Browsing all articles from October, 2023
Oct
31

What Next For Interest rates?

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Ranjan is back with another video talking all about interest rates.
With the Bank of England decision on interest rates expected this week, Ranjan shares his predictions for what lies ahead for interest rates and highlights the opportunities and threats for property investors.
View Full Article: What Next For Interest rates?

Oct
31

Reshaping Property Management Through Technology

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Property management, whether you’re overseeing a handful of properties or a more extensive portfolio, can often present complex and demanding challenges. Balancing tenant communication, maintenance, rent collection, and cash flow tracking can quickly become overwhelming.

Thankfully, property management technology is evolving to make this task more manageable.

View Full Article: Reshaping Property Management Through Technology

Oct
31

Why a tenant’s furry and feathered friends can rejoice over a forgotten law

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With the Renters (Reform) Bill passing its second reading, one important detail many landlords and tenants will want to know is about tenants keeping pets in their rented home.

However, a largely forgotten act already exists that allows tenants to keep a pet rabbit or chicken.

View Full Article: Why a tenant’s furry and feathered friends can rejoice over a forgotten law

Oct
31

Council tax reform for HMOs: good news for some, bad news for others

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While the Government has announced a new policy to simplify the council tax system for houses of multiple occupation (HMOs), not all types of HMOs will benefit from the change, and many tenants and landlords will still face higher bills

View Full Article: Council tax reform for HMOs: good news for some, bad news for others

Oct
30

Government to end council tax on HMO shared rooms

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Renters in shared housing could save up to £1,000 a year thanks to a campaign by the National Residential Landlords Association (NRLA).

The Government has announced it will reform the way council tax is applied to houses of multiple occupation (HMOs).

View Full Article: Government to end council tax on HMO shared rooms

Oct
30

TMW slashes buy to let rates for new and existing customers

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The Mortgage Works (TMW) has announced a series of rate reductions across its buy to let products, effective from last Saturday (28 October).

The lender is offering some of the most competitive deals in the sector, with rates starting from 4.49%.

View Full Article: TMW slashes buy to let rates for new and existing customers

Oct
29

House Prices Are Cheaper in 2023 Than They Were in 2007 (in REAL TERMS)

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According to HM Land Registry, the average sold house price at the peak in September 2007 was £190,032. However, as of August 2023 that figute is £291,044.

But surely that’s a gain of £101,032 I hear you say!

View Full Article: House Prices Are Cheaper in 2023 Than They Were in 2007 (in REAL TERMS)

Oct
27

Ombudsman slammed for council’s £66k fine when PRS landlords would have been fined £2 MILLION

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The Housing Ombudsman has been slammed by a legal expert after it handed out a fine of £66,441 for poor housing – an average of £2,000 per case – when a landlord in the private rented sector would have been fined more than £2 MILLION for the same offences.

View Full Article: Ombudsman slammed for council’s £66k fine when PRS landlords would have been fined £2 MILLION

Oct
27

HMOs offer higher rental yields than other properties, research shows

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Investing in houses in multiple occupation (HMOs) can be more profitable than non-HMO’s with landlords enjoying nearly DOUBLE the average yield, research reveals.

Octane Capital, a specialist property lending company, analysed the cost and return of converting a four-bedroom property into an HMO across England.

View Full Article: HMOs offer higher rental yields than other properties, research shows

Oct
26

Michael Gove praises landlords and rejects rent controls

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Michael Gove, the Housing Secretary, has expressed his opposition to rent controls at the National Residential Landlords Association’s (NRLA) national conference.

The event was held on the day after MPs debated the Renters (Reform) Bill

View Full Article: Michael Gove praises landlords and rejects rent controls

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