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ADDED 16/05/08
OFT sale and rent back study gets underway

The Office of Fair Trading (OFT) has launched a market study into the sale and rent back sector. The arrangement – also known as sale and lease back – enables homeowners to sell their property at a discount to property investors or buy to let landlords in return for the option to remain in the house as a tenant. It can be seen as attractive to people in financial difficulty and facing possible repossession of their homes. MORE

ADDED 16/05/08

New social landlord regulator goes for carrot and stick approach

 

Anthony Mayer will be the first Chair of the new social housing regulator, the Office for Tenants and Social Landlords (Oftenant), Housing Minister Caroline Flint announced this week. She has promised the regulator will listen to tenants' concerns and have powers to ensure they're getting a good service... MORE

ADDED 16/05/08

Buy to let loans increase in subdued house buying market

 

Mortgage lending for house purchase remained subdued in March but remortgaging levels held up well in the face of funding constraints, according to data released today by the Council of Mortgage Lenders (CML). The proportion of ‘other’ lending, predominantly made up of buy to let loans and further advances, increased to £7.2 billion... MORE

ADDED 16/05/08

'Truly dreadful implementation' of HIPs says property specialist

 

Property investment companies and individual residential landlords looking to purchase or sell buy to let homes were first dismayed by the original introduction of Home Information Packs (HIPs), and are now frustrated by the subsequent delays. The latest delay and moving of the goalposts announcement this week from Housing Minister Caroline Flint has prompted... MORE

ADDED 14/05/08
Property industry voices dissatisfaction over interest rate decision  
The Bank of England’s decision to leave interest rates at 5 percent has been met with disappointment by the property industry in particular. Generally it is felt that the Monetary Policy Committee has focussed simply on inflation rather than the overall health of the economy and there are fears the Government is letting the UK slip into recession because they are taking the... MORE

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Residential Landlord is the premier and complete information website for landlords and property investors with UK buy to let rental property investments.

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