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buy_to_let Buy to Let finance. More readily available than ever?

A survey conducted by Paragon Mortgages has revealed that landlords perceive buy to let finance being more readily available than ever. Key findings show: – In Q4 2013 42% of 200 landlords asked thought finance was readily available. – In Q1 of 2014 we saw this percentage rise to 44%. This is the highest rate…

section 21 Activists call for a ban on section 21

Housing campaigners from London were protesting last week over evictions and insecurity of tenure. The aim was to “highlight how being evicted by a private landlord has become the leading cause of homelessness”. This protest came after the DCLG (Department of Communities and Local Government) were reported to have held a workshop making it easier…

landlord+loses+appeal+against+17+000+fine_1064_801522411_0_0_4000900_300 Oxford letting agent forced to pay back money after tricking students

A rogue letting agent who tricked students into paying to rent a house they could not live in has been forced to pay back all of the money he swindled from them. Zulfiqar Hussain took a deposit and a month’s rent from seven students so they could live in a house in East Oxford but…

3d business merge concept Changing tenant demographics

Throughout England, Scotland and Wales we are starting to see a change in the demographics of private renters, according to Countrywide Residential Lettings. Since January 2013, the amount of over 30s privately renting has increased by over 5%, now making up over 59% of all tenants. We have also seen a growth of 2.2% of…

home owndership trends Home ownership has fallen to the lowest level since 1980s

As we see a spike in private renting, home ownership has fallen to the lowest level since the 1980s. 19% of households now live in privately rented accommodation, which is the highest proportion the UK has seen since records began. Coinciding with this, there has been a significant fall in the amount of households living…