Take advantage of our discounted landlord insurance ratesARLA says 'predicted' effect of tenant fees ban has already been felt within the private rented sector just hours ahead of its introduction. #TenantFeesBan #ARLA @arla_uk #RentedSector #Legislationhttps://t.co/bQHC8vi9PM
— The Negotiator (@TheNeg) May 31, 2019
Friday, May 31, 2019
Instant effect - Tenant Fees Ban
House price slump - Nationwide HPI
House prices slip in May in subdued market https://t.co/sRbyfbrUGU
— BBC Business (@BBCBusiness) May 31, 2019
Take advantage of our discounted landlord insurance ratesUK house prices slump as confidence remains subdued, says survey https://t.co/FOMaOXprmX #Housing pic.twitter.com/iqP6MEJIwc
— Property PR (@propertypr) May 31, 2019
Thursday, May 30, 2019
Spike in landlords selling up
Take advantage of our discounted landlord insurance ratesSpike in landlords selling up ahead of tenant fee ban: Arlahttps://t.co/E38kcATcc6
— Mortgage Strategy (@MortgageStrat) May 30, 2019
East sees biggest post-Brexit rent spike
Take advantage of our discounted landlord insurance ratesThe East of England has seen the largest spike in rents since Brexit vote https://t.co/KpbltuOqKu pic.twitter.com/QGWbuZ38L6
— Mortgage Introducer (@MortgageChat) May 29, 2019
Saffron launches HMO products
Take advantage of our discounted landlord insurance ratesSaffron launches four HMO products https://t.co/4RqCBUoRmq pic.twitter.com/c1eA5oDJvZ
— Mortgage Introducer (@MortgageChat) May 30, 2019
74,683 property sales in April
Take advantage of our discounted landlord insurance rates🏡 74,683 #propertysales were lodged for registration in April 2019. Find out what property type is more popular #pricepaiddata https://t.co/Yg1dJ3CD1O pic.twitter.com/jHKSFr7ncD
— HM Land Registry (@HMLandRegistry) May 30, 2019
Savills Resilient Cities Index
Take advantage of our discounted landlord insurance ratesThe Savills Resilient Cities Index identifies the 20 cities that are best placed to withstand or embrace the many disruptive forces facing global real estate today and in 10 years’ time. Read #SavillsImpacts now to find out which cities make the list https://t.co/crNnynfOOl pic.twitter.com/x79zz98YqH
— Savills (@Savills) May 28, 2019
Tenant fees ban - the details
Take advantage of our discounted landlord insurance ratesTenant fees ban – the Devil’s in the detail https://t.co/7dTroKVYg1 via @https://twitter.com/TheNeg
— Property Hawk (@landlordnews) May 29, 2019
Wednesday, May 29, 2019
Fleet launches 5 yr fixed and cuts rates
Fleet Mortgages launches 5-year fixes and cuts rates https://t.co/MycOSNf2Sd pic.twitter.com/orQLE3Eoot— Mortgage Introducer (@MortgageChat) May 29, 2019
Letting agents ‘flouting’ existing laws
Take advantage of our discounted landlord insurance ratesLetting agents are 'flouting’ existing consumer laws, as new @genrentuk research questions how effective the upcoming Tenant Fees Act will be - https://t.co/BNUak9K2aF #ukhousing pic.twitter.com/Z26yLK0Vwe
— 24housing Magazine (@24housing) May 28, 2019
DWP Universal Credit landlord newsletter
Take advantage of our discounted landlord insurance ratesThe Department for Work and Pensions has published the latest newsletter for landlords who let properties to tenants in receipt of Universal Credit https://t.co/tbbqioPAvN
— NLA (@nationalandlord) May 29, 2019
Number of new homes rose by 222,000
Take advantage of our discounted landlord insurance ratesNumber of new homes rose by 222,000 last yearhttps://t.co/6sHZk8yv2j
— Mortgage Strategy (@MortgageStrat) May 28, 2019
Falling London house prices gives hope
