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New equity release product range for BTL properties

Monday 21st August 2017

A new range of equity release products for owners of buy-to-let properties has today been launched by Retirement Advantage. The new products are designed to allow buy-to-let landlords to release cash from their properties, without the need to sell part, or all, of their entire portfolio...


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Rogue landlords slammed for ‘knowingly renting property to illegal migrants’

Monday 21st August 2017

Buy-to-let landlords allowing illegal immigrants to live in their properties may face jail after hundreds of people suspected of not having the rights to live in the UK were arrested during a national enforcement operation across Britain...


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Council approve revised selective licensing scheme

Monday 21st August 2017

City councillors in Nottingham have approved a new licensing scheme aimed at improving housing standards in the city’s private rented sector.  Following an extensive 11-week consultation earlier this year, which sought the views of tenants, landlords, letting agents and local people, the council’s executive board opted to approve the revised selective licensing scheme which includes some changes to the original proposal...


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Top tips for evicting an unwanted tenant

Monday 21st August 2017

As the buy-to-let industry has grown, so too have the many rules and regulations involved with letting a property. Keeping up with changes in legislation has never been more important, as failure to comply can impact a landlord’s ability to evict a tenant when things go wrong...


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Lender overhauls BTL mortgage deals

Thursday 17th August 2017

New Street Mortgages has unveiled changes to its buy-to-let range, while also making key alterations to its lending criteria. The lender has introduced a reduced reversionary rate option and can now offer a lower assessment rate on its five-year fixed products of 4...


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Rents fall in London despite greater demand from tenants

Thursday 17th August 2017

Average rents continued to fall across many parts of London during the second quarter of the year despite the fact that demand for rental property rose further, according to Foxtons...


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Top university towns and cities for buy-to-let revealed

Thursday 17th August 2017

Many landlords purchase properties near universities in order to take advantage of the lucrative yields that the student rental market often has to offer, with a new league table compiled by Simple Landlords Insurance claiming that private rental accommodation near universities can generate yields up to 12% per annum, but which locations offer the best returns? The study by the rental sector insurance specialist found that St Andrews in Scotland currently provides landlords with the best chance of achieving a rental return of up to 12%, followed by Lancaster, Loughborough and Birmingham which offer the potential to achieve a yield of at last 10%, while landlords buying property in Exeter, Durham, Sussex or Nottingham can expect to achieve a return of around 9...


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Paying rent ‘in full and on time’ should boost a tenant’s credit score, says RLA

Thursday 17th August 2017

Private tenants who pay their rent on time should see their credit rating boosted in order to make it easier for them to gain a foot on the housing ladder...


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Families and professionals ‘most likely to experience rent rises’

Thursday 17th August 2017

Rents are likely to rise in the third quarter of year as fewer rental homes come on to the market because more landlords are beginning to sell their properties as a consequence of recent tax changes affecting the PRS, with families and professionals expected to be hardest hit by rent hikes, according to Belvoir...


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Landlords first to be fined under new licensing scheme

Friday 18th August 2017

Four landlords in Peterborough have become the first to have been fined for not holding a licence under a new city council scheme. Last week, Shazia Parveen of Norton Road, Peterborough, was fined £440 and ordered her to pay a victim surcharge of £44 plus the council’s costs, while earlier this week, Sarah Jane Gratton and Dean Anthony Gratton of Berkeley Square, London, were found guilty of not licensing a property in Wildlake, Orton Malborne, and Francesco Semeraro of Stanley Road, Peterborough, was found guilty of not licensing a property also in Stanley Road...


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