Labour wants to ban tenant bidding wars – landlord explains why that won’t work
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The Labour Party says it wants the UK to outlaw tenant bidding wars for rented homes, adopting a New Zealand policy, the Party’s Shadow Housing Minister, Matthew Pennycook, says.
Several Australian states have also apparently followed suit and Labour says the practice ‘creates a competition among tenants’
View Full Article: Labour wants to ban tenant bidding wars – landlord explains why that won’t work
Freehold to leasehold flat – should I abandon the sale?
Hi everyone, I had an offer accepted on a top floor flat which shares the building (built late 1800s) with two other flats. Each flat has its own freehold and each owner wants to convert the freeholds to leaseholds ASAP.
View Full Article: Freehold to leasehold flat – should I abandon the sale?
Landlords increase rent to cope with higher mortgage costs
The majority of buy to let landlords in the UK have increased rent in the past year, mainly to cover higher mortgage costs, a new survey reveals.
The findings from Landbay, which polled 1,000 landlords, revealed that 76% of them have raised rent over the past 12 months
View Full Article: Landlords increase rent to cope with higher mortgage costs
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