Take advantage of our discounted landlord insurance ratesFalling London house prices gives buyers hope. “It could be argued that there was a need for a correction in the capital, with property prices racing away and putting ownership beyond the reach of many ‘ordinary’ people" https://t.co/oz9k4TqUcG pic.twitter.com/IvIF4LhVhP
— Money Observer (@MoneyObserver) May 29, 2019
120,000 UC tenants behind on rent
Take advantage of our discounted landlord insurance ratesUniversal Credit: 120,000 people on the DWP benefit have fallen behind on rent payments, with some being evicted from council houseshttps://t.co/yXgJTNFZ6E
— i newspaper (@theipaper) May 29, 2019
Millennials are already downsizing
Take advantage of our discounted landlord insurance ratesMillennials are already downsizing, says report https://t.co/y66etVHJN0 via @https://twitter.com/TheNeg
— Property Hawk (@landlordnews) May 29, 2019
Allsop's property auction app
Take advantage of our discounted landlord insurance ratesHave you downloaded our new #auction app ahead of our #residential #property sale on Thursday? #meetthemarkethttps://t.co/K9I5OQbOgN pic.twitter.com/ifMQCORd69
— Allsop (@AllsopLLP) May 28, 2019
Mortgage approvals at a 2 year high
Take advantage of our discounted landlord insurance ratesMortgage approvals jump to highest level for two years https://t.co/twRKsq5uFZ
— Guardian Money (@guardianmoney) May 28, 2019
UK’s most and least affordable areas
Take advantage of our discounted landlord insurance ratesWhere are the UK’s most and least affordable areas? https://t.co/dQioFfmTlc pic.twitter.com/RfxPfpP8K8
— Which? Money (@WhichMoney) May 28, 2019
Worst April for buyer demand: NAEA
Take advantage of our discounted landlord insurance ratesWorst April for buyer demand in a decade: NAEAhttps://t.co/n9cKyxJD9e
— Mortgage Strategy (@MortgageStrat) May 28, 2019
New Permitted Development Rights
Take advantage of our discounted landlord insurance ratesTomorrow, new #PDRs which will allow A1/A2/A5 uses to change to office B1, and allow A5 uses to change to dwellinghouse C3 (subject to conditions and limitations, including floorspace limitations) come into force.
— Lichfields (@LichfieldsUK) May 24, 2019
See our updated guides: https://t.co/A7wKv1f5Rl pic.twitter.com/9mOi7n1QEL
Best agents will survive fees ban
Take advantage of our discounted landlord insurance ratesOnly the best letting agents will survive the Tenant Fees Ban https://t.co/Lw486o92C7 pic.twitter.com/55O5HYtfHq
— Mortgage Introducer (@MortgageChat) May 28, 2019
Tuesday, May 28, 2019
House sales hit 11-year Scottish high
Take advantage of our discounted landlord insurance ratesBBC News - House sales hit 11-year Scottish high https://t.co/yiOxYaAfOH
— Property Hawk (@landlordnews) May 28, 2019
Letting agents using fees loopholes
Take advantage of our discounted landlord insurance ratesHow letting agencies are using loopholes to charge fees ahead of the tenant fees ban https://t.co/ORDztVZc8g
— Property Hawk (@landlordnews) May 28, 2019
Home ownership at an all-time high
Take advantage of our discounted landlord insurance ratesHome ownership figures at an ‘all-time high’ - https://t.co/RPlpvQmTer #ukhousing pic.twitter.com/KYupTLkOfI
— 24housing Magazine (@24housing) May 28, 2019
Mansfield add expat BTL to range
Mansfield adds expat consumer buy-to-let to range https://t.co/BStE31aj6z pic.twitter.com/BKr2vGY3hH— Mortgage Introducer (@MortgageChat) May 28, 2019
Global Student Property Report 2019
