Bedfordshire has emerged as the best region in the UK and Wakefield the best city to purchase a property through the Government’s flagship Help to Buy schemes and ISAs, new research has found.
Some of the first users of the Government’s Help to Buy equity loan scheme face repaying the finance without benefiting from house price gains.
It has been confirmed that a database of rogue landlords and letting agents as well as new banning orders will be introduced on April 6, 2018.
Foxtons has been fined £35,000 for failing to prove to a local council that a house it was letting was safe for tenants.
There has been a sharp rise in the cost of buy to let mortgages since the November 2 announcement increasing the Bank of England base rate.
The average home in England and Wales now sells for very nearly four per cent under its original asking price – a gap that is larger than this time last year.
New rental laws have come into force in Scotland in a move which will affect the rights of 760,000 tenants.
New figures reveal the demand from British people wanting to build their own home with over 33,000 having signed up to Right to Build registers across the country to secure a plot of land.
Almost half, some 47% of landlords in the UK have changed their investment plans based on tax changes, according to new research.
It has been a busy year for the sales and lettings property markets in the UK with ups and downs in both sectors, according to an overview from agents.
Landlords have just 60 days left to file their 2017 tax returns – the first to detail the impact of new rules forcing many of them to pay more tax, Simple Landlords has warned.
But-to-let landlords are adapting to ongoing restrictions to tax relief on buy-to-let mortgage interest, with almost half of all landlords having already changed their investment plans based on recent tax changes.
House price growth appears to have stabilised at 2.5 per cent per year according to the latest index to appear, that from Nationwide.
Foxtons says it takes just eight minutes for a purchaser to know whether they will go ahead with buying a home.
Some 80% of prospective tenants in the UK’s private rented sector have been put off renting a property due to a misleading property advert or because of a bad experience when viewing the property.
Most home owners, landlords and first time buyers are not confident targets set in the recent Budget will be met, or that it will address the current house building crisis.
The number of mortgage approvals in the UK remained level between September and October, but fell 1.5% compared to the same point a year ago, the latest monitor report shows.
The Mayor of London has decided to rip up the city’s existing planning rules and wants home builders to develop sites with higher density housing to substantially increase the number of homes.
A three-bedroom home was the latest successful property sale by Pattinson Auction, selling for nearly triple the starting bid.
International investors’ interest in the UK buy-to-let market is starting to increase once more, according to a new Liquid Expat Mortgages report, mainly because of the weak value of the pound.