Northern Irish landlords leaving the market thanks to “flawed” legislation
The Irish Property Owners Association has spoken out about the legislation governing the private rented sector, calling it “flawed” and imbalanced.
Buy2Let Investment News
Whether you are a property developer or looking for your first investment project – the latest buy2let investment news and stories from around the UK brought to you by Property Investor Post covering houses, flats, houses in multiple occupation (HMOs), multi-unit freehold blocks (MUFBs), multi-lets, student-lets and semi-commercial properties, are an essential daily read.
Mortgages account for 71% of property sold
Over the last 12 months the UK property market has been fuelled by mortgages, indicating that rising rates will have a big impact on cooling down the market.
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Universities boost rental yields by 1.3%
Rental homes located near to universities command an average yield 1.3% higher than those in the wider area, increasing a landlord’s expected annual income by almost £6,000, research from Stripe Property Group has found.
Landbay cuts two-year buy-to-let rates
Landbay is lowering interest rates on its two-year fixed rate buy-to-let mortgages by between 0.10% and 0.30%.
Rent prices have doubled in past decade Copy
Rents are now 40% higher that they were a year ago, highlighting the scale of the increases tenants have had to deal with.
Build to Rent investment in Scotland ‘paused’
Build to Rent investment has paused for breath following the Scottish government’s decision to freeze rents and ban evictions until at least March.
Most landlords supported tenants with the rising cost-of-living
Three quarters (75%) of landlords have taken steps to support tenants during the current cost-of-living crisis, research from Shawbrook has revealed.
Councils facing tough order to rehouse Ukrainian refugees in next two months
There’s likely to be a spike of councils having to rehouse Ukrainian refugees in October and November, as we approach the six-month mark since many of the visas were granted in March, April and May.
Rogue landlords to be listed on property portal
The government has committed to naming and shaming rogue landlords on a widely accessible property portal.
Pantheon pleased with “better news” on inflation`
The inflation rate fell to 9.9% in August, which research consultancy Pantheon Economics said is better news – signalling that it shouldn’t exceed 11% come October before dropping afterwards.