Take advantage of our discounted landlord insurance ratesOur Global Student Property Report 2019 is out now. We identify the key global trends from across the student #property sector, including insight on key markets, capital flows and analysis on the shifting patterns of global student demand. Read more here: https://t.co/NY3jW4Q5bf pic.twitter.com/GVvy79j8ld
— Knight Frank (@knightfrank) May 28, 2019
Govt announce bigger extension rights
Take advantage of our discounted landlord insurance ratesBBC News - Homeowners in England free to build bigger extensions https://t.co/JKProBADI8
— Property Hawk (@landlordnews) May 28, 2019
Half of landlords ‘more likely’ to leave PRS
ICYMI - Half of landlords ‘more likely’ to leave PRS under government plans, according to a new @RLA_News survey - https://t.co/cHbVKxM3Wu #ukhousing pic.twitter.com/v51w2s8Wf0
— 24housing Magazine (@24housing) May 26, 2019
Take advantage of our discounted landlord insurance ratesICYMI: Coverage in @Telegraph of @RLA_PEARL research, showing that more than 46% of landlords are more likely to sell some or all of their rental homes as a result of government plans to end #Section21 repossessions, so-called ‘no fault’ evictions https://t.co/io9Ss0I7cu
— RLA Landlord News (@RLA_News) May 26, 2019
No help with leasehold extension
Take advantage of our discounted landlord insurance ratesI want to extend the lease on my flat, but the freeholders won't help https://t.co/ZMZjbjIZeL
— Guardian Money (@guardianmoney) May 27, 2019
Downside to tenant fees ban
Take advantage of our discounted landlord insurance ratesChanges to the law in Scotland to improve tenants’ rights were welcome – but they have produced problematic unintended consequences, says a Scottish property management company Apropos by DJ Alexander. #TenantsFeeBan #TenantsRights #Scotlandhttps://t.co/GM15jLgX3w
— The Negotiator (@TheNeg) May 28, 2019
Coventry ups maximum BTL to £750k
Coventry Building Society has increased its maximum buy-to-let borrowing limit to £750,000, meaning it now offer mortgages on properties worth up to £1.5m. #BuyToLet #CoventryBuildingSociety #BorrowingLimit #BTLmortgageshttps://t.co/fEUO57LmbJ— The Negotiator (@TheNeg) May 28, 2019
Sunday, May 26, 2019
Letting agent failed to provide key fob
Take advantage of our discounted landlord insurance ratesCity worker claims agency should have given him key fob to gain entry after gate security was switched on, but @Savills denies responsibility.https://t.co/tcCqY1gsTe
— The Negotiator (@TheNeg) May 24, 2019
My landlord won't update my flat
Take advantage of our discounted landlord insurance ratesProperty doctors: 'My flat is in disrepair and my landlord is doing nothing. What can I do?' https://t.co/TsY1PPQYTi
— Telegraph Property (@TeleProperty) May 24, 2019
Saturday, May 25, 2019
If a house was designed by machine
Take advantage of our discounted landlord insurance ratesIf a house was designed by machine, how would it look? 🤖🏠
— BBC Business (@BBCBusiness) May 22, 2019
[Tap to expand] https://t.co/yagemwkfw5 #TheDisruptors pic.twitter.com/J24Dae0PuE
Landlords consider PRS pullout
Take advantage of our discounted landlord insurance ratesLandlords and letting agents consider PRS pullout https://t.co/CQzggHdlt0 pic.twitter.com/RwSXbF3Q1y
— Mortgage Introducer (@MortgageChat) May 24, 2019
Friday, May 24, 2019
MoJ figures put S21 ban into disarray
Take advantage of our discounted landlord insurance ratesOfficial figures from Ministry of Justice put government's plans to ban Section 21 'no fault' evictions into disarray. @MoJGovUK #Section21 #Evictionhttps://t.co/IpNo0vg6xj
— The Negotiator (@TheNeg) May 24, 2019
Will a new PM change PRS policy?
