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Self Regulation for Landlords

By | 2010-10-28T14:08:13+00:00 October 28th, 2010|Company News, Uncategorized|

The Residential Landlords Association this week launches the single most ambitious initiative towards self-regulation for the UK’s private sector residential landlords. The ‘Residential Landlords Association Accreditation Scheme’ creates a new partnership between local authorities and responsible landlords who are committed to raising professional standards and providing good quality accommodation. It is open to any landlord or [...]

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Reaction to Government decision on HMOs

By | 2010-10-28T14:04:51+00:00 October 28th, 2010|Company News, Uncategorized|

Following the decision by the Housing Minister Grant Shapps MP to amend the rules regarding changes of use in Houses of Multiple Occupation (HMOs), Ian Potter, operations manager of the Association of Residential Lettings Agents, said: “We welcome the Housing Minister’s decision to change the rules for HMOs. Not doing so would have added an [...]

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Will Paragon revive the Buy to let market?

By | 2010-10-04T14:54:00+00:00 October 4th, 2010|Company News, Uncategorized|

Paragon Group, the specialist buy-to-let lender, has seemingly shrugged off the harsh effects the recession had on the company, and has announced it is lending again. This could be seen as a good sign, as Paragon relies on wholesale funding from money markets and lending once more shows a further sign those markets may be recovering. [...]

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Demand For Rental Housing Continues To Outstrip Supply

By | 2010-10-04T14:43:15+00:00 October 4th, 2010|Company News, Uncategorized|

Recent research shows that a surge in demand for rental accommodation over the summer has outstripped rental supply. Tenant registrations soared over July and August, finishing 47% up on May, and the number of potential renters in August was up 14% on last year. In contrast, the number of rental properties on the market in [...]

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Buy to let lender cuts down borrowing options for landlords

By | 2010-10-04T14:41:21+00:00 October 4th, 2010|Company News, Uncategorized|

The Lloyds Banking Group, one of the UK’s biggest buy to let lenders, is introducing further restrictions for landlords. Landlords who approach the bank will only be offered loans for up to three properties, or up to a limit of £2 million. Borrowers are currently able to take out up to nine mortgages with a total [...]

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