23/01/2015
Published by Property Wire on Thursday, 22 January 2015 A new scheme that will enable more people to build or customise their own homes in the UK while also helping local authorities with land to develop has been launched. Designed to de-risk the process of obtaining mortgages for self built and custom built […]
Tags: custom build.Self Build Scheme, development, Lloyds, local authorities, mortgage, self-build
Posted in Construction, First Time Buyer, Mortgage
16/01/2015
Published by TSO – Have Your Say on Saturday, 16 January 2015 The ‘Stamp Duty Land Tax Bill (HLB 80) has received its first reading in the House of Lords, and has begun its journey through the Lords to be passed into law. The Bill makes changes to the way that Stamp Duty […]
Tags: first reading, House of Lords, new rules, Stamp Duty Land Tax
Posted in Important, Legal, Taxes
16/01/2015
Published by FT Adviser on Wednesday, 14 January 2015 by Peter Walker Hinckley and Rugby Building Society has cut the interest rates on seven mortgages, including two buy-to-let deals. The news discounted rates apply to several high loan-to-value deals. A 95 per cent loan-to-value two-year discount mortgage is down from 3.85 per cent […]
Tags: discount mortgage, five-year fix, interest rates, loan-to-value
Posted in Finances, Mortgage, News
15/01/2015
Published by Mortgage Introducer on Monday, 12 January 2015 by Ryan Bembridge Fleet Mortgages has issued its first mortgage offer 10 days after receiving the full application from distributor Buy to Let Club. The product was a 2-year Buy-to-Let remortgage of 3.29% to 75% LTV on a four-bedroom house in the South East. […]
Tags: buy to let, Buy To Let Club, Fleet Mortgages, remortgage
Posted in Buy-To-Let, Mortgage
09/01/2015
Published by Landlord Today on Monday, 05 January 2015 Tenants in the private rented sector should be given new rights to stay in their home as long as they want, according to Civitas. The think tank also suggested that tenants should receive guarantees that their rent will not increase above inflation. In a […]
Tags: housing, landlords, LHA, private renting, regulated rent
Posted in Landlord Law, Prices, Renting
08/01/2015
Published by Mortgage Finance Gazette on Monday, 05 January 2015 by Joanne Atkin A number of mortgage lenders are increasing their procuration fees after a flurry of providers did the same towards the end of last year. For all new residential mortgage applications received by Skipton Intermediaries, proc fees will rise to 0.40 […]
Tags: mortgage lender, proc fees rise, procuration fees
Posted in Buy-To-Let, Finances, Mortgage
07/01/2015
Published by Property Wire on Friday, 02 January 2015 Buyers and sellers in the UK are being advised to check for signs of the invasive Japanese knotweed plant in gardens, or else they could face criminal prosecution. The government has announced measures aimed at controlling the spread of non-native plants, including the invasive […]
Tags: anti-social behaviour, criminal prosecution, duty of care, Japanese knotweed, residential property
Posted in Important, Legal, Your Home
06/01/2015
Published by FT Adviser on Friday, 02 January 2015 by Damian Fantato Buy-to-let investors should face restrictions on how much they can charge their tenants, a report into the UK’s private rented sector claims. The 58-page paper, written by Daniel Bentley of Civitas, claims the UK’s housing market is “a mess” because of […]
Tags: private renting, rent increase restrictions, tenants
Posted in Buy-To-Let, Finances, Renting
30/12/2014
Published by The Independent on Monday, 29 December 2014 by Jon Stone Nearly 7,000 properties worth over £1bn will fall into the sea because of coastal erosion over the next century, according to an Environment Agency report. The properties will be allowed to fall into the sea because the cost of protecting them […]
Tags: coastal erosion, Environment Agency, insurance, properties, vulnerable properties
Posted in Important, Interesting, Your Home
30/12/2014
Published by Property Wire on Tuesday, 23 December 2014 UK landlords do not fully understand the new immigration checks they are being required to undertake and those already doing so are not happy about it, new research shows. Landlords in the West Midlands are already compelled to check the immigration status of would […]
Tags: immigration checks, legislation, letting agent, UK landlords
Posted in Landlord Law, News