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Significant increase in the number of older renters

By |2019-06-28T10:03:14+00:00June 28th, 2019|Property News|

There has been a sharp rise in the number of older renters over the last year, according to new research from Hamptons International. The company reports that the number of older renters has risen by 61% since 2012, up 8% in the past 12 months alone, with around a third of...

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Auction roundup: A range of investment opportunities in the Midlands

By |2019-06-28T10:03:20+00:00June 28th, 2019|Property News|

At Property Investor Today, we like to keep our readers updated with the latest happenings at the various auctions taking place across the country. Below, we take a look at the most significant lots that are to be sold at Bond Wolfe Auctions’ next sale on Wednesday 3 July… Family homes in...

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What type of property investment brings in the highest yields?

By |2019-06-28T10:03:19+00:00June 28th, 2019|Property News|

In terms of buy-to-let investments, Houses in Multiple Occupation (HMOs) are a key feature of the future of renting. Not only do they provide some of the best returns for landlords, but they provide affordable accommodation for a growing tenant population.  HMOs are very popular investments because of their ability to achieve...

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40% of landlords worried about Brexit and 20% set to sell – survey

By |2019-06-27T10:03:54+00:00June 27th, 2019|Property News|

A new survey by a specialist property sector lender reveals that 19 per cent of landlords are looking to sell in the next three years, with Brexit the key worry for two in 10 buy to let owners. Brexit remains a key uncertainty for property sector professionals with two fifths of...

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Consumer group slams rental sector over “hazardous homes”

By |2019-06-27T10:03:55+00:00June 27th, 2019|Property News|

Weak regulation of private renting is leaving hundreds of thousands of tenants living in hazardous homes in England, claims Citizens Advice. A survey of landlords and tenants conducted for the consumer group apparently reveals that many landlords don’t know or understand their legal obligations, while renters aren’t aware of their rights...

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Another independent agency snapped up by franchise giant

By |2019-06-27T10:03:59+00:00June 27th, 2019|Property News|

A branch of Whitegates, part of The Property Franchise Group, has purchased an independent local operation to increase its managed property portfolio by 30 per cent. Camran Ishaq purchased Whitegates Dewsbury in a resale in February 2018, taking on 280 managed properties in the area; now he has acquired independent Wilman...

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Huge £60,000-plus fine after London tenants’ lives “made a misery”

By |2019-06-27T10:03:58+00:00June 27th, 2019|Property News|

A rogue landlord has been ordered to pay over £60,000 after - in the words of the council - “being found guilty of making tenants' lives a misery through licensing breaches.”  The fine is the biggest financial penalty Brent council has secured. Landlord Hugo Pulqueiro, who has been fined £60,170 and must...

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Increasing number of large-scale landlords as buy to let amateurs quit

By |2019-06-27T10:03:56+00:00June 27th, 2019|Property News|

A new survey by one of the sector’s most respected lenders, Paragon, suggests large scale landlords are now a bigger force in the buy to let sector following the exit of some small amateur landlords. Paragon’s survey is small - just 200 landlords - but it shows that larger operators in...

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Landlords becoming more professional as amateurs give up on buy-to-let

By |2019-06-27T10:04:01+00:00June 27th, 2019|Property News|

A two-speed market has emerged in the buy-to-let sector as most smaller landlords have stopped adding to their portfolios, while their large scale counterparts continue to make targeted investments, according to Paragon. The buy-to-let mortgage provider reports that large scale landlords are currently almost three times more likely to buy property...

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Landlord ordered to pay more than £66k for ‘gross mistreatment’ of tenants

By |2019-06-27T10:04:02+00:00June 27th, 2019|Property News|

A rogue landlord in north London has been ordered to pay more than £66,000 after being found guilty of making tenants' lives a misery through licensing breaches. The fine is the largest financial penalty Brent Council has secured to date and is a reflection of the truly appalling conditions tenants were...

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