News

Foundation Home Loans has made a significant move in the mortgage market, unveiling competitive Buy to Let Specials that are set to launch on 12th November2024. This new selection features tailored options across two distinct tiers—F1 and F2—allowing borrowers to find suitable products based on their credit history and property types. The F1 tier caters to individuals with near-perfect credit...

In recent weeks, a peculiar set of wobbly double yellow lines has surfaced on Howard Road in Southampton, close to a residence that operates as a House in Multiple Occupation (HMO). This unusual development has left many local residents questioning their legitimacy, given that these markings appear to arbitrarily extend the existing official double yellow lines in the vicinity. Residents, expressing their...

In an ambitious move to reshape housing prospects in Stretford, Aamer Shah has submitted a planning application to Trafford Council that seeks to convert a modest two-bedroom semi-detached residence on Barton Road into a substantial ten-bedroom house of multiple occupation (HMO). The proposal is not merely about increasing the number of tenants; it reflects a strategic response to growing housing needs in...

In a decisive move aimed at preserving community integrity, Belfast City Council has officially turned down an application for a house in multiple occupation (HMO) at 10 Sandymount Street, located in the Stranmillis area. This decision was made during the November meeting of the Licensing Committee and reflects serious concerns about housing overprovision in the region, with the current number of HMOs in...

In November 2024, the proposal by UV Care Group to transform Kent House in Broadstairs into a 21-room house of multiple occupancy (HMO) has sparked considerable local opposition, driven mainly by residents' concerns about traffic congestion and safety. The developers have drawn fire from the community, with 39 formal objections submitted, highlighting fears that the conversion will worsen already limited...

In a notable development for housing in Merthyr Tydfil, plans to convert a four-bedroom dwelling into a six-bedroom house in multiple occupation (HMO) on Overton Street, Dowlais, have secured approval on appeal. This decision comes after the local planning committee initially rejected the application in May, highlighting concerns related to community character, resident supervision, and potential increases...

Westminster City Council is actively seeking public feedback on a new selective licensing scheme aimed at improving safety standards within the borough's extensive private rental sector. This initiative is a response to the increasing challenges posed by the national housing crisis, where private renting remains a crucial housing option for many residents. As Westminster houses the largest private rented...

The City of Edinburgh Council has recently announced a decisive move to address the pressing issue of homelessness by relocating hundreds of residents currently living in unlicensed temporary accommodations. This decision is part of a strategic response to significant legal and compliance challenges posed by the use of unlicensed hotels and bed-and-breakfast establishments, which don't meet the standards...

In a significant move for the buy-to-let market, Foundation Home Loans has launched a fresh array of Buy to Let Specials as of November 12,2024. This updated lineup features competitive rates specifically designed to cater to the diverse needs of landlords across the UK. With two distinct tiers—F1 and F2—the offerings not only provide attractive rates but also address various credit situations and...

The UK real estate market is on the cusp of significant changes in 2024, driven primarily by anticipated interest rate cuts and a decrease in inflation, all of which serve to enhance market conditions for both commercial and residential properties. As the economy stabilizes, real estate investors are poised to benefit from the emerging opportunities in debt financing, further spurring activity in the...