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  • Residential rents reach record highs

    Rents in England and Wales climbed to a new record high of £770 per month in October, latest research has revealed The Buy to Let Index for October from Your Move and Reeds Rains revealed that rents are up 1.5 per cent on a yearly basis from the same

  • One in six shared homes lacks a living room

    One in six shared rental properties in the UK is does not have a living room as landlords attempt to maximise returns and tenants look to reduce rents, new research shows According to the survey of more than 10,000 users on SpareRoom.co.uk, 16 per ce

  • House prices up 12 per cent annually, ONS claims

    UK house prices have increased by more than 12 per cent in the past year, allowing landlords to accumulate capital on their property, official data shows Official figures from the Office for National Statistics (ONS) show that growth reached 12.1 per

  • Mortgages for Business announces rebrand

    Mortgages for Business has today announced the official launch of its new website and corporate identity. David Whittaker, managing director of Mortgages for business, commented : "The new website and brand are more closely aligned with the company's

  • Cost of tenancy agreements rise year on year

    Agreeing a new tenancy is 3.7 per cent more costly than 12 months ago, according to Countrywide Residential Lettings. The increase is driven by slowing house prices and an increase in demand in London and the East of England where properties are empt

  • Renting could overtake homeownership claims Savills

    The private rented sector could overtake homeownership as the UK’s dominant form of housing in the future, new research from Savills has claimed A combination of cultural and economic factors will be behind the switch while Savills predicts the numbe

  • Landlords set to benefit from faster eviction processes

    The process of evicting rogue tenants is set to be improved following the launch of a new government service. Landlord Action – acting in its role as a government Think Tank – first proposed that landlords should be able use Section 21 processes for

  • Buy to let loan volumes up 18 per cent

    The number of buy to let loans in September was up 18 per cent from Q3 2013, according to new data from the Council of Mortgage Lenders (CML) The 18,100 buy to let loans in the month represented lending worth £2.5bn, with both the number and value of

  • Positive outlook for UK buy to let market

    Intermediaries are positive about the possibilities for future mortgage lending in the coming year; the latest quarterly intermediary survey has shown. On average, growth in overall mortgage business of six per cent is expected in the fourth quarter

  • Treasury sidesteps Bank of England buy to let plans

    The UK Treasury is not rushing into action following a request for greater control over buy to let lending from the Bank of England. According to a consultation paper, the Treasury has said it wants time to gather more evidence relating to how the bu

  • Majority of tenants see renting as long term option

    The majority of tenants in rented properties do not see the sector as a short term option, meaning investors should see constant demand for property, new research has revealed The study from Knight Frank and YouGov discovered that less than one in fo

  • Prime London three bed rental properties in high demand

    Three bedroom rental properties in central London are in exceptionally high demand, according to a leading national estate agent. High demand for three bed properties sees them let out immediately after going to market, says Zoe Rose – head of London

  • ONS figures reveal rental growth slowdown

    Growth in rental prices has slowed in the last month, according to the latest figures from the Office for National Statistics. Average private sector rents in Britain have increased by just one per cent annually in the year to September 2014. On a co

  • Annual house price growth reaches nine per cent in September

    Annual UK house price growth reached nine per cent in September, showing a marginal increase from August, according to Hometrack’s first UK Cities House Price Index. The figures represent an increase of 0.1 per cent from August, while 14 of 20 cities

  • Buy to let has north/south divide claims BM Solutions

    The south east and greater London have the strongest levels of tenant demand but northern regions provide the best yields, BM Solutions has claimed. The firm’s quarterly index highlighted Yorkshire and Humberside, Scotland, and the North East as area

  • One in five UK properties owned by landlords

    The last decade has seen buy to let investors double their property portfolios, with one in five UK properties now owned by landlords. The research from Paragon suggests two million private landlords now own and rent out five million homes. This mean

  • Why rates will not go up this side of the election

    There has been much speculation over recent weeks on when the Bank of England’s Monetary Policy Committee will vote to raise Bank Rate. In fact, we've had a running bet in the office since Easter with my money going long - I dug my heels in at late

  • Landlords reveal insights into portfolio growth limitations

    Current conditions in the lettings market provide a number of positive factors for landlords, but new research has unveiled several limiting factors as well. Borrowing costs are currently low, tenant demand is high and voids and arrears are down, acc

  • South East set for house price boom

    South East house prices have overtaken London following annual growth of ten per cent in the last year, according to the latest figures from Rightmove. The firm’s House Price Index showed that growth in the capital was 9.6 per cent for the same perio

  • Gross rental yields at five per cent

    Gross rental yields on rental properties across England and Wales were at five per cent in September, according to the latest Buy to Let Index from Your Move and Reeds Rains This means gross yields are the same as they were in August, but on an annua

  • Rents reach new record levels

    Rents increased to new all-time record levels in September, according to the latest figures from the UK’s largest lettings agent networks, Your Move and Reeds Rains. The latest Buy to Let Index for September shows average rents across England and Wal

  • Rents across all regions up year on year

    UK rents have increased at a consistent pace throughout the last year, with average rent in Q3 reaching £903 per month, the latest data shows. The index from Countrywide Residential Lettings shows an increase of £21 per month compared to Q2, when the

  • House price growth of 30 per cent predicted

    House prices across England and Wales are set to increase by 30 per cent during the next five years, according to a new report from Oxford Economics. The economic forecaster suggested that the south will be the biggest beneficiary and added that a no

