UK property transactions drop by a third over the past three months

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Reapit research has found that UK property transactions have plummeted by a third in the past three months as Brexit uncertainty weighs on the market.

Reapit, the leading software platform for estate agents, compared its most recent three months of sales data with the five-year average for the same November-January period in order to gauge the impact of uncertainty on the property market across its measurable metrics.

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Cash Incentives, Rent Guarantee and 48 hour let times?

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Lettingsupermarket.com are always looking to improve their service and have been listening to landlords feedback of exactly what you want to let your property.

We are pleased to be continuing our work with Local Authorities and a National relocation company

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Lack of Justice in Housing – Legal Blackmail

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Letter to Gareth Johnson Member of Parliament for Dartford:

Lastly, there is the position of ‘Legal Blackmail’ – again, usually perpetrated by Conditional Fee Arrangement (No-win, no-fee) Solicitors.

The ‘trap’ will be a landlord who hasn’t protected a tenant’s deposit within 30 days

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Would a multiyear Incorporation avoid CGT?

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The problem I am trying to solve is exit of BTL Property minimising Capital Gain Tax.

Mr James owns in his individual name a BTL property worth £250,000 and purchased at £150,000 so if the property is sold the Capital Gain is £100,000 and the Capital Gain Tax is £28,000 for a high tax payer.

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Skipton International UK BTL mortgages now available to foreign nationals

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Skipton International can now consider Buy to Let  mortgage applications from non-UK nationals resident overseas. Previously the offshore lender only offered UK buy-to-let mortgages to British expatriates.

This news follows the decision to considerably expand Skipton International’s investment property lending criteria over the last year to now include Scottish property and can offer lending on studio apartments with a purchase price of £250,000 or higher.

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Leasehold Solutions calls Housing Minister’s select committee evidence a disgrace

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Leasehold Solutions has labelled evidence by Housing Minister Heather Wheeler MP as ‘factually incorrect’ and a ‘disgrace’. Wheeler was questioned by members of the Housing, Communities and Local Government select committee at the final session of its inquiry into leasehold reform.

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Lack of Justice in Housing – Fitness for Human Habitation Act

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Letter to Gareth Johnson Member of Parliament for Dartford:

I refer to the recently enacted Fitness for Human Habitation Act. Raised in parliament by vociferous tenant campaigner, MP Karen Buck, the title of the bill as it initially was

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Renting more affordable relative to incomes as landlords hold of increases

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The proportion of income spent on rent in the private rented sector has fallen from 35.4% in 2010/11 to 32.9% in 2017/18.

Including income from housing benefit, over the same period the amount of income used for rent by social tenants increased from 26.7% to 28%.

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Leasehold/Commonhold campaign?

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Apart from the Government’s tax and regulation onslaught against Landlords, they are also affecting many Landlords main assets, i.e. their Leasehold property!

This feudal practice was supposed to be fazed out and replaced by Commonhold. However, successive Governments have chosen to ignore it!

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Nottingham off-plan development for early-bird investors

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We are delighted to bring Property118 readers this early-bird, off plan investment opportunity, ideally positioned close to the city centre of Nottingham. The Sherwood Square development is made up of luxury one and two-bed apartments and we have managed to secure our clients the best units for the fantastic price of £104,995, 

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