Property118 News

MFS and Landbay cut BTL mortgage rates in a competitive market

Author: Property118.com Landlord News Team

5th August 2024, 2 years ago | 0

Specialist lender Market Financial Solutions (MFS) has announced rate reductions across its product range, including its innovative Bridge Fusion product....

CLA warns of the economic impact of abolishing FHL tax relief

Author: Property118.com Landlord News Team

5th August 2024, 2 years ago | 2

The Country Land and Business Association (CLA) has criticised the government’s decision to abolish the Furnished Holiday Lettings (FHL) tax...

Propertymark says Section 24 tax change is fuelling the rental crisis

Author: Property118.com Landlord News Team

5th August 2024, 2 years ago | 4

A government policy intended to level the playing field for landlords has instead sparked a crisis in the private rented...

SRA to investigate landlord and tenant solicitors amid surge in complaints

Author: Property118.com Landlord News Team

5th August 2024, 2 years ago | 2

The Solicitors Regulation Authority (SRA) is launching an investigation into landlord and tenant law solicitors following a sharp rise in...

House prices set to rise in Edinburgh due to unique growth factors

Author: Property118.com Landlord News Team

2nd August 2024, 2 years ago | 0

A letting agency predicts Edinburgh’s house prices will rise due to the city’s unique circumstances. Scotland’s largest letting agency DJ...

Landbay cuts BTL rates and Aldermore unveils new products for landlords

Author: Property118.com Landlord News Team

2nd August 2024, 2 years ago | 0

Buy to let lender Landbay has announced rate reductions and new product launches to support landlords. It has cut rates...

Where short-term lets are squeezing the UK housing market

Author: Property118.com Landlord News Team

2nd August 2024, 2 years ago | 1

New figures reveal a dramatic rise in short-term lets across the UK, with Hartlepool experiencing a staggering 122% increase in...

Renters struggle under financial pressure with no income protection

Author: Property118.com Landlord News Team

2nd August 2024, 2 years ago | 5

More than 11.6 million renters risk losing their homes if they become ill, injured, or are made redundant, according to...

One in five renters forced to find rent guarantor

Author: Property118.com Landlord News Team

2nd August 2024, 2 years ago | 4

One in five private tenants has been forced to use a rent guarantor to secure their home as competition to...

Bank of England cuts interest rates – the property industry reacts

Author: Property118.com Landlord News Team

2nd August 2024, 2 years ago | 0

In good news, the Bank of England has cut interest rates from 5.25% to 5% for the first time in...

Property expert slams tax changes for driving landlords out of the market

Author: Property118.com Landlord News Team

2nd August 2024, 2 years ago | 2

Tax crackdown on landlords is making Britain’s housing crisis worse, says property expert. Guy Gittins, chief executive of letting agents...

Bank of England finally cuts interest rates in closest vote for a long time

Author: Property118.com Landlord News Team

1st August 2024, 2 years ago | 7

The Bank of England has announced a major cut in interest rates for the first time in four years. The...

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UK house price growth picks up steam

Author: Property118.com Landlord News Team

1st August 2024, 2 years ago | 0

The average UK house price climbed 0.3% month-on-month in July, marking the fastest pace of growth since December 2022, new...

Generation Rent says ‘homes, not landlords’ is the key to rent affordability

Author: Property118.com Landlord News Team

1st August 2024, 2 years ago | 25

Metropolitan areas in England that significantly increased their housing stock since 2015 are more likely to have experienced improved rent...

Labour’s Green Belt plan could deliver 738,000 new homes

Author: Property118.com Landlord News Team

1st August 2024, 2 years ago | 0

Labour’s proposal to reclassify a small portion of green belt land could significantly impact the housing market, according to research...

Tenant to property ratio is easing – but demand will remain high

Author: Property118.com Landlord News Team

1st August 2024, 2 years ago | 0

The gap between the number of tenants and available rental properties is set to narrow by 2030 – but there...

Housing Ombudsman launches special investigation into London council

Author: Property118.com Landlord News Team

1st August 2024, 2 years ago | 2

The Housing Ombudsman has announced a special investigation into Lewisham Council following a damning record of complaints handling. A staggering...

What do I need for a landlord insurance quote?

Author: Property118.com Landlord News Team

1st August 2024, 2 years ago | 0

Landlord insurance can be daunting but getting a quote might be easier than you think. To get an accurate and...