Scotland’s PRS cools as rent control policy looms

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Rent rises in Scotland’s private rented sector (PRS) are beginning to ease as policy measures for rent controls continue to progress through the Scottish Parliament.

The latest report from Scottish lettings portal Citylets, shows the rate of annual growth trending downward in the low single digits for all main cities.

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What a Landlord Must Do if a Tenant Leaves Possessions Behind After Eviction

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When a tenant is evicted from a rental property, it is not uncommon for them to leave behind personal belongings.

As a landlord, you might be unsure about your legal rights and obligations when dealing with abandoned goods.

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Understanding Property Investment Strategies

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Starting out in property investing is an exciting journey, with various strategies to explore. This guide will introduce five popular property investment strategies, each with unique demands on time, knowledge, and financial resources. We’ll look at single let properties, two types of HMOs

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Incorporation Pitfalls: What Buy to Let Lenders and Mortgage Brokers Need to Know About Novation and Refinancing

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The trend of landlords incorporating their Buy-to-Let (BTL) portfolios into limited companies has become more prominent in recent years, spurred by changes to tax relief and the shifting regulatory environment. However, this shift can come with complications that many may not fully understand—especially when it comes to mortgage arrangements.

View Full Article: Incorporation Pitfalls: What Buy to Let Lenders and Mortgage Brokers Need to Know About Novation and Refinancing

This will be a ‘bumper year’ for the housing market – Zoopla

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The total value of homes in the sales pipeline has surged by 30% to £113 billion, driven by rising incomes and the lowest mortgage rates in two years to help make 2024 a bumper year.

That’s according to Zoopla’s latest House Price Index which shows the number of new sales agreed has reached its highest level since autumn 2020.

View Full Article: This will be a ‘bumper year’ for the housing market – Zoopla

Why It’s Time to Bring Back Indexation Allowance: Adam’s Story

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In 2001, Adam purchased a property for £97,000 in an area that wasn’t exactly desirable. His tenant situation wasn’t ideal either, but Adam did his best to keep things running smoothly. When his tenant passed away, Adam decided it was time to sell

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Keir Starmer under fire for NOT saying landlords are “working people”

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The Prime Minister has slammed landlords by not confirming they are “working people”.

In an interview with Sky News, Keir Starmer struggled to define a “working person” but says people who earn income through property or shares are not working people.

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Pennycook: Why a landlord exodus is DEFINITELY underway

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It’s almost like something out of the novel 1984, when the evidence of your eyes is not to be trusted. I’m talking, of course, about housing minister Matthew Pennycook at the Renters’ Rights Bill committee hearing.

He went to great lengths to downplay the landlord exodus saying there was no evidence for it.

View Full Article: Pennycook: Why a landlord exodus is DEFINITELY underway

Is it legal to drive to Edinburgh?

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This might seem like a strange question to ask on a forum for landlords, but there’s a good reason I’m bringing it up.

Some people might instinctively say, “Yes, of course, it’s legal to drive to Edinburgh.” But

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Buy-to-let landlords brace for 17% stamp duty hike ahead of budget

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Buy-to-let landlords may face a 17% rise in stamp duty bills as Chancellor Rachel Reeves prepares for the upcoming budget.

Stamp Duty is a tax on property purchases, with an extra 3% surcharge for landlords and second-home buyers.

View Full Article: Buy-to-let landlords brace for 17% stamp duty hike ahead of budget