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This moderated annual growth from 13.1% in June to 8% in July, and leaves the average house price at £256,000.
The Renters Reform Coalition met MPs, including Stephen Timms, chair of the Work & Pensions Committee, and Lloyd Russell Moyle, chair of the All-party Parliamentary Group on Renters and Rental Reform.
Sellers normalise high prices, and become reluctant to accept less.
The freehold four storey mid-parade building at 152 High Street has a guide price of £175,000+.
Such is the state of play in the Yorkshire Dales that the BBC reported that one two-bedroom stone cottage attracted 10 views and eight offers within days of going on the market.
Short-term lets are taking a bigger share of the market in areas with strong demand from tourists, like the Lake District.
“My prediction is that take-up will further balloon due to increased regulations pushing private landlords out of the market.”
The range is aimed at first-time landlords, investors looking to expand portfolios and remortgagors.
Shawbrook Bank has launched a buy-to-let product at 3.69% to 75% loan-to-value for thoseusing the digital portal, MyShawbrook Buy-to-Let. The mortgage is available to non-portfolio landlords with single dwelling applications,…
Illegal entry is the most common misdemeanor, reported by 25% of tenants, while 22% have experienced issues with essential safety or household appliances like smoke alarms, central heating or water supplies not working when moving in.
Washington in Tyne and Wear is seen as the best investment hotspots while Hartlepool, Sunderland and Newcastle are also strong areas.
For properties with an EPC rating of A or B the rate is 2.89%, and a C rating is 2.94%.
Malmo Food Innovation and Technology Park in Hull contains 10 units, a resolution centre and substation.
The lender is offering a 2 and 5-year fix starting at 2.65% and 2.99% to 75% loan-to-value.
At the end of the spectrum is London, where high house prices mean just 15% of property purchases are made with cash.
Whether auctions return in-person will be made on a region-by-region basis, as managing director Jeremy Prior spoke bullishly about the success of holding auctions virtually.
“Once you get to a yield you are comfortable with for a property (helped by rental increases over time while your purchase price remains static) rent freezes should be considered.”