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

Landlords see rents soar and voids drop in 2023, index reveals

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Landlords in England saw rents rocket by nearly 9% last year, and several rent records were broken in the summer, one leading rent index reveals.

According to Goodlord, rents rose by 8.8% to an average of £1,182 –

View Full Article: Landlords see rents soar and voids drop in 2023, index reveals

Disabled tenant & PEEP – Personal Emergency Evacuation Plan – Help!

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Hello, Can you help? A PEEP – a Personal Emergency Evacuation Plan – has been requested by the management company for a tenanted flat. I own a 2 bed flat in a small 2000 block.

Ours in on the first floor

View Full Article: Disabled tenant & PEEP – Personal Emergency Evacuation Plan – Help!

Thousands of home sellers discount prices as they re-enter the market

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Landlords looking to invest in a property opportunity might want to check out the homes that have come back to the market after failing to sell in 2023.

That’s according to Yopa, the national estate agency, which says these homes offer the best value for money and the most opportunities for negotiation.

View Full Article: Thousands of home sellers discount prices as they re-enter the market

Tenant paying rent – what happens when the bailiffs come?

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Hi, The Bailiffs are coming to evict my tenant (Mr D) on 10th January. However, Mr D has paid his rent for January (well partially, it went up in July, he has never paid the new rent but continues to pay the original rent).

View Full Article: Tenant paying rent – what happens when the bailiffs come?

Landlords, Level Up: Unleashing Tech Tools for Portfolio Domination in 2024

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Forget juggling spreadsheets and chasing late rent calls – 2024 is the year savvy UK property investors embrace tech to transform their portfolios into cash flow-generating juggernauts. Picture yourself, a modern-day Medici, commanding your empire from a digital throne, fueled by the magic of property management software (PMS).

View Full Article: Landlords, Level Up: Unleashing Tech Tools for Portfolio Domination in 2024

Royal Greenwich introduces new licence for smaller HMOs

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A licence for houses in multiple occupation (HMOs) is now required by most landlords in Royal Greenwich after a new scheme went live on 1 January 2024.

The additional HMO licensing scheme covers properties where three or more residents from different households share a kitchen

View Full Article: Royal Greenwich introduces new licence for smaller HMOs