Nov
8

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

Nov
7

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?

Nov
7

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

Nov
7

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

Nov
7

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

Nov
7

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

Nov
6

Estimating Post-Renovation Value of Property

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When planning a renovation to boost a property’s value, it’s crucial to understand how to estimate its end value while considering the time, effort, and cost involved. The numbers need to work in your favour for the project to be worthwhile.

View Full Article: Estimating Post-Renovation Value of Property

Nov
6

Professional body pushes for licensing schemes to be doubled to improve housing conditions

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Selective licensing schemes should DOUBLE from five to ten years, says professional body.

The Chartered Institute of Environmental Health (CIEH) supports an amendment by Carla Denyer, co-leader of the Green Party, in the Renters’ Rights Bill to double the duration of licensing schemes

View Full Article: Professional body pushes for licensing schemes to be doubled to improve housing conditions

Nov
6

Renters’ Rights Bill – Impact on purchases and relettings?

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Hello, I see there are many courses running which say ‘Buy, Renovate, Rent out, Remortgage and Buy again’. This model is now broken unless we can find a way of overcoming the effects of the Renters’ Rights Bill, soon to become an Act.

View Full Article: Renters’ Rights Bill – Impact on purchases and relettings?

Nov
6

JLL forecasts a 17% rent rise over the next five years

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Despite a rapid rise in rents over the past three years, real estate firm JLL is forecasting that rents will increase by 17% over the next five years.

Its latest ‘Residential Forecast 2025-2029’ shows that while UK rents surged by 27% in the five years to September 2024

View Full Article: JLL forecasts a 17% rent rise over the next five years

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