Are landlords missing a trick that could cost them 30% of the value of their properties?

admin    Uncategorized     agents

It’s a mixed bag for landlords at the moment, with uncertainties around EPC regulations and the stress of mortgage repayments. For accidental landlords, or older landlords who’ve been hit badly by the rise in interest rates, there’s a rush to cut their losses and sell.

View Full Article: Are landlords missing a trick that could cost them 30% of the value of their properties?

UK rents reach the highest level on record – ONS

admin    Uncategorized     agents

Renting costs in the UK continue to grow with average rents jumping by 9.2% in the year to March – the steepest annual rise since data collection began in 2015.

The figures from the Office for National Statistics (ONS) follow previous rent rises

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Section 21 with no lease – Help!

admin    Uncategorized     agents

Hi, I bought my first buy to let house in 2012 with a tenant in situ, and being naive and inexperienced, I never thought to issue a lease as my solicitor at the time arranged with the selling agent to have the rent payments paid directly into my bank account.

View Full Article: Section 21 with no lease – Help!

Welsh Government considers abolishing LTT Multiple Dwellings Relief

admin    Uncategorized     agents

Landlords in Wales need to know about a Welsh Government consultation for the public to give its views on changes to the Land Transaction Tax (LTT).

The consultation focuses on two main proposals: abolishing relief for purchases of multiple dwellings and extending existing relief to local authorities when buying property for social housing.

View Full Article: Welsh Government considers abolishing LTT Multiple Dwellings Relief