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Landlord news

Articles posted in February 2017

New mortgage deal exclusively for HMOs

Monday 27 February 2017

As more and more BTL landlords invest in houses in multiple occupation (HMOs), mortgage distributor 3mc has launched an exclusive mortgage deal, aimed at individuals as well as limited companies.

Choosing a suitable Letting Agent

Monday 27 February 2017

A question I get asked a lot is ‘how do you choose a good agent? My jovial and perhaps obvious answer is ‘You call Big Red House!’ but in reality it is a very valid and serious question.

Inventories can save landlords cash

Thursday 23 February 2017

23rd February 2017

As letting becomes an increasingly expensive business, landlords could save themselves cash – and annoyance – by paying for a professionally and independently compiled inventory.

Have your say on the housing white paper

Tuesday 21 February 2017

21st February 2017​

Housing minister Gavin Barwell is inviting housing professionals to join him to share their views on the housing white paper at a series of regional events.

Right to Rent must be scrapped new report urges

Thursday 16 February 2017

16th February 2017​​

Evidence from a report suggests that the Right to Rent scheme has backfired and the scheme itself has lead to landlords and agents becoming more cautious towards would-be tenants without passports.

Buy to let fixed rate mortgages fall to all-time low

Tuesday 14 February 2017

14th February 2017​​

New data shows that the price of two and three year fixed rate BTL mortgages has dropped to an all-time low, as lenders try to tempt landlords into buying.

Rents will outpace house price rises

Friday 10 February 2017

10th February 2017

UK rents are set to rise faster than house prices over the next five years, a survey by the Royal Institution of Chartered Surveyors (RICS) suggests. 

Council’s partnership scheme for landlords

Friday 10 February 2017

10th February 2017​

Milton Keynes Council has launched a scheme which offers to lease out private landlords’ accommodation and provide a full management service or find suitable tenants for empty properties.

NLA make three requests to Treasury

Tuesday 07 February 2017

7th February 2017​

Looming changes to mortgage interest tax relief in March’s Budget statement have prompted three requests to the Treasury from the National Landlords Association (NLA). 

BTL mortgage clause demands landlords raise rents

Monday 06 February 2017

6th February 2017​

A clause in Santander BTL mortgage contracts stating landlords must increase rents by ‘as much as reasonably can be achieved’, is to be reviewed by the bank.

Government plan to help renters

Monday 06 February 2017

6th February 2017​​

A long-delayed housing white paper, due to be published on Tuesday, which aims to help renters and fix the ‘broken housing market’ in the UK, has been blasted by the opposition.