Author Archive

New scheme launched to boost self build in the UK

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 […]

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Posted in Construction, First Time Buyer, Mortgage No Comments »

Stamp Duty Land Tax Bill receives first House of Lords reading

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 […]

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Posted in Important, Legal, Taxes No Comments »

Hinckley & Rugby updates seven mortgage rates

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 […]

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Posted in Finances, Mortgage, News No Comments »

Fleet issues first mortgage offer

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. […]

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Posted in Buy-To-Let, Mortgage No Comments »

Tenants should be offered indefinite tenancies, says think tank

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 […]

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Posted in Landlord Law, Prices, Renting No Comments »

Lenders increase proc fees

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 […]

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Posted in Buy-To-Let, Finances, Mortgage No Comments »

Warning to UK home owners over invasive plant controls

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 […]

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Posted in Important, Legal, Your Home No Comments »

Civitas: buy-to-let investors should face restrictions

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 […]

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Posted in Buy-To-Let, Finances, Renting No Comments »

Properties worth a total of £1bn will fall into the sea

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 […]

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Posted in Important, Interesting, Your Home No Comments »

UK landlords unfamiliar with new immigration checks

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 […]

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Posted in Landlord Law, News No Comments »