UK house prices stabilise amidst interest rate cuts

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The average house price in England and Wales dipped slightly in July to £360,630, marking a modest 0.1% fall, the e.surv house price index for July reveals.

Despite monthly fluctuations, prices have remained relatively stable over the past quarter

View Full Article: UK house prices stabilise amidst interest rate cuts

Should I include tenant’s partner on the tenancy agreement?

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Hi, in need of some advice. I rent out a flat in a university town, very often to international students.

I have an international student arriving in September who will be paying 6 months’ rent in advance (for the initial tenancy of six months which will be renewed all being well).

View Full Article: Should I include tenant’s partner on the tenancy agreement?

Scottish housing bill faces criticism as rent control warnings ignored

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An industry body is “disappointed” over a lack of changes to the Scottish Housing Bill.

Propertymark has criticised the Scottish government for not taking on board amendments suggested by various industry groups including the impact rent controls could have on the private rented sector.

View Full Article: Scottish housing bill faces criticism as rent control warnings ignored

Goal and Strategy Setting for New Property Investors

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Setting a SMART goal and having a step-by-step strategy is the first thing anyone looking to invest in property needs to focus their attention on.

SMART stands for Specific, Measurable, Achievable, Realistic, and Time bound. It’s crucial to be precise with your goal and to have a step-by-step strategy in place before getting sidetracked by anything else.

View Full Article: Goal and Strategy Setting for New Property Investors

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