Browsing all articles from September, 2024
Sep
4

Portfolio Landlords Action Network open letter to Housing Minister Matthew Pennycook – Fairness for Landlords and Tenants

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Portfolio Landlords Action Network (PLAN) is an informal network of Landlords with 75 Properties or more. Their largest member has over 1,500.

PLAN is a small group of large portfolio landlords who cannot walk away from the PRS no matter what reforms are passed.

View Full Article: Portfolio Landlords Action Network open letter to Housing Minister Matthew Pennycook – Fairness for Landlords and Tenants

Sep
4

Unlocking the Power of SSAS Pension for Property Investors: Part 2

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In my previous article, I explored the transformative potential of SSAS pensions for property investors and developers. As a quick recap, a SSAS (Small Self-Administered Scheme) is a type of company pension designed for small to medium-sized businesses, offering unparalleled flexibility and control over your pension funds.

View Full Article: Unlocking the Power of SSAS Pension for Property Investors: Part 2

Sep
4

Rents hit new heights to push affordability levels to the limit

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Rents in the UK continued their upward trajectory in August, reaching a new high of £1,438 on average for new tenancies, Goodlord reveals.

However, the firm is warning that an affordability ceiling is close to being reached

View Full Article: Rents hit new heights to push affordability levels to the limit

Sep
3

Tenants’ Right to Buy at a Discount: Is It Fair to Landlords?

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In this episode of Property Breaking News, Ranjan Bhattacharya and Andrew Roberts examine the contentious proposal of tenants’ right to buy at a discounted rate, a policy once championed by Jeremy Corbyn in his manifesto.

While selling directly to tenants can be a convenient option for landlords

View Full Article: Tenants’ Right to Buy at a Discount: Is It Fair to Landlords?

Sep
3

Council ‘mothballs’ its housing company despite £600,000 investment

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Another council has ‘mothballed’ its housing company, despite investing £600,000 of public money, according to Private Eye.

Central Bedfordshire council set up New Vista Homes in 2020 to address a shortfall in affordable housing in the area by building 250 homes over the next three to five years.

View Full Article: Council ‘mothballs’ its housing company despite £600,000 investment

Sep
2

Labour’s tax hike rumours driving landlords to sell

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Rumours of a capital gains tax hike, the proposed Renters’ Rights Bill and the abolition of Section 21 are sending landlords into a state of uncertainty.

Many landlords are openly questioning whether it is worth the trouble and are exploring their options.

View Full Article: Labour’s tax hike rumours driving landlords to sell

Sep
2

Labour MP under fire over unlicensed and mould-ridden flats

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A Labour MP who describes himself as a “renters champion” and a “good landlord” has been forced to admit that his rental properties are plagued by ant infestations and black mould.

Jas Athwal, the newly-elected MP for Ilford South

View Full Article: Labour MP under fire over unlicensed and mould-ridden flats

Sep
2

Paragon Bank offers new BTL mortgage options

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Paragon Bank has expanded its buy to let mortgage range with a new two-year fixed-rate product with no fee and a discounted variable rate product.

This is the first time in more than two years that the lender has offered a nil-fee two-year fixed-rate option.

View Full Article: Paragon Bank offers new BTL mortgage options

Sep
2

Rural landlords in Argyll and Bute face ‘Myriad of challenges’

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The alarm has been raised on the potential for a deepening rural housing crisis in Argyll and Bute, with significant issues being faced by landlords in the region.

A report highlights the unique challenges faced by rural landlords

View Full Article: Rural landlords in Argyll and Bute face ‘Myriad of challenges’

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