John Lewis's expansion into property development is facing challenges with its Bromley housing scheme, as concerns from the London Fire Brigade have been raised regarding the placement of smoke vents in the building. The current designs have been criticized for...
Nearly four in 10 (37%) portfolio landlords, those with four or more properties, plan to increase the size of their portfolios in 2024, Paragon Bank research has found. The majority of them will fund the purchases by releasing equity from other properties in their...
House prices strengthened in February as mortgage rates continued to fall. According to Rightmove's latest house price index, average new seller prices rose by 0.9% on the month, or 0.1% year-on-year. It is the first time the annual price change has edged into...
Writing in Landlord Today, Yasmin Ulhaq of Glenfield Property Management opines on 'The Rich Embrace Renting Over Selling', being of the opinion that the decision between renting and buying a residence in London, especially for ultra-high net worth individuals, is...
Housing Law Week have re-published an article about 'If a landlord needs to evict a tenant, in the vast majority of cases they need to serve a notice first. These are known as possession or eviction notices, and some people refer to them as ‘Notices to Quit’. However,...
The House of Commons Library has released a briefing focusing on the United Kingdom's progress in enhancing energy efficiency. The report can be seen here, and highlights several key points regarding the progress and challenges of improving energy efficiency in UK...
The Department for Levelling Up, Housing and Communities (DLUHC) has released statistics regarding cumulative sales since the launch of the Help to Buy (equity loan) scheme on April 1, 2013. The key points from the release are as follows: Between April 1 and May 31,...
On February 9, 2024, the National Audit Office (NAO) released a report titled "Government’s management of legal aid," which highlights the need for the Ministry of Justice (MoJ) to take additional steps to ensure that legal aid is accessible to all those who qualify...
The Ministry of Justice recently released quarterly national statistics on possession claim actions in county courts by mortgage lenders and social and private landlords, covering the period from October to December 2023. The data indicates a continued trend of growth...
Paragon Bank is currently offering landlords reduced rates on its 2-year fixed-rate buy-to-let mortgages, marking its lowest rate in 18 months and reductions of up to 0.35%. Here are the key highlights of their offer: A new 70% loan-to-value (LTV) 2-year fixed-rate...
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Grainger plc, the UK's largest listed residential landlord, has responded positively to the proposals outlined in the...
The demographics of the UK rental market are not only shifting in terms of tenants but also among landlords. Analysis...
NatWest has updated its mortgage terms to allow landlords to rent out their properties on short-term and holiday let...