Almost half of landlords have found it very difficult or impossible to obtain a buy-to-let mortgage, according to a survey by the Residential Landlords Association.
A group of cross-party MPs has called for a new form of statutory regulation of the private rented sector.
A new property web portal will connect agents and landlords with people claiming housing benefit and who are looking for private rental accommodation.
Nearly three-quarters (73%) of landlords say their rental properties are returned to them in an average or poor condition when the tenants move out.
Families claiming housing benefit who have been unable to afford private rents in Westminster have been shipped by the local authority up to 30 miles outside the capital.
Keystone Buy to Let Mortgages has announced a reduction of 0.30% to all its three-year discounted rates, now starting from 4.98%.
Bridging loan brokers are handling more buy-to-let business than at the start of the year as landlords expand their portfolios but increasingly find they cannot raise money – either at all, or quickly enough – from the high street.
The State Bank of India, which announced its launch into the UK residential mortgage market a year ago, is to add a five-year buy-to-let tracker loan to its range.
Long-term renting is now recognised as a perfectly acceptable alternative to buying a home – and British tenants are now thinking like continentals, an expert has said.
Just over half of private landlords are considering taking up the Green Deal initiative, it has been claimed.