Would you move in with your partner just to save costs?

Moving in with a loved one is major decision. Spending more time with your partner in a home of your own is an exciting prospect, but this has to be weighed up against what they’re actually like as a living companion. While many people take the plunge after taking a significant amount of time to get to know each other, sometimes other factors such as money can influence the arrangement. As the cost of living increases, it’s no secret that rent magically becomes…

4,258 estate agents have gone bust since 2010

New data released by property management firm DJ Alexander Ltd, has analysed official data and found that an average of nine estate agents a week have gone bust since 2010. There were 3,903 estate agency failures in England and Wales and 355 in Scotland over this period and the trend continues as the sector suffers from the same bricks and mortar issues that other High Street stalwarts such as casual dining, and retailers have been experiencing. With this equating to nine estate agents…

TDS announce appointment of first independent complaints reviewer

Tenancy Deposit Scheme (TDS), the private rented sector’s longest establish deposit protection scheme, has appointed Margaret Doyle as its new external Independent Complaints Reviewer, the first in its industry to do so. The role of the Reviewer will be to look at the way TDS has investigated complaints about its service in order to ensure that the process has been fair and transparent, and that the issues raised have been properly considered. One of three government-backed tenancy deposit protection schemes, TDS has become…

Scotland’s rental hotspots revealed | Property Reporter

The latest data and analysis from Your Move has revealed that, amongst other things, average rent in the nation was £574 per calendar month (seasonally adjusted) in November 2018. On a non-seasonally adjusted basis the average rent was £584. According to the data, the Highlands and Islands region has long led the Scottish rental market, but was toppled this month by the Glasgow and Clyde area. Prices in the city and surrounding areas increased by 14.1% in the year to November 2018. A typical…

Mortgage brokers remain optimistic despite ongoing political circus

The seemingly never-ending political headache surrounding Brexit affects virtually every aspect of life in the UK at the moment. Yet, despite commercial mortgage brokers citing Brexit as one of the biggest issues likely to impact their clients in 2019, respondents remained upbeat about the year ahead, according to Shawbrook Bank’s Broker Barometer. With a buoyant outlook, almost seven in ten (69%) stated that they feel confident about the lending environment in the New Year. The analysis also revealed that 56% of brokers stated…

LendInvest to push BTL products to wider audience via Mortgage Brain

Specialist property finance lender, LendInvest, has announced a new partnership with mortgage technology expert, Mortgage Brain. The move aims to bring LendInvest BTL products to a wider audience of intermediaries as it seeks to continue to expand its distribution panel. Mortgage Brain’s first and second charge online and desktop sourcing systems – MortgageBrain Anywhere and MortgageBrain Classic – enable brokers to source and access the best deals for their clients from the whole of the market. It’s market leading software systems streamlines the…