The “A Fairer Private Rented Sector” white paper outlines the government’s plans to outlaw section 21 and “replace section 21 ‘no fault’ eviction notices with a modern tenancy system”. This includes strengthening grounds for section 8. WHAT IS SECTION 21? Landlords can currently evict their tenants under section 21 of…
Another lender has confirmed to us that they will be raising interest rates on some of their products, while others are removing some financial products – What does this mean for your clients? If your clients are looking for finance, there are plenty of reputable lenders that we work with…
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The governor of the Bank of England, Andrew Bailey, has said he expects interest rates to fall, albeit gradually, which will be welcome news for thousands of mortgage borrowers. Bailey said he was “very encouraged” by falling inflation and “therefore I do think the path for interest rates will be…
Barclays will today launch a range of new mortgage products, including a new lowest home loan rate on the market, just 24 hours after Nationwide released the first sub-3.75% deal. Barclays will today introduce a five-year fix at 3.71% for those buying their home with a 40% deposit. The deal…
A new property portal called NI Bricks has launched in Northern Ireland. To commemorate the launch, estate agents are being invited to join NI Bricks’ platform with the opportunity to list properties for free for up to three months. Founded in November last year and launched this week, NI Bricks…
