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Breaking News

Rail strikes could be responsible for rent dips, figures show

The Southern Rail strikes which have caused disruption for commuters have started to have an impact on rental price growth in the South East. Landbay's latest rental...

NLA updates mortgage sourcing system ahead of tax changes

Online mortgage search tool NLA Mortgages has implemented a new sourcing system, allowing landlords to find mortgage products based on their tax status. The free system has...

Landlords warned of dangers of ignoring new electrical regulations

A property management firm has urged Scottish landlords to take electrical safety legislation seriously. Ross and Liddell says that landlords who fail to comply with changes to...

Landlords are ‘turning their backs on the capital’ in search of higher yields

Buy-to-let landlords are increasingly looking to move out of central London to more affordable suburbs where higher yielding property investments are available, according to the National...

Private sector rents rise in line with wages

Private rental price increases have accelerated modestly, in line with earnings across England, according to a new report from the National Audit Office. But while the cost...

Strong start to the year for buy-to-let market

While many will agree that 2016 was not the best year for buy-to-let, as the government introduced a raft of anti-landlord policies, 2017 seems to be...

Landlords borrowed an average of £15,000 more to buy property in 2016

Average buy-to-let loans and deposits increased last year, as a result of increasing property prices and the tougher stance by mortgage lenders on criteria and rental...

Surprise fall in the cost of renting property in Scotland

Rents in Scotland have fallen annually as a slowdown in the rate of growth in some markets of the central belt pushed annual national growth into...

London’s super-prime rental market benefits from sales slowdown

The prime rental market in the capital has benefitted from the sales slowdown, with greater stock and more people needing to rent as they refurbish their...

Council launches consultation on new selective licensing scheme

Nottingham City Council has launched a public consultation on plans to introduce a selective landlord licensing scheme in the city. The consultation, which runs until 31 March...

Lender broadens range for borrowers

Marsden Building Society has broadened its product range across its buy-to-let, residential and older portfolios, including cutting prices and increasing loan-to-value (LTV) bands. Marsden’s range sees a...

Buy-to-let lending hits highest level since stamp duty surge

There was a significant rise in the amount buy-to-let landlords borrowed to invest in property before the introduction of new affordability tests brought in at the...

More buy-to-let landlords turn to bridging finance

The Bank of England’s decision to crack down on buy-to-let lending through the introduction of tighter borrowing rules and stricter affordability tests mean that increasing numbers...

Landlord ordered to pay over £8,000 for catalogue of health and safety hazards

An unscrupulous landlord who failed to maintain his rental property, which included mould and a leaking toilet, has been prosecuted by Woking Borough Council. Landlord Alan Kevin...

Landlords face ‘robust enforcement action’ unless they join new scheme

Landlords in Peterborough are being warned to sign up to a new licensing scheme or end up in court. Peterborough City Council has issued a statement insisting...

Buy-to-let market’s ‘loss’ has been owner-occupiers ‘gain’

The buy-to-let sector is continuing to struggle with valuations contracting 26% on an annual basis following a turbulent year, according to the latest research from Connells...

More landlords opt for higher yielding HMO conversions

A growing number of buy-to-let landlords are looking to boost rental profits to help cope with pending tax hikes by converting their properties into Houses in...

Tenants jailed for turning rental property into a cannabis farm

Two cousins who turned their rental property in central Hartlepool into a drug factory were jailed yesterday. Mark Robbins, 42, and Sean Keenan, 29, were caught by...

Prime rental values fell in the Home Counties last year

Prime rents in the Home Counties dropped by an average of 0.8% last year, as a higher number of homes available at the top end of...

The best (and worst) postcodes for buy-to-let returns unveiled

The key to a successful long-term buy-to-let investment is securing solid rental yields for income returns and the potential for capital growth from increasing property prices...

Expert tips on dressing a property for rental

Finding a tenant for your property is more of an art than a science. It has, in a sense, got a lot to do with psychology.  You...

Demand for buy-to-let set to fall in Q1 2017

The number of people investing in the buy-to-let sectors is expected to fall in the first quarter of the year ahead of changes to tax relief...

Tenants’ union needed to improve ‘mediocre’ renting conditions

A major think-tank wants to see the government help hand back power to tenants, enabling them to improve conditions in the private rented sector. IPPR is calling...

Landlords urged to act to prevent pipes from freezing as temperatures plummet

With blizzard-like conditions set to cover the UK in snow this weekend, buy-to-let landlords are being advised to prepare their properties for winter’s worst. Frequent snow showers...

Thousands of amateur landlords don’t understand their legal responsibilities

Thousands of private landlords in Scotland require greater support to help give tenants a better service, according to housing and homeless charity Shelter Scotland. Summarising the first year’s...

