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New landlord database will be ‘gold mine’ of information for tax investigators
The launch of a new landlord database, envisaged by draft legislation published this week, could provide HMRC with a gold mine of…
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Unconventional borrowing solutions top priority for brokers, says TMA Club
TMA Club has today revealed that the top three queries their Broker Support Desk assisted Directly Authorised (DA) brokers with in Q1 were:…
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UK Finance: possessions up 50% in first quarter of year – reaction from brokers
It has been revealed that 750 homeowner mortgaged properties were taken into possession in the first quarter of 2023, which is 50% greater than…
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Purplebricks has “been circling the drain for years” – reaction to Purplebricks sale to Strike
Following the news Purplebricks has been sold to Strike for just £1 – pending approval by its shareholders – UK newswire, Newspage,…
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Housing crash may be avoided, Bloomberg Intelligence finds
New research from Bloomberg Intelligence (BI) finds that a housing crash may be avoided, evident in several indicators, housebuilders including Barratt, Taylor…
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Lawrence Stephens’ Yeganeh comments on Renters’ Reform Bill
The long-awaited renters’ reform bill, which is set to abolish no-fault evictions, will be tabled in Parliament today after multiple delays. Property…
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Experts comment on Renters’ Reform Bill: “Our new landlords are to be faceless corporations, pension funds, insurance companies and private hedge funds”
Ahead of the Renters’ Reform Bill, to be heard by MPs today, several mortgage and property experts have given their thoughts: Graham…
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Six in ten IFAs concerned 100% mortgages could create a repayment crisis
With the recent return of the 100% mortgage, new research from global research and insights agency Opinium reveals that nearly two thirds of IFAs (66%) who…
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Assured Sales joins forces with The Federation of Independent Agents
Being part of The FIA will give estate agent members access to a new way of managing property transactions, reducing fall through…
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Coventry Building Society to increase rates for all variable savings members and hold SVR for borrowers
Coventry Building Society has announced interest rate increases of up to 0.25% on its variable savings accounts from 1 June 2023. The…