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KEYWORD "Loan" - 100 RESULTS
Banned - rogue agents disqualified for abusing Covid loan scheme

The husband-and-wife directors of a Cornish lettings and estate agency have been disqualified from being company directors for a combined 12...

15 May 2024

From: Breaking News

More tenants borrowing to fund deposits on next property - claim

The percentage of tenants borrowing money to fund their cash deposits on their next property has risen over the last 12...

25 April 2024

From: Breaking News

Boost for Buy To Let as mortgage product choice improves

There's good news for the buy to let sector as mortgage product availability is showing signs of stability, according to the...

23 April 2024

From: Breaking News

Buy To Let property profile changes as landlords diversify

Houses in Multiple Occupation are making up an increasing percentage of buy-to-let business, according specialist lender Shawbrook.  In both 2022 and 2023,...

12 April 2024

From: Breaking News

Agents facing huge rise in tenant fraud

An analysis of over 600,000 tenancy applications has found that fraudulent applications rose by 140% last year.  The analysis, carried out by...

10 April 2024

From: Breaking News

Third of landlords may sell this year - shock buy to let statistics

Almost one in three buy to let landlords are set to sell up in the next 12 months. That’s the shock statistic...

08 April 2024

From: Breaking News

Bank aims to support building of new rental homes

NatWest Group has announced a new package of what it calls ”targeted lending and support” to help local councils provide more...

27 March 2024

From: Breaking News

Give tax perks to renters to help them buy, urges think-tank

A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...

20 March 2024

From: Breaking News

Agency to manage getting empty homes into private rental sector

Owners of vacant properties are being offered an improved incentive to bring their house back into use. Plymouth council is re-launching its...

14 March 2024

From: Breaking News

Letting agents demand mortgage lenders cut rates to help market

The letting agents’ trade body Propertymark has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically...

01 March 2024

From: Breaking News

Beware 1% Deposits - Knight Frank lays into government

Knight Frank has taken the unusual step of suggesting a government proposal for the housing market is high-risk and could even...

23 February 2024

From: Breaking News

Buy To Let lending for older landlords falls off a cliff

New figures from lenders trade body UK Finance show a massive fall in buy to let loans for those aged 55...

20 February 2024

From: Breaking News

Agents’ desperate plea to prevent exodus of student landlords

Propertymark has called on the UK Government to prevent a mass exodus of student landlords.   The news comes as a poll conducted...

14 February 2024

From: Breaking News

Agents plead with Bank of England after buy to let mortgage arrears soar

Propertymark wants the Bank of England to cut interest rates following data showing soaring mortgage arrears and repossessions. Lenders trade body UK...

09 February 2024

From: Breaking News

Jailed! Agency owner who helped Albanian gang create huge drug empire

A wealthy landlord who set up a fake lettings agency in Hull has been jailed for 11 years for allowing ‘ghost tenants’ to...

07 February 2024

From: Breaking News

Union slams Bank decision as workers face high rents

A trades union has slammed the Bank of England over its decision to keep base rate at 5.25 per cent, saying...

02 February 2024

From: Breaking News

Over-50 year old first time buyers show significant increase

There were 12,000 first time buyers over the age of 50 in the UK in 2022, the latest figures available. This means...

30 January 2024

From: Breaking News

Government takes stake in property investment PropTech platform

The UK government has taken an equity stake in the rental investment platform Shojin through the conversion of a pandemic-era loan...

24 January 2024

From: Breaking News

Row over government bid to turn renters into first time buyers

Controversy surrounds a government idea - floated over the weekend - to allow renters to secure mortgages with just one per...

22 January 2024

From: Breaking News

Rebrand for one of lettings industry’s best known suppliers

One of the lettings sector’s longest-standing suppliers - Mortgages for Business - is rebranding. It’s to be known as Mortgage Finance Brokers,...

18 January 2024

From: Breaking News

Rates War! Mortgage lenders slash BTL borrowing costs

A series of lenders have slashed their buy to let mortgage rates in a bid to win business. These include: - LendInvest Mortgages...

