall...

Economists have revised their forecasts for UK house prices, saying they will not fall this year as the property market defies expectations of a crash, the Telegraph reports. Capital Economics, an economic...

Registered with Property118.com
Thursday 14th July 2011

Total Number of Property118 Comments:
0