Take advantage of our discounted landlord insurance ratesCould a change in Prime Minister spark a change in policy for the PRS? https://t.co/cDJOopXmB7 pic.twitter.com/zhs1rpz7UH
— Mortgage Introducer (@MortgageChat) May 24, 2019
Thursday, May 23, 2019
Private rental prices up 1.2%
Take advantage of our discounted landlord insurance ratesPrivate rental prices up 1.2% across the country https://t.co/PvrbTyxgOH pic.twitter.com/fkES2sE7zj
— Mortgage Introducer (@MortgageChat) May 22, 2019
Call to ban short-term let Tube adverts
Take advantage of our discounted landlord insurance ratesThe Mayor of London is being urged to ban adverts that are urging landlords to adopt short term lets, rather than sustained tenancies - https://t.co/XGNPUHHVEm #ukhousing pic.twitter.com/mloirOq6GW
— 24housing Magazine (@24housing) May 23, 2019
Scepticism over tenancy fees ban
Take advantage of our discounted landlord insurance ratesThe UK is “sceptical and confused” over the government’s plan to scrap tenancy fees, despite its financial advantage to tenants, new @JustLandlords research reveals - https://t.co/mF33toRUIc #ukhousing pic.twitter.com/RdduzkGaRU
— 24housing Magazine (@24housing) May 22, 2019
Barclays cuts BTL rates
Take advantage of our discounted landlord insurance ratesBarclays cuts rates across resi, BTL and reward rangeshttps://t.co/mB71zIaYbX
— Mortgage Strategy (@MortgageStrat) May 22, 2019
Hull - 'the happiest place to rent'
Take advantage of our discounted landlord insurance ratesKingston upon Hull is happiest place to rent in the UK https://t.co/ZguuWj36O8 pic.twitter.com/tOl4Foaf7q
— Mortgage Introducer (@MortgageChat) May 22, 2019
Best and worst areas to sell property
Take advantage of our discounted landlord insurance ratesThese are the best and worst areas for selling property: https://t.co/LBNSI5Rqhy pic.twitter.com/KmkKVcqxyv
— Which? Money (@WhichMoney) May 22, 2019
Letting agent sued £100k after accident
Take advantage of our discounted landlord insurance ratesCity worker sues letting agent after injuring himself climbing new gate at £1m home https://t.co/4xc3XbhPej
— Evening Standard (@standardnews) May 22, 2019
Should you spend your pension on BTL?
Take advantage of our discounted landlord insurance ratesMore over-65s are taking out buy-to-let mortgages. Could becoming a landlord fund your retirement? https://t.co/9CdmBl5uzN
— Property Hawk (@landlordnews) May 22, 2019
Wednesday, May 22, 2019
North - South house price divide
Take advantage of our discounted landlord insurance ratesNorth-South divide in house prices https://t.co/gFcrBYSwFB
— BBC Business (@BBCBusiness) May 22, 2019
The rise of Scottish Build to Rent
Take advantage of our discounted landlord insurance ratesBuild to Rent developments are on the rise in Scotland - Savills George Hepburne Scott takes a closer look in his latest blog post: https://t.co/wV5C526JNV #buildtorent pic.twitter.com/ORbrtDAgvd
— Savills (@Savills) May 21, 2019
Rents surge in the West Midlands
Take advantage of our discounted landlord insurance ratesThe West Midlands is the fastest growing area for rent https://t.co/TeVoQ3H5AU pic.twitter.com/QHbvnpaloa
— Mortgage Introducer (@MortgageChat) May 22, 2019
‘Ethical’ buy-to-let investment
Take advantage of our discounted landlord insurance rates‘Ethical’ buy-to-let investment puts money into affordable homes https://t.co/YmPSnhzbm6 #affordablehomes #firsttimebuyers pic.twitter.com/uPFefBgsC9
— Zoopla (@Zoopla) May 21, 2019
Testing online right-to-rent service
Take advantage of our discounted landlord insurance ratesWant to know how you can make #righttorent more straightforward? https://t.co/lg4pwG1iPq pic.twitter.com/Ig0CXxqwAt
— NLA (@nationalandlord) May 22, 2019
Paragon grows lending
- First half mortgage lending up 16% to £834 million (31 March 2018: £721 million)
- New lending dominated by complex and professional landlord business
- Underlying profit in the mortgage segment up 17% to £85 million
Paragon, the specialist banking group, has reported a 16% increase in first half mortgage lending to £834 million, up from £721 million in the same period last year.
