Landlords see profits soar from downsizing “loophole”

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A landlord’s buy-to-let flats sold for £1.15 million in 4 weeks, another in just 2 weeks for 18% higher than market value, and property portfolios performing at the same level of profitability as when we started in the rental sector 15 years ago: these might sound like numbers from years back

View Full Article: Landlords see profits soar from downsizing “loophole”

Bank of England hold Base Rate at 4.5%

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The Bank of England’s Monetary Policy Committee (MPC) Doves came out on top today, voting 8-1 to hold the Bank Base Rate at 4.5%. One MPC member voted for a 0.25% reduction in the rate.

This coincides with the US Federal Reserve’s decision yesterday to also maintain their rate at the range of 4.25 to 4.5% due to potentially inflationary economic proposals.

View Full Article: Bank of England hold Base Rate at 4.5%

Court lost documents and struck out case?

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Hi everyone, I am in court for compensation against a tenant who is now thankfully evicted.

I have a judgment of debt, but I am pursuing a Charging Order securing the debt against a property he now owns.

View Full Article: Court lost documents and struck out case?

House and rent prices rise the most in the north of England

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Strong buyer demand is seeing house prices surge in the north of England with Yorkshire and the west Midlands leading the way, Home.co.uk says.

Its latest index also reveals that rents in the north are also increasing ahead of London’s rates.

View Full Article: House and rent prices rise the most in the north of England

Disgusting Slur on Landlords by Leftwing Media

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News that Britain’s landlords have increasingly moved from holding property in their personal names to limited companies has been slammed by one journalist as ‘widespread tax avoidance’.

Writing on the left-wing website, Novara Media, Harriet Williamson said: “Let’s call this what it is: widespread tax avoidance by a workshy

View Full Article: Disgusting Slur on Landlords by Leftwing Media

Leading BTL lenders reduce mortgage rates

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Two prominent buy to let lenders, Accord Mortgages and The Mortgage Works, have announced reductions to their BTL offerings.

The revamped ranges are aimed at a variety of borrowers, from those wanting short-term deals to others eyeing longer commitments.

View Full Article: Leading BTL lenders reduce mortgage rates

Charities urge Labour to tackle ‘discriminatory’ PRS guarantor rules

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The Labour government is being urged to overhaul renter legislation which 28 charities say will hit poorer tenants from being able to access PRS housing.

The charities have written an open letter to the Housing Secretary Angela Rayner with their concerns over the Renters’

View Full Article: Charities urge Labour to tackle ‘discriminatory’ PRS guarantor rules

No need for rent cap as Scottish rents rise slower than incomes – call

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Rents in Scotland have risen at a gentler pace compared to residents’ earnings which shows there’s no need for the rent controls, one firm says.

DJ Alexander Ltd has analysed data from Zoopla’s latest UK Market Rental report and found that rents rose 3.1% in the 12 months to January.

View Full Article: No need for rent cap as Scottish rents rise slower than incomes – call

Why the US Rental Market is Miles Ahead of the UK – But Could It Work Here?

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After owning a holiday home in Florida for nearly 20 years, my wife and I recently decided it was time for a change. We loved our time there, but the world is a big place, and we wanted to explore more of it.

View Full Article: Why the US Rental Market is Miles Ahead of the UK – But Could It Work Here?

Landlords on cliff-edge as Renters’ Rights Bill strains overburdened courts

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Many landlords are facing a cliff-edge decision in deciding whether to sell up and many are holding on to see what happens, says a top property lawyer.

In an exclusive video interview with Property118, property litigation partner at Taylor Rose

View Full Article: Landlords on cliff-edge as Renters’ Rights Bill strains overburdened courts