08 January 2024

From: Breaking News

Knight Frank warns that Rwanda controversy could force early election

Knight Frank has taken the unusual step of warning that Tory splits over Rwanda and immigration could force an early election...

08 January 2024

From: Breaking News

Mortgage Lenders set out buy to let forecasts for 2024/2025

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

29 December 2023

From: Breaking News

Budget date revealed as Gove hints at new housing policies

The date has been set for the Spring Budget - the last before the General Election.  It’s to be on Wednesday March...

28 December 2023

From: Breaking News

Top agent senses change of mood in rental market

One of Britain’s leading agents - former RICS residential chairman Jeremy Leaf - says he is seeing a change of mood...

21 December 2023

From: Breaking News

Covid Fraud - property company bosses given suspended sentences

Two property company bosses have been sentenced following an Insolvency Service investigation which found they had abused a £30,000 Bounce Back...

20 December 2023

From: Breaking News

Rental Sector Won't Become Energy Efficient without Incentives - claim

Propertymark has urged the government to do more to help the country’s most vulnerable citizens heat their homes.   Office for National Statistics...

19 December 2023

From: Breaking News

Fairer Rental Sector is key Propertymark demand for Budget

Propertymark has laid out its proposals to the Scottish Government ahead of its 2024-25 Budget next week. The letting agents’ trade body...

15 December 2023

From: Breaking News

Expensive rental eco-heat scheme needs rethink - top agent

A consultation to introduce boilers into homes and the private rented sector needs ‘more carrot than stick’ according to a prominent...

07 December 2023

From: Breaking News

Buy To Let Mortgage Arrears Double In Just One Year

Cases of buy-to-let arrears have doubled in a single year, according to a new analysis. The research, from Octane Capital, analysed quarterly...

04 December 2023

From: Breaking News

Earliest ever ‘panic buying’ start to student lettings season

A student lettings business claims the cycle of booking accommodation for the 2024-25 academic year has already started in some cities. The...

07 November 2023

From: Breaking News

Huge rent rises for Purpose Built Student Accommodation

Rents for student accommodation have increased by an average of 14.6 in two years and swallow up nearly all of the...

27 October 2023

From: Breaking News

Labour should champion lettings agent regulation - Propertymark

Propertymark has urged Labour to licence letting agents under its plans to ‘fundamentally reform the private rented sector’. The trade body also...

09 October 2023

From: Breaking News

Huge scale of rental sector reliance on mortgages revealed

The buy to let sector appears more heavily reliant on mortgages than some analysts have previously suggested. Specialist lending service Octane Capital has...

02 October 2023

From: Breaking News

Cut-price properties tempting investment buyers, says accountancy chief

Some prospective buy to let landlords may be about to use their equity to snap up investment properties at discounted rates,...

27 September 2023

From: Breaking News

Deposit Alternative firm claims tenants need multiple finance sources

A deposit alternative service says increasing numbers of renters need multiple sources of funding for traditional deposits. Zero Deposit says its survey...

22 September 2023

From: Breaking News

Low-EPC homes already tough to sell to landlords - new survey

A new survey reveals that rental properties with an EPC rating below C are already more difficult to sell to other...

19 September 2023

From: Breaking News

Build To Rent operator pledges dramatic EPC improvement

The owners of one of the first Build To Rent schemes in Edinburgh is bidding to improve the EPC rating while...

08 September 2023

From: Breaking News

EPCs and Energy Efficiency - Agents' five point plan for change

Propertymark has set out a five point plan to improve the status and usefulness of the Energy Performance Certificate and to...

18 August 2023

From: Breaking News

Soaring first time buyer deposits likely to trigger more rental demand

New figures showing the growing size of first time buyer deposits suggest that many would-be purchasers will be staying with the...

