Tagged: buy-to-let

Members of the Council of Mortgage Lenders adopt new statement of practice

Members of the Council of Mortgage Lenders adopt new statement of practice

Buy-to-let lenders who are members of the Council of Mortgage Lenders are adopting a new statement of practice, designed to provide clarity about how responsible buy-to-let lenders operate. 31 lenders representing an estimated 90%...




Mandatory electrical safety checks excluded from DCLG review

Mandatory electrical safety checks excluded from DCLG review

The Department for Communities and Local Government’s housing standard review has excluded mandatory electrical safety checks in the private rented sector. This is despite the fact that the department has taken positive action on...




Agents warned over change in evictions law

Agents warned over change in evictions law

The new deregulation act will have major impacts on landlords, agents and tenants. From October tenants will be able to protect themselves from eviction by making a complaint about a property’s state of repair....




£300bn of BTL stock left unmeasured leaving landlords vulnerable

£300bn of BTL stock left unmeasured leaving landlords vulnerable

23% of UK landlords do not measure the return on their buy-to-let investments at all according to new research from Platinum Property Partners. This equates to £300bn of investment in BTL left unmonitored, meaning...




Void periods continue to fall

Void periods continue to fall

Paragon Mortgages has surveyed a panel of landlord customers for 13 years, and the average void period reported in Q1 2015 – 2.4 weeks – is the lowest since the survey began. In the...




Number of young professionals opting for HMOs on the rise

Number of young professionals opting for HMOs on the rise

‘Hutching up’, whereby several individuals share accommodation has traditionally been a London phenomenon due to the fact that rents in the area are prohibitively high. It appears however that this trend is on the...




84% of brokers believe letting agents should be fully regulated

84% of brokers believe letting agents should be fully regulated

According to a poll carried out by Mortgage Solutions, just 16% of respondents believe the industry does not needed compulsory regulation. Simon Ryan, a landlord and managing director of Social Advisers, said greater landlord protection...




Smoke and carbon monoxide alarms to be required in all rented homes

Smoke and carbon monoxide alarms to be required in all rented homes

All rental properties, both private and social, will soon be required to have smoke and carbon monoxide alarms installed. The move, supported by the British Property Federation was announced yesterday by communities minister, Penny...




New pension rules unlikely to impact market

New pension rules unlikely to impact market

In April of this year, new pension rules come into effect in the UK which will allow more flexibility in fund withdrawals. Recent headlines had suggested that these changes could result in a flood...




UK’s landlords spooked by coming election

UK’s landlords spooked by coming election

A survey of over 500 landlords by Urban.co.uk found that almost half of the UK’s private rented sector landlords have halted plans to expand their property empires ahead of the general election.  Among the...