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EPC firm closure sees 100 laid off

100 people have been made redundant after energy-assessors.com was forced to close its doors last week. Connells Group and LSL Property Services withdrew funding for the company in light of the government’s U-turn on Home Information Packs.

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BoS launches five B2L deals

Bank of Scotland has launched five buy-to-let products with rental income calculations based on 100% of the initial product pay rate. The range includes a two-year tracker at base rate plus 0.21% and a two-year fix at 5.99%, both with LTVs of 85%.

Dring’s efforts at spin would be welcomed in Whitehall

I had to chuckle at Alan Dring’s article headlined ‘Muddled thinking on HIPs must end’ (Mortgage Strategy June 4). Talk about spin. Is he auditioning for a place in Gordon Brown’s government? The line that prompted my laughter was, “The government has not postponed the launch of HIPs, it has delayed it until August 1”. […]

Coast to Coast teams up with Xit2

Xit2s valuation exchange has been chosen by Coast to Coast Properties to manage its valuation instructions. David Rae, director of Coast to Coast, says: Our primary concern is to complete the sale of properties as quickly as possible for our clients. “Xit2s valuation exchange will be an enormous help in achieving that goal and will […]

Demand outstrips supply in rented sector, says ARLA

Demand for rental properties seriously outstripped supply during the three months to the end of May, research from the Association of Residential Letting Agents reveals.The trade body also found rents rose for the fourth quarter running for each type of property, including detached, semi-detached and terraced houses and flats. As a result of increased demand, […]

Top seaside property hotspots revealed

Like to let beside the seaside? The latest research from LendInvest looks specifically at coastal towns to find which areas offer the top average rental yields to landlords. Where are the top seaside postcodes for landlords? The interactive map below looks at the highest rental yields along the UK coast. According to the data, Hull, […]

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