Landlords in London can make more than £9,000 per calendar month if they furnish their property, a recent study by CIA Landlord Insurance revealed. On average, landlords with rentals in London receive £2,189 a month in rent. However, if they furnish their property,...
Barclays has said it is buying specialist mortgage lender Kensington Mortgage to take a bigger share of the UK housing market. The deal is worth around GBP2.3 billion, Barclays said. It requires UK regulatory approval and is expected to complete at the end of the...
Residential landlord Grainger has agreed to forward fund and buy the build-to-rent element of a Bristol development that is made up of 374 private rental homes, as well as 94 affordable homes and six commercial units. Grainger said it has agreed to acquire the scheme...
Five housing organisations have written to government ministers to warn that the Ministry of Justice’s proposed Fixed Recoverable Costs (FRCs) regime is likely “to devastate the tenant and borrower facing housing law sector”. The Government plans to extend FRCs to all...
Landlords who sold off properties from the private rented sector during the COVID-19 pandemic are often not returning to the market amid new, purse-tightening pressures. “Landlords who were left hit by the pandemic are now facing a cost-of-living crisis,” according to...
Plans laid out to bolster safeguards, improve inclusion and get a handle on buy now, pay later schemes. HM Treasury has today revealed plans to modernise consumer credit laws by reforming the Consumer Credit Act – which regulates all credit card purchases and personal...
During 2021, deposits held in rental disputes between landlords and tenants totalled £27m despite a year-on-year decline in volume, according to new industry insight from mydeposits. The latest figures show that over 4.5m tenancy deposits are protected across the UK...
New right to buy plans and changes for housing benefits claimants are being unveiled by the government. The schemes are being announced by Boris Johnson today as he looks to reset his government after the confidence vote. Under proposals announced to the media,...
In an answer to a written question submitted by Labour MP for York Central Rachael Maskell, the Department for Levelling Up, Housing and Communities confirmed that it would not support the introduction of rent controls. In the written statement, Eddie Hughes, who is...
The Telegraph have run a piece on a someone who can’t afford to buy a house, but can afford a Buy To Let. It can be seen here (registration might be required), and she says “In London, unless you get a lot of help or you’re super rich, or you’re in a relationship and...
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The latest data from Zoopla outlines positive trends in the UK housing market. Here's a summary: Increased Buyer...
Landlord Today has published an article by Sarah Coles, head of personal finance at Hargreaves Lansdown, on expert tax...
In their latest trading update, Paragon Banking Group reported: "We have seen an encouraging start to the financial...