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Lack Of Available Rental Property Driving PRS Price Increases


Thursday, August 27, 2015

Rental Property Demand Still Exceeding Supply The latest private rental sector (PRS) property index published by Your Move and Reeds Rains shows that average rental property prices in the UK are beginning to exceed £800 (GBP) per month, pushing PRS rental prices to a new record high. According to the report’s findings, PRS rents have [...]


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Surge in UK Property Demand


Thursday, August 6, 2015

UK Property Demand Reaches 11 Year High The number of people wanting to purchase properties in the UK has hit its highest level for over a decade thanks to record low mortgage deals, low interest rates, decent rental yields and pension reforms opening up investment opportunities for the British public According to data published by [...]


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Tenant Rent Arrears Increase As PRS Rents Climb


Wednesday, July 22, 2015

New Study Reveals More Tenants Are Struggling With Rent Arrears Tenants without rent protection insurance are struggling to avoid getting into rent arrears as private rental sector rental prices climb 5.6%. UK PRS rents have risen at the fastest rate since 2009, increasing at a faster rate than property prices for the first time since [...]


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Fall In Mortgage Arrears And Property Repossessions


Thursday, May 21, 2015

CML Data Shows Drop In Number Of Mortgage Arrears According to the latest data published by the Council of Mortgage Lenders (CML), the number of UK buy to let mortgage arrears and number of landlords facing repossession of their rental properties has fallen in the first quarter of this year. A decline was experienced in [...]


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Buy To Let Mortgage Lending Increasing Steadily


Wednesday, April 22, 2015

Buy To Let Mortgage Lending: Steady Year-On-Year Rise New data published by the Council of Mortgage Lenders has revealed despite a fall in the volume of buy to let mortgage loan advances in February 2015, annual lending is continuing to increase steadily. There were a total of 15,900 buy to let mortgage loan advances made [...]


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Pension Reforms Could Affect UK Property Market


Tuesday, April 14, 2015

Rise of Pensioner Landlords Could Have Dramatic Effect On UK Property Market As most people are already aware the UK pension rules changed on 6th April 2015, allowing people aged 55 and over to withdraw all or part of their pension pot to spend as they prefer rather than being forced to buy some form [...]


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Confusion Reigns Over Tenant Sub-Letting Proposals


Thursday, April 9, 2015

Housing Minister Contradicts Government Sub-Letting Proposals There is already a great deal of confusion and resentment surrounding the controversial proposals to allow the sub-letting of rental properties by tenants, announced by the Chancellor of the Exchequer, George Osborne MP, during the pre-election budget, last month. The proposals were announced by Mr Osborne during the Spring [...]


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Mortgage Borrowers Have Mortgage Affordability Concerns


Wednesday, April 1, 2015

Research Reveals Concerns About Mortgage Affordability Checks New research by Equifax has revealed that many people are worried about the length of time it takes mortgage lenders to assess their ability to repay residential and buy to let mortgage loans, with some fearing missing out on property deals because of the length of time they [...]


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Goodbye Landlords Energy Savings Allowance


Thursday, March 26, 2015

Landlords Energy Savings Allowance Scrapped in 2015 Spring Budget The Chancellor of the Exchequer, George Osborne MP, unleashed a few controversial measures during last week’s pre-election 2015 spring budget, including an announcement that Landlords Energy Savings Allowance (LESA) will be scrapped at the end of March 2015. Over the last few years, the Landlords Energy [...]


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2015 Pre-Election Budget Creates Landlords Sub Letting Nightmare


Tuesday, March 24, 2015

Controversial Sub-Letting Announcement Made In 2015 Pre-Election Budget The 2015 pre-election budget delivered last week by Chancellor of the Exchequer, George Osborne MP, outlined controversial plans that intend to make it illegal for private rental sector tenancy agreements (AST’s) to include clauses that prevent tenants sub-letting the rented property to others. This announcement has caused [...]


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