Property Industry News

Landlord confidence bullish despite higher buy-to-let taxes

Fri, 21 Jul 2017 12:00:06 GMT
A number of landlords remain confidence about the buy-to-let sector despite tax hikes hitting the private rented sector, research shows. More than half - 57% - of landlords have not changed their view of the buy-to-let market despite April’s cut in mortgage tax relief and last year&rsq [...]
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BTL tax changes the ‘next pension crisis’, warns NLA

Fri, 21 Jul 2017 12:00:05 GMT
Having long provided mega double-digit returns for investors, investment in buy-to-let has outperformed all major asset classes in recent years, but the recent slowdown in the market suggests that could be about to change, which may prove to be bad news for many people who are over-reliant on [...]
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London’s super prime rentals market is booming

Fri, 21 Jul 2017 12:00:03 GMT
With a growing number of would-be buyers turning to luxury rentals while they wait out political and economic uncertainty, activity in the capital’s super prime market, where tenants are prepared to pay £5,000 or more per week for a home, continues to grow, the latest figures show [...]
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Online property support service continues to grow with more field agents

Fri, 21 Jul 2017 12:00:01 GMT
Access 2 View, the online support service that provides landlords and letting agents with a range of services, including property management, property viewings, inventories, floor plans, photography and key management, is now into its fifth year and making serious headway with their turnkey s [...]
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TV show exposes ‘lack of communication’ between landlord and tenants

Thu, 20 Jul 2017 07:00:06 GMT
A BBC TV show challenging landlords to spend a week living in one of their own rentals, on their tenant's budget, provides a real eye opener for the letting industry, not least because it highlights the fact that poor communication remains a problem for landlords, tenants, and m [...]
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Users are wising up to ‘dangers of online rental fraud’

Thu, 20 Jul 2017 07:00:01 GMT
With July being Fraud Awareness Month, the subject of online rental fraud has been brought into the spotlight by Nick Marr, co-founder of TheHouseShop.com, who is keen to plug his firm’s property ownership verification system for all private advertisers. With some prospective tenants s [...]
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Foundation Home Loans offer first-time landlords ‘more options’

Thu, 20 Jul 2017 12:00:03 GMT
Foundation Home Loans yesterday announced that it is improving its first-time landlord range, with the introduction of a five-year fixed rate option, with rates starting at 3.59%. The idea behind the new mortgage product range is to offer first-time landlords the opportunity for longer term [...]
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Plan to introduce landlord licence in Nottingham approved

Thu, 20 Jul 2017 12:00:01 GMT
Private landlords in Nottingham may soon have to obtain a licence after plans to introduce a selective licensing scheme were given the go-ahead yesterday by the council. The council’s executive board voted unanimously to approve proposals for the scheme, after initial plans were revise [...]
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