UK renters risk being thrown out on their ear by landlords should they get sick, as only 29% say they could pay next month’s rent if they were unable to work due to illness.
Read MoreRent unlikely to be paid if tenants fall ill for a month or more
Tag: news
First phase of vast new Build To Rent scheme completed
The first phase of of a huge 551-bed Build To Rent scheme in Birmingham has been completed.
This phase consists of 125 units for BTR operator Get Living; the rest of the six-building development is set to be completed later this year.
Read MoreCOURTS (rent to rent): Landlord wins ‘important’ appeal in rent to rent case
Landlord Amlendu Kumar has successfully appealed against a Rent Repayment Order for his Tooting property after a ‘rent to rent’ company he contracted with turned into an illegal HMO without his knowledge.
Read MoreAlmost 60% of over-55s are making sacrifices to be mortgage-free by retirement
Around 57% of over-55s are making sacrifices in the run-up to retirement so they don’t have to make mortgage repayments when they retire.
Read MoreWhy buying a new car on finance might knock your mortgage chances
Homebuyers are being warned that buying a new car this month could knock £36,000 off any mortgage offer they can get from a high street bank or building society.
Read MoreTwo out of five first-time buyers struggle to understand their mortgage options
A total of 41% of five first-time buyers struggle to understand the mortgage options available to them, new research suggests.
The findings by Moneybox were based on a survey of 500 first-time buyers who have bought a property in the past two years.
Read MoreBarclays and TSB latest major lenders to cut mortgage rates – including 5% deposit deals
Mortgage rate cuts are being announced on an almost daily basis as lenders continue to reprice their home loan deals.
Barclays and TSB are the latest banks to announce mortgage rate cuts. TSB says its deals will reduce by up to 0.4 percentage points from tomorrow.
Read MoreBill banning no-fault evictions to return to Parliament
The government is set to introduce a bill in the Commons next week which will ban landlords from evicting tenants without a reason. (no-fault evictions)
Ministers are expected to bring the Renters’ Rights Bill for its first reading.
Read MoreLandlords Are Getting Younger – don’t let tax changes deter them
Our data reveals a striking trend: landlords buying property are getting younger.
The average age of landlords purchasing with a buy-to-let mortgage has plummeted from 46.4 in 2014 to 42.9 last year.
Our analysis of industry data shows that property is still attractive to younger investors. Landlords in their 30s have surged from 21% of mortgaged purchases to 31% in a decade, while those aged 18-29 now account for 10% of purchases.
Read MoreMortgage mistakes to avoid for first-time buyers and wealthy individuals
Navigating the mortgage market can be daunting — we spoke to a finance expert to get some advice that could make all the difference.
In an interview with Yahoo Finance Future Focus, Islay Robinson, CEO of Enness Global finance brokers, offered guidance for those seeking a mortgage.
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