Monday, 29 November 2010
Wednesday, 24 November 2010
Nationwide says house prices to fall and interest rates to remain at 0.5%
The Nationwide's latest prediction is that house prices will continue their steady fall and that UK bank base rate will remain at 0.5% until late 2011.
They claim that house prices have fallen by 3% since June and are now just slightly higher than they were a year ago. Their Chief Executive Graham Beale said "In the housing market, conditions have weakened noticeably over the last six months, with both a decline in buyer demand and a modest downward trend in house prices".
There was no indication that the Nationwide would be offering any exciting new products designed to help the housing market.
For more information please click here Nationwide's latest report
They claim that house prices have fallen by 3% since June and are now just slightly higher than they were a year ago. Their Chief Executive Graham Beale said "In the housing market, conditions have weakened noticeably over the last six months, with both a decline in buyer demand and a modest downward trend in house prices".
There was no indication that the Nationwide would be offering any exciting new products designed to help the housing market.
For more information please click here Nationwide's latest report
Sunday, 21 November 2010
Lettings News week commencing 14 November 2010
Bill to require smoke alarms in rented properties fails
More cheer for landlords as rents go up again and arrears fall
Landlords campaign reaches Downing Street
Student landlords must act quickly to beat new rules
Landlords free to ignore deposit protection deadlines
Free advice for landlords at Sandy Park
The Top Ten Buy to Let Mortgages
More cheer for landlords as rents go up again and arrears fall
Landlords campaign reaches Downing Street
Student landlords must act quickly to beat new rules
Landlords free to ignore deposit protection deadlines
Free advice for landlords at Sandy Park
The Top Ten Buy to Let Mortgages
Monday, 15 November 2010
Lettings News week commencing 7 November 2010
Landlords hit Downing St over eviction delays
Pick up in buy-to-let lending
Average UK rents rise again
Landlords may be forced to 'green up' properties
Rogue Norwich letting agent jailed
Boiler scrappage scheme
Rental 'gazumping' on the up as demand rises
HMO landlords take first council to court over licencing
Pick up in buy-to-let lending
Average UK rents rise again
Landlords may be forced to 'green up' properties
Rogue Norwich letting agent jailed
Boiler scrappage scheme
Rental 'gazumping' on the up as demand rises
HMO landlords take first council to court over licencing
Friday, 12 November 2010
Landlord Centre responds to the latest buy-to-let figures published by the Council of Mortgage Lenders
Our business partners Landlord Centre respond to the latest buy-to-let figures published by the Council of Mortgage Lenders
Andy Young, chief executive at Landlord Centre, the online buy-to-let mortgage specialist, says:
'The latest figures published by the Council of Mortgage Lenders (CML) offer good news to landlords, and provide substance to a number of positive developments recently reported in the buy-to-let mortgage market. For example, new and established lenders have entered the market providing more products, increasing competition and better choice for property investors.
'The CML has reported a 33% increase in the value of buy-to-let lending compared with the same period last year and a similar trend in loan size was reported in Landlord Centre's latest Property Investor Profile for Q3 2010. The increase in mortgage value is likely to be a reflection of the gradual recovery of property prices and the availability of some higher loan-to-value buy-to-let mortgages.
'For over two years the buy-to-let mortgage market has been very subdued and these latest results are most welcome. However, there is still a way to go before the buy-to-let mortgage market returns to a reasonable level. The lack of finance available is still a big constraint for landlords and a considerably larger supply of funding is needed to satisfy the demand. This is also important in order for landlords to provide the level of decent rental accommodation required to meet the increasing tenant demand.'
For more information on Buy to Let Mortgages through NetRent.co.uk please click here
Andy Young, chief executive at Landlord Centre, the online buy-to-let mortgage specialist, says:
'The latest figures published by the Council of Mortgage Lenders (CML) offer good news to landlords, and provide substance to a number of positive developments recently reported in the buy-to-let mortgage market. For example, new and established lenders have entered the market providing more products, increasing competition and better choice for property investors.
'The CML has reported a 33% increase in the value of buy-to-let lending compared with the same period last year and a similar trend in loan size was reported in Landlord Centre's latest Property Investor Profile for Q3 2010. The increase in mortgage value is likely to be a reflection of the gradual recovery of property prices and the availability of some higher loan-to-value buy-to-let mortgages.
'For over two years the buy-to-let mortgage market has been very subdued and these latest results are most welcome. However, there is still a way to go before the buy-to-let mortgage market returns to a reasonable level. The lack of finance available is still a big constraint for landlords and a considerably larger supply of funding is needed to satisfy the demand. This is also important in order for landlords to provide the level of decent rental accommodation required to meet the increasing tenant demand.'
For more information on Buy to Let Mortgages through NetRent.co.uk please click here
Sunday, 7 November 2010
Lettings News week commencing 31 October 2010
Landlords set to cash in as demand soars
Scam alert over letting agents
Landlords fire safety bill before parliament
Landlords may be subject to energy efficiency legislation
Landlords accuse minister of making misleading claims
Minister accuses landlords of "inflating prices"
Student landlords warned over tenant privacy laws
Law firm backs calls to speed up eviction system for trouble tenants
Top 10 Buy to Let Mortages
Scam alert over letting agents
Landlords fire safety bill before parliament
Landlords may be subject to energy efficiency legislation
Landlords accuse minister of making misleading claims
Minister accuses landlords of "inflating prices"
Student landlords warned over tenant privacy laws
Law firm backs calls to speed up eviction system for trouble tenants
Top 10 Buy to Let Mortages
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