Property Market News

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London council wants to licence 35,000 buy to lets

Author: Property118.com Landlord News Team

18th May 2012, 14 years ago | 2

Newham Council has completed stage one of a grandiose plan to licence 35,000 buy to let tenancies. The Labour-led council...

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Landlords urged to only deal with ‘safe’ letting agents

Author: Property118.com Landlord News Team

17th May 2012, 14 years ago | 1

Letting agents are urging landlords to make sure they only do business with firms offering a money protection scheme. Firms...

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Housing benefit rules breach disabled rights, says court

Author: Property118.com Landlord News Team

15th May 2012, 14 years ago | 4

The government’s housing benefits policy is in disarray as judges have ruled a crucial test to confirm how big a...

Buy to Let Arrangement Fees Reduced by Godiva and Platform

Author: Property118.com Landlord News Team

11th May 2012, 14 years ago | 0

The Coventry Building Society has cut rates and fees on buy to let loans through subsidiary Godiva. Two year fixed...

1 in 5 Mortgage Applications are for Buy to Let

Author: Property118.com Landlord News Team

11th May 2012, 14 years ago | 0

Buy to let mortgage applications make up one in five of all home loan applications, according to one of the...

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Tenants quiz landlords over permission to let

Author: Property118.com Landlord News Team

9th May 2012, 14 years ago | 0

Let to buy landlords who move and rent out their home because they cannot sell the property are finding more...

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Confidence in housing market is falling, say estate agents

Author: Property118.com Landlord News Team

8th May 2012, 14 years ago | 3

House price confidence is dropping away as prices fall and buyers melt away, according to estate agents. One in five...

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Buy to let shines as mortgage lending slumps to 40 year low

Author: Property118.com Landlord News Team

4th May 2012, 14 years ago | 0

Buy to let lending was the only bright point in a year when mortgage lending slumped to the lowest levels...

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£7,500 chapel was cheapest property sold in March

Author: Property118.com Landlord News Team

1st May 2012, 14 years ago | 2

The cheapest property in England and Wales sold for just £7,500 in March. The stone-built Methodist Chapel in Felindre, Knighton,...

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Property hijacks prompt fraud alert from the FSA

Author: Property118.com Landlord News Team

27th April 2012, 14 years ago | 0

Financial watchdog is alerting landlords to watch out for property hijacking by fraudsters and crooked mortgage brokers. The Financial Services...

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Corporates sink millions into student letting

Author: Property118.com Landlord News Team

27th April 2012, 14 years ago | 5

Corporate investment in student letting was up 50% to £1.15 billion last year as rents and yields continue to go...

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88% of young adults can’t afford to buy a home

Author: Property118.com Landlord News Team

26th April 2012, 14 years ago | 9

Seven out of eight young adults do not believe they can buy a home of their own in the next...

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Luxury home sales hit new high as rest of market falters

Author: Property118.com Landlord News Team

26th April 2012, 14 years ago | 0

Sales of homes worth £2 million or more are rising – and most are in just four upmarket neighbourhoods of...

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Buy to let regulation vote delayed again by Eurocrats

Author: Property118.com Landlord News Team

25th April 2012, 14 years ago | 0

European politicians have delayed voting on buy to let regulation and other key home loan proposals. The vote was scheduled...

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Pointless property spending ruined the UK economy

Author: Property118.com Landlord News Team

25th April 2012, 14 years ago | 2

It’s not the money the government prints that triggers a resurgence in the economy, but the way everyone spends the...

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Newham council wants to traffic tenants out of London

Author: Property118.com Landlord News Team

24th April 2012, 14 years ago | 11

Housing minister Grant Shapps has accused Newham Council, East London, of ‘playing politics with peoples’ lives’ over a radical plan...

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Landlords are the wrong target for buy to let regulation

Author: Property118.com Landlord News Team

23rd April 2012, 14 years ago | 7

Landlords are the wrong target for buy to let regulation, according to the latest behind-the-scenes thinking. Regardless of the rights...

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Rising number of tenants struggle to pay rent, says ARLA

Author: Property118.com Landlord News Team

20th April 2012, 14 years ago | 0

Tenants are facing a financial struggle to pay their rents, according to the latest survey by the Association of Residential...