Category: Property Industry News

North-South rental gap has almost doubled since 2008

North-South rental gap has almost doubled since 2008

The difference in cost between renting a home in the north than the south is almost twice as much as it was in 2008, according to new research. Data from the January 2014 HomeLet...




CML: December saw 10% dip in BTL loans

CML: December saw 10% dip in BTL loans

Gross buy-to-let advances in December totalled 14,500 loans, which was down 10% compared to November 2013, according to the CML. The value of these loans totalled £1.9bn, which was a decrease of 10% compared...




Millions give up on homeownership for good

Millions give up on homeownership for good

A “lost generation” of more than four million adults have given up on the idea that they will ever own a home. Only one in seven adults not currently on the property ladder believe...




Landlords looking to increase property portfolios

Landlords looking to increase property portfolios

A third of landlords are looking to expand their rental portfolios in the next 12 months, the latest BM Solutions / BDRC Continental Landlord Panel research reveals. The intent by landlords to add to...




Sharp growth in number of thirtysomething tenants

Sharp growth in number of thirtysomething tenants

The lack of opportunities for first-time buyers is trapping a greater number of older tenants in the private rental sector, research from Countrywide has found. The property giant said the number of over-30s living...




Labour landlord rules ‘could hit BTL lending’

Labour landlord rules ‘could hit BTL lending’

Experts are warning Labour’s crackdown on bad landlords in the private rented sector could have a “massive” impact on buy-to-let lending.




New agent-owned portal moves step closer to ‘implementation’

New agent-owned portal moves step closer to ‘implementation’

With more than 500 estate agents now on board and over £6 million already pledged to create their own online presence, Agents’ Mutual claims to finally be ready to take on the property website...




Packager slams buy-to-let requirements

Packager slams buy-to-let requirements

Specialist lending packager Complete FS has called on lenders to review their insistence on minimum income requirements when assessing clients for funding, writes Ryan Bembridge. Complete FS, which has seen a surge of business in...




Top tips for letting to benefits tenants

Top tips for letting to benefits tenants

Following speculation that buy-to-let landlords could shun tenants on benefits after the introduction of the universal credit scheme George Spencer, chief executive officer of online lettings service Rentify, offers advice to landlords.




Buy-to-let mortgages at cheapest level ever

Buy-to-let mortgages at cheapest level ever

Landlords are enjoying the cheapest buy-to-let mortgages ever as lenders drop rates and fees to grab a bigger share of the market. A report in The Telegraph compared today’s lowest rate of 2.49% fixed for two...