Buy-to-let business dominated new mortgage lending, up by 17% to £788 million, benefitting from Paragon’s focus on professional landlords with larger portfolios who are becoming increasingly important to the supply of private rented property in the UK.
The proportion of ‘complex’ buy-to-let completions – comprising customers operating through corporate structures or running large portfolios - increased from 72% to 88% of the total during the first half and represented 92% of the pipeline of future business at the end of March.
Underlying profits in the mortgage segment grew by 17% to £85 million and the net interest margin – which measures the difference between Paragon’s funding costs and what it earns from lending - improved from 1.55% in the first half last year to 1.69%.
By the end of the period, Paragon’s mortgage loan book had increased by 7% to £10.8 billion.
Alongside mortgage lending, Paragon delivered an 89% year-on-year increase in its Commercial Lending portfolio to £1.3 billion demonstrating good progress in its strategic transformation to a more broadly-based banking group focussed on supporting British SMEs and consumers in specialist lending markets.
The increase in lending was funded principally through an increase in the Group’s savings deposits which grew 37% to £5.9 billion.
John Heron, Managing Director of Mortgages at Paragon reflects:
Private landlords are vital to the UK’s housing provision and we continue to develop our product and service capability to support them in developing their business."
Take advantage of our discounted landlord insurance rates
Brexit continues to weigh on London prices
Take advantage of our discounted landlord insurance rates#Brexit continues to weigh on London house prices https://t.co/jXB2nWWDEs pic.twitter.com/ydME9zWxae
— Money Observer (@MoneyObserver) May 21, 2019
Rightmove's latest House Price Index
Take advantage of our discounted landlord insurance ratesSee what's changed in house prices this month in today's brand new House Price Index report >> https://t.co/iPsxUOgzNQ #HPI #houseprices pic.twitter.com/zpqVtkcawt
— Rightmove (@rightmove) May 21, 2019
Modest rent rise in April : YourMove
Take advantage of our discounted landlord insurance ratesLandlords see modest rent rise in April: Your Movehttps://t.co/vuKTM3xrXm
— Mortgage Strategy (@MortgageStrat) May 22, 2019
Reduction in PRS investment: Section 21
Take advantage of our discounted landlord insurance ratesNearly half of landlords and letting agents are "more likely" to remove some of their PRS investment as a result of the government’s plans to end Section 21 - https://t.co/cHbVKy3Fl4 #ukhousing pic.twitter.com/PQIPC3KOp0
— 24housing Magazine (@24housing) May 22, 2019
Latest ONS house price figures
#England monthly #houseprices have fallen by 0.5% since February 2019. The average #propertyprice now £243,128. Find out more about trends in #propertyprices in England https://t.co/3b98PlIctS pic.twitter.com/X2AnDFKzrB
— HM Land Registry (@HMLandRegistry) May 22, 2019
Take advantage of our discounted landlord insurance ratesOur latest house price figures have been published today https://t.co/SLzF8Rd60V
— ONS (@ONS) May 22, 2019
Tuesday, May 21, 2019
Landlord ordered to behave himself
Take advantage of our discounted landlord insurance ratesLandlord ordered to behave after admitting struggle with Hawick tenant https://t.co/70skgms9hl
— Property Hawk (@landlordnews) May 21, 2019
Lenders overly cautious: Japanese knotweed
Take advantage of our discounted landlord insurance ratesShout out to anyone that's experienced Japanese knotweed -MPs think that mortgage lenders are being ‘overly cautious’ about the destructive plant. https://t.co/uSt8wjAcfx #Zoopla #Japaneseknotweed pic.twitter.com/aBNll5zgxy
— Zoopla (@Zoopla) May 20, 2019
Landlords abandon Tories in protest
Take advantage of our discounted landlord insurance ratesLandlords abandon Tories in protest at buy-to-let crackdown https://t.co/1V8VUBEVOK
— Telegraph Money (@MoneyTelegraph) May 21, 2019
Masthaven launches new BTL products
Masthaven launches new BTL products and cuts rateshttps://t.co/jUE1YJ50hk— Mortgage Strategy (@MortgageStrat) May 20, 2019
Property transactions down 0.3% in April
Take advantage of our discounted landlord insurance ratesUK property transactions in April were 0.3% lower than in March & 0.8% higher than a year ago. Taking the 12 month average, property transactions were 0.9% lower than a year earlier. #ukhousing #housinghttps://t.co/xm01f3wEYL pic.twitter.com/vwcefbfsBH
— Noble Francis (@NobleFrancis) May 21, 2019
Is this a good time for London landlords to buy?
