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Bonkers and Baffling – The Changes to Mortgage Interest Relief

If it wasn’t such a serious issue, we’d shake our heads in disbelief at Chancellor George Osborne’s planned changes to Mortgage Interest Relief. From 2020, tax will be calculated based on rental income, not on profit. Buy-to-let landlords who have been able to use the interest on their mortgage to offset their tax bill will, […]

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Banks Cut Back On Loans Despite FLS Extension

Bank Loans To Business Falls It has been reported that UK bank lending has continued to dwindle, despite government attempts to reverse the trend through the introduction of the “Funding for Lending Scheme” (FLS). Bank of England (BoE) data showed that overall net lending fell £300 Million (GBP) in the first quarter of 2013. Lending […]

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UK Buy To Let Mortgage Figures Reach New High

 Buy To Let Mortgages Continue To Lead The Way In UK Property Market Re-mortgaging activity in the first quarter of 2013 saw UK mortgage lending reach a new high, with more landlords trying to raise finance to buy more suitable residential properties with a view to letting them out to tenants, according to the latest […]

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2013 Busy Year For Buy To Let

It looks like 2013 could be a very busy year for UK Buy-To-Let, according to the Association of Residential Lettings Agents (ARLA). The average number of rental properties owned by BTL landlords rose from 7 to 8 in the final quarter of 2012, and the market expansion looks set to continue throughout 2013 as better […]

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Property Values To Remain Flat In 2013

Residential property values increased by an average of 1.3% in December 2012 but according to the latest figures released by the Halifax, property values are likely to end 2013 at levels close to where they began. The Halifax House Price Index revealed an average residential property price of £163,845 (GBP), up from £161,795 (GBP) in […]

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Residential Property Market Expected To Remain Flat In 2013

Property experts and economists have predicted that the 2013 residential property forecast for the UK is going to remain much the same as last year. This is good news for all property investors, who are able to get finance, but not welcome news for struggling first time buyers as the UK residential property market remains […]

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Renew Positive Mental Attitude!

Well it’s January 2013 and it has become a bit of a tradition to start the New Year with inspirational quotes and positive affirmation messages, in order for landlords and property investors to start the year with a positive mental attitude.  “Someone’s sitting in the shade today because someone planted a tree a long time […]

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Buy-To-Let Mortgage Lending Hits £4 Billion in 3rd Quarter

  The UK buy-to-let mortgage market continues to show signs of making a good recovery as lenders reveal that over £4 Billion (GBP) worth of mortgages were taken by active property investors during the 3rd quarter of 2012. The UK’s Council of Mortgage Lenders (CML) stated that £4.2 Billion (GBP) worth of mortgages were taken […]

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More Landlord Finance Is Needed

The Residential Landlords Association (RLA) have discovered that finance for landlords is woefully inadequate with almost 50% of UK landlords struggling to get additional mortgages, remortgage or even obtain more finance. The RLA asked its members about obtaining further finance to expand their rental property portfolios 24.1% found it very difficult to get a Buy-To-Let […]

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ARLA Say Tenants Are Staying Longer

New research from the Association of Residential Letting Agents (ARLA) has shown that tenants are happy to stay in rented property for longer than ever. The UK Buy-To-Let market continues to offer a strong return for property investors, with the new ARLA data showing that the average length of a tenancy in the UK has […]

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Mortgage Lending Criteria Tightens

Mainstream Buy to let mortgage lenders are changing their products and lending policies as they prepare for the new rules to be implemented that will tighten up on the necessary criteria borrowers must meet, causing a stir in the market. The Co-Op Bank announced this week that it was scrapping residential “Interest Only” mortgage products […]

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Over 1 Million More Rental Properties Needed In UK

The UK may need an extra 1.1 Million private sector rental properties within the next 4 Years as 1 in 5 Households could be in PRS properties. The number of people renting homes in the UK Private Rented Sector (PRS) has almost doubled over the last ten years, increasing from 2.5 Million tenants in PRS […]

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Long Term Property Rental Is The Future

Landlords Want Long Term Rental Tenants In the UK long term property renting has become more of a necessity for those who cannot afford to buy a home of their own. Millions of Britons have already resigned themselves to never owning their own home as they become more comfortable with the prospect of long term […]

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Only 20% Of UK Landlords Increased Property Portfolios In 2011

A new survey of Landlords in the Private Rented Sector (PRS) has discovered that only 20.2% ( 1 in 5 landlords) in the UK, were able to add fresh residential properties to their existing residential portfolio stock during 2011. Property value growth expectations and the prospect of a regular income were the key drivers behind […]

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PRS Market Set For Decline?

The demand for Private Rental Sector (PRS) residential property and the rise in the number of tenants struggling to meet their rental payments on a regular monthly basis is expected to see the decline of the UK residential property rental market. According to the latest lettings survey from the Association of Residential Letting Agents, (ARLA) […]

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