Several buy to let mortgage lenders have announced interest rate reductions this week, offering better deals for BTL investors in the UK. Aldermore launched a series of limited-edition buy to let products with reduced rates, including a five-year fixed rate at 4.89% for individual and company landlords with single residential investment properties (at 65% LTV). It is also offering a new five-year fixed rate at 4.99% (at 75% LTV) for the same borrower group. Aldermore's direc

Amid ongoing delays with Universal Credit (UC), one landlord is stepping up to help his tenants. Mick Roberts, one of Nottingham’s largest landlords for benefit tenants, shared with Property118 that UC housing element payments have been consistently late for his tenants over the past three months. This news comes despite government promises to increase housing support for low-income renters starting from April 1. Many landlords, including Mr Roberts, are still receiving paym

Scottish house prices have hit another record high for the third consecutive month, averaging £225,636. According to the latest house price index by Walker Fraser Steele, prices have increased by 2.5% year-on-year and by 0.3% compared to April. This milestone follows recent concerns about Scotland being declared a no-go zone for property investors due to rent caps. Hat trick of record new house prices Scott Jack, regional development director at Walker Fraser Steele, says t