May
8
0

Bank of England confirm predicted 0.25% drop in Base Rate

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As widely predicted, and not this time following the US Federal Reserve, the Bank of England’s Monetary Policy Committee (MPC) voted 5-4 to reduce the Bank Base Rate by 0.25% to a total rate of 4.25%.

Although it looked like a close vote

View Full Article: Bank of England confirm predicted 0.25% drop in Base Rate

May
8
0

UK house prices show modest rise – Halifax

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The UK’s house prices edged up by 0.3% in April, reversing a 0.5% dip from March, bringing the average property value to £297,781, according to Halifax.

This marks an increase of nearly £900, with the annual growth rate climbing to 3.2%

View Full Article: UK house prices show modest rise – Halifax

May
8
0

Pepper Money and Paragon boost the BTL market with new solutions

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Pepper Money has revealed it is returning to the buy to let mortgage market with a versatile range.

Paragon Bank has also announced it is broadening its 80% loan-to-value (LTV) offerings, introducing product switches and further advances to support property investors.

View Full Article: Pepper Money and Paragon boost the BTL market with new solutions

May
7
0

2.2m first-time buyers locked out since the financial crash

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Around 2.2 million potential first-time buyers have been unable to purchase a home since the 2006 financial crisis – and they face a lifetime of renting, a report reveals.

According to a Building Societies Association (BSA) study

View Full Article: 2.2m first-time buyers locked out since the financial crash

May
7
0

Selective licensing needed to protect tenants, claims council

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A London council admits that “the majority of landlords do a good job” but still wants to introduce selective licensing to crack down on criminal landlords and help protect vulnerable tenants.

Havering Council is running a selective licensing consultation that would require landlords in certain areas to obtain a licence

View Full Article: Selective licensing needed to protect tenants, claims council

May
6
0

Petition against ‘heavy-handed’ selective licensing schemes launched

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A Parliamentary petition to challenge selective licensing rules, claiming they are being exploited by councils for generating cash has been launched by a landlord.

Simon Fletcher explains on the Portsmouth and District Private Landlords Association website that the 2015 government order

View Full Article: Petition against ‘heavy-handed’ selective licensing schemes launched

May
6
0

Attention Landlords: The strategy you’ve been waiting for

Author admin    Category Uncategorized     Tags

As you know, property investing can give you a fantastic income, but it does come with its fair share of problems.

What if there was an “Alternative Property Investing Strategy” which could give you double digit returns on your investment

View Full Article: Attention Landlords: The strategy you’ve been waiting for

May
6
0

Council plans to curb use of letting boards

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A council is set to revive limitations on letting boards across several residential areas after complaints from residents.

Nottingham City Council says complaints have also been made by community groups and local councillors over the proliferation of signs.

View Full Article: Council plans to curb use of letting boards

May
2
0

Labour doesn’t like landlords but really needs us for growing numbers of asylum seekers

Author admin    Category Uncategorized     Tags

It’s bizarre, isn’t it? Landlords, already battered by a barrage of legislative changes and economic pressures, are now being asked by the Labour government to offer their properties to asylum seekers.

The National Residential Landlords Association (NRLA) has voiced strong opposition

View Full Article: Labour doesn’t like landlords but really needs us for growing numbers of asylum seekers

May
2
0

Takeover of letting agency and transfer of agreements?

Author admin    Category Uncategorized     Tags

Hello, My letting agent got taken over, and then that company got taken over a few months later.

Now the current one is saying that the original letting agreement I signed has been replaced by theirs – even though I’ve never been sent a copy.

View Full Article: Takeover of letting agency and transfer of agreements?

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