Over half a billion of rental income is lost annually because private landlords evict good tenants – mistakenly believing that they need to sell their properties tenant-free, online buy-to-let marketplace Vesta has found.
Mortgage Business Expo (MBE) at the Barbican on 10 October will include a specialist lending panel debate hosted by the Financial Intermediary and Broker Association (FIBA) and the L&G Mortgage Club will host a workshop on later life lending.
The Home Office will reconvene its Private Rented Sector stakeholder panel on Right to Rent in October following pressure from the Residential Landlords Association.
Buy-to-let pricing has become too cheap but rates are likely to rise in the next year and a half, a panel of experts at FSE London indicated.
London rents on newly let homes, homes advertised on the open market to let, fell for the third consecutive month, down -0.8% year-on-year, the Hamptons International Monthly Lettings Index has found.
Coventry for intermediaries has reduced rates across its five and 10-year fixed owner-occupier mortgage ranges by up to 0.10%.
In August rents in the UK rose by 0.9% year-on-year with the average monthly rent now at £947 a month, the HomeLet’s Rental Index has found.
A specialist lending panel at FSE London has urged intermediaries to stay clear of buy-to-let tax advice to avoid being involved in the next potential mis-selling scandal
He has launched the firm alongside Matt Davies, who launched Empire Commercial Finance based in Chester in 2014.