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Many first-time buyers can’t leave behind their ‘reluctant renter’ status

The scales are tipping in the UK towards a greater number of private renters compared to owner-occupiers, as reflected by the decline in homeownership levels. Residential property transactions decreased in July, according to the latest...

Sajid Javid says that he will not shift stamp duty to sellers

Sajid Javid has dismissed a report in the Times over the weekend that claimed he planned to make property sellers rather than buyers pay stamp duty tax. “I wouldn't support that,” the chancellor said in a...

Spotahome launches new landlord functionality for online property rental

Spotahome has expanded its landlord functionality for landlords to secure and process long-term rental bookings online. The PropTech startup decided to introduce a number of new features and initiatives in the booking process to enable...

Landlords urged to ‘fight’ to protect their rights to legitimately repossess properties

Buy-to-let landlords are being encouraged to back a legal case aimed at protecting their rights to repossess properties by making a financial contribution through a Crowd Justice website. This follows a recent court case in which a...

Rental market defies usual summer slowdown

There has been a further improvement in letting market activity, according to board company Agency Express. The number of new rental property listings ‘to let’ increased by 8.5% during July compared to the previous month, while...

Half of landlords would not currently invest in the BTL sector

A number of landlords would not currently consider investing in the buy-to-let sector as a consequence of buy-to-let tax and legislative changes, new research shows. Mortgage interest relief changes under Section 24, the scrapping of...

One in four Brits plan bank holiday DIY

When living in a rental property, it is only natural that your tenants will want to make it feel like home as much as possible. But there are certain things they will not be...

Axis Bank aims to meet ‘needs of modern landlords’ by improving DIP process

Buy-to-let lender for professional landlords, Axis Bank UK, has improved its Decision in Principle (DIP) submission system to make it a quicker and simpler process for intermediaries to secure a mortgage for borrowers. The online...

Top tips for choosing a letting agent

The letting agent you instruct for your buy-to-let property could have a major impact on your landlord experience. While a decent letting agent should make your life as a landlord much easier, a incompetent agent...

UK rental sector generates more than £50bn in rental payments each year

The private rental sector in the UK generates more income than 130 world nations and FTSE 100 companies, new research shows. The research by lettings platform, Bunk, which looked at the income generated by the...

Fixed rate buy-to-let mortgages fall further

The majority of fixed rate buy-to-let mortgage rates are continuing to fall, according to the latest research from Property Master. The online mortgage broker’s tracker for August, which follows a range of buy-to-let mortgages for...

New scheme will allow landlords to significantly ‘improve their cashflow’

A new scheme will aim to offer landlords more financial freedom to expand their property portfolio or make an alternative investment when it launches later this month. Choices Estate Agents will introduce a new Advanced...

Welsh government launches new guide on the Welsh tenant fee ban

The Renting Homes (Fees Etc.) (Wales) Act 2019, banning landlords and agents from charging fees to tenants, will come into effect on 1 September 2019 in Wales. The Act means that from the start of...

Property price cuts attracts buyers

There has been a 6.1% increase in the number of property sales agreed, as buyers are spurred into action by improved affordability and the opportunity of securing a deal prior to the Brexit deadline,...

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