Category: Property Industry News

Buy to Let lending may be up in 2012 but the sector lacks competition

Buy to Let lending may be up in 2012 but the sector lacks competition

Council for Mortgage Lenders figures show new buy-to-let lending hit £3.7billion in the first quarter of 2012, an average of over 30,000 loans, 32% higher than Q1 of 2011. The sector is taking up an increasing...




Landlords have to protect themselves from rent arrears

Landlords have to protect themselves from rent arrears

Brokers have a crucial role to play in educating clients on the options they have to prevent or deal with arrears Buy-to-let landlords and lenders will take heart that tenant arrears have declined since...




Wales set to introduce licences for private landlords

Wales set to introduce licences for private landlords

Cardiff assembly to vote on proposed reforms that would mean only accredited homeowners could let their properties. Private landlords would have to obtain a licence before letting out homes under reforms being proposed by...




First rent rise in 3 months prompts warning to landlords

First rent rise in 3 months prompts warning to landlords

Rents rose for the first time in three months in April, according to LSL Property Services – a measure the housing minister Grant Shapps has been using to demonstrate that rents in the private...




Landlords urged to only deal with ‘safe’ letting agents

Landlords urged to only deal with ‘safe’ letting agents

Letting agents are urging landlords to make sure they only do business with firms offering a money protection scheme. Firms signed up to the SAFEagent scheme are highlighting that landlords and tenants risk losing...




Third of Landlords Ready to Buy More Rental Homes

Third of Landlords Ready to Buy More Rental Homes

Nearly a third of landlords have plans to buy more rental property this year, according to specialist buy to let lender CHL Mortgages. Landlord confidence is running high with just 1 in 10 aiming...




NewBuy … costs  25% more per week than renting

NewBuy … costs 25% more per week than renting

Hometrack’s latest paper “Market forces shape new housing supply” examines the latest trends in new private housing supply, emerging risks and opportunities, the profile of private starts by geography and the impact ongoing Government support...




£1.8m to tackle ‘beds in sheds’

£1.8m to tackle ‘beds in sheds’

The government has announced £1.8 million of funding to help councils tackle the problem of ‘beds in sheds’. Money will be allocated to nine councils where there is a particular problem with people trapped...




Buy-to-let mortgages up by a third

Buy-to-let mortgages up by a third

CML figures show buy-to-let loans in quarter one of 2012 were up by 32% annually, while repossessions have steadied. The value of mortgages taken out to fund buy-to-let purchases rose by a third year-on-year to the...