Latest news, advice, and insights for UK property professionals
Newcastle for Intermediaries has introduced fee-assisted products to its 70% LTV range and expanded its tracker mortgage offerings, providing more options for borrowers.
Yorkshire Building Society has reduced mortgage rates for the second time in a week, with cuts across two-, three-, and five-year fixed products. The changes include new best buy options for house purchase.
Airbnb is investigating illegal sub-letting of social housing, with three major councils involved in the initiative, according to Landlord Today.
Propertymark reports more investors are considering commercial property over residential due to rising tax and compliance demands.
GB Bank has cut rates on its core buy-to-let range, with new rates starting from 4.69% at 65% LTV and 4.92% at 75% LTV. The changes apply to a wide range of landlord types.
A recent survey found that 69% of private sector tenants in England are unaware of or do not understand the Renters Rights Act.
Landlords are reminded of an upcoming HMO deadline on August 25, with warnings of consequences for missing it.
Generation Rent is urging the government to impose Awaab’s Law on private landlords this year, but the government says it will follow secondary legislation at a later date.
Most of the UK is seeing record high room rents, according to SpareRoom, as reported by Letting Agent Today.
Letting Agent Today reports that one in eight prime London lets are exempt from the Renters Rights Act, alongside changes in lets agreed and new instructions.
The Royal Institution of Chartered Surveyors has reported that tenant demand is rising again, according to its latest market survey.
Frozen inheritance tax thresholds and rising UK property values are drawing more families into the inheritance tax system, according to a report by Mortgage Strategy.
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