NRLA calls for loans for renters

The National Residential Landlords Association (NRLA) is calling for the government to supply interest-free loans to private renters, who will face a “cliff-edge” at the end of the furlough scheme.…

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25 years of buy to let mortgages

The PRS has doubled in size, since the introduction of the first buy to let mortgage, 25 years ago this month. We take a look at the establishment of the product, as well as the positive effects it has had on the UK.…

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Base rate remains at 0.10%

The Bank of England’s Monetary Policy Committee (MPC) has voted unanimously to keep the base rate at 0.10%. Current rate The 0.10% rate was dropped in March 2020 to help to help stabilise the UK…

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Landlord tax could push sell offs

Dominic Agace, chief executive of Winkworth estate agency has responded to calls from Labour leader Sir Keir Starmer for further tax penalties on landlords. He says that tenants will be worse off if landlords are taxed, as the cost will come to them.…

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New Housing Secretary

In the latest cabinet reshuffle, Michal Gove has been appointed Secretary of State for Housing, Communities and Local Government. He joins a long list of Housing Ministers who have held the role since 2000. Landlords are waiting to see how much help he will be, with his time in the role. …

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UPRN’s could be in PRS future

More than 50 organisations operating within the property sector have penned an open letter to the Government to use Unique Property Reference Numbers (UPRNs) to create a database for the public and private sectors.…

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Property prices still rising

The Royal Institution of Chartered Surveyors (RCIS) has released its latest Residential Market Survey. It shows that whilst property sales in August softened for the second month in a row, they are likely to stabilise in the coming months.…

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PRS now worth £1.4trn

A new report from lender, Shawbrook bank, shows the value of the PRS in England, Wales and Scotland grew by 5.8% to £1.4trn in the last year.…

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Stock level forecast

Zoopla has released its latest House Price Index Report, highlighting that a low property stock could mean that the PRS will be in demand more than ever, in the next few years.…

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