Independent research commissioned by specialist Buy-To-Let mortgage lender Paragon Mortgages has revealed a surge in house-buying activity by landlords as property investors snap up residential properties for rental.
UK landlords increased the number of rental properties in their portfolios from an average of 9 to 10.8 residential properties in the first quarter of 2012.
The [...]
The Housing Minister Grant Shapps has again dropped another broad hint that the Government plan to step in and regulate the UK Private Rental sector affecting the rights of both Landlords and Tenants.
A proposed new bill of rights for Buy-To-Let (BTL) landlords and tenants in the UK private rental sector could be introduced by [...]
The Financial Services Authority (FSA) have warned landlords and homeowners about ‘property hijacking’, the practice whereby fraudsters attempt to raise mortgages on empty properties that they do not own.
The FSA says it has observed a notable increase in cases of UK property hijacking.
The warning has gone out to all UK mortgage brokers, but [...]
A survey conducted by the National Landlords Association (NLA) revealed that nearly half of its members felt that they could no longer afford to rent their properties to tenants receiving Local Housing Allowance or Housing Benefit, and as a result they would almost definitely stop considering LHA tenants for their properties.
Similarly almost 70% of [...]
Just like HM Queen Elizabeth II, 2012 marks the Diamond Jubilee of Salford Musical Theatre!
Having been formed in May 1952, we have performed and showcased many shows over the years from the early days of Gilbert and Sullivan to the modern era productions of Carousel, Oliver and Les Miserables.
To celebrate our [...]
Over the last few years, the UK media have spread fear and panic among the renting public, reporting doom and gloom about the state of the property sales market and countless news stories about letting agents closing down, failing their landlord clients and taking hundreds of thousands of pounds of client funds with them.
Reports [...]
New Deposit Protection rules are now in force and the deadline for landlords and letting agents for the registration of a tenant’s
deposit, for every single tenancy, must be completed within 30 days of 6th April 2012, therefore, the deadline will be the 5th May 2012
This Affects All PRS Landlords If They [...]
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The number of properties purchased using Buy-To-Let mortgages increased by 84,000 during 2011, increasing the supply of suitable Private Rented Sector (PRS) housing according to the latest data released by the Council of Mortgage lenders (CML).
During the last quarter of 2011 a total of 34,800 Buy To Let mortgages, including 15,600 remortgages, were granted [...]
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