Sign in Sign up
01603 741900
info@gracecharlesinvestments.com
Norwich City FC Logo Official property investment partners
of Norwich City Football Club

News

Interested in high cash flowing property? This should be your next step

One of your goals as a property investor should be to acquire High Cash flow generating property, which means that you don’t need many of them to replace your income.
Would you like to replace your income in the next 12 to 24 months?

Landlords increasingly diversify portfolios with HMOs

Houses in Multiple Occupation (HMO) are becoming increasingly popular among landlords in the UK, according to data from specialist lender Shawbrook.
It says there is a shift in buy to let strategies as landlords navigate a challenging economic landscape.

Landbay cuts interest rates for HMO and MUFB properties

Landbay has unveiled a reduction in interest rates for its five-year fixed loans, specifically targeting houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFB).
The revised rates start at 4.89%, marking a fall of up to 0.25%.

Council to crackdown on landlords with poor EPC ratings

Landlords in one city who rent out homes that don’t meet energy efficiency standards and fail electrical safety rules will face fines.
The council says that homes with low EPC ratings take longer to warm up and lose heat quicker

Throwing the baby out with the bathwater?

I was going to buy x 2 houses and turn them into HMO’s to put on long-term leases to SERCO (approx 100k each). On paper, it looks good and the numbers are appealing.
Then I started reading horror stories about dealing with SERCO.

Foundation Home Loans launches new HMO products

Foundation Home Loans, the specialist lender for intermediaries, has unveiled two new products for HMO landlords with fee assistance.
The products are part of its buy to let brand, Buy to Let by Foundation.
They have a 1.25% fee

Foundation Home Loans launches new HMO products

Foundation Home Loans, the specialist lender for intermediaries, has unveiled two new products for HMO landlords with fee assistance.
The products are part of its buy to let brand, Buy to Let by Foundation.
They have a 1.25% fee

HMO licence – Consistency of the Public Register?

Hello, I recently obtained an HMO licence and, to my horror, found out that my home address will be included in the public register. Anybody can search this register online and obtain my home address.
There seems to be no consistency between various co…

Government scraps plan on HMO requirements for asylum seekers

The government has abandoned a plan that would have exempted landlords of asylum seekers from houses in multiple occupation (HMO) regulations, which ensure safety and quality standards for shared properties.
The government claimed that this would have …

Landlords could face tenant troubles due to councils’ licensing backlog

A landlord has expressed his worries about the possible problems that tenants could cause for him and other landlords with properties in selective licensing areas, due to councils delaying renewing their licenses.
The landlord, who wished to remain ano…

The consequence of abolishing Section 24 – bankrupt councils and countless homeless

News this week that councils around the country are flagging up the prospect of going bankrupt because of the ever-growing homelessness bill they have to meet. Oh please, cry me a river. Not once will councils and the government accept that their short…

HMO house with AST – two of four tenants are leaving?

Hello, Two out of four tenants on an AST with a Lambeth HMO licence have given individual notice until 31/3/24. I have reminded them that they are still jointly and severally liable for rent etc. until an agreement is reached.

Molo cuts BTL rates for UK and expat borrowers

Molo Finance has cut its buy to let fixed rates by up to 71 bps with products from 3.94% for two-year fixed and 5.19% for five-year fixed products.
The digital lender says the offers are available to both individual and corporate borrowers at 75% LTV.

The random rolling out of HMO definitions?

The Department of Levelling Up has provided the opportunity for local authorities to roll out their own legislation under the umbrella of their more penal HMO regulations covering all kinds of bizarre areas.
I have been caught out as I have 4 tenants (…

Paragon cuts its BTL mortgage rates and relaxes lending criteria

Paragon Bank has announced a series of changes to its buy to let mortgage products, including rate reductions, term extensions and criteria adjustments.
The bank has lowered its five-year fixed-rate buy to let mortgages by up to 0.70%

Get the latest info on all of our latest property releases
01603 741900
info@gracecharlesinvestments.com