11% of all homes let by overseas landlords

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The proportion of homes in Great Britain let by overseas based landlords rose to 11% during the first 10 months of 2019, up from 7% (a record low) during the same period last year. This is the first year-on-year increase since our records began in 2010 when 14% of homes were let by non-UK based landlords.

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Buy to Let is still stable

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Paragon’s latest Financial Adviser Confidence Tracking (FACT) Index , based on interviews with 201 mortgage intermediaries, has revealed:

– Buy-to-let increases from 15% to 17% of business in Q3 2019

– Intermediaries expect buy-to-let mortgage business to increase by 1% in the next 12 months

–

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Wales fees ban: Welsh Government publishes default fees consultation responses

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The Welsh Government confirmed that it intends to bring forward regulations to provide clarity on what landlords will be able to charge in respect of default payments, as part of the Wales fees ban, in the New Year. The tenant fees ban in Wales was introduced on 1st September 2019. Unlike the Tenant Fees Act,introduced in […]

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A day in court with Shelter and council’s impartiality part 2

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I finally got a reply! Here is my original article “A day in court with Shelter and the council’s impartiality?” We got an email about another property of ours:

Hi Xxxx

I am emailing with regards to the above letter that was sent to Xxxxxx on 14th October 2019.

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Bare Trust as IHT mitigation tool?

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I wonder if anyone could comment on this case.

Two sisters own an unencumbered (mortgage free) leasehold flat with share of the freehold on the residue of a 999-year lease, value approximately £1.2-1.5 million, in London as tenants in common.

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