08 August 2023

From: Breaking News

Call for buy to let mortgage rules to be relaxed during crisis

A property industry commentator wants buy to let mortgage rules to be relaxed so that frustrated sellers can let out their...

12 July 2023

From: Breaking News

Bring back Help To Buy to combat soaring rents - legal call

A prominent property law consultancy wants Help To Buy, or similar schemes, to be resurrected.  Dutton Gregory Solicitors says that with the...

27 June 2023

From: Breaking News

Buy To Let mortgage deals pulled from market

Moneyfacts, the respected independent mortgage market monitor, is warning that lenders have been withdrawing buy to let fixed deals. Within the buy...

31 May 2023

From: Breaking News

Eco-experiment with zero interest loans for ‘greener’ homes

The Nationwide Building Society is embarking on an experiment - at first for owner occupiers only - which may be extended...

22 May 2023

From: Breaking News

Politicians told to do more to help tenants on benefits

Propertymark has told a group of MPs that many benefit recipients are excluded from the private rented sector due to the...

15 May 2023

From: Breaking News

Interest Rates - Bank of England reveals latest decision

The Bank of England has announced its latest decision on base rate. This has been increased by 0.25 per cent to 4.5...

11 May 2023

From: Breaking News

Third of tenants must borrow to raise rental deposits - survey

Nearly a third of tenants are borrowing money to fund a cash deposit, a survey claims. A poll of 1,000 current renters...

10 May 2023

From: Breaking News

Details emerge of 100% mortgage aimed at renters

Renters are being offered a 100 per cent mortgage by the Skipton Building Society - the first time such a product...

09 May 2023

From: Breaking News

Government move raises hope of cash help for energy improvements

One of the UK governments has backed a call for private landlords to get cash help to meet new Minimum Energy...

03 May 2023

From: Breaking News

Stand by for 1,000 new Build To Rent homes

One of the country’s biggest Build To Rent players has secured funding for 1,000 new BTR homes. Legal & General has signed...

28 April 2023

From: Breaking News

Section 24: Agents call for mortgage tax relief to be reinstated

A new survey of lettings agents and landlords has put the reinstatement of Section 24 mortgage tax relief at the top...

21 April 2023

From: Breaking News

Fraud - agency maintenance chief steals almost £100,000

A lettings agency maintenance manager stole almost £100,000 from her company - but has escaped prison. Farida Mughal was working at the...

19 April 2023

From: Breaking News

Build To Rent for seniors - retirement housing specialist reveals bid

Retirement housing specialist Pegasus wants to become a big player in Build To Rent and has employed the  Savills agency to...

17 April 2023

From: Breaking News

Funding exists for agency takeovers despite soaring rates - claim

A consultancy that handles lettings agency acquisition says funding options exist for companies wishing to buy others, despite rising interest rates. Lucy...

14 April 2023

From: Breaking News

Surprise surge in buy to let mortgage uptake - new survey 

Buy to let investors have created the largest increase in the mortgage market in the past year, it’s being claimed. Octane Capital...

22 March 2023

From: Breaking News

Shawbrook becomes bigger player in buy to let mortgage market

Shawbrook is becoming a bigger player in the buy to let lending market following the acquisition of specialist lender Bluestone Mortgages. Launched...

21 March 2023

From: Breaking News

Property investment chief falsely claimed Bounce Back Loan

The head of a property investment firm has been disqualified from being a director for 12 years following the discovery that...

10 March 2023

From: Breaking News

Bank warns of 10 per cent fall in house prices this year

Spanish bank Santander says UK residential property prices look set to fall 10 per cent this year and will return to...

06 February 2023

From: Breaking News

Mortgage rates could fall by a quarter despite latest rise - claim

Interest rates may be on the way up right now following the latest Bank of England decision but there’s good news...

03 February 2023

From: Breaking News

Hybrid agency aims to have 200 UK territories this year

Hybrid agency EweMove has expanded its brand presence into 189 territories across the UK according to its parent company, The Property...

