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Mortgage rates to fall to 3% by early next year

By | 2010-06-25T15:30:38+00:00 June 25th, 2010|Company News, Uncategorized|

Following the emergency budget on 22nd June, the centre for economics and business research (cebr) is predicting that UK interest rates will now remain stable at 0.5% until the end of 2012. Douglas McWilliams, chief executive of cebr, said: “The chancellor had noted Mervyn King’s remark at the recent Mansion House dinner that if growth [...]

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Is there a housing shortage?

By | 2010-06-25T15:30:00+00:00 June 25th, 2010|Company News, Uncategorized|

All three political parties agree that Britain faces a shortage of new homes due to its rising population and a rise in household numbers as more people live alone. The Office for National Statistics says the population will grow by more than four million to nearly 65 million by 2020, of which almost 12 million [...]

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Rising rents provide boost to landlords threatened by planned hike in CGT

By | 2010-06-23T15:36:39+00:00 June 23rd, 2010|Company News, Uncategorized|

Landlords concerned about the effect of a Capital Gains Tax (CGT) rise on their property portfolio returns will be pleased to hear the average rent in the UK is increasing. The average rental price rose by 0.5 percent to £667 per month in May, according to the latest Buy to let Index from LSL Property [...]

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The coming year is set to be the year of the buy-to-let landlord, according to one property expert

By | 2010-06-23T15:31:53+00:00 June 23rd, 2010|Company News, Uncategorized|

The coming year is set to be the year of the buy-to-let landlord, according to one property expert. Jon Brown, partner relationship manager at iammoving.com, says that with the recovery of the UK economy moving at a slow pace and mortgage lending tightened, an increasing number of would-be homeowners are moving into the rental market. [...]

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New landlords urgently required

By | 2010-06-23T15:31:14+00:00 June 23rd, 2010|Company News, Uncategorized|

Due to current market conditions we urgently require new properties in both Preston and the Fylde to keep up with demand. We have several long standing blue chip corporate clients looking for large 4/5 bedroom semi or detached properties in both Preston and Lytham, and over 80 prospective tenants on our waiting list. Should you [...]

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Prestons first property networking event a resounding success

By | 2010-06-10T15:39:12+00:00 June 10th, 2010|Press Releases, Uncategorized|

Prestons first property networking event at the Premier Inn on Blue Bell Way was a resounding success with guest speaker Paul Shamplina of Landlord Action sharing his knowledge of the eviction processs and several other attendees contributing, it was a highly informative evening. The initial turnout numbered around 20, however we hope that this will [...]

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Rental demand growing rapidly in Preston and the Fylde

By | 2010-06-10T15:38:40+00:00 June 10th, 2010|Company News, Uncategorized|

We are currently struggling to cope with the demand for new properties from prospective tenants in Preston and the Fylde. We currently have over 80 individuals on our waiting list as well as strong demand from several of our high profile corporate clients, as a result we are running a promotion offering landlords the chance [...]

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Government should consider service provided by buy to let landlords as a business says MD

By | 2010-06-10T15:38:01+00:00 June 10th, 2010|Company News, Uncategorized|

As buy to let investors await the expected rise in Capital Gains Tax (CGT), due to be detailed in the emergency Budget on Tuesday 22 June, one property specialist believes the move will have a damaging affect on the housing market as a whole. Bryn Cole, MD of Paragon Advance, providers of products and services [...]

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Government scraps plans for landlords register

By | 2010-06-10T15:37:19+00:00 June 10th, 2010|Company News, Uncategorized|

The “well-meaning but flawed” national register of landlords will not be brought forward by the current Government, according to Housing Minister, Grant Shapps MP, speaking in the House of Commons today. Earlier in the week, the Minister had suggested that a national register could well be “another HIPs” and would not encourage further investment in [...]

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