45 Minutes with Mark Alexander on The HMO Podcast

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The founder of Property118, Mark Alexander, recently appeared on The HMO Podcast to share his 36 years of experience in property, finance tax and law.

The podcast is entitled: ‘Building A 7-Figure Property Business, Tax Planning, And The Future Of The PRS’.

View Full Article: 45 Minutes with Mark Alexander on The HMO Podcast

Why the Renters’ Reform Coalition is bad for landlords AND tenants

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The Renters’ Reform Coalition (RRC) is a group of organisations that claim to fight for tenants’ rights, but in reality, they are harming both landlords and tenants in the private rented sector (PRS). They are pushing for radical changes that would make renting more expensive

View Full Article: Why the Renters’ Reform Coalition is bad for landlords AND tenants

Landlords are ‘being pushed out of’ the PRS

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The Government’s inaction and the rising interest rates are driving landlords out of the rental market, according to a new report.

The study by Yorkshire Building Society (YBS) revealed that more than half of landlords feel they are being ‘squeezed out’

View Full Article: Landlords are ‘being pushed out of’ the PRS

Edinburgh declares housing emergency amid PRS crisis

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Edinburgh has become the first city council in Scotland to declare a housing emergency, as it faces a ‘crisis’ in both the public and private renting sectors.

The declaration was made after a motion by the council’s housing convener

View Full Article: Edinburgh declares housing emergency amid PRS crisis

Bank of England holds firm at 5.25%

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The Bank of England’s Monetary Policy Committee (MPC) voted 6 to 3 to maintain the Bank Base Rate at 5.25%. Despite the Fed freezing the US rate yesterday, three MPC members still voted to increase the Base Rate by 0.25%.

View Full Article: Bank of England holds firm at 5.25%

BoE leaves interest rate unchanged – property sector reacts

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UK interest rates have been left unchanged at 5.25% by the Bank of England in a move economists had expected.

The Bank had previously raised rates 14 times in a row to tame inflation, leading to increases in mortgage payments but also higher savings rates.

View Full Article: BoE leaves interest rate unchanged – property sector reacts

London’s rough sleeping crisis hits record high, councils warn

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London is facing a rough sleeping crisis as new data shows that the number of people sleeping on the streets has reached a record high.

According to the latest figures from the Combined Homelessness and Information Network (CHAIN)

View Full Article: London’s rough sleeping crisis hits record high, councils warn

Stress costs taxes: Is it time to sell up?

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Many landlords are thinking about selling up due to additional stress, costs and additional taxes that landlords now face.

However, it’s not all doom and gloom.

Anyone taking a long-term view on property investing will understand all the benefits and do very well

View Full Article: Stress costs taxes: Is it time to sell up?

NRLA urges cooperation between landlords and tenant groups on rental reform

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The National Residential Landlords Association (NRLA) has appealed to the Renters’ Reform Coalition, a group of organisations that push for tenants’ rights, to work together on improving the private rented sector (PRS).

The NRLA has sent an open letter to the coalition’s leading members

View Full Article: NRLA urges cooperation between landlords and tenant groups on rental reform