The Law Society claims over 29,000 eviction claims in recent months leave “tens of thousands at risk of losing their homes.” The...
Archive
09 August 2024
From: Breaking News
Data sourced from millions of Barclays current accounts reveals spending on rent and mortgages rose just 1.5% year-on-year in June –...
11 July 2024
From: Breaking News
A third of homes currently for sale can be bought with a mortgage and monthly repayments that cost less than the...
20 May 2024
From: Breaking News
Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...
16 May 2024
From: Breaking News
An Office of National Statistics survey shows that the top three issues facing the UK are still the cost-of-living crisis (89%),...
16 May 2024
From: Breaking News
Renters are less financially resilient than recent remortgagers according to an analysis by business consultants Hargreaves Lansdown. It says over two thirds...
21 February 2024
From: Breaking News
Propertymark wants the Bank of England to cut interest rates following data showing soaring mortgage arrears and repossessions. Lenders trade body UK...
09 February 2024
From: Breaking News
The long-running aspiration of many to allow rental payments to be counted towards credit ratings appears to have taken a step...
15 January 2024
From: Breaking News
UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...
29 December 2023
From: Breaking News
A new survey of 4,000 landlords has identified the three qualities they look for in a letting agent. Whereas trust and liveability...
20 December 2023
From: Breaking News
Young couples are delaying marriage and starting families until they get out of the rental sector, research by Yorkshire Building Society...
29 September 2023
From: Breaking News
An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...
28 September 2023
From: Breaking News
Some prospective buy to let landlords may be about to use their equity to snap up investment properties at discounted rates,...
27 September 2023
From: Breaking News
More people are struggling to pay their rent according to a new government survey. The study, by the Office for National Statistics,...
12 September 2023
From: Breaking News
Two letting agents have been quoted in a newspaper report as saying landlord clients have instructed them to create ‘tracker’ rents...
04 September 2023
From: Breaking News
HSBC is increasing its maximum mortgage term to 40 years for buy to let, purchase, remortgaging and additional borrowing. Second homes will...
30 August 2023
From: Breaking News
Chancellor Jeremy Hunt is today charing a crisis meeting of mortgage lenders, as calls mount for him to take action to...
23 June 2023
From: Breaking News
A seasoned property lawyer who has specialised in residential landlord and tenant law for 22 years says she is embarrassed at...
16 June 2023
From: Breaking News
An estimated 700,000 households across the UK missed rent or mortgage payments in April, according to the consumer body Which? It has...
12 May 2023
From: Breaking News
Interest rates may be on the way up right now following the latest Bank of England decision but there’s good news...
03 February 2023
From: Breaking News
The Bank of England has increased base rate to 4.0 per cent - its 10th rate rise in a row. Nathan Emerson,...
02 February 2023
From: Breaking News
The Building Societies Association says housing market sentiment remains close to the all-time low. In a sentiment survey some 47 per cent...
29 December 2022
From: Breaking News
The Halifax has released a snapshot of the housing market as the year ends - with the cost of living crisis...
21 December 2022
From: Breaking News
Over the last decade, the proportion of people aged 24 to 64 living in their own home has fallen and the...
19 December 2022
From: Breaking News
The government is under new pressure to introduce a last minute eviction ban to avoid private renters facing homelessness over Christmas. Liberal...
15 December 2022
From: Breaking News
Data from the mortgage lenders’ trade body UK Finance shows the wisdom of agents having a lettings division. The body says: “We...
14 December 2022
From: Breaking News
The Monetary Policy Committee of the Bank of England has agreed to raise interest rates by 0.5 per cent to 2.25...
22 September 2022
From: Breaking News
The Bank of England's Monetary Policy Committee has announced that base rate is rising from 1.25 to 1.75 per cent. The rate is now...
04 August 2022
From: Breaking News
Data from Rightmove shows how an interest rate rise today, when the Bank of England meets, might effectively boost demand in...
04 August 2022
From: Breaking News
With the next Bank of England interest rate decision timed for tomorrow, it’s just been revealed that rate increases so far...
