How landlords SHOULDN’T select new tenants
As a tenant searching for a new property in the past few months, I’ve experienced some strange behaviours that I wouldn’t expect from any good landlord.
Northern Ireland rents rise faster than the rest of the UK
While this can be seen as good news from a landlord’s perspective, it’s sparked anxiety from some leaders within Northern Ireland.
Prediction – Prime London prices to rise by 21% in five years
Another factor is previous market activity, as Prime Central London flat values have fallen by -10.2% since 2016, while the cost of houses has fallen by -4.4% over that period.
Together hikes maximum bridging and buy-to-let loan sizes
The maximum sizes for Together’s first charge buy-to-let products have been increased from £2m to £2.5m, and from £500,000 to £1m for its second charge buy-to-let loans.
Voids drop in November
The biggest shift in November was in the East Midlands, where averages dropped from 24 days to 16, a 33% reduction.
Bristol the best city for buy-to-let next year
The top investment location for landlords will be Bristol next year thanks to thriving capital appreciation and tenant demand.
Half of landlords could sell up due to EPC changes
The government plans to increase the minimum EPC requirement to C for all new tenancies by 2025 and for all existing tenancies by 2028.
Short-term rentals particularly popular this Christmas
A number of families are booking properties close their relatives and loved ones this winter break, in what’s been dubbed the ‘Christmas of Togetherness’…
Landbay snips buy-to-let remortgage range
The lender’s 5-year fixed rate to 75% loan-to-value has been reduced from 3.09% to 3.04% with a 1.5% fee.
Two homeless people a day pass away
However the ONS said this figure is likely to be underestimated because it’s hard to identify homeless people in the mortality records.
