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Two more BTL lenders cut rates to support landlords...

Two major buy to let lenders, Accord Mortgages and Landbay, have announced rate reductions on their products that will help landlords facing affordability challenges. Accord Mortgages has reduced its interest...

9:53 AM, 17th October 2024, About a month ago | 1

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Just 5% of London’s rental homes are affordable to low-income...

There has been an alarming decline in affordable homes to rent in London, with only 5% of properties being accessible to low-income households relying on Local Housing Allowance (LHA) to cover their rent.

Renters’ Rights Bill could overwhelm England’s tribunals...

The English tribunal system is already overburdened and ill-equipped to handle the potential surge in new claims stemming from the Renters’ Rights Bill, research reveals. Proptech company Reapit...

0:03 AM, 17th October 2024, About a month ago | 8

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Landlords sell more homes to owner-occupiers as investor interest...

Most homes sold by landlords are now being purchased by owner-occupiers instead of other investors. According to research by Hamptons, in 2024 more than 80% of properties sold by landlords were bought...

Rent and mortgage costs surge as landlords brace for potential...

Rent and mortgage costs have surged after hitting a 17-month low, according to a new report. Barclays Property Insight report reveals a 4.5% year-on-year rise in rent and mortgage costs, a sharp increase...

Britain’s largest trade union demands rent controls and...

Britain’s largest trade union argues the “Renters’ Rights Bill must go further in addressing affordability”. UNISON is calling on the government to introduce rent controls and extend eviction...

Tenant demand surges amid supply shortages and budget concerns...

Tenant demand continues to outpace supply as landlords worry about the upcoming October budget. According to Propertymark’s Housing Insight Report, tenant demand is on the rise, with registrations jumping...

Annual rents rise by 8.4% – and house prices grow by 2.8%...

Rents in the private rented sector (PRS) rose by 8.4% in the 12 months to September, official data reveals. The figures from the Office for National Statistics (ONS) show that the rate is the same as recorded...

0:01 AM, 17th October 2024, About a month ago | 0

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BTL lenders unveil new products and rates...

Foundation Home Loans’ specialist lending brand, ‘Buy to Let by Foundation’ has expanded its product range to cater to a wider range of landlord needs. The new additions include BTL mortgages...

0:06 AM, 16th October 2024, About a month ago | 1

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Landlords face steep challenge to meet EPC targets – Shawbrook...

The government’s ambitious target of requiring all private rented sector (PRS) properties to have an Energy Performance Certificate (EPC) rating of C or above by 2030 has sparked huge concern among...

0:05 AM, 16th October 2024, About a month ago | 7

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Buy to let sell off as rental properties flood the market...

The number of buy to let properties on the market has rocketed over the last year, according to new data. Figures from TwentyEA reveal, 11.3% of all new properties listed for sale in Q3 2024 had previously...

BTL landlords remain optimistic despite challenges...

The majority of buy to let landlords remain optimistic about the future performance of their property investments, despite recent challenges, a survey reveals. The research from Butterfield Mortgages shows...

0:02 AM, 16th October 2024, About a month ago | 0

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Rents reach new highs as landlords prepare for Budget impact...

The UK’s private rented sector continues to face upward pressure, with average advertised rents outside London reaching a new quarterly record of £1,344, Rightmove reveals. The property platform’s...

Scottish Property Federation warns rent controls could harm housing...

A leading industry body warns Scotland faces “a lack of supply” if rent controls are not implemented properly. Speaking at the Scottish Property Federation dinner, chair of the organisation, Stuart...

Tenant groups demand rent caps as Labour faces pressure to tackle...

Tenant activist groups and trade unions are demanding the Labour government “devolve power to Metro Mayors and regional authorities to introduce rent caps”. In a letter to Angela Rayner, groups including...

UK landlords worry about their future under Labour...

The future of the private rented sector (PRS) is a major worry for 75% of landlords, research reveals. The findings from the Simply Business’s Landlord Report highlight that the year so far has been...

Generation Rent claims renting harms a tenant’s mental...

Renting privately in England is apparently so traumatic that it’s having a devastating impact on tenants’ mental health, Generation Rent reports. The tenant campaign group has carried out a...

Chancellor urged to consider stamp duty reforms amid EPC costs...

Lenders and mortgage brokers are urging the Chancellor to “carefully consider” landlords in light of upcoming EPC regulations. In a letter to Chancellor Rachel Reeves, the Mortgage Advice Bureau along...

0:03 AM, 15th October 2024, About a month ago | 4

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New service launched to simplify landlords’ void management...

A new service designed to streamline the handling of bills during void periods for landlords and agents and tenants has been unveiled. The Void Management service from the rent tech platform Vouch automates...

0:02 AM, 15th October 2024, About a month ago | 3

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Chancellor Rachel Reeves eyes capital gains tax hike to 39%...

Chancellor Rachel Reeves could hike capital gains tax to a whopping 39%, according to The Guardian. The newspaper reports the Treasury is testing a range of 33%-39% for capital gains tax to fill in the...

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