More buy-to-let lenders have cut their rates
Many of the biggest lenders in buy-to-let mortgages have repriced their mortgages in the buy-to-let sector. NatWest, HSBC and Barclays are among the biggest names to have adjusted their mortgages in both the buy-to-let and residential sectors. Accord Mortgages has reduced its rates again on its buy-to-let product – this time by up to 0.20 […]
The Lettings Advisory Board outlines recommendations for the private rented sector
The Letting Advisory Board, which was set up by property portal Zoopla, has written to the government outlining recommendations to help to raise standards in the private rented sector (PRS). These build on proposals set out in the new Renters Rights Bill outlined in the King’s Speech. The group is made up of leading industry […]
The vast majority of renters are satisfied
Private renters are more satisfied with their accommodation than those in the social rented sector, according to new data. The government’s latest English Housing Survey revealed 82 per cent of private renters were satisfied with their accommodation. This was in comparison to 74 per cent of those who were questioned and lived in the social […]
Priorities for voters in the rental market
As the general election approaches, four key housing concerns have been voiced by property experts, estate agents, homeowners and renters. Property portal Rightmove says its research has highlighted accelerated house-building, first-time buyer support, stamp duty reform and greater green incentives as priorities for voters. A key ask of the next government is that they prioritise […]
Landlords and letting agents remain undecided about who to vote for
A large proportion of those in the residential lettings industry remain on the fence about who they will vote for in the general election on July 4. A survey of more than 1,000 property professionals found nearly half of landlords and letting agents remain undecided about how to cast their vote or are open to changing their minds ahead […]
More good quality rental homes are needed
50,000 rental properties are needed to bring supply back to pre-pandemic levels, according to property portal Rightmove. Investment from new landlords should be encouraged, says the company’s director of property science Tim Bannister The call comes as the average number of enquiries for each rental home is now 13, down from 19 at this time […]
Private rented sector essential to jobs across the UK
A new report has revealed small and medium landlords in the private rented sector (PRS) support over 390,000 jobs, both directly and in the wider economy. The research, by the National Residential Landlords Association and Paragon, produced by PwC, also shows how the PRS in England and Wales makes a gross value added (GVA) contribution of […]
High streets and town centres need revitalising
More action needs to be taken to help breathe life back into town centres and high streets, according to the British Property Federation (BPF). The organisation has called for business rates to be capped at 35 per cent of rental levels to save businesses billions of pounds per year in tax and help revitalise shopping […]
Landlords consider energy efficiency when investing in property
A quarter of landlords are prioritising energy efficiency when it comes to adding a property to their investment portfolio, according to recent research. The revelation from the Mortgage Lender comes despite the government’s rollback on energy efficiency targets for buy-to-let (BTL) properties last year, which meant landlords would not get fined if they failed to […]
Landlords are vital to the local economy
Landlords are important contributors to local economies, according to research from specialist lender Aldermore. According to the bank, which provides financial services to small and medium-sized businesses and personal customers, they generate wealth for the areas close to their properties in different ways. According to the research, almost eight out of 10 landlords choose to […]
