Letting agency staff may have to check millions of tenancy agreements after fees ban
Letting agents will soon have to check all their existing tenancy agreements to ensure they do not refer to fees that will soon be illegal when the ban goes live on June 1st this year, a leading national estate agency has warned. Strutt & Parker has made the claim within its advice to landlords ahead […]
Buy-to-let lending slumps as landlords deterred by tax changes
Buy-to-let mortgage activity continued to slow in December with landlord investors taking out just 5,100 new buy-to-let home purchase mortgages, down 5.6% on the corresponding month in 2017, data from UK Finance shows. According to the industry body, the total value of buy-to-let loans dropped by 12.5% to £700m, as fewer buy-to-let investors actively look […]