How an overseas property register would work
This week Mayor of London Sadiq Khan called for an overseas property register in a bid to root out money laundering into UK property.
Investment Mortgages & Property Finance News
Whether you are an existing landlord or want to Buy-to-let, whether you are a property developer or looking for your first investment project – the latest investment mortgages & property finance news and stories from around the UK brought to you by Property Investor Post are an essential daily read.
Landlords demand help to improve EPC ratings
More than a third (37%) of landlords are demanding help from the government to upgrade the Energy Performance Certificate ratings of their properties.
Bank of England ‘irresponsible’ for raising the base rate
The Bank of England has been slammed for raising the base rate, bringing it back to its highest level since before the pandemic.
Buy2Let Investment News - Investment Mortgages & Property Finance News - Land & New Homes Investment News
‘Levelling up’ homes could cost £15,000
The government’s levelling up strategy targets bringing all privately rented properties up to scratch.
Base rate hiked to 0.50%
The Bank of England voted to raise the base rate from 0.25% to 0.50%, as it looks to put a lid on rising inflation.
Levelling Up aims labelled too ambitious by think tanks
The government’s aims have been labelled highly unlikely to be met”, “piecemeal”, as well as lacking “focus” and “finance”.
Young buyers expected to be very active in 2022
A third (34%) of 18–34-year-olds plan to buy property this year, suggesting there’s likely to be strong competition for house purchases in 2022.
Purplebricks revises down cost of tenant deposit errors
Purplebricks says tenancy deposit errors should cost the firm £3.6 million, 60% than the £9 million set aside in December.
Lending rates fall to “low point” in December
The cost of borrowing dropped in December, but this is likely to be the low point before they rise following interest rate hikes from the Bank of England.
Wolverhampton and Sheffield selected for regeneration projects
Wolverhampton and Sheffield are the first cities selected for government regeneration funding.