  • NLA provides landlord immigration check reminder

    The National Landlords Association has warned landlords and buy to let investors about the need to remember forthcoming legislation changes. From the start of December, landlords in the West Midlands will need to check the immigration status of their

  • New CML data reveals August lending drop

    Lending in August decreased slightly compared to July, marking the first time since February that lending declined, according to new data from the Council of Mortgage Lenders. Drops in August lending were noted among first-time buyers, home movers an

  • Vanilla properties losing flavour with landlords

    Rental yields on standard or “vanilla” buy to let properties are falling, according to the latest Mortgages for Business Complex Buy to Let Index. Gross yields on vanilla buy to let properties fall to 5.9% in Q3 2014, as purchase prices rise However

  • Student property yields reach 13 per cent in North West

    Landlords letting to students have noted gross cash rental yields of 13 per cent in some parts of the UK, according to new research. The Mistoria Group research showed that student property in the North West saw average gross cash rental yields reach

  • Tackling the stresses of being a landlord

    Being a landlord is more stressful that it used to be according to a new study, but what do property owners and investors need to consider? More than half of landlords have been forced to use their holidays to sort out property issues and a quarter o

  • Tenant demand driving rental sector expansion

    The expansion of the private rental sector is being driven by wide-scale tenant demand, according to the latest research from LSL Property Services. The Landlord Opinion Survey found that 41 per cent of landlords and buy to let property owners had no

  • Paragon backs long term tenancy plan

    Paragon Mortgages have lent support to government proposals for landlords to offer longer tenancies to those in private rented accommodation. A new Model Tenancy Agreement, launched earlier in September, aims to improve standards and stability in the

  • Buy to let market facing stricter regulation

    New affordability tests could see people being denied loans or paying more for their mortgages when new European laws come into force. The European Union is changing how accidental landlords are lent money, with new tests designed to ensure that any

  • ARLA suggest tenant demand outnumbers available properties

    Demand for rental property is so high that the number of ‘would-be tenants’ outnumbers the amount of available properties, according to new research. A survey of letting agents conducted by ARLA found that 68 per cent of them believe housing demand t

  • Sheffield tops the pile for buy to let gross yields

    Sheffield city centre offers the highest gross yields in the UK according to new research, providing buy to let investors with the best available returns. A gross yield of 11.06 per cent in the Steel City was the highest recorded from more than 2,600

  • New 85pc LTV buy to let finance for purchases

    As a fan of innovation in the buy to let mortgage market, I am pleased to announce that Mortgages for Business is involved in piloting a new 85% buy to let purchase product. Here’s how it works and how you can get access to it. The product is a combi

  • Landlords and letting agents should raise deposit claims AIIC

    Letting agents should take larger deposits to cover costs incurred at the end of a tenancy, the Association of Independent Inventory Clerks has claimed. Repairs and cleaning costs are not always covered by the money taken for deposits according to th

  • New solution for landlords struggling to get finance

    Keystone Buy to Let Mortgages has today announced the launch of its new Solutions Range, a suite of medium term buy to let finance products aimed at landlords who are struggling to get a buy to let mortgage. The announcement was made at Financial Ser

  • Buy to let investors and first time buyers advised to look north

    Buy to let investors and first time buyers should consider the north-east of England if they want the best deals, according to a lettings firm in the region. Ajay Jagota, chief executive of KIS, said recent research into property prices highlighted a

  • House prices peaking across more parts of UK

    UK house prices are returning to pre-crisis peaks across most parts of the UK according to the latest official data, driving more people into the rental sector. Data from the Office for National Statistics for July shows that home prices in the East

  • Record breaking rents boost landlord returns

    Rents grew slowly in August to reach an all-time record high, according to the latest buy to let index from LSL Property Services. It means average rents in England and Wales are now £761 per month, £3 higher than October 2013’s previous high of £758

  • Five tenants pursue every rental property claims Countrywide

    Demand for rental property in the UK is growing at such a pace that five tenants are now chasing every rental property that goes on the market. The figures come from the latest Countrywide Lettings Index for August which showed a steady increase in d

  • Regulated buy to let mortgages could scare lenders away

    A few buy to let transactions are already regulated but finding a lender can be difficult. Jeni Browne, head of regulated and buy to let lending, considers whether proposed regulation of accidental landlords will scare lenders away from these types o

  • Government proposes new buy to let regulations

    The UK government has announced that new regulations are to be brought in that cover part of the buy to let market . The move is an effort to comply with the EU mortgage credit directive and will focus on ‘accidental landlords’ – those who have delib

  • Understanding why investors gear their properties

    Steve Olejnik, sales director, explains gearing and why investors often use it. Borrowing to support an investment is known as “gearing” or, if you are American, “leverage”. Gearing is a common strategy used by property investors to grow their portf

  • Interest rates may rise sooner than expected

    If you read all of the commentary about Mark Carney’s Mansion House speech on Friday 13th June 2014 you will almost certainly be left believing that the Governor said that a rise in Bank Rate is imminent. Indeed, the BBC’s economics editor, Robert Pe

  • The buy to let saga continues

    Jeni Browne discusses why buy to let lenders impose age restrictions on borrowers. She also looks at which lenders can help older borrowers. Last week saw The Mortgage Works make a monumental change to its lending policy – previously you could apply

  • Implications of 15pc Stamp Duty Rate for Limited Companies

    Simon Whittaker, finance director, explains why the extension of the 15pc stamp duty rate on properties costing over £500k purchased by limited companies won’t affect most landlords financially. Two years ago the Chancellor introduced the 15pc rate o