Feb
18

Skipton International UK BTL mortgages now available to foreign nationals

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Skipton International can now consider Buy to Let  mortgage applications from non-UK nationals resident overseas. Previously the offshore lender only offered UK buy-to-let mortgages to British expatriates.

This news follows the decision to considerably expand Skipton International’s investment property lending criteria over the last year to now include Scottish property and can offer lending on studio apartments with a purchase price of £250,000 or higher.

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Feb
18

Leasehold Solutions calls Housing Minister’s select committee evidence a disgrace

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Leasehold Solutions has labelled evidence by Housing Minister Heather Wheeler MP as ‘factually incorrect’ and a ‘disgrace’. Wheeler was questioned by members of the Housing, Communities and Local Government select committee at the final session of its inquiry into leasehold reform.

The post Leasehold Solutions calls Housing Minister’s select committee evidence a disgrace appeared first on Property118.

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Feb
18

Lack of Justice in Housing – Fitness for Human Habitation Act

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Letter to Gareth Johnson Member of Parliament for Dartford:

I refer to the recently enacted Fitness for Human Habitation Act. Raised in parliament by vociferous tenant campaigner, MP Karen Buck, the title of the bill as it initially was

The post Lack of Justice in Housing – Fitness for Human Habitation Act appeared first on Property118.

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Feb
18

Renting more affordable relative to incomes as landlords hold of increases

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The proportion of income spent on rent in the private rented sector has fallen from 35.4% in 2010/11 to 32.9% in 2017/18.

Including income from housing benefit, over the same period the amount of income used for rent by social tenants increased from 26.7% to 28%.

The post Renting more affordable relative to incomes as landlords hold of increases appeared first on Property118.

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Feb
18

Leasehold/Commonhold campaign?

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Apart from the Government’s tax and regulation onslaught against Landlords, they are also affecting many Landlords main assets, i.e. their Leasehold property!

This feudal practice was supposed to be fazed out and replaced by Commonhold. However, successive Governments have chosen to ignore it!

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