The UK's independent property help portal
January 3, 2013

Council Tax instalment period extended

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by Gill Montia

Council Tax instalment period extended
Communities Secretary, Eric Pickles, has announced that from 2013 taxpayers can choose to pay their Council Tax over 12 months rather than 10. The move will lower the average band D instalment by around £24 per month for 10 months of the ...

December 17, 2012

Deposits continue to thwart first-time buyers

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by Gill Montia

Deposits continue to thwart first-time buyers
More than one in four potential first-time buyers say it will take them ten years or more to raise a deposit, while just over a quarter are hopeful of accumulating enough cash to secure their first home in three years or ...

December 14, 2012

House prices to rise 2% in 2013

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by Gill Montia

House prices to rise 2% in 2013
UK house prices will increase 2% over the next 12 months, while the cost of renting will rise by around 4%, according to the Royal Institution of Chartered Surveyors (RICS), which expects "slight" improvements in the economy to be reflected ...

December 12, 2012

Census reveals 7% drop in home ownership

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by Gill Montia

Census reveals 7% drop in home ownership
Homelessness charity, Shelter, has been studying the latest UK census data from the Office of National Statistics which show that homeownership has fallen for the first time since records began 60 years ago. Since 2001, homeownership overall has fallen by 7% ...

November 30, 2012

Rental market continues to boom

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by Gill Montia

Rental market continues to boom
Demand for rental property has been rising at its fastest rate since the start of the year, according to the latest residential lettings survey from the Royal Institution of Chartered Surveyors (RICS). Over the past three months, interest from would-be renters jumped to ...

November 26, 2012

Landlords and tenants need protection from lettings agents

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by Gill Montia

Landlords and tenants need protection from lettings agents
In a new assessment of UK lettings agents, Which? says it has uncovered bad practice, unexpected and unfair fees and a lack of consumer protection that fails both tenants and landlords. According to the watchdog, the private rental sector now ...

November 21, 2012

Barclays slashes buy-to-let fixed rates

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by Gill Montia

Barclays slashes buy-to-let fixed rates
Barclays is cutting rates on its range of buy-to-let fixed-rate mortgages by up to 1.1% from today. The new two-year deals include a rate of 4.19%, reduced from 5.29%, for those with a deposit of 25%. For those with a 40% deposit, the ...

November 5, 2012

Paragon launches new buy-to-let mortgages

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by Gill Montia

Paragon launches new buy-to-let mortgages
Paragon has launched a raft of new buy-to-let mortgages for professional and smaller-scale landlords. The loans include fixed and tracker rates offered under both the Paragon Mortgages and Mortgage Trust brands. Eighteen are targeted at professional landlords (12 trackers and six re-priced fixed rate ...

October 28, 2012

Architects call for UK housing revolution

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by Gill Montia

Architects call for UK housing revolution
A new report from the Future Homes Commission, backed by the Royal Institute of British Architects, sets out a radical approach to the UK housing crisis, claiming that 300,000 homes could be built each year without an extra penny of Government ...

October 26, 2012

East of England landlords see top yields

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by Gill Montia

East of England landlords see top yields
Landlords saw average yield on rental property rise to 6.7% in the three months to the end of September, compared with 6.2% in the previous quarter. According to Paragon Mortgages, landlords in the East of England are generating the highest average ...

October 22, 2012

Rents to soar further in “unsustainable” housing market

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by Gill Montia

Rents to soar further in
Years of not building enough homes have led to rising rental and house prices in the UK, leaving millions of families struggling to pay for their accommodation, according to the National Housing Federation (NHF). The result is an unsustainable ...

October 20, 2012

Move with Us launches new rental index

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by Gill Montia

Move with Us launches new rental index
Move with Us has launched a rental index aimed at institutional and professional investors looking for the highest yields. Developed with an economist at the London School of Economics and Home.co.uk, the new data source is based on a weekly snapshot ...

October 11, 2012

Shelter and British Gas join forces to improve rental homes

Permalink: Shelter and British Gas join forces to improve rental homes
by Gill Montia

Shelter and British Gas join forces to improve rental homes
Housing charity Shelter and British Gas have joined forces to drive forward improvements in the UK's private rental sector. The two have entered into a five-year partnership and launched a "Better Homes for Britain" campaign centred on a ...

September 19, 2012

Housing associations urged to branch out

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by Gill Montia

Housing associations urged to branch out
Housing Minister, Mark Prisk, is encouraging social landlords to branch out and help meet the demand for rental property by building new homes for private tenants. In his first speech as Housing Minister, Mr Prisk also urged housing associations and other landlords ...

September 17, 2012

Over £130 a month cheaper to buy than rent

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by Gill Montia

Over £130 a month cheaper to buy than rent
The cost of buying a home in the UK is currently almost a fifth lower than renting, according to research by Halifax, with buying costs having dropped 3% and average rent having increased 5% in the past year ...

September 10, 2012

Landlords widen investment horizons

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by Gill Montia

Landlords widen investment horizons
Landlords are increasingly adding flats and semi-detached homes to their portfolios, according to research from Paragon. In the lender's latest PRS Trends survey, 16% of respondents said they expect to increase the size of their portfolio before the end of the year, with professional ...

September 6, 2012

Government unveils radical plans to boost house building

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by Gill Montia

Government unveils radical plans to boost house building
The Government has launched a controversial housing and planning package aimed at delivering 70,000 new homes. The measures include: • Removing restrictions on house builders to help unlock 75,000 homes currently stalled due to sites being commercially unviable. • Developers who ...

September 4, 2012

Unfair letting agent fees impact one in four

Permalink: Unfair letting agent fees impact one in four
by Gill Montia

Unfair letting agent fees impact one in four
Almost one in four people think they have been charged unfair fees by a letting agent, according to Shelter. The charity's research suggests that 11 million tenants across England feel have been ripped off when renting through an agent, with ...

August 29, 2012

Tenant demand bolsters buy-to-let confidence

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by Gill Montia

Tenant demand bolsters buy-to-let confidence
Landlord confidence in buy-to-let has been bolstered by strong tenant demand and attractive purchase prices, according to the latest landlord sentiment survey from LSL Property Services. Nearly half of landlords (48%) polled believe now is a good time to invest, while less ...

August 13, 2012

Rents up over 4% on the year

Permalink: Rents up over 4% on the year
by Gill Montia

Rents up over 4% on the year
The cost of renting a home in the UK has risen by 4.3% in the last year, according to the latest residential lettings survey from the Royal Institution of Chartered Surveyors (RICS). Across the country, strong regional variations were apparent, with ...