Take advantage of our discounted landlord insurance ratesHouse prices are falling at the fastest rate in London, making now the best time for landlords to buy https://t.co/bdCw6sCazf
— The Telegraph (@Telegraph) May 21, 2019
Can my brother be my tenant?
Take advantage of our discounted landlord insurance ratesCan my brother be my tenant even if my mortgage doesn't allow it? https://t.co/Bq2MDRbwmY
— Property Hawk (@landlordnews) May 20, 2019
Monday, May 20, 2019
UK property register needed urgently
Take advantage of our discounted landlord insurance ratesUK property register 'needed urgently' to stop money laundering https://t.co/mDWLqEpHhM
— Property Hawk (@landlordnews) May 20, 2019
The rise of Bridge-to-Let
Bridging Watch: The rise and rise of bridge-to-lethttps://t.co/CAIgyPBe2i— Mortgage Strategy (@MortgageStrat) May 20, 2019
Coastal house price data
Take advantage of our discounted landlord insurance ratesHalifax found that Scotland is the place to be if you’re looking for a bargain, with nine of the 10 cheapest coastal areas located there: https://t.co/pu7GRN7FSX pic.twitter.com/XmKl0t6EID
— Which? Money (@WhichMoney) May 20, 2019
Council hands flat owner £146,000 bill
Take advantage of our discounted landlord insurance rates'A terrible shock': council hands flat owner £146,000 bill https://t.co/Km0tKTNrhE
— Guardian Money (@guardianmoney) May 18, 2019
Landlord's mental health - NLA podcast
Take advantage of our discounted landlord insurance ratesLandlords, do you take time out to care for your mental health?
— NLA (@nationalandlord) May 18, 2019
In our latest podcast, we look at some of the situations that can cause landlords stress https://t.co/NcGGSEAurT#Workplacestress #MHAW19
Stamp Duty Land Tax receipts down £1bn
Take advantage of our discounted landlord insurance ratesIncome to the Treasury from Stamp Duty Land Tax receipts fell by 7.5%, the equivalent of £1 billion in the financial year to the end of March 2019.
— Proffitt & Holt (@ProffittHoltEA) May 20, 2019
Figures released by the HMRC indicate income from SDLT fell to £11.9 billion from £12.9 billion in 2017/18. pic.twitter.com/vpRzLvRoZc
Record response to RLA post-Section 21 survey
Take advantage of our discounted landlord insurance ratesMore than 6,000 landlords have responded to a @RLA_News survey, beating the previous record, asking what a post-Section 21 private rented sector should look like - https://t.co/hBpEm8HtNf #ukhousing pic.twitter.com/kdXcARX0ij
— 24housing Magazine (@24housing) May 20, 2019
Latest Rightmove House Price Index
Take advantage of our discounted landlord insurance ratesSee what's changed in house prices this month in today's brand new House Price Index report >> https://t.co/vTZlGeuQRb #HPI #houseprices pic.twitter.com/JT6Ws1Q5NG
— Rightmove (@rightmove) May 20, 2019
Accord raises max LTV to 80%
Accord Buy to Let raises maximum LTV to 80% https://t.co/9xYHTWc0gg pic.twitter.com/HfgDNj4eQF— Mortgage Introducer (@MortgageChat) May 20, 2019
Sunday, May 19, 2019
Scottish Homes sell fastest in UK
Take advantage of our discounted landlord insurance ratesScottish Homes sell fastest in UK https://t.co/f6BE0AR7Oy pic.twitter.com/cw22Hm0CcW
— Mortgage Introducer (@MortgageChat) May 15, 2019
Saturday, May 18, 2019
All lenders need to change their DSS tenant rules
