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What landlords spend on emergency callouts every year

What landlords spend on emergency callouts every year

Landlords are spending billions on emergency callouts to assist with property issues every year, research from Direct Line – Business has found. Between 2019 and 2020 they spent an average cost of £765 per callout, or £2,141 for every landlord in the UK. Jamie...

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Tradespeople have adapted due to Covid-19

Tradespeople have adapted due to Covid-19

Most (90%) tradespeople have introduced new services due to covid-19, Yell Business research shows. Some (41%) started taking online bookings, while 40% began doing online video consultations. Meanwhile 36% started home delivery services, 22% online video tutorials,...

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October housing demand still very high

October housing demand still very high

The average number of prospective buyers registered per estate agent branch reached 451 in October, the highest number ever recorded for that month, NAEA Propertymark’s October Housing Report found. In October last year there were 341 house hunters on average per...

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Tenants give up on homeownership as they get older

Tenants give up on homeownership as they get older

Tenants’ desire to own a property and save for a deposit falls from the age of 35, research from Paragon Bank has revealed. Some 72% of those in rented accommodation would like to own a property in the future. Those in the 25-34 age category have the greatest desire...

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Skipton International’s mortgage pipeline surges

Skipton International’s mortgage pipeline surges

Skipton International, the Guernsey bank specialising in UK buy-to-let mortgages for overseas residents, has seen its UK mortgage pipeline double. Since July, following Chancellor Rishi Sunak’s announcement of a stamp duty holiday on UK property, there has been a rush...

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West One launches limited edition buy-to-let products

West One launches limited edition buy-to-let products

West One has launched two 5-year fixed rate buy-to-let products at 3.39% to 65% and 3.44% to 70% LTV with a 2% fee. The limited-edition range offers a maximum loan size of £500,000 for properties worth up to £800,000. Andrew Ferguson, managing director of buy-to-let...

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Buy-to-let broker hires David Copland

Buy-to-let broker hires David Copland

Property Master, the ‘digital’ buy-to-let mortgage broker, has appointed David Copland as its new business development director. Copland spent 10 years with LSL Property Services as director of mortgage services. He joined LSL following the group’s acquisition of Pink...

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Government to provide funding for housebuilders

Government to provide funding for housebuilders

Chancellor Rishi Sunak has pledged to provide £2.2bn of funding for housebuilders. The majority of this funding will be in the form of loan finance for house builders, including those using modern methods of construction. A further £100m will fund authorities in...

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More overseas landlords are admitting tax avoidance

More overseas landlords are admitting tax avoidance

The number of overseas landlords coming forward to admit tax avoidance has risen 65% in the last five years, said the accountancy firm Moore. Some 390 overseas buy-to-let landlords admitted to HMRC they have not been paying the right amount of tax last year, up from...

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