News
AI property search goes mainstream
4+ day, 12+ hour ago (228+ words) The company said the figures mark a significant shift by buyers away from property portals such as Rightmove and Zoopla, which were previously the main search destinations for buyers seeking property investment opportunities. Instead, Homesearch says that consumers are asking…...
The Mortgage Lender enhances BTL range with rate cuts
4+ day, 12+ hour ago (242+ words) The Mortgage Lender (TML), part of Shawbrook, has cut rates by up to 0. 35% on its buy-to-let range and relaunched its 75% LTV products, giving brokers and landlords more choice for both two- and five-year fixes. Rates start from 4. 14% for standard BTL…...
House prices slip but continue to show resilience - Halifax
6+ day, 12+ hour ago (482+ words) House prices have continued to show resilience in the face of an uncertain market, with prices remaining largely stable, although annual growth has eased, according to Halifax's April house price index. Average house prices edged down 0. 1% in April to "299, 313 after…...
Investment opportunity in Antigua as tourism enjoys strong growth
6+ day, 12+ hour ago (199+ words) Wealthy property investors looking to invest in the Caribbean island of Antigua could take a look at Pearns Point, a limited collection of beach-front and ocean-view residences, the developer has said. "Antigua is at a very exciting moment," said Adam…...
Solicitor-Reviewed: A Clause-by-Clause Guide to Tenancy Agreements Under the Renters' Rights Act
6+ day, 22+ hour ago (1786+ words) Inside Updated Tenancy Agreement Aviram: Let's start at the top. Why does this agreement say "Assured Periodic Tenancy" and not "Assured Shorthold Tenancy"? That's what most landlords have been using for decades. Any landlord who tries to let on a…...
Landlords" share of Stamp Duty on the rise
1+ week, 4+ day ago (353+ words) Second home and buy-to-let transactions now account for the majority of Stamp Duty receipts in over half of English local authorities, Paragon Bank analysis of Government data has revealed. This is up from under a quarter when a Stamp Duty…...
High yields drive foreign and domestic investment
1+ week, 4+ day ago (253+ words) Exceptional rental yields in Scotland are attracting investors from the UK and internationally, according to Robert Ross, director of Glasgow-based sales and letting agency'Ronald Ross. He says the company is matching high-end investors with property opportunities and achieving yields of…...
PRS investor confidence increasing, says report
1+ week, 4+ day ago (443+ words) The private rented sector continues to be a strong-performing asset class, delivering stable returns, healthy yields, rental growth and increased confidence, despite the cost and regulatory challenges landlords have faced, according to new research from intermediary-only specialist lender Foundation. In…...
New product offers cover for rent or mortgage
1+ week, 4+ day ago (285+ words) Following the introduction of new rules on rent arrears as part of the Renters" Rights Act, which came into force last week, two insurance providers have partnered to provide landlords with an industry-first, they claim. The duo will offer an…...
Cost of renovating UK's vacant stock rises 19% to "34bn
1+ week, 6+ day ago (267+ words) The cost of renovating the UK's vacant property stock has risen to "34bn, up 19% year-on-year, according to new analysis by Build Loan. The figures come as Build Loan launches a new funding option to help would-be buyers fund renovation projects previously…...