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Landbay, YBS and Foundation unveil new BTL products

Landbay has introduced new five-year fixed-rate offerings at an 80% loan-to-value (LTV) ratio, catering to both standard properties and small houses in multiple occupation (HMOs) and is the latest among several BTL lenders announcing product changes.
I…

A landlord’s stark warning to tenants on legislation impact

A landlord has warned that “tenants will suffer the most” if new legislation and regulations get the green light.
Mick Roberts, one of Nottingham’s largest landlords told Property118 about the harsh realities facing both sides of the rental divide.

Have we got possession after death of tenant?

Hi, I’m very much an accidental joint landlord with my brother. The flat we had was rented through a letting agent however at the beginning of the year our tenant sadly passed away.
The church acting on behalf of the tenant’s estate has now…

Non-Qualifying Leaseholders push for reform

Following the Non-Qualifying Leaseholders Campaign Groups member representations including correspondence to their MPs and case studies reported by media, the government are considering an amendment to the Leaseholder Protections in the Building Safety…

Keep Portfolio or buy into a REIT?

Hello all, my father is a portfolio landlord who wants to retire. He doesn’t want the hassle of managing property anymore, but has very little interest in the stock market as to him it’s not a tangible option.
My suggestion to him for his peace of mind…

UK rents rocket by 46% in a decade

The average UK rent has climbed by 46% in the past decade thanks to surging tenant demand and limited rented home supply, research reveals.
According to Zero Deposit, it is the lack of available rental properties that is a key driver of this surge.

Yorkshire Building Society launches £5,000 deposit mortgage

Yorkshire Building Society (YBS) has unveiled a groundbreaking £5,000 deposit mortgage specifically designed for first-time buyers.
The unique product allows potential homeowners with the deposit to buy a property valued up to £500,000.
The building s…

Concerns over proposed rent controls in Scottish housing bill

The Scottish government has published its new housing bill which claims to prevent homelessness and strengthen tenants’ rights.
Proposals in the new bill include bringing in long-term rent controls for private tenancies and new rights to keep pets.

UK housing market gets early sales boost

The UK’s housing market has shown positive signs in the first quarter of 2024 with sales activity up 9% compared to the same period last year, according to Zoopla’s latest House Price Index.
New listings have also increased by 20%.

EICR and Build Regulations Certificate confusion

Hi, I had an EICR booked and carried out at a small commercial property as the 5 years certificate was due to expire.
The check identified a new fuse board was needed. I have now been issued with the EICR cert from a NICEIC registered tradesman along w…

Why can’t the media understand how inflation affects rent rises?

Hello, I am a big fan of the Times and Financial Times as these newspapers are usually reliable and have high quality journalists. However, I have written to the Times to explain why I am upset about one journalist and her story on why renting in the U…

Landlord complaint leads to letting agent expulsion from Ombudsman scheme

A letting agent has been expelled from The Property Ombudsman (TPO) scheme for failing to address a landlord’s complaint and pay a £3,100 compensation award.
The expulsion of Key Lettings and Property Management follows a series of issues includi…

Paragon Bank and Foundation unveil new BTL products

Paragon Bank has introduced new mortgage options for experienced landlords looking to expand their buy to let portfolios with a range of five-year fixed-rate products with both low fees and competitive rates.
These new BTL deals are specifically design…

Most tenants haven’t heard of the Renters (Reform) Bill – survey

Despite calls for more regulation of landlords in the private rented sector (PRS), most tenants haven’t heard of the Renters (Reform) Bill which is currently going through Parliament.
The Bill, which is the biggest change to the rental market in …

Tame the Tax Beast: How property management Software Makes HMRC Happy (and You!)

Tax season. Just the mention of it sends shivers down the spines of many landlords.  Paperwork piles up, receipts get lost, and the looming deadline of filing with HMRC creates a whirlwind of stress.
But what if there was a way to transform tax season …

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