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Mortgage UK: Boris Johnson's plans are ‘clearly not sustainable’ - alternatives explored

MORTGAGE products are set to to be upended as Boris Johnson unveiled plans to launch five percent deposit offerings. The Prime Minister announced he intends to get new buyers onto the property ladder but some have criticised the feasibility of his plans. Mortgage dea...

Read    13/10/2020

Will PM’s plans for 95% first-time buyer mortgages solve the housing crisis?

Prime minster Boris Johnson’s plans to turn ‘generation rent’ into ‘generation buy’ using long-term fixed rate mortgages with only 5% deposits have been met with scepticism from experts. The proposals, which Johnson announced yesterday at the virtual Conservative Par...

Read    26/10/2020

PropTech link up means more virtual tour options for agents

The partnership with The 360 View allows agents to create so-called ‘immersive’ virtual tours that they can attach to the property listing through the PlanetRent platform. Renters who use PlanetRent will be able to access a four-minute virtual tour of their chosen pr...

Read    26/10/2020

Less than half of private renters feel safe at home Shelter finds

Less than half of London’s private renters believe their home has made them feel safe during the pandemic, a report by housing and homelessness charity Shelter has found. The report, which took data from independent analytics firm YouGov, found that only 48% of Londo...

Read    26/10/2020

Property management chief backs Shelter over poor quality homes

A prominent rental industry figure has backed Shelter’s sweeping condemnation of the lettings sector - but insists landlords are not to blame. Mary-Anne Bowring, group managing director at Ringley - a property management and PropTech business - says Shelter’s latest ...

Read    13/10/2020

Shelter: Renters felt unsafe during lockdown

Over half (51%) of private renters in England say their home has made them feel safe during the pandemic, Shelter research has found. A third (35%) live in poor conditions, with electrical hazards, pests or damp-related issues in their home. Meanwhile 43% reckon they...

Read    13/10/2020

PM’s 95% mortgage proposals ‘promising’ but is it too little, too late?

The reforms, which the Conservatives first mooted in their election manifesto last year, are aimed at fixing the broken housing system and helping more young people on to the property ladder. Speaking at the virtual Conservative Party Conference yesterday Johnson sai...

Read    13/10/2020

Ringley: UK has failed to build enough new homes for decades

Research by homeless charity Shelter, which found that only 51% of private renters have been made to feel safe by their home during the pandemic, while 35% live in poor conditions, is evidence of the failure to build enough new homes, according to Ringley. Mary-Anne ...

Read    13/10/2020

A third of private rented homes are sub-standard, claims Shelter

A third of tenants in England live in homes which are poorly maintained, low quality and too expensive for the quality of life they offer, housing charity Shelter has claimed. It paid YouGov to ask just over 5,000 tenants about their private rented homes and found th...

Read    13/10/2020

Half of renters felt insecure in homes during pandemic

Only half of private renters in England say that their home has made them feel safe during the pandemic, Shelter has claimed as it calls for the government to invest £12bn in social housing. The charity’s Building Our Way Out report argues that the lack of social hou...

Read    13/10/2020

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