Accord cuts its buy to let rates again

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Accord Mortgages has announced further reductions to its buy to let product range, with cuts of up to 0.15% across all loan-to-value tiers up to 75%.

The latest changes see two-year fixed rates decrease by 0.15%, with reductions of up to 0.10% for three and five-year fixes.

View Full Article: Accord cuts its buy to let rates again

Rental yields soar to 10-year high

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Rental yields generated by landlords have hit the highest level since 2014, research from Paragon Bank reveals.

The lender’s latest PRS trends report reveals that landlords saw an average of 6.3% in rental yields during the second quarter of the year.

View Full Article: Rental yields soar to 10-year high

Landlords, You Can’t Sell Up! New Rules on Evicting Tenants Within 2 Years

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In this crucial episode of Property Breaking News, Ranjan Bhattacharya and Andrew Roberts discuss the latest legislative changes affecting landlords: a new rule that prohibits evicting tenants within the first two years of a tenancy if you wish to sell the property.

View Full Article: Landlords, You Can’t Sell Up! New Rules on Evicting Tenants Within 2 Years

More BTL lenders announce rate cuts and new products

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Buy-to-Let by Foundation is among a slew of lenders to unveil new products and rate cuts designed to appeal to a wider range of landlords.

The new offerings include:

• Limited Edition Products: Two new limited edition fixed-rate deals

View Full Article: More BTL lenders announce rate cuts and new products

NRLA backs landlord database plan

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The National Residential Landlords Association (NRLA) has thrown its weight behind government plans for a new landlord database, insisting it could be a tool to weed out criminal landlords.

However, it warns against unnecessary red tape for responsible landlords.

View Full Article: NRLA backs landlord database plan

Landlords using OpenRent to lose Rightmove access

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Landlords using OpenRent to find tenants will lose Rightmove access, it has been announced today (6 August).

Rightmove says it has ended its partnership with OpenRent, meaning private landlords using the online letting agent will no longer be able to advertise their properties on the UK’s largest property portal.

View Full Article: Landlords using OpenRent to lose Rightmove access

Potential CGT changes could cost landlords £11,000

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The UK’s landlords could be £11,000 worse off on average if capital gains tax (CGT) rates are adjusted to match income tax rates, research reveals.

Quilter, a wealth management and financial advisory firm, says this potential change, although not mentioned in Rachel Reeves’

View Full Article: Potential CGT changes could cost landlords £11,000

Labour: Landlords can’t evict tenants if it makes them worse off

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Labour is looking to prevent landlords from evicting tenants who have nowhere else to live, the Telegraph reports.

It says government ministers will propose imitating a French scheme which has ‘hardship tests’ that must be followed before an eviction is allowed.

View Full Article: Labour: Landlords can’t evict tenants if it makes them worse off

MFS and Landbay cut BTL mortgage rates in a competitive market

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Specialist lender Market Financial Solutions (MFS) has announced rate reductions across its product range, including its innovative Bridge Fusion product.

The firm has lowered rates on its Bridge Fusion offering, a hybrid of a bridging loan and a buy to let mortgage

View Full Article: MFS and Landbay cut BTL mortgage rates in a competitive market

CLA warns of the economic impact of abolishing FHL tax relief

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The Country Land and Business Association (CLA) has criticised the government’s decision to abolish the Furnished Holiday Lettings (FHL) tax regime, arguing it will stifle economic growth, particularly in rural areas.

The move follows the publication of draft legislation outlining the removal of the FHL scheme from April 2025.

View Full Article: CLA warns of the economic impact of abolishing FHL tax relief