regulation
Leeds Building Society announces changes for buy to let products from January 2017
Leeds Building Society is introducing changes to its buy to let mortgages for landlords to fall in place with tougher lending conditions that come into play in January 2017. The lender will be making changes to underwriting standards in light of the changes made by the Prudential Regulation Authority (PRA) with effect from the first […] The post Leeds Building Society announces changes for buy to let products from January 2017 appeared first on PropertyWire . Continue reading →
Landlords adapting to change in UK but rents will rise as a result
Private rented sector landlords in the UK are adapting to changes brought on by the Government but rents are set to rise as a result, a new analysis report suggests. Buy to let landlords have seen changes to stamp duty which means now paying an extra 3%, have to carry out immigration checks on new […] The post Landlords adapting to change in UK but rents will rise as a result appeared first on PropertyWire . Continue reading →
New criminal offences for UK landlords over right to rent immigration checks
Controversial Right to Rent legislation in the UK has been upgraded from today with the introduction of tougher penalties for landlords and letting agents, including prison, if they fail to carry out immigration checks. The Right to Rent rules were introduced in February this year requiring all landlords or their letting agents to make immigration […] The post New criminal offences for UK landlords over right to rent immigration checks appeared first on PropertyWire . Continue reading →