Is stamp duty fair in the UK?

admin    Uncategorized     agents

Hi, the property market in the UK has had a roller coaster of prices over the last 4 decades and continues to fluctuate no matter what political party is in power.

Each successive government continued to benefit from using the property market as a way to bring some sort of confidence to the financial institutions to build stock and secure funding for the new entrant and those who used property as a source of income.

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Gateshead consults on selective licensing – while Brent urges landlords to comply

admin    Uncategorized     agents

Gateshead Council is inviting residents, landlords, letting agents and businesses to weigh in on proposals for new selective licensing schemes.

It claims to be a pioneer in selective licensing since 2007, and it now wants to extend the existing selective licensing zone.

View Full Article: Gateshead consults on selective licensing – while Brent urges landlords to comply

Long duration ASTs to combat proposed changes?

admin    Uncategorized     agents

Hi, I understand the new Labour government will quite soon look to end ASTs, as the Tories almost executed this within the defunct Renters (Reform) Bill.

If you have a reliable current tenant or a promising new one with excellent references (though unproven)

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Landlords can now sign up to Greater Manchester’s Good Landlord Charter

admin    Uncategorized     agents

Greater Manchester has announced that it aims to build 75,000 new homes during the next parliamentary term and will improve the PRS with a ‘pioneering new deal’ for landlords and tenants.

The Mayor of Greater Manchester, Andy Burnham

View Full Article: Landlords can now sign up to Greater Manchester’s Good Landlord Charter

Save Property118, Protect Landlord Rights

admin    Uncategorized     agents

Property118, a lifeline for countless landlords, is under attack. Unjustified targeting of our business model threatens to leave landlords in the cold and erodes trust in the property industry.

We need your urgent support to fight back.

Property118 and its clients have been accused of tax avoidance

View Full Article: Save Property118, Protect Landlord Rights

Foundation and CHL reveal cheaper BTL mortgage deals

admin    Uncategorized     agents

Foundation Home Loans, through its arm ‘Buy to Let by Foundation’, has announced a series of price cuts on a range of BTL mortgage products.

The move comes after the launch of a new limited-edition product in June.

View Full Article: Foundation and CHL reveal cheaper BTL mortgage deals

Landlords now facing the ‘grown-ups’: Don’t give up!

admin    Uncategorized     agents

What can landlords in the private rented sector expect from the new Labour government? Remember, the party’s fans are bandying about the term ‘the grown-ups are back in the room’ without anything to back it up. Also, remember that this government has a ‘mandate’

View Full Article: Landlords now facing the ‘grown-ups’: Don’t give up!

Cut your losses says landlord: Why this month’s mortgage rates are causing landlords to sell

admin    Uncategorized     agents

If you were looking for a sign on whether or not to downsize or expand your property portfolio, this weeks’ news provided mixed messages on how landlords might be affected by Buy-to-let (BTL) mortgage rates.

Despite the possibility of some light at the end of the tunnel

View Full Article: Cut your losses says landlord: Why this month’s mortgage rates are causing landlords to sell

What are the costs of managing your own rental property business?

admin    Uncategorized     agents

Self-management of your property business is as cheap or expensive as you want it to be. In loose financial terms, it is down to the level of your knowledge and the systems you want to use to manage your properties.

View Full Article: What are the costs of managing your own rental property business?

Rising interest rates hammer BTL returns by 45%

admin    Uncategorized     agents

New research reveals a huge decline in profits for buy to let landlords in the UK, raising concerns about a worsening rental crisis.

According to a study by Finder, a personal finance website, annual returns for landlords taking out new BTL mortgages have dropped by a staggering 45% compared to April 2020.

View Full Article: Rising interest rates hammer BTL returns by 45%