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 in Welsh-speaking communities may have to prove they speak the language before being able to buy property, as part of the proposed ‘Fair Chance’ scheme.
The Lake District has seen the number of holiday lets rise by a third (33%) in a single year, research from Octane Capital has found.
Landlords in Birmingham have the toughest time with problem tenants, as landlords in the region were most likely to go to the courts to turf out their tenants.
Landlords and letting agents have been fined £8 million – including almost £2 million since last August, meaning the authorities are getting tougher on landlords.
Landlords currently can’t use Suffolk Building Society for buy-to-let, as the firm has stopped accepting mortgage applications after receiving more business than it can cope with.
The Bank of England has warned that the UK is heading for a recession in the wake of the 0.5% base rate rise.
The Bank of England is currently in a no-win situation where it’s forced to decide between sky-high inflation and shrinking economic activity.
People on variable rate mortgages need to tighten their belts another notch with today’s increase adding to their costs, analysis from Hargreaves Lansdown shows.
The Bank of England has increased the base rate by 0.5% – the biggest increase seen in 27 years.
A total of 43,359 people in England were scammed by Cowboy Builders in 2021.
