London has the third most super prime stock globally
Globally there are 1,890 homes listed for sale above the £10m mark, with London accounting for 16.8% of the market with 317 properties.
Buy2Let
Welsh politician calls for rent arrears tribunal ahead of new regulation
The Renting Homes (Wales) Act 2016 will introduce six month notice periods for ‘no fault’ evictions.
Property investors scuppered by planning permission roadblocks
Two fifths (40%) of investors said the viability of obtaining planning permission was a major stumbling block when searching for a property investment.
Rental affordability improves for tenants
A private renter on an average income typically spends 23% of their income on rent, down from 26.3% in 2016.
Property investors eye London market
Some 44% of property investors intend to expand their property portfolio in the next year.
Propertymark urges government to tackle tenant debt to avoid landlord exodus
Otherwise it said landlords could leave the sector in droves, as a survey from The Mortgage Works found that 20% of landlords are likely to sell property in the next 12 months.
The Nottingham cuts limited company buy-to-lets
The society’s 5-year fixed rate to 75% LTV is available at 3.10%, reduced from 3.40%, with £999 in fees. There is also a no fee variant at 3.40%.
UK rents soar by 7.5% to all-time high
Wales has seen the steepest rental growth in the UK.
Capital Economics: House prices to rise by 5% next year
If Capital Economics is correct investors can still take advantage of substantial house price inflation.
Property Investor Show speakers and seminars unveiled
The Property Investor Show will feature over 90 exhibitors, while it’s set to attract 6,000 visitors over two days when returning to the London Excel on October 15th and 16th.
