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Paragon Bank launches £750 cashback and new 3% fee option on five-year...
Paragon Bank has announced the introduction of a £750 cashback offer on all its five-year fixed-rate buy-to-let mortgages, alongside a new 3% fee option. This move is aimed at providing landlords with...
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Increase in rogue tenants exploiting London’s rental property market
London estate and lettings agent Benham and Reeves has uncovered a growing wave of fraudulent activity targeting landlords in the capital. With forged IDs, doctored documents, and undeclared financial...
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Private Rented Sector set for transformation as landlords brace for change
As the UK prepares for the upcoming October Budget, expected to bring significant tax changes, the Private Rented Sector (PRS) faces new challenges. With potential increases in Capital Gains and...
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Government promises extra funding to ease court delays ahead of Section 21 ban
Housing Minister Matthew Pennycook has pledged that the Government will invest in additional court capacity to manage the increased demand expected once Section 21 ‘no fault’ evictions are banned. This...
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Landlord fined £31,840 for multiple safety and maintenance violations in HMO
A local landlord has been hit with a hefty £31,840 fine after being prosecuted by Reigate & Banstead Borough Council for a series of safety and maintenance violations at a House in Multiple...
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Early autumn property market sees increased activity as buyers act on falling...
The property market has kicked off its traditionally busy autumn season earlier than expected, as many home movers spot a window of opportunity due to falling mortgage rates and increased housing...
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Landlords urged to act quickly as potential capital gains tax rise looms
With the Autumn Budget set for 30th October, speculation is growing about a potential increase in Capital Gains Tax (CGT). Landlords still looking to exit the market are being warned that time may be...
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Edinburgh landlords win third legal battle over short-term let suspensions
Edinburgh landlords have won a third legal challenge against the City of Edinburgh Council’s controversial short-term letting licensing scheme. More than 450 landlords were initially suspended from...
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UK inflation steady at 2.2%: what it means for landlords, investors, and savers
UK inflation held at 2.2% in August, matching expectations, with monthly growth up by 0.3%. While the headline figure remains stable, core inflation, excluding volatile sectors like energy and food,...
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Private rents rise 8.4% over past 12 months
Private rents have increased by 8.4% over the past year, according to the latest data from the Office for National Statistics (ONS). In August, the average rent across Great Britain reached £1,286....
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Student Accommodation Survey reveals shifting priorities as living costs soar
A new survey conducted by global property consultancy Knight Frank in partnership with UCAS reveals that the availability and affordability of student accommodation are playing a more critical role...
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Bank of England holds rates at 5%: What it means for the property market
The Bank of England has decided to keep interest rates steady at 5% for the second consecutive month, with eight of the nine Monetary Policy Committee (MPC) members voting in favour of holding rates....
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Stamp duty cuts and planning reforms essential to solve UK housing crisis
Ahead of the upcoming Budget, UK Finance has released its latest report, Homes We Need, urging the government to introduce a permanent stamp duty cut, reform the planning system, and align housing...
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Government targets higher standards for private and social housing landlords
The government has announced plans to introduce a new Decent Homes Standard for both the private and social rented sectors, with a formal consultation set to begin shortly. This move is aimed at...
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Airbnb supports labour’s plan to end Section 21 evictions
Airbnb has publicly endorsed the Labour Party’s initiative to abolish Section 21 evictions, aligning with the government’s forthcoming housing reforms. In a paid article on the Labour List website,...
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Allsop teams up with Reposit to offer deposit alternatives at build-to-rent...
Leading build-to-rent (BTR) and single-family housing (SFH) operator Allsop has announced a collaboration with Reposit, a prominent deposit alternative provider. This partnership aims to provide...
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Labour’s eviction reforms criticised for favouring rent dodgers, says NRLA chief
Labour’s proposed eviction reforms in the Renters’ Rights Bill have been criticised by Ben Beadle, CEO of the National Residential Landlords Association (NRLA), for potentially giving “rent dodgers a...
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The Mortgage Works cuts buy-to-let rates to boost market access for landlords
The Mortgage Works, one of the UK’s leading buy-to-let lenders, has announced a reduction in rates for new customers across selected buy-to-let products. Starting from Thursday 26 September, rates will...
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Overpriced homes slow to sell, but pricing isn’t the only issue, says research
New research from Moverly, a provider of digital property packs, reveals that overpriced properties are more likely to linger on the market. However, inflated prices may not be the sole factor...
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Property businesses face debt crisis as confidence drops ahead of Autumn Budget
As the Autumn Budget looms and fears of a potential capital gains tax hike grow, new research reveals that the property sector is grappling with the lowest confidence in meeting debt obligations...
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