Pepper Money has relaunched its buy-to-let range for individual investors and limited companies. Pepper Light is now available for buy-to-let purchase for the first time. The range starts at 3.70% and is for customers who have experienced defaults, missed payments and arrears, but have not received a County Court Judgement. The lender has also extended […]
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Two thirds of landlords would want to raise rents if they were forced to allow their tenant to keep a pet in their property, research from the Tenancy Deposit scheme has found. The Tenant Fees Act prohibits landlords and agents from charging additional fees to tenants, including pet deposits. Getting a pet has become more […]
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The number of new tenancies is almost back to pre-pandemic levels after dropping by 32% in Q2 2020, data from The Deposit Protection Service found. New tenancies registered with The DPS fell from just under 60,000 in March to just over 32,000 in April. However, June saw a swift recovery of just under 56,000 registrations […]
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Digital technology company Teclet and Canopy have launched a partnership. Users of Teclet, which is a platform that automates lettings, renewal and property management tasks, can now use Canopy’s system, which pre-screens tenants by verifying their Experian credit profile and financial history. John Evans, commercial director at Teclet, said: “Letting agents need to build long-term […]
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An inquiry has launched into the state of England’s homes – analysing why some are in poor condition and exploring how to raise standards. The Good Home Inquiry, sponsored by the Centre for Ageing Better, will be chaired by David Orr, former chief executive of the National Housing Federation and chair of Clarion Housing Association. […]
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Full planning applications will not be required to demolish and rebuild unused buildings from September in new laws laid out by the UK Parliament. The new laws hope to deliver new homes and revitalise town centres across England, and enable high streets and town centres to provide more space for new businesses to help them […]
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Mayor of London Sadiq Khan has called for significant government funding to support affordable homes, as well as increased investment in precision manufactured and modular housing. The focus should be on technology, skills and career opportunities to support the construction jobs of the future. The recommendations are part of the final report from Deputy Mayor […]
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Specialist buy-to-let lender Zephyr Homeloans has joined the mortgage panel at Openwork, the financial advice and investment network. Openwork’s community of more than 4,000 advisers and 1.2 million clients will now have access to Zephyr’s range of buy-to-let products. Zephyr offers loans up to £1m for standard properties with a maximum loan-to-value (LTV) of 75% […]
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Tenant moves will surge in the coming weeks now lockdown measures have been eased, inventory service No Letting Go has predicted. The number of completed lets was above the 2019 average for all but six days in June, research from Goodlord found, while new tenancy applications remained 90% above 2019 levels last month. Nick Lyons, […]
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The top UK holiday home location is Wales according to data from holiday home insurance company Schofields. The data was calculated by looking at holiday home insurance contracts which were renewed and purchased from January to June 2020. In a previous survey, Schofields found that travellers were most concerned about holiday companies not being financially […]
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