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Newcastle launches fee-free remortgage deals

  Newcastle Intermediaries has launched two fee-free remortgage deals with the option of cashback or free standard legal fee. Newcastle commits to supporting this market. They have created a very competitive range of products to further support borrower’s re-mortgaging needs. The deals are for the:  Borrowers only requiring 60% loan-to-value(LTV) it is offering a two-year…

Property Companies warn risk to Financial Stability

  The biggest property companies of London have warned the chancellor of the risk to financial stability if banks and lenders do not urge to show flexibility towards landlords no longer receiving rent. The London Property Alliance(LPA) represents more than 420 property companies with interests in central London. According to LPA, the “survival prospects” of…

UK Property Market falls due to Coronavirus

The number of  UK property market has fallen by 70% since the start of the coronavirus restrictions, according to homes listing site Zoopla. People were still selling and buying the properties until the start of the restrictions on 23 March, when the government advised people not to move house. However, sales have continued since then,…

MEES Regulations April 2020

  . MEES Regulations have come into effect from 1st April 2020. Landlords are expected to take appropriate steps to comply with the requirements of the Minimum Energy Efficiency Standard (MEES) regulations. Since 1st April 2018. Landlords have not been permitted to lease out their property (be that a commercial or residential lease) if the…