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Illegal Trading by Rogue Agency Continues Despite Ombudsman Expulsion
Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Illegal Trading by Rogue Agency Continues Despite Ombudsman Expulsion

The illegal trading of goods and services by rogue agencies has been a problem for many years, and despite the efforts of the Ombudsman to expel such agencies, it continues to be a major issue. Rogue agencies are those that operate outside of the law, often engaging in fraudulent activities such as money laundering, tax evasion, and other illegal activities. These agencies are often difficult to track down and prosecute due to their clandestine nature. The Ombudsman is an independent body that is responsible for investigating and prosecuting cases of illegal trading. It is tasked with ensuring that all businesses are operating within the law, and that any illegal activities are brought to justice. The Ombudsman has the power to expel rogue agencies from the market, but this does not always...
Company fined £10k by The Property Ombudsman for breaching landlord regulations, yet continues to operate
Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Company fined £10k by The Property Ombudsman for breaching landlord regulations, yet continues to operate

Trading Standards have been informed that the company may now be trading illegally Recently, a company was fined £10,000 by The Property Ombudsman (TPO) for breaching landlord regulations. Despite the hefty penalty, the company continues to operate. This raises questions about the effectiveness of TPO's regulations and how they are enforced. The Property Ombudsman is an independent body that provides a dispute resolution service for landlords and tenants in the UK. They have a set of regulations which all landlords must abide by, and failure to do so can result in a fine. In this case, the company in question was found to have breached the regulations and was fined £10,000. The fact that the company is still operating despite the fine raises questions about the effectiveness of TPO's regul...
Inventory Clerk Supervisor Expresses Concern Over Low Number of New Landlords
Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Inventory Clerk Supervisor Expresses Concern Over Low Number of New Landlords

The role of an inventory clerk supervisor is to manage the inventory of a business, ensuring that all items are accounted for and in good condition. Recently, however, many inventory clerk supervisors have expressed concern over the low number of new landlords entering the market. This lack of new landlords could have serious implications for businesses, as it could lead to a shortage of rental properties available to tenants. The primary reason for the low number of new landlords is the high cost of entry into the market. The cost of purchasing a property, making necessary repairs, and paying for insurance and taxes can be prohibitively expensive for many potential landlords. In addition, the current economic climate has made it difficult for many people to obtain financing for a property...
Scottish Government Seeks Public Input on Energy Performance Certificate Reform
Home Mortgage, home owners, London, Mortgage Broker, Scotland

Scottish Government Seeks Public Input on Energy Performance Certificate Reform

s The Scottish Government is seeking public input on proposed reforms to the Energy Performance Certificate (EPC) system. The EPC system is used to assess the energy efficiency of buildings and provide recommendations for improvement. The proposed reforms aim to make the system more effective and efficient, while also providing better information to consumers. The Scottish Government is proposing a number of changes to the EPC system, including: introducing a new rating system, making the certificates easier to understand, and introducing more detailed information about energy efficiency measures. The proposed reforms also include the introduction of a new online platform for consumers to access and compare energy efficiency ratings for different buildings. The Scottish Government is invit...
Halifax Reduces Residential Mortgage Interest Rates by up to 71 Basis Points
Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Halifax Reduces Residential Mortgage Interest Rates by up to 71 Basis Points

Halifax, one of the UK’s leading banks, recently announced a reduction in residential mortgage interest rates by up to 71 basis points. This move is expected to provide a much-needed boost to the housing market, as well as helping to reduce the cost of borrowing for thousands of homeowners. The reduction in interest rates is part of a wider package of measures designed to help stimulate the housing market and make it easier for people to purchase their own home. The reduction is expected to save homeowners up to £1,000 a year on their mortgage payments. This is a significant saving for those who are already struggling with their finances and could make the difference between being able to keep up with their mortgage payments or not. The reduction in interest rates is also expected to have ...
Guarantor Firm Predicts Student Landlords Will Face Turmoil for Several Years
Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Guarantor Firm Predicts Student Landlords Will Face Turmoil for Several Years

As the student rental market continues to grow, so too does the need for landlords to take on guarantors. A guarantor is a person who agrees to be legally responsible for the rent if a tenant fails to pay. Recently, a leading guarantor firm has predicted that student landlords will face turmoil for several years to come. The firm, which works with landlords and tenants to provide guarantors, has warned that the market is becoming increasingly competitive and that landlords are struggling to keep up with the demand. The firm believes that this is due to a number of factors, including rising tuition fees, increasing student numbers, and the fact that many students are now living in shared accommodation. The firm also believes that landlords are facing increasing levels of risk when it comes ...
Aldermore Launches Limited Edition Buy-to-Let Mortgage Range
Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Aldermore Launches Limited Edition Buy-to-Let Mortgage Range

Aldermore, one of the UK’s leading specialist lenders, has recently launched a new range of limited edition buy-to-let mortgages. The range is designed to help landlords and investors take advantage of the current market conditions and secure a competitive rate on their buy-to-let investments. The range includes a two-year fixed rate mortgage at 1.99%, a three-year fixed rate mortgage at 2.49%, and a five-year fixed rate mortgage at 3.19%. All of these mortgages come with a free valuation and no arrangement fees. Aldermore also offers a range of other products, including buy-to-let remortgages, bridging loans, and commercial mortgages. The launch of the limited edition buy-to-let mortgage range is part of Aldermore’s commitment to helping landlords and investors make the most of their inve...
Major Lenders Reduce Mortgage Rates
Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Major Lenders Reduce Mortgage Rates

In recent weeks, major lenders have been reducing mortgage rates in response to the current economic climate. This is good news for potential homebuyers, as it means they could be able to secure a lower interest rate on their mortgage. The Federal Reserve has been reducing the federal funds rate, which is the rate at which banks lend to each other. This has had a ripple effect on mortgage rates, as lenders have been reducing their own rates in response. This has resulted in some of the lowest mortgage rates in recent history. For potential homebuyers, this could mean significant savings over the life of their mortgage. Lower mortgage rates mean lower monthly payments, which could make it easier to afford a home. It could also mean that buyers can qualify for a larger loan amount, allowing ...
Alto Agents Receive Zoopla Marketplace Product Offering
Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Alto Agents Receive Zoopla Marketplace Product Offering

Alto Agents, a leading real estate agency, recently announced that they have received a Zoopla Marketplace product offering. This new product offering will provide Alto Agents with access to Zoopla’s extensive range of property listings, as well as its powerful search and marketing tools. The Zoopla Marketplace is a platform that allows agents to list their properties on Zoopla’s website and mobile apps. It provides agents with the ability to reach a larger audience and promote their properties to potential buyers. With the Zoopla Marketplace, agents can create customised listings, manage their properties, and track their performance. Alto Agents will benefit from the Zoopla Marketplace in several ways. Firstly, they will be able to list their properties on one of the UK’s leading property...
Mortgage Lender Exits Buy-to-Let Market
Home Mortgage, Mortgage Broker, Mortgage Lenders, NEWS ARCHIVES, private rented sector

Mortgage Lender Exits Buy-to-Let Market

The recent news of a major mortgage lender exiting the buy-to-let market has sent shockwaves through the property industry. This lender, who had been a major player in the buy-to-let market for many years, has decided to focus on other areas of their business. This decision has left many landlords and potential buyers wondering what this means for the future of the buy-to-let market.The decision to exit the buy-to-let market is a significant one, as it could have a major impact on the availability of mortgages for landlords. With one less lender in the market, there is likely to be less competition and fewer options available to landlords. This could lead to higher interest rates and stricter criteria for those looking to purchase a buy-to-let property.The decision to exit the buy-to-let m...