Property118 | Author: Property118.com News Team - Page 2

BTL lenders boost landlord options with new criteria and rates...

Two leading buy to let lenders have unveiled updates to their BTL offerings, enhancing flexibility and affordability for property investors. Fleet Mortgages and YBS Commercial Mortgages have introduced...

9:31 AM, 12th March 2025, About 6 days ago | 2

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Just 8% of PRS homes are ‘pet friendly’...

Just 8% of rental homes in England are currently advertised as welcoming to pets, even with forthcoming legislation set to shake up the sector which will see see more pets being accepted by landlords,

Call to prioritise housing in Scotland’s anti-social behaviour...

One leading professional body is demanding a sharper focus from the Scottish government on tackling anti-social behaviour within the housing sector. It follows a comprehensive assessment by the Independent...

House prices rise as buyers beat stamp duty deadline...

The average cost of a home across England and Wales grew by £2,500, equivalent to a 0.7% rise to reach £357,300 in February, one index reveals. The analysis from the chartered surveyors e.surv, shows...

0:01 AM, 12th March 2025, About 6 days ago | 0

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The UK’s top renter-friendly city revealed...

Britain’s best location for renters and landlords in 2025 has been revealed and its success is down to a large and thriving student population and high tenant satisfaction. According to Property...

Universal Credit overhaul will affect rent payments from April...

Landlords are being warned that there are big alterations to Universal Credit coming which will transform how rent payments are managed across the UK. Propertymark says that from April, the Fair Repayment...

Scottish Greens push to end winter evictions of tenants...

A Scottish Green MSP has tabled an amendment to the Housing (Scotland) Bill which would prevent tenants from being evicted in winter months – forever. Maggie Chapman says her proposal will eliminate...

0:01 AM, 11th March 2025, About A week ago | 5

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Rent arrears fuel one in five tenancy disputes...

There has been a big escalation in tenancy disputes with rent arrears now accounting for a fifth of all disagreements, research reveals. The firm behind the findings also fears that the Renters’...

Redress scheme sees surge in complaints and member expulsions...

The Property Redress Scheme (PRS) says that the top three complaints about agents last year are the same as in 2023. They are issues with holding deposits, substandard service and oversight, and difficulties...

Home sellers cut prices before the stamp duty deadline...

Homeowners are reducing asking prices ahead of the forthcoming stamp duty change, particularly for properties under £250,000, research reveals. An analysis by GetAgent.co.uk reveals a surge in price drops...

Property Investors Awards – New Property Investor of the Year...

With a property business inspired by her last name, Olivia Hornby is certainly on track for success. Winning New Property Investor of the Year at the Property Investors Awards was an unexpected surprise,

Civil courts and property tribunals need more investment to handle...

A firm warns without investment in the civil courts and property tribunals, landlords could be left in limbo in trying to regain possession of their properties. Proptech firm Reapit says, despite the government’s...

It’s now cheaper for first-time buyers to buy than rent...

First-time buyers can save 20% when they buy their first home rather than renting, research reveals. Zoopla says that first-time buyers in Great Britain face average monthly mortgage payments of £1,038...

Industry body warns rental reforms could drive up rents and reduce...

Propertymark letting agents argue “overly restrictive regulations” will hurt supply and drive up rent prices. Propertymark members are warning members of the House of Lords that the Renters’ Rights...

UK house prices dipped slightly in February – Halifax...

The average UK house price dipped in February by 0.1% to £298,602, though year-on-year prices rose by 2.9% – unchanged from January. Northern Ireland saw the highest yearly growth of 5.9% growth,

9:18 AM, 7th March 2025, About 2 weeks ago | 0

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Tenants praise landlords but call for better communication –...

A tenant survey is overturning gloomy clichés about landlords to reveal a largely upbeat relationship with 55% of renters commending their landlords for delivering decent homes. The survey by Leaders...

Bridging helps to boost landlord purchases – Shawbrook...

Landlords are increasingly utilising bridging finance to invest in buy to let properties and Shawbrook says that 63% of their residential bridging loan transactions were for purchases. Its internal statistics...

0:01 AM, 7th March 2025, About 2 weeks ago | 0

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KRFI and CHL are the latest to lower BTL rates...

More buy to let mortgage providers have announced reductions in their buy to let rates. Kent Reliance for Intermediaries (KRFI), part of the OSB Group, has revealed lower rates across its range, including...

0:01 AM, 7th March 2025, About 2 weeks ago | 0

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Welsh council initiative to attract private landlords...

A Welsh council has launched a programme to lease properties from PRS landlords so they can offer affordable homes to local people. Newport City Council says that landlords are leaving the sector ‘for...

0:01 AM, 7th March 2025, About 2 weeks ago | 5

Experts warn heat pumps are too expensive for many homes to meet...

Despite the UK Climate Change Committee saying half of homes will need a heat pump by 2040 to meet net zero targets, an industry expert warns heat pumps are still “too expensive and not viable for many...

9:01 AM, 6th March 2025, About 2 weeks ago | 8

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