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Councils insist there’s no conflict of interest after press revelations

By | 2017-11-22T12:08:59+00:00 November 22nd, 2017|Property News|

Research by The Guardian newspaper reveals that massive numbers of local authority councillors are also buy to let investors - and in some rental hotspots, a third of elected members are also private landlords. The newspaper claims its findings have sparked questions as to whether local councils can independently regulate the private rental sector with [...]

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London agency slapped on wrist for wrongly-targeted flyer

By | 2017-11-22T12:09:01+00:00 November 22nd, 2017|Property News|

A complaint to the Advertising Standards Authority says a flyer from an estate agency suggesting that a property was to let was mistaken and could have caused distress to those who received it. A direct mailing from Marsh & Parsons was addressed specifically to the complainant and read: “Dear Landlord, Having recently valued a number [...]

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Lettings sector directly diminished by stamp duty surcharge – claim

By | 2017-11-22T12:09:03+00:00 November 22nd, 2017|Property News|

Over two thirds of landlords are reluctant to invest in new properties as a result of the stamp duty surcharge on additional properties according to a new survey. The initial findings of a survey of over 3,000 landlords carried out by the Residential Landlord Associations’ Private Renting Evidence, Analysis and Research Lab - PEARL - [...]

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Senior Build To Rent figure spells out his hopes for the Budget

By | 2017-11-22T12:09:04+00:00 November 22nd, 2017|Property News|

One of the senior figures in the UK’s burgeoning Build To Rent sector has called on the Chancellor to help this fledgling part of the private rental landscape. Dominic Martin - operations director at Atlas Residential, a US-based company which has a UK Build To Rent construction pipeline of over 600 units in Southampton and [...]

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Philip Hammond urged to scrap stamp duty

By | 2017-11-22T12:09:11+00:00 November 22nd, 2017|Property News|

The Chancellor Philip Hammond should scrap stamp duty because it would encourage more buy-to-let landlords to invest in the private rented sector, which in turn would boost the supply of much needed housing to rent, a leading trade body has recommended. The introduction in April 2016 of the 3% stamp duty surcharge on buy-to-let and [...]

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Buy-to-let loans launched by LendInvest

By | 2017-11-22T12:09:32+00:00 November 22nd, 2017|Property News|

A buy-to-let (BTL) loan product targeted at experienced, professional property investors and landlords operating in England, Wales and Scotland has been launched by online mortgage broker LendInvest.Available for amounts between £50,000 and £5 million, on terms of up to 30 years, LendInvest’s BTL loans have a maximum loan-to-value of 80%. The loans, which are available [...]

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Fewer people living in rented accommodation

By | 2017-11-22T12:09:21+00:00 November 22nd, 2017|Property News|

There has been a notable decline in the number of people living in rented accommodation, new research suggests. An independent study carried out by Usurv, on behalf of Cover4LetProperty, found that 31% of the adult population were living in private or social rented property last month, down 7% since April 2017. The study also revealed that 28% [...]

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Autumn Budget: housing supply is only the tip of the iceberg

By | 2017-11-22T12:09:34+00:00 November 22nd, 2017|Property News|

Ahead of today’s Budget, property experts are waiting to see whether their predictions will be dispelled, or whether they will prove to be true.According to the Chancellor, the housing market and the inability of younger people to get on the property ladder is the key priority, and the main driving force behind his pledge to [...]

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MGM launches boutique development in the French Alps

By | 2017-11-22T12:09:35+00:00 November 22nd, 2017|Property News|

A new boutique development, Les Granges de l’Epinette, has been launched by French property developer MGM French Properties in the resort of Vallandry.Comprising 34 apartments boasting efficient family living space, classic interiors and panoramic views of Mont Blanc, each home within the development is available for outright purchase. Each unit boasts a private balcony, underground [...]

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Is the new Electronic Communications Code a hazard for landlords?

By | 2017-11-22T12:09:23+00:00 November 22nd, 2017|Property News|

Many property owners agree to electronic communications operators, such as mobile phone companies, installing aerials and other equipment, for example on the roofs of their buildings. This can provide a useful source of income, although there has always been a downside to such arrangements. Forthcoming changes will reduce landlords’ revenue from these agreements and also [...]

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