Landlord News
Paragon Bank Introduces Exclusive Range of Buy-To-Let Mortgages
Paragon Bank has announced the unveiling of an exclusive array of buy-to-let mortgages, featuring a five-year fixed-rate scheme with zero or fixed fees, as well…
Landlord News
Landlord News
Property Market Faces Headwinds as Interest Rates Rise, RICS Report Warns
The latest report from the Royal Institution of Chartered Surveyors (RICS) provides a bleak outlook for both buyers and renters, suggesting the imminent rise in…
Landlord News
The Mortgage Lender Revamps Residential and Buy-to-Let Mortgage Products
The Mortgage Lender, a leading specialist in the UK mortgage industry, declared the reintroduction of its Residential and Buy-to-Let product suites on 7th June. Among…
Landlord News
Halifax Index Reveals First Annual House Price Drop; Further Declines Expected as Mortgage Rates Rise
According to the Halifax House Price Index, house prices remained stagnant in May but saw a 1% decline over the past year. This marks the…
Landlord News
Mortgage Market Jitters: More Deals Withdrawn Amid Rate Hike Concerns
As concerns mount over potential increases in interest rates by the Bank of England, lenders have begun to withdraw additional mortgage deals, causing offers to…
Landlord News
Rent Control Proposals Under Review by the Welsh Government
The Welsh Government has initiated a consultation on ‘fair rents and adequate housing,’ during which Housing Minister Julie James revealed that rent controls are under…
Landlord News
Reviving Disruption: Purplebricks Introduces Major Fee Cut to Reclaim Market Dominance
Purplebricks, a once-dominant disruptor in the estate agency sector, announced today a considerable reduction in their fees under the new ownership. This bold move is…
Landlord News
Property Market Slump: England and Wales Witness Substantial Dip in Sales
Property transactions have fallen precipitously in England and Wales, with roughly 77,500 homes changing hands since the beginning of the year – a substantial 58%…
Landlord News
Surge in Prospective Tenants Exposes Struggles of Rent Rule Reforms
Knight Frank, has revealed a 39% rise in the number of prospective tenants in prime central and outer London for the first quarter of this…
Landlord News
London Evictions Come to a Standstill as Bailiffs Cite Safety Concerns
London landlords face prolonged delays in the eviction process as bailiff operations are suspended indefinitely due to unspecified ‘health and safety reasons’. This move is…
Landlord News
London Rent Soars to Record-Breaking Levels
Property rental company HomeLet’s May 2023 Rental Index figures reveal an ongoing surge in the UK’s average rental prices. The report also draws attention to…
Landlord News
Potential Mortgage Rate Increase May Trigger More Than Just a Dip in House Prices
May witnessed a minor 0.1% decrease in house prices following a slight uptick in April after seven consecutive months of decline. On an annual scale,…
Landlord News
Rental Rates Rise for Fifth Consecutive Month as Summer Surge Approaches
England has seen rental costs rise for the fifth straight month in May, as reported by Goodlord’s latest Rental Index. In addition, the average void…
Landlord News
Tax Relief for Landlords Could Mitigate Housing Crisis, According to Study
In an effort to address the ongoing housing crisis, Capital Economics, a prominent research consultancy, has proposed the abolishment of the existing tax increase on…
Landlord News
Mortgage Market Takes a Hit as Rising Interest Rates Prompt Lenders to Withdraw Numerous Deals
A sharp decline in the availability of mortgage deals has been witnessed over the last week, recent data reveals. On the 30th May, Moneyfactscompare.co.uk recorded…
