UK Buy-to-Let Investors Must Know! Mortgage Interest Rate Warning

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Attention, UK property investors! If you’re diving into the world of buy-to-let investments, you can’t afford to miss this crucial update.

In today’s video, Ranjan Bhattacharya unravels a pressing concern that every savvy investor should be aware of – the looming warning about mortgage interest rates.

View Full Article: UK Buy-to-Let Investors Must Know! Mortgage Interest Rate Warning

More BTL lenders reduce mortgage rates

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More buy to let mortgage lenders are reducing their rates in a boost for landlords.

This week has already seen Paragon, Landbay, Accord and Penrith Building Society all lowering their BTL rates.

They have now been joined by:

• New and existing customers can benefit from lower fixed rates from Coventry for Intermediaries.

View Full Article: More BTL lenders reduce mortgage rates

Section 21 issue with a tenant in situ?

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Hello, My tenant has been in the property for a very long time, even before I purchased it in 2006. I have tried to sell the property with them in situ but no takers which I tried for around 6 months.

View Full Article: Section 21 issue with a tenant in situ?

Landlords urged to undertake regular inspections as tenants break rules

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A survey has revealed that 83% of landlords in the UK have experienced breaches of their tenancy agreements by their tenants.

The research is from Direct Line and the insurance company is now urging landlords to inspect their properties more frequently to avoid potential issues.

View Full Article: Landlords urged to undertake regular inspections as tenants break rules

Awaab’s Law: Government announces crackdown on unsafe social housing

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The Government has unveiled new plans to crack down on unsafe social housing to protect tenants in support of its pledge to deliver Awaab’s Law.

Named after Awaab, a two-year-old boy from Rochdale who died from a respiratory condition caused by extensive mould in the flat where he lived.

View Full Article: Awaab’s Law: Government announces crackdown on unsafe social housing

The UK’s first Good Landlord Charter unveiled in Greater Manchester

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A consultation on a new scheme to raise the quality of rented homes in Greater Manchester has been unveiled by the Mayor Andy Burnham.

The Good Landlord Charter is the UK’s first initiative of its kind, bringing together landlords and tenants to agree on a set of standards for social housing and the private rented sector.

View Full Article: The UK’s first Good Landlord Charter unveiled in Greater Manchester

New BTL mortgage options unveiled by Foundation Home Loans and Shawbrook

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Foundation Home Loans has unveiled a new five-year fixed rate buy to let mortgage for both acquisition and refinancing needs.

The BTL mortgage has a rate of 5.64% for loans up to a 75% LTV ratio

View Full Article: New BTL mortgage options unveiled by Foundation Home Loans and Shawbrook

Industry body seeks input from landlords over eviction guidance from councils

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It’s an all too common practice for local authorities to tell tenants to stay put when facing eviction.

This causes not only complications for the tenant but also the landlord as they deal with the legal costs and uncertainty.

View Full Article: Industry body seeks input from landlords over eviction guidance from councils

Will the abolition of Section 21 solve the housing crisis?

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One of the big issues for the ‘housing crisis’ is that so many groups, commentators and tenants welcome the abolition of Section 21 as a panacea.

But I have yet to meet a landlord who actually believes that removing section 21 would make things better.

View Full Article: Will the abolition of Section 21 solve the housing crisis?

UK house prices rise in 2023 – but are set to fall in 2024

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The UK’s house prices rose by 1.1% in December – the third month of consecutive growth – and showed a surprise annual rise of 1.7%, Halifax reveals.

The current average cost of a house is £287,105, which is an increase of £4,800 compared to the previous year

View Full Article: UK house prices rise in 2023 – but are set to fall in 2024