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English housing agency proposed

The government has unveiled proposals for an agency to cover regeneration and housing in a big shake-up of the way it supports the delivery of new homes in England.

The proposed agency – Communities England – will bring together the functions of English Partnerships, the Housing Corporation and some work done by the Department for Communities and Local Government.

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RBS rings the NatWest changes

The Royal Bank of Scotland has made changes to its NatWest range of fixed rate, tracker and variable buy-to-let mortgages. It has increased the maximum LTV across the range to 85% from 80%. This excludes the buy-to-let two-year tracker, which has a maximum LTV of 70%.

Blunkett says estates should be bulldozed

Former home secretary David Blunkett has called for some problem housing estates to be bulldozed. In an ITV interview with Conservation MP Ann Widdecombe last week, Blunkett admitted that anti-social measures in some areas have not worked. Blunkett says: “Some estates are beyond repair and we need to simply say we can’t carry on with […]

Landlords well placed to handle increased cost of borrowing

Landlords will continue to be able to handle their mortgages and have enough headroom to offset further interest rates, new research reveals.The research by Paragon Mortgages indicates that landlords gearing of their investments means they are well placed to deal with the rising cost of borrowing.It shows that on average landlords borrowing are equivalent to […]

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