03 August 2022
From: Breaking News
The sales director of a property investment firm says high house prices, rising interest rates and the broader cost of living...
15 July 2022
From: Breaking News
Average asking rents outside London have hit another new record of £1,126 per calendar month according to Rightmove. This figure, for the...
14 July 2022
From: Breaking News
The most recent interest rate rise has swung the balance making it cheaper to rent than to buy, according to lettings...
20 June 2022
From: Breaking News
The cost-of-living crisis is leading to further dependence on the Bank of Mum and Dad, following an extended period of support...
19 May 2022
From: Breaking News
The UK Association of Letting Agents trade body is warning of “widespread evictions” unless government support is offered to tenants. UKALA chairman...
13 July 2021
From: Breaking News
The Chartered Institute of Housing claims there may be a “massive increase” in evictions in the near future. In a briefing paper the...
07 October 2020
From: Breaking News
An online lettings agency says landlords should take up mortgage holiday offers and be willing to accept reduced rent during the...
21 May 2020
From: Breaking News
Hello and here’s the latest daily update to help the industry through these unprecedented times. If you have any appropriate advice you...
03 April 2020
From: Breaking News
What appears to be the first court adjournment of an eviction case caused by the Coronavirus outbreak has happened - raising...
23 March 2020
From: Breaking News
The Nationwide is investing in a digital lettings service called Bunk - it’s headed by a 24 year old who has...
19 September 2019
From: Breaking News
Research by London agency Benham and Reeves says the cumulative cost of a landlord suffering a bad tenant and then evicting...
15 August 2019
From: Breaking News
A lettings agency is believed to be the first to offer landlords a year's rent in advance in one lump sum...
16 July 2019
From: Breaking News
There will be less buy to let remortgaging in future as landlords consolidate rather than expand their portfolios. The prediction comes from...
11 April 2019
From: Breaking News
Fergus Wilson, arguably Britain’s most controversial landlord and almost certainly the individual with the largest number of buy to lets in...
02 April 2019
From: Breaking News
Online lettings agency Upad says it’s to offer landlords a proprietary system to collect rental payments via Direct Debit. Its system, called...
03 December 2018
From: Breaking News
More progress is expected today in the passage of a Bill which will allow good tenants’ rent records to count towards...
26 October 2018
From: Breaking News
A survey suggests that 40 per cent of tenants have ‘issues’ with their agents or landlords and when they check out...
12 June 2018
From: Breaking News
A bid to allow good tenants’ rent records count towards their creditworthiness has taken a step forward thanks to Big Issue...
14 May 2018
From: Breaking News
Well over twice as many Scottish tenants have seen their rents rise at the start of the year compared to those...
01 March 2018
From: Breaking News
NoAgent, an online service charging landlords a fee to manage their properties, is the latest to offer a link between tenants’...
18 January 2018
From: Breaking News
Changes to buy-to-let lending criteria being introduced at the end of this month could encourage a surge of rental stock as...
05 September 2017
From: Breaking News
One of the biggest lenders to the buy to let community, Santander, is to lower its affordability assessments from next Wednesday. It...
13 April 2017
From: Breaking News
Protests planned by tenants’ groups for many Santander bank branches over the past weekend turned instead into celebrations after the institution...
20 February 2017
From: Breaking News
Credit rating consultancy Experian says it is cheaper to rent than buy in 84 per cent of areas, while it's cheaper...
08 November 2016
From: Breaking News
So much for Brexit and economic uncertainty disrupting the buy to let market - a new survey out today shows it’s...
26 October 2016
From: Breaking News
The chief executive of financial consultancy Clayton Euro Risk says changes soon coming in to tighten the criteria applied to buy...
04 October 2016
From: Breaking News
An action group campaigning on behalf of landlords has confirmed that it is ready to begin legal action against the Bank...
14 September 2016
From: Breaking News
A lettings agency on Merseyside is one of the first in the UK to take part of an experiment which could...