Take advantage of our discounted landlord insurance ratesFSE Manchester: All buy-to-let lenders need to change their DSS tenant rules https://t.co/dx8Ag9hPiw pic.twitter.com/4GrANgOArN
— Mortgage Introducer (@MortgageChat) May 15, 2019
Thursday, May 16, 2019
Increase in tenant activity predicted
Take advantage of our discounted landlord insurance ratesIncrease in tenant activity predicted from June 1 https://t.co/fGyeowbmMJ pic.twitter.com/ONIJpbWNVt
— Mortgage Introducer (@MortgageChat) May 15, 2019
Skipton launches buy-to-let products
Take advantage of our discounted landlord insurance ratesSkipton launches resi and buy-to-let products https://t.co/UkdUs3QrXE pic.twitter.com/GKYcGORlvz
— Mortgage Introducer (@MortgageChat) May 15, 2019
£16,000 fine for unlicensed HMO
Take advantage of our discounted landlord insurance rates£16000 in fines and costs for unlicensed HMO in poor condition with breaches of HMO management regs - Colchester. https://t.co/AIgeyM2FEx
— Nearly Legal (@nearlylegal) May 15, 2019
Differing house price forecasts
Take advantage of our discounted landlord insurance rates... & clearly there is greater divergence between house price forecasts for next year. The median forecast is 1.3% growth for the year to 2020 Q4. The highest is 4.5% (Shroders Investment Management) & the lowest is -3.0% (Economic Perspectives).#ukhousing pic.twitter.com/DMfapIzR3L
— Noble Francis (@NobleFrancis) May 15, 2019
Renting Homes (Fees etc.) (Wales) Act
The Renting Homes (Fees etc.) (Wales) Act 2019 was given Royal Assent earlier today. Here's what you need to know > https://t.co/wDzKWEBqs2
— RLA Landlord News (@RLA_News) May 15, 2019
Take advantage of our discounted landlord insurance ratesLaw to ban letting fees in Wales given Royal Assent - https://t.co/KnkV2s293Z #ukhousing pic.twitter.com/s0S8WICC4R
— 24housing Magazine (@24housing) May 15, 2019
Preparing a property to let - video
Take advantage of our discounted landlord insurance ratesOur training video on preparing a property to let is now online Check it out : https://t.co/CuyWsbH7ao
— Tessa Shepperson (@TessaShepperson) May 15, 2019
Govt needs to restore LHA rates
Take advantage of our discounted landlord insurance ratesA new report calls for the government to "urgently restore" Local Housing Allowance rates in #UniversalCredit to ensure they truly cover the cost of rent - https://t.co/EQqbm0Luyw #ukhousing pic.twitter.com/pIRbu1yKrH
— 24housing Magazine (@24housing) May 15, 2019
Prime Residential Report - Savills
Take advantage of our discounted landlord insurance ratesOur latest on the "ins and outs" of the prime housing market with a focus on Brexit, what has proved resilient resilient and what might happen next ..... https://t.co/R3BxHfA48p pic.twitter.com/vF0iVPnQe2
— Lucian Cook (@LucianCook) May 15, 2019
Wednesday, May 15, 2019
Imagining life after Section 21
Take advantage of our discounted landlord insurance ratesBuy-To-Let Watch: Imagining life after Section 21https://t.co/mjG8D6x7Uh
— Mortgage Strategy (@MortgageStrat) May 15, 2019
LendInvest launches new BTL products
Take advantage of our discounted landlord insurance ratesLendInvest launches new BTL products and cuts rateshttps://t.co/spKHuiEiqO
— Mortgage Strategy (@MortgageStrat) May 14, 2019
What can landlords charge tenants after June 1st?
