The first of the two new products, which have no application or completion fees, is a two-year fixed rate at 2.29% to 80% loan-to-value (LTV), or 2.74% at 90% LTV.
With more sales and letting agent branches than ever before now signed up to redress schemes, partly because it has been a mandatory requirement for all letting agents and property management agents to do so since October 2014, there has been a sharp increase in complaints against residential agents.
The number of landlords has fallen over the last two years despite a rise in supply of homes available to rent, meaning the typical buy to let investor now has a larger portfolio than ever before.
Buy-to-let landlords looking to invest in London’s rental market may wish to consider investing in the capital’s outer boroughs where the cost of buying property is generally affordable and the yields on offer rather attractive.
Despite a host of anti-landlord policies adopted by the government, including higher stamp duty and the phasing out of mortgage tax relief, as well as growing uncertainty around Brexit, the buy-to-let market continues to offer good returns, and not just thanks to decent rental yields.
Sales of buy-to-let properties continue to be driven by pension “pot hunters”, according to the latest findings from Sequre Property Investment.
Almost a third of buy-to-let landlords are unaware of the proposals for a draft bill banning letting agent fees, according to a new survey.
A rogue landlord who rented out squalid flats, which breached council planning laws and failed to meet basic living standards, has been ordered to pay out almost £339,000.
Almost a fifth of landlords say they are now less likely to let to EU nationals or people from the European Economic Area, according to the Residential Landlords Association (RLA).
A London property developer has reportedly become the first landlord in England to accept payments in the form of virtual currency Bitcoin.
A new ‘help and support’ page has been launched by HM Revenue & Customs (HMRC) to help landlords pay tax and keep records.
The government is being urged by the Residential Landlords Association (RLA) to do more to enforce compulsory fee disclosure.
Letting agents will compensate for potential losses resulting from a future ban on letting agent fees paid by tenants by increasing rents, it has been claimed.
Rogue landlords receive in the region of £2.5bn a year for renting out ‘non-decent’ properties, which includes homes that are unsafe, do not meet basic health and safety standards, in serious disrepair and infested with vermin, according to the Independent.
The landlord was prosecuted by Sheffield City Council after telling a tenant to move out and then removing and changing locks to the rental property just days later.
Landlords may begin selling off rental properties when new lending rules are introduced this month, an agent has predicted.
Your Move says a shrinking supply of properties, in part created by government measures against the lettings sector, has led to rent rises.
The rapid growth in popularity of buy-to-let in recent years has been fuelled in part by the failings of the pensions industry, fresh research shows.
A survey conducted for MyDeposits suggests some nine per cent of landlords – or one in 11 – is likely to cease using a lettings agent and instead self-manage their properties in a bid to save money.
Many landlords have reviewed their portfolio sizes and increased rents in response to the ongoing political uncertainty in the UK, according to a new piece of research.