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A quarter of landlords look for higher-rated EPC properties

by peter littlewood | Aug 1, 2023 | News

Research from Paragon Bank has found that proposed tougher energy efficiency requirements for rental properties are already influencing landlords’ buying decisions, with a quarter acquiring higher-rated properties. Paragon’s research of over 1,200 landlords found that...

Nationwide – weakest property prices since July 2009

by peter littlewood | Aug 1, 2023 | Tax & Other Financial

Nationwide chief economist Robert Gardner noted that the price of a typical home is now 4.5% below the August 2022 peak. “Investors’ views about the likely path of UK interest rates have been volatile in recent months, with the projected Bank Rate peak...

Mortgage Advice Bureau reports 46% fall in BTL Lending

by peter littlewood | Jul 26, 2023 | Mortgages

In their recent trading statement, Mortgage Advice Bureau reported: UK gross new mortgage lending for the first five months of the year was 28% lower than in the same period in 2022, as rising costs of living and higher interest rates created further affordability...

Tenants issued insurance warning as ‘concerning number’ secretly sublet

by peter littlewood | Jul 26, 2023 | Insurance

An article in the Insurance Times warns Subletting is not covered under most landlord insurance policies,’ repeating a warning by Direct Line’s landlord product manager, Sarah Casey, who said: “With the market having seen an increase in average rents in the last year,...

Left wing think tank wants more anti-landlord laws

by peter littlewood | Jul 25, 2023 | Industry News, Renters Reform Bill

The Fabian Society is a left wing think tank, and one of its researchers has written in the LeftFoot Forward advocating a number of proposals supposedly designed to raise living standards for all of England’s  regions. Among their recommendations are requiring...
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