Property Industry News

Mixed month for the UK lettings market

Mon, 20 Nov 2017 12:00:11 GMT
October produced mixed results for the UK rental market as data for new listings ‘to let’ rose, while figures for properties ‘let’ dropped for a third consecutive month, according to the latest HomeLet Rental Index. The figures show that the average monthly cost of a [...]
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Are you assured of compliance?

Mon, 20 Nov 2017 12:00:06 GMT
There is a lot for landlords to consider when letting a property and what is required often relates to the date a tenancy was granted and the area the property is in. However, assuming most tenancies have been granted post October 2015 and on the basis that this article should not be taken as [...]
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Coventry for Intermediaries unveils new Flexx for Term BTLs

Mon, 20 Nov 2017 12:00:02 GMT
Coventry for Intermediaries has launched new Flexx for Term buy-to-let mortgages at 50%-75% loan-to-value (LTV). The new range includes a 1.82% rate with a £1,999 fee and a 2.2% rate with a £999 fee, both at 50% LTV. Kevin Purvey, director of intermediaries at Coventry for Inter [...]
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A £5 raffle ticket could win you a £315k house in West Midlands

Mon, 20 Nov 2017 12:00:01 GMT
Thousands of people are being offered the chance to win a three-bedroom house in the West Midlands The bungalow in Halesowen, which is worth around £315,000, is being raffled off by company RaffleMyHouse. Company director Raj Roma confirmed that the draw, which will be pre-recorded an [...]
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The UK's top buy-to-let property hotspots unveiled

Fri, 17 Nov 2017 12:00:05 GMT
Buy-to-let landlords can still expect to achieve double-digit yields when investing up north, fresh research shows. A new survey by TotallyMoney provides both an interesting insight into the market and a useful tool for buy-to-let landlords, revealing that the north of England, and in partic [...]
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Rent Smart Wales needs full compliance to raise standards in the PRS

Fri, 17 Nov 2017 12:00:02 GMT
First introduced in November 2015, The Welsh government’s Rent Smart Wales (RSW) scheme was designed to drive up standards in the private rented sector and root out rogue landlords and agents.   Under the scheme all private rented properties in Wales and their landlords have [...]
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Rogue landlords urged to ‘take notice’ after hefty fine is issued in Bucks

Fri, 17 Nov 2017 12:00:01 GMT
A landlord has been handed a £10,000 fine after failing to properly maintain his rental property, leaving tenants living in substandard conditions. The landlord Piara Singh Sehajpal, of Honeysuckle Road Buckinghamshire, was issued an improvement notice after several ‘serious prob [...]
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‘Earn money in your sleep’ by investing in property, says ex-footballer

Thu, 16 Nov 2017 12:00:05 GMT
Football legend turned property magnate Robbie Fowler, estimated to be worth more than £30m, is behind free advice on how to become a successful buy-to-let landlord. Fowler, who owns a large property portfolio, is encouraging the public to take a £1,000-a-head ‘property aca [...]
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