All posts by Property118.com News Team
Mortgage lending remains sluggish for August. However, net lending...
The summer holidays hit mortgage approvals for August as the Bank of England revealed total loans to buy a home dropped to 47,372 during the month.
This is down on the July figure of 48,346 and the month-on-month...
House prices notch up 0.1% gain in September according to Nationwide...
The first house price statistics for September have hit the streets – showing average prices have notched up just a superficial 0.1%.
The figures from the Nationwide also show the three-month house...
Councils fear cash claims if they tackle HMO problems...
Councils are afraid of tackling shared housing problems because they fear landlords will sue them for loss of earnings, a senior planning councillor in a university town has revealed.
In an exclusive interview,
NLA urges landlords to improve standards...
Private landlords have no room for complacency and need to improve standards as the private rented sector changes, urges the National Landlords Association (NLA).
Many debt firms make financial problems worse, warns OFT...
Debt management firms can make financial problems worse for those that owe money by giving poor advice and misleading consumers by claiming to offer free services while taking hidden fees.
The Office of...
Buy to let lending restrictions hamper landlord borrowing. However,
The buy to let mortgage market is in a state of flux as key lenders have changed their criteria over recent weeks.
This weekend, Lloyds Bank effectively shut up shop to portfolio landlords with more than...
Property investors owe £200 million in uncollected tax. Property...
The latest figures for uncollected tax reveal property investors owe £142million from undisclosed letting income and £55million evaded in undeclared Capital Gains Tax (CGT) on land and property sales.
Student boom fuels soaring house price growth. Student numbers...
Property investors looking for the best returns on their cash should look at the booming student letting sector.
Student numbers are increasing as universities and colleges in towns and cities all over...
Wrong wording confuses new deposit protection rules. The Communities...
Following the letter of the law is seemingly a problem for government solicitors as well as property investors over deposit protection rules starting on October 1.
The Communities and Local Government...
Bank of England Agents’ Summary of Business Conditions September...
Bank of England Agents’ Summary of Business Conditions September 2010...
Landlords miss out on massive savings.
In the last week of August the new administrators of The Money Centre’s Landlords Insurance Scheme were overwhelmed with requests to switch to our new block policy for landlords insurance before...
Birmingham Midshires to restrict lending to three buy to let...
Peter Curran, Head of Intermediary Distribution at Lloyds Banking Group recently announced, “From 25 September, buy to let property portfolios will be limited to a maximum of three properties, or...
Commercial property landlords need to do better, say businesses.
Commercial property tenants are finding relationships with landlords are better but they still have room for improvement.
Tenants marked their landlords an average of 4.9 out of 10, according to a satisfaction...
Survey shows buy to let rents surge to highest for two years...
Rents have hit a two-year peak as the squeeze on mortgages has dried up funds for first time buyers and home movers.
Rents were up 1.4% or £12 a month on those in July – equalling the last peak...
Property investors pile up millions in wasted tax payments. Property...
The latest capital gains tax (CGT) increase announced by the Chancellor George Osborne in June has added a massive £36 million in unnecessary tax payments, according to independent financial web site...
Cash buyers fuel London home sales boom. According to Acadametrics...
In comparison, the rest of England and Wales was stuck in a rut with more static month-on-month figures.
The buoyant London market is put down to less worry about long term job prospects and cash-rich...
Landlords should ‘grass up’ illegal cannabis farms. Would...
Landlords need to turn detective and make sure they police how tenants are using their rental properties otherwise insurers could refuse to pay out on claims for damage left behind by crooks.
One of the...
Official figures confirm London house price boom. UK house prices...
The seasonally adjusted index for the month was 4.7% below the recent peak in April 2008, but 11.1% above the recent trough in April 2009.
This figure is the best indicator of trends in house prices over...
Landlords could be lining the Tax Mans coffers if they live through...
The UK’s average property value is currently £167,953, according to the Halifax’s latest survey.
It is probably fair to say that every landlord owns at least two properties, their own home...
Property investors to see 9.6% returns by end of 2010. Information...
The housing market seems to have shaken out the inflation excesses of the boom period of a few years ago.
Estate agents, builders and lenders are all reporting a stable level of activity, even though this...
Property investors and the HMRC PAYE tax code bungle...
Millions of landlords and property investors are tied up in the HM Revenue and Customs PAYE code bungle and may have to pay back tax wrongly calculated over previous years.
Any property investor who has...