Landbay cuts BTL rates as Aldermore reintroduces 5-year fixed deals

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Landbay has announced rate reductions across its fixed-rate product range which are up to 0.20%.

Both two-year and five-year fixed-rate products, available at up to 70% and 75% loan-to-value (LTV), have seen the full reduction.

This includes Landbay’s AVM-supported range of standard and non-portfolio products.

View Full Article: Landbay cuts BTL rates as Aldermore reintroduces 5-year fixed deals

Landlords defy expectations of an ‘exodus’

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Two weeks after the Autumn Budget, fears of a mass exodus of landlords from the private rented sector (PRS) market appear to have been unfounded.

However, research from Lomond has revealed that the number of tenanted properties listed for sale has fallen by up to 3% in some areas.

View Full Article: Landlords defy expectations of an ‘exodus’

Buying a property at auction with a sitting tenant?

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Hello, I made a bid on a property in an auction without doing due diligence but the bidding did not meet the reserve price. The auctioneer then contacted me to ask if I wanted to make a post auction on the property.

View Full Article: Buying a property at auction with a sitting tenant?

Bought a property at auction without details of existing tenant?

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Hello, I made a bid on a property in an auction without doing due diligence but the bidding did not meet the reserve price. The auctioneer then contacted me to ask if I wanted to make a post auction on the property.

View Full Article: Bought a property at auction without details of existing tenant?

Government’s second homes policy doesn’t address the housing crisis

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The government’s recent decision to increase stamp duty on second homes has been slammed for not addressing the UK’s housing crisis.

SpareRoom, a room rental site, argues that the policy fails to address why there is a shortage of rental properties.

View Full Article: Government’s second homes policy doesn’t address the housing crisis

Council inspects 500 PRS homes – and finds 2,000 issues

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A council that launched its selective licensing scheme for private rented sector homes in March claims to have inspected 500 properties since – and found 2,000 issues.

It says it is now big strides in improving PRS housing standards.

View Full Article: Council inspects 500 PRS homes – and finds 2,000 issues

Labour urged to bring in secret inspections of rented properties

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Landlords could face secret inspections of their rental properties under Labour’s Renters’ Rights Bill after being urged to do so by the Chartered Institute of Environmental Health (CIEH).

The CIEH wants MPs to scrap the 24-hour notice period that councils must currently give to landlords before entering a rented property.

View Full Article: Labour urged to bring in secret inspections of rented properties

Two-thirds of landlords lack EPC C rating as many plan rent hikes for upgrades

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Two-thirds of landlords currently own at least one property that does not have an EPC C rating, according to Foundation Home Loans.

Data from the mortgage lender shows that nearly half (42%) of landlords plan to raise rents to cover the cost of energy-efficiency improvements.

View Full Article: Two-thirds of landlords lack EPC C rating as many plan rent hikes for upgrades

Who Is Liable If Rent To Rent Goes Wrong?

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Unlock the latest insights into the property investment world with our video on the landmark court ruling clarifying rent-to-rent liabilities. This will reshape how rent-to-rent operators approach their responsibilities and how property investors navigate the property market.

Are you part of the rent-to-rent strategy?

View Full Article: Who Is Liable If Rent To Rent Goes Wrong?

The SNP’s rent control U-turn is a ‘disappointment for tenants’

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The Green Party co-leader in the Scottish Government says the SNP government has bowed to pressure from the landlord lobby and significantly weakened its proposed rent control measures.

That is, Patrick Harvie says, a blow to tenants across Scotland.

View Full Article: The SNP’s rent control U-turn is a ‘disappointment for tenants’