London council to expand its selective licensing scheme

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A London council is looking at a significant expansion of its selective licensing scheme which will cost landlords £923.

After being launched in four wards, the scheme will now cover most of the borough, impacting an estimated third of Lambeth’s dwellings in the private rented sector (PRS).

View Full Article: London council to expand its selective licensing scheme

The Rise of Corporate Landlords: Are We Heading Toward a Rent Monopoly?

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The Rise of Corporate Landlords: Are We Heading Toward a Rent Monopoly?

There’s a new player in the UK’s private rented sector—one that’s threatening to fundamentally reshape the way tenants experience renting. As small landlords leave the market, driven out by crippling taxes and increasing regulations

View Full Article: The Rise of Corporate Landlords: Are We Heading Toward a Rent Monopoly?

Rent growth will slow down – but remain higher than inflation

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Rent price growth is set to slow down but will still outpace inflation, Hamptons reveals.

The estate agency is predicting that rents will rise by 4.5% in the final quarter of 2024 – and by the same amount next year.

View Full Article: Rent growth will slow down – but remain higher than inflation

What Impact Donald Trump Could Have On The UK Property Market?

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Donald Trump has won the US election. What impact will his policies have on the UK property market? In this engaging discussion with Ranjan Bhattacharya and John Howard: 

• Explore how Trump’s policies could influence the UK property market and interest rates.

View Full Article: What Impact Donald Trump Could Have On The UK Property Market?

Together offers flexible commercial finance with adjustable fees

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Specialist lender Together has introduced a new level of flexibility to its commercial finance products.

Customers can now choose from a range of lender arrangement fees across its buy to let mortgages and commercial term loans.

View Full Article: Together offers flexible commercial finance with adjustable fees

CRUSADER: Why must landlords put up with vile online trolls?

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Landlords in the UK know they aren’t popular with politicians, councils, tenant activist organisations and lots of tenants – but do we really deserve the vile online landlord harassment that takes place? I ask because this week sees another activist urging followers to channel their frustration ‘into hating your landlord more’.

View Full Article: CRUSADER: Why must landlords put up with vile online trolls?

Landlords rush to sell before Christmas ahead of the Stamp Duty Land Tax increase

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It seems it’s one step forward, two steps back for landlords with the recent Budget introducing significant changes to Stamp Duty Land Tax (SDLT) that will impact property transactions from April 2025.

The changes have caused panic amongst landlords

View Full Article: Landlords rush to sell before Christmas ahead of the Stamp Duty Land Tax increase

Bank of England reduce Bank Base Rate by 0.25% despite inflationary Budget

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The Bank of England’s Monetary Policy Committee (MPC) Hawks won out today voting by 8 – 1 to reduce the Bank Base rate by 0.25% from 5% to 4.75%.

This was despite a recent Labour Budget widely perceived as inflationary as the Bank of England projects the measures announced by Chancellor Rachel Reeves to add 0.5% to the inflation figures.

View Full Article: Bank of England reduce Bank Base Rate by 0.25% despite inflationary Budget

UK house prices hit new record high

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The average UK house price edged up 0.2% in October despite the economic uncertainty, marking the fourth consecutive monthly increase, Halifax reveals.

It means a typical property price has reached a new record high of £293,999.

View Full Article: UK house prices hit new record high

Shawbrook expands commercial loan offerings for landlords

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Shawbrook Bank has unveiled a series of enhancements to its commercial investment products, designed to bolster support for property investors aiming to diversify and grow their portfolios with commercial assets.

These changes underscore the lender’s aim to deliver tailored financial solutions across various property types

View Full Article: Shawbrook expands commercial loan offerings for landlords