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Paragon Bank Reduces Rates on Two-Year Buy-to-Let Mortgages

Paragon Bank Reduces Rates on Two-Year Buy-to-Let Mortgages

Paragon Bank has announced a significant drop in its core two-year fixed-rate buy-to-let mortgages. The rates have been reduced by 45 basis points, now commencing...

Landlords Experience Significant Losses when Exiting the Property Market

Landlords Experience Significant Losses when Exiting the Property Market

Recent data indicates that UK landlords are now facing an average loss of £10,000 when disposing of their properties. This downturn in fortunes comes in...

Surge in Buy-to-Let Mortgage Arrears, UK Finance Reports

Surge in Buy-to-Let Mortgage Arrears, UK Finance Reports

UK Finance, the representative body for over 300 firms in the banking and finance industry, has recently disclosed alarming data concerning mortgage arrears for Q2...

Surge in Section 21 Evictions as Landlords Exit the Market

Surge in Section 21 Evictions as Landlords Exit the Market

New figures from the Ministry of Justice reveal a concerning 41% surge in Section 21 ‘no fault’ evictions. In England, the number of households evicted...

Deepening UK Housing Market Downturn, RICS Survey Reveals

Deepening UK Housing Market Downturn, RICS Survey Reveals

The most recent RICS survey paints a concerning picture of the UK housing market. In July, there was a 45% decline in new buyer enquiries,...

Steep Rise in Fines Announced for Non-Compliance with Right to Rent Checks

Steep Rise in Fines Announced for Non-Compliance with Right to Rent Checks

From January 2024, letting agents and landlords will witness a substantial increase in fines related to non-compliance with Right to Rent checks. The Home Office...

Halifax Points to Growing Pressures on Private Rental Sector and Slump in House Prices

Halifax Points to Growing Pressures on Private Rental Sector and Slump in House Prices

Halifax has recently flagged concerns regarding the private rental sector in their standard housing market update, highlighting that the sector is currently navigating challenging waters....

Rental Prices Increase in Every UK Region in July – Homelet Index

Rental Prices Increase in Every UK Region in July – Homelet Index

The upward trend in UK rental prices shows no sign of abating, with an increase witnessed across all regions in July, including the traditionally cheaper...

Bank of England’s Rate Hike Takes Interest to 15-Year High of 5.25% – Industry Reaction

Bank of England’s Rate Hike Takes Interest to 15-Year High of 5.25% – Industry Reaction

The Bank of England (BoE) has raised UK interest rates to 5.25%, a level not seen in the last 15 years, marking the 14th consecutive...

Landlords Face Further Challenges with Upcoming Renters Reform Bill, Solicitor Warns

Landlords Face Further Challenges with Upcoming Renters Reform Bill, Solicitor Warns

Millions of landlords across the UK are poised to be negatively impacted by the forthcoming Renters Reform Bill, a piece of legislation intended to shield...

New Record in UK Capital Gains Tax Receipts Shows an Evolving Trend

New Record in UK Capital Gains Tax Receipts Shows an Evolving Trend

In a revealing trend, Capital Gains Tax (CGT) receipts in the United Kingdom have reached a record £16.7 billion in the 2021/22 tax year, reflecting...

Landlord Successfully Challenges Council Fine, Achieving Substantial Reduction in Virtual Tribunal Hearing

Landlord Successfully Challenges Council Fine, Achieving Substantial Reduction in Virtual Tribunal Hearing

A recent case in North London has demonstrated that landlords maintaining well-managed, good-quality rented properties and possessing a reputable character should challenge unfair council fines...

England’s Rental Prices Hit Unprecedented Level

England’s Rental Prices Hit Unprecedented Level

England’s rental market experienced an extraordinary event in July, as average rental costs exceeded £1,300 per property for the first time ever. This milestone, part...

Paragon Bank Announces Further Reductions to Five-Year Fixed Rates for Portfolio Landlords

Paragon Bank Announces Further Reductions to Five-Year Fixed Rates for Portfolio Landlords

Paragon Bank has announced a decrease in the rates of its five-year fixed-rate buy-to-let mortgages, marking the second time in a fortnight that the lender...

House Prices Dip Further into Negative Growth: Experts Weigh In on the UK Market

House Prices Dip Further into Negative Growth: Experts Weigh In on the UK Market

He further highlighted how deposit requirements continue to present significant challenges, with a 10% deposit now equivalent to 55% of gross annual average income, further...

Landlords Shift Investment Focus to Energy-Efficient Properties in Anticipation of Regulatory Change

Landlords Shift Investment Focus to Energy-Efficient Properties in Anticipation of Regulatory Change

In anticipation of new governmental regulations, landlords across the nation are significantly shifting their property investments towards higher-rated Energy Performance Certificate (EPC) properties, according to...

Major Lenders Cut Fixed Mortgage Rates, Signalling Possible End to Interest Rate Increases

Major Lenders Cut Fixed Mortgage Rates, Signalling Possible End to Interest Rate Increases

Landlords and homeowners across the UK received positive news as several of the country’s largest lenders announced they would be cutting rates on their fixed...

Cardiff Landlord Company Hit with £68,000 Fine for Neglecting Student Safety

Cardiff Landlord Company Hit with £68,000 Fine for Neglecting Student Safety

A prominent HMO landlord company have received a substantial penalty for their negligence towards student tenants in Cardiff. Mulberry Real Estate and its director, David...

Surge in Mortgage Rates Dents Buyer Appetite by 18%: Southern England Grapples with Falling House Prices

Surge in Mortgage Rates Dents Buyer Appetite by 18%: Southern England Grapples with Falling House Prices

Escalating mortgage rates over the past two months have resulted in an 18% decrease in demand for homes, as indicated by Zoopla’s most recent House...

Further Projected Upswing for UK Holiday Lets Sector in 2023

Further Projected Upswing for UK Holiday Lets Sector in 2023

A recent study conducted by Stripe Property Group, a prominent property development firm, projects a promising upswing for the UK’s holiday accommodation sector in 2023....
















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