Landlords offered online tax training

With less than just three weeks remaining until the January 31 Self Assessment deadline, buy-to-let landlords are being reminded that there are tax tutorials available for landlords requiring help...

Buy-to-let: hotspots for 2017 revealed

If rental yields form a crucial part of your property investment strategy in 2017, look no further than the North West of England, according to Rightmove.   The...

Landlords should be ‘supported’, rather than ‘burdened with unfair tax measures’

The government needs to do more to support buy-to-let landlords, and start by reversing recent tax increases and unnecessary regulation in the buy-to-let sector, it has...

Longer term tenancies needed to enable tenants to plan for the future

More needs to be done to focus on improving renting rather than obsessing over property ownership, according to a specialist provider of retirement rental properties for...

Sharia compliant BTL mortgage range launched in Scotland

Buy-to-let landlords north of the border are being offered an alternative to conventional, interest-bearing, property finance products, following the launch of Islamic buy-to-let property finance in...

Buy-to-let lending ‘returned to normal’ in Q4 2016

Buy-to-let lending returned to some form of normality during the fourth quarter of 2016, according to fresh lending figures. The share of lending for acquisitions in the...

Annual price growth continues to slow as rents hit an affordability ceiling

Annual rental price growth slowed to just 1.7% in December, which was less than half the 3.8% increase recorded in December 2015, according to HomeLet’s latest Rental...

Ministers urged to scrap stamp duty surcharge to help solve housing crisis

Buy-to-let landlords are calling for the Welsh government to help get the housing market in Wales moving again by amending or abolishing the 3% stamp duty...

Lender announces criteria changes to open up products to more landlords

Bank of Ireland for Intermediaries has removed its £25,000 minimum income requirement for buy-to-let and increased its maximum loan size by £500,000 to £1.5m. The move is...

Dress to impress to achieve a higher rental yield

Home staging can not only help to make a property highly desirable, but it can also help to deliver a higher rental yield, it has been...

Rents outside of London hit average of £750 a month

The average cost of renting a home has increased outside of London as rent paid rose 2% and pay fell over 2016, according to latest Landbay...

New fixed rate range to help buy-to-let landlords ‘minimise costs’

Paragon has launched a range of new fixed rate products for those seeking to make fresh buy-to-let acquisitions as well as remortgage existing properties in their...

Sharp fall in buy-to-let mortgage products

There has been a significant decline in the number of buy-to-let mortgage products, with 74 deals withdrawn from the market last month, marking the steepest reduction...

Buy-to-let mortgage rates set to fall

Buy-to-let mortgage rates are expected to fall in 2017 for ordinary landlords with one or two properties, but get more expensive for professionals with larger portfolios,...

We won’t accept ‘battered wives’ or ‘plumbers’, says UK’s biggest landlord

The UK’s largest private landlord has drawn up a list of the sort of tenants that the he will and will not accept in his properties. Fergus...

New podcasts designed to ‘educate’ buy-to-let landlords

Private renting policy changes will undoubtedly challenge many private landlords, and could even drive some small buy-to-let investors out of the sector altogether, but to help...

Tax deadline approaching, are you ready?

It’s that time of year again. Filing an annual tax return is a necessary task for every self-employed person, including buy-to-let landlords, with the 31 January...

Buy-to-let landlords ‘will naturally gravitate north’ in 2017, says agent

There has been a significant drop in the number of buy-to-let landlords snapping up properties following the government’s outright assault on the industry, and the signs are...

Sharp rise in limited company buy-to-let applications

An increasing number of buy-to-let landlords are looking to overcome recent government interventions in the market by acquiring property via limited companies, the latest Mortgages for...

Landlord ordered to repay £39,000 rent

A buy-to-let landlord who failed to obtain a license for a property in London has been ordered to repay close to £40,000 in rent after action...

New private landlord service launched

A new private landlord service has been set up to assist buy-to-let landlords across West Cheshire by providing them with a range of useful information and...

Number of buy-to-let landlords struggling to pay mortgages hits 2-year high

A growing number of buy-to-let landlords are struggling to keep up with their mortgage payments, new figures show Mortgage arrears among landlords increased by 6%, from 4,700...

More than £2bn in housing benefits paid to private landlords in Scotland

Private landlords north of the border have received more than £2bn in housing benefit over the past five years, new figures show. According to fresh data from...

New buy-to-let range launched by Landbay

Landbay has launched a range of new buy-to-let products aimed at professional landlords, including expats and those with HMOs. The products, available up to 80% loan-to-value (LTV),...

New buy-to-let products from Mansfield BS

Mansfield Building Society has unveiled a new buy-to-let range up to 75% LTV and updated its rental income criteria, in accordance with the Prudential Regulation Authority’s...