Why The Bank Of England Wants To Control Buy To Let

Why The Bank Of England Wants To Control Buy To Let

Bank of England governor Mark Carney wants buy to let mortgage rent cover ratios to ensure landlords are safeguarded from financial risk when interest rates rise. In his latest Financial Stability Report, Carney outlines his worries about landlord borrowing and...
Buy To Let Rents Surge By 12 Percent In A Year

Buy To Let Rents Surge By 12 Percent In A Year

Average rents paid by new tenants across the UK were 11.8% higher in the three months to July compared to a year earlier. Rent growth in the quarter was also higher than the 8.2% recorded in 2014 and 3.7% in 2013, according to data from specialist landlord buy to let...
Hugely Rising Service Charge Found To Be Lawful

Hugely Rising Service Charge Found To Be Lawful

Signing an agreement for service charges and ground rent that increases by a fixed amount each year was a gamble for tenants of chalets at a holiday park that has left them with huge bills, according to judges at the Supreme Court. Tenants at Oxwich Leisure Park on...

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