Boris announced that he would bring forward emergency legislation after he was accused of ‘ignoring’ those in privately-rented accommodation. The government stated no-one should have to risk losing their home as a result of the Covid-19 pandemic. Housing Secretary Robert Jenrick said landlords could not start proceeding to evict tenants for at least a three-month…
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A client approached us looking to source buy to let finance. He was a trading limited company with a sole director. The client wanted to purchase an ex-Local Authority 3-bed terraced house to rent out on a standard AST. The client could show us his property portfolio – made up of 5 properties and provided…
Banking trade body announces to give a relief to homeowners who fear falling behind on their mortgage payments because of coronavirus. This relief includes a payment holiday or a bigger overdraft. Banks, building societies and credit card providers understand customers’ worries about the effect that coronavirus could have on their finances. They may face financial…
Prices grew at an annual pace of 2.3% in February, up from 1.9% in January. According to the latest survey from the Nationwide Building Society UK annual house prices are growing at their fastest pace for 18 months. Prices grew at an annual pace of 2.3% in February, up from 1.9% in January. The latest…