01 February 2023

From: Breaking News

Improving rental sector EPCs will require cash - and plenty of it…

Propertymark wants to see more energy-efficient homes, but with realistic targets and incentives to act. In its submission to the government ahead...

31 January 2023

From: Breaking News

Equity Release still expanding despite economic headwinds

The equity release market has expanded by 27 per cent to hit a record £5.58 billion of new lending last year,...

31 January 2023

From: Breaking News

Banned! Rogue agent abused Covid loans with string of false claims

A lettings agent has been banned from holding office in a company for 11 years for abusing Covid loans - but...

04 January 2023

From: Breaking News

Sign Up to stop the Tax Grab - Agents urged to back petition

Agents are being urged to sign a petition launched by a landlord facing higher tax burdens which may force him to...

03 January 2023

From: Breaking News

Agency boasts of lettings surge despite office closures

Keller Williams UK - which has seen market centre closures in recent months - insists that its lettings business KW Move...

14 December 2022

From: Breaking News

Buy To Let may be a busted flush, warns investment guru

A prominent figure in property investment is warning that buy to let is the sector facing the biggest challenges in the...

17 November 2022

From: Breaking News

First Time Buyers cut back in struggle to escape renting

A new study from Rightmove reveals what aspiring first-time buyers are most likely to cut back on in a bid to...

17 November 2022

From: Breaking News

Mortgage experts give gloomy forecasts on buy to let

Mortgage experts appearing before a committee of MPs have given an especially gloomy forecast for the buy to let sector in...

07 November 2022

From: Breaking News

Interest rates up as agent warns public to “wake up and smell the coffee”

The Bank of England has increased its base rate from 2.25 per cent to 3.0 per cent. This is the largest hike...

03 November 2022

From: Breaking News

Change EPCs and use stamp duty to make homes greener - call

With the private rental sector stressed at the prospect of stricter energy efficiency rules in the coming years, the body representing...

02 November 2022

From: Breaking News

Interest Rate Rise - lettings sector braced for bad news

There’s widespread concern that the Bank of England’s monetary policy committee, which meets tomorrow, is to unveil a 0.75 per cent...

02 November 2022

From: Breaking News

Spread of Green Mortgages key to improving rental sector EPCs

Green mortgage discounts could be a key tool in helping landlords make the energy efficiency upgrades necessary to achieve an EPC...

31 October 2022

From: Breaking News

Sunak in No 10 - Sigh of relief from agents and industry

There seems to be an industry-wide sigh of relief that Rishi Sunak has become Prime Minister. His coronation marks the end of...

25 October 2022

From: Breaking News

Banned! Property management boss wrongly took out Covid loans

A property management chief has been disqualified as a director for 12 years after using his firms to take out £135,000...

25 October 2022

From: Breaking News

Soaring mortgage costs make it almost as dear to buy as to rent

New research shows that there’s little to choose between the costs of renting and owning - a change from previous research...

19 October 2022

From: Breaking News

Arrears likely to rise as debt intensifies - Bank of England

The Bank of England is warning that many households will struggle to meet their rent or mortgage commitments if interest rates...

14 October 2022

From: Breaking News

City investors pump millions into regional Build To Rent scheme

A Build To Rent scheme has been handed a huge cash boost from City investors. Investec Real Estate has given Edmond de...

13 October 2022

From: Breaking News

New manager for prime London agency branch revealed

Chestertons has named a new lettings manager for its Chelsea branch. Jonathan James has been working in the industry for the past...

27 September 2022

From: Breaking News

Rent caps ‘will scare lettings investors away’ warns analyst

Headline-grabbing demands for more regulation and rent freezes risk frightening buy to let investors away, a leading analyst warns. Doug Shephard is...

15 September 2022

From: Breaking News

Warning some insulated rental properties may be unmortgageable

A warning has been issued that as many as 250,000 homes - some likely to be in the private rental sector...

18 August 2022

From: Breaking News

Revealed - how much interest rate rises add to mortgage payments

With the next Bank of England interest rate decision timed for tomorrow, it’s just been revealed that rate increases so far...

