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Lenders pull plug on best buy-to-let deals – Letting Agent Today

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Buy-to-let mortgage lenders have pulled the plug on a number of deals – just as the National Landlords Association was happily reporting a relaxation in the deposit requirements for BTL mortgages together with a growth in the number of products. But the NLA’s announcement looked untimely, as at least 50 cheaper BTL deals suddenly disappeared. Last […]

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So you want to rent your property out and get good tenants?

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The best way to get good tenants is to start out with getting your property to the right standard and finish. Here are something’s you may want to consider. It is recommended landlords start with a clean canvas then combine quality fittings and appliances with furnishings (where needed) and décor. The idea is to let […]

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Latest news from RightMove

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According to the Rightmove their House Price Index for April rose by 1.7%, with the average asking price now £235,822, while the number of unsold properties estate agents have on their books rose at their fastest level since May 2007. Miles Shipside, director of Rightmove, said that many may want to rethink their decision to […]

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LHA TENANTS – CHANGES IN THE RULES

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  .Interesting article we found from the RLA New rules for Local Housing Allowance rates which came in force from April 1 will affect private landlords who accommodate tenants on Local Housing Allocation. LHA rates are used to calculate housing benefits for tenants renting from private landlords. LHA rates will now be set at 30% […]

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Household disposable income dips for the first time in three decades

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. The extent of the challenges facing the UK economy were set in perspective with the news that take home pay for the average British household fell last year for the first time since 1981. According to the Office for National Statistics (ONS), actual disposable household income slipped by 0.8 per cent in 2010. This […]

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Tenant Applications Hit Record Levels

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The number of new tenants registering for rental accommodation exceeded 200,000 last year as demand reached record levels in 2010, reported the UK’s largest lettings agent Countrywide. According to Countrywide’s latest figures, the overall volume of new tenant applications increased by 37% in 2010 compared to 2009, with demand peaking between July and September. In […]

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