Property Industry News
All the latest stories...Buy-to-let landlords win giant legal battle
Thousands of buy-to-let landlords in the West Bromwich area are to share a multimillion-pound pay-out after winning a case against West Bromwich Building Society. What happened? The case began in 2013 when the building society decided to increase the monthly cost for...
Birmingham has the lowest tenancy turnover
Tenants spend an average of 18 months in a rented property before moving on new research has found. The research, carried out by insurer Direct Line for Business, analysed major cities in the UK. Results showed that Birmingham has the lowest tenancy turnover in...
How tenant subletting is becoming a threat for residential landlords
In recent months there has been a growing list of issues for landlords to face, including the introduction of changes to tax and stamp duty. However, it is becoming evident that another concern is looming in the form of Airbnb and other similar websites. Airbnb’s...
Student property investment hits new highs
The volume of investment in student property in the UK reached a record £5.1 billion in 2015, more than doubling the figure achieved in the previous year. The report, carried out by a property firm has found that investment in student property accounts for 7.12% of...
More inventory disputes falling in favour of landlords
For the first time since the beginning of the tenant deposit scheme in 2007, more UK landlords are being awarded the full disputed amount at adjudications than tenants, new research has found. The figures, which were found as part of the Tenant Deposit Scheme Annual...
UK landlords unaware of new mortgage legislation
Over half (55%) of buy to let mortgage applicants are unaware of the changes that are soon to impact mortgage law, new research has found. The research by Direct Line for Business stated overall 62 per cent were unaware of either the changes to mortgage tax relief or...