03 August 2022

From: Breaking News

Building Society slammed for mortgage ban on second homes

A building society which has taken the unprecedented step of stopping lending on second homes has been sharply criticised by a...

02 August 2022

From: Breaking News

Buy To Let mortgage costs rising with worse to come - warning

The costs of buy to let fixed rate mortgages have risen sharply with more increases likely if, as expected, the Bank...

10 June 2022

From: Breaking News

Far reaching reforms demanded by lettings industry chiefs

A collection of rental experts in a body called The Lettings Industry Council have set out what they want to see...

25 May 2022

From: Breaking News

Agents Alert - radical rental reforms shift power to tenants

The government’s new Levelling Up White Paper, revealed this morning, includes a radical reshaping of the private rental sector. Section 21 eviction...

02 February 2022

From: Breaking News

Mortgage bonanza for buy to let - best choice for 15 years

There’s a 15 year record high in the number of buy to let mortgage products available for current or new landlords. The...

28 January 2022

From: Breaking News

Lloyds Bank rental plans much larger than originally announced

Lloyds Banking Group - which this year announced its intention to become a private landlord through the acquisition of new build...

07 December 2021

From: Breaking News

New bank for buy to let and property investment sectors

A new bank called Monument is aiming at property investors and established buy to let landlords seeking to grow their portfolios. Its...

09 November 2021

From: Breaking News

Student rental sector relies too much on overseas tenants - claim

Research by a student accommodation search platform suggests that the sector may rely too heavily on the apparent year-on-year growth in...

20 October 2021

From: Breaking News

Safeagent at odds with lettings groups over Covid arrears solution

Not-for-profit accreditation scheme safeagent wants the government to help tenants clear Covid-related arrears through an overhaul of Discretionary Housing Payments. Enhancing these...

30 September 2021

From: Breaking News

£10m grants to clear tenant arrears - is this the right approach?

Councils across Scotland have been given £10m to provide grants to tenants who have Covid-related arrears and risk eviction. The grants will...

29 September 2021

From: Breaking News

Mortgage Bonanza for buy to let investors as product choice booms

The flurry of increased interest in buy to let means the choice of mortgage products for investors is now greater than...

28 September 2021

From: Breaking News

Potential ‘cliff edge’ for renters and landlords as furlough winds up

Private tenants and landlords across the country face a cliff edge as the end of furlough coincides with cuts to benefit...

21 September 2021

From: Breaking News

Lloyds Bank may use local agents to find tenants for new rental units

It is understood that Lloyds Bank may use local agencies to find tenants for new private rental sector activities. In recent weeks...

08 September 2021

From: Breaking News

Another new London Build To Rent scheme wins funding

Specialist property lender Castle Trust Bank has agreed a £13.2m development loan for a Build To Rent scheme within a mixed...

02 September 2021

From: Breaking News

Student rents rise a fifth in just one year, says bank study

Student rent has increased almost 20 per cent over the last year.  In data released as part of the 2021 NatWest Student...

05 August 2021

From: Breaking News

£10m arrears scheme launches to help Covid-hit renters

A new £10m scheme to help renters with Covid-related arrears has been launched in Wales.  Called the Tenancy Hardship Grant, and introduced...

21 July 2021

From: Breaking News

Agents’ group warns of widespread evictions without government support

The UK Association of Letting Agents trade body is warning of “widespread evictions” unless government support is offered to tenants. UKALA chairman...

13 July 2021

From: Breaking News

First tenants to move into Lloyds Bank rental units this summer

Lloyds Bank says tenants will “within the next few weeks” move into the first of a series of new developments it...

08 July 2021

From: Breaking News

Another buy to let mortgage lender pushing eco-friendly rentals

Yet another buy to let lender has released new products aiming to push the sector into more environmentally-friendly properties.  The Foundation Home...

07 July 2021

From: Breaking News

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