New regulations that start in October 2018 affect houses of multiple occupancy (HMO). (more…)
Landlords have been faced with extra costs over the last year or so. Stamp duty has been raised, tax relief on buy-to-let mortgage interest payments cut, and older properties have required energy efficiency upgrading (more…)
A new report by Shawbrook Bank looked at how landlords are reacting to regulatory changes and the Brexit negotiations. They found that 49% of landlords have adopted a “wait and see” approach by (more…)
From April 2018, new rules come into force that ensures rental properties have a minimum energy performance certificate (EPC) rating of E or better before new tenants can move in. Failure to comply can result in fines up to £5,000.
Similar regulations are being introduced for (more…)
Lenders have reported an increase in bridging loan and commercial mortgage applications for property investors, who are expanding their property portfolios according to (more…)
A £56,000 bridging loan was recently provided to prevent a buy-to-let landlord losing his property portfolio, reported BridgingAndCommercial.co.uk in November 2017.
The landlord had (more…)
Analysis by Knight Frank estate agents has revealed that the value of beds rented to students by private sector landlords is around £22bn.
According to a (more…)
With landlords are facing increasing cost, many are seeking to remain profitable by converting homes to multiple occupancy houses using bridging loans, reported FT.com in (more…)
Changes to planning regulations came into force in April 2016, meaning that converting some property from office to residential use can be undertaken without needing planning permission. Landlords are increasingly using bridging loans to (more…)