Take advantage of our discounted landlord insurance ratesWhat can landlords charge tenants after June 1?https://t.co/qClFkNhAfI #tenants #tenantfees pic.twitter.com/33mV3VyxG1
— Zoopla (@Zoopla) May 14, 2019
Pledge to speed up courts:repossessions
Take advantage of our discounted landlord insurance rates.@HeatherWheeler has pledged to make changes to the courts to “speed up” the ability of landlords to repossess properties, amid government decision to abolish section 21 - https://t.co/e7OCTjg5Hj #ukhousing pic.twitter.com/wUZRRij5p0
— 24housing Magazine (@24housing) May 14, 2019
Tuesday, May 14, 2019
Minister pledges court reforms
Take advantage of our discounted landlord insurance ratesMinister pledges court reforms to help landlordshttps://t.co/QUK11mdx6b
— Mortgage Strategy (@MortgageStrat) May 14, 2019
Section 21: a case study of five landlords
Take advantage of our discounted landlord insurance ratesSection 21: why is it a vital tool for landlords, a case study of five landlords | National Landlords Association https://t.co/aEgNcUVJJt
— Property Hawk (@landlordnews) May 13, 2019
TSB amends BTL rates
Take advantage of our discounted landlord insurance ratesTSB amends resi and BTL product rateshttps://t.co/mk7Z6gfpkr
— Mortgage Strategy (@MortgageStrat) May 14, 2019
Platform cuts BTL rates
Platform cuts buy-to-let rates https://t.co/lPBar92EZw pic.twitter.com/n3PGeYPkB7— Mortgage Introducer (@MortgageChat) May 10, 2019
Monday, May 13, 2019
Campaign to bring LHA rates in line with rents
Take advantage of our discounted landlord insurance ratesRLA backs campaign to bring LHA rates back in line with rents https://t.co/9nB5wfdYE6
— RLA Landlord News (@RLA_News) May 11, 2019
Anti-Money Laundering for letting agents
Take advantage of our discounted landlord insurance ratesMore red tape as government wants Anti-Money Laundering for letting agents https://t.co/XzYTFhiqlc pic.twitter.com/8q715kSWQW
— ARLA Propertymark (@arla_uk) May 10, 2019
BTL : here's why you should hold off selling
Take advantage of our discounted landlord insurance ratesBuy-to-let crackdown: here's why you should hold off selling https://t.co/QidNqk20Ii
— Telegraph Property (@TeleProperty) May 13, 2019
Landlords selling - average £80k profit
Take advantage of our discounted landlord insurance ratesBuy-to-let landlords selling up are making an £80,000 average profit > client @jeremyleaf comments via @ThisIsMoney https://t.co/7FjlH7dCpL
— Melanie Bien (@melaniebien) May 13, 2019
Paragon offers short term lending
- Short term finance for landlords to fund property refurbishment
- Choice of options to cover property acquisition as well as upgrades to existing property
- Interest can be rolled up or paid monthly
- Opportunity to convert to a buy-to-let mortgage with reduced application fees
The short term finance products are designed to help landlords planning to purchase and improve property, as well as those looking to upgrade already-owned property to achieve a better yield.
The range includes three different options to cover standard, light and heavy refurbishment projects. This makes it suitable for landlords considering simple improvements, those undertaking refitting and modernisation work and those carrying out alterations that need planning permission, permitted development rights or building regulations. The range also extends to projects involving a change of use for HMOs and multi-unit conversions.
All options offer loan amounts of up to £1,000,000, with maximum loan to value (LTV) ratios ranging from 65% to 75% and terms from one month to 12 months depending on the option selected. Loans are interest only and come with a choice of either monthly payments or rolled up interest.
Landlords applying for standard and light finance with a maximum term of six months can also opt for a simultaneous short term finance and buy-to-let mortgage application on the same property. These applications will be assigned the same underwriter to improve continuity and customers will benefit from reduced mortgage application fees.
John Heron, Director of Mortgages at Paragon comments:
“As landlord tax changes begin to bite, property refurbishments can offer an attractive route to boost capital value and improve yield.”
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