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Rental Market Tightens as Scammers Exploit Eager Tenants

Rental Market Tightens as Scammers Exploit Eager Tenants

Renters are increasingly being targeted by fraudsters exploiting the tight property market, warns the National Association of Property Buyers. The association has identified a trend...

22/08/2023
Landlords Reject Claims of Impact on Childminder Shortage

Landlords Reject Claims of Impact on Childminder Shortage

Private landlords are pushing back against allegations that they share responsibility for the dwindling number of childminders in England. The backlash comes in light of...

22/08/2023
Outer London Sees Soaring Tenant Demand, Research Finds

Outer London Sees Soaring Tenant Demand, Research Finds

Recent research from Paragon Bank has shed light on the changing landscape of Britain’s rental market. Landlords situated in Outer London, as well as the...

21/08/2023
Landlords Reduce Portfolios as BTL Pressures Increase

Landlords Reduce Portfolios as BTL Pressures Increase

New research, commissioned by the National Residential Landlords Association (NRLA) and undertaken by BVA-BDRC, paints a stark picture of the current property landscape in England...

18/08/2023
Landlords Advised to Lock in Mortgage Rates After Latest Inflation Figures

Landlords Advised to Lock in Mortgage Rates After Latest Inflation Figures

In the wake of recent inflation updates, MFB, a specialist buy-to-let broker, is advising landlords nearing the end of their mortgage deals to lock in...

18/08/2023
Sharp Decline in Buy-to-Let Returns: UK Landlords Face £4,000 Yearly Shortfall

Sharp Decline in Buy-to-Let Returns: UK Landlords Face £4,000 Yearly Shortfall

Recent data from personal finance comparison platform, finder.com, highlights a stark reduction in annual returns on buy-to-let properties in the UK. The drop, exceeding £4000...

17/08/2023
London House Prices Dip: A Sign of Changing UK Property Landscape?

London House Prices Dip: A Sign of Changing UK Property Landscape?

House prices in London have decreased by 0.6% over the past year. This marks the first downturn observed in any region since the market virtually...

16/08/2023
New Guidelines from Trading Standards Streamline Property Listing Terminology

New Guidelines from Trading Standards Streamline Property Listing Terminology

The National Trading Standards Estate & Letting Agency Team has recently publicised new guidelines concerning the terminology used in property listings. Developed in tandem with...

16/08/2023
Landlords and Property Professionals Urged to Review Self Assessment Tax Return Status

Landlords and Property Professionals Urged to Review Self Assessment Tax Return Status

The year is flying by and time is gradually running out for you to check if you need to submit a Self Assessment tax return...

15/08/2023
Landlords Express Concerns Over Proposed Compulsory Ombudsman Scheme

Landlords Express Concerns Over Proposed Compulsory Ombudsman Scheme

Recent data has unveiled that a significant proportion of landlords in England are either unsupportive of or uncertain about the Government’s initiative to make membership...

15/08/2023
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...

14/08/2023
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...

14/08/2023
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...

11/08/2023
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...

11/08/2023
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,...

10/08/2023
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...

08/08/2023
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....

08/08/2023
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...

07/08/2023
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...

03/08/2023
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...

03/08/2023
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