“I’m richer now selling my houses than I was renting them” – Landlords rush to get out

admin    Uncategorized     agents

It’s a story we’re hearing over and over again this month, and in the upcoming weeks, we expect no different. Enter the unexpected wealth boom transforming smart landlords’ fortunes and, you guessed it, the game is in getting out, not getting further in.

View Full Article: “I’m richer now selling my houses than I was renting them” – Landlords rush to get out

Bank of England keeps interest rates at 4.25% amid persistent inflation

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The Bank of England has decided to keep interest rates at 4.25% in a move anticipated by financial experts due to ongoing economic challenges.

With inflation holding at 3.4%, significantly above the target of 2%, the Monetary Policy Committee (MPC) opted for caution

View Full Article: Bank of England keeps interest rates at 4.25% amid persistent inflation

Councillor slams selective licensing scheme and warns of landlord exodus

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A councillor has criticised selective licensing schemes, describing them as a “supplementary tax” on landlords.

Speaking at a Wirral Council meeting of the Economy, Regeneration and Housing Committee, Councillor Tony Cox argued that many landlords are unable to avoid the financial burden imposed by the schemes.

View Full Article: Councillor slams selective licensing scheme and warns of landlord exodus

Renters’ Rights Bill could lock out vulnerable tenants from the PRS

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The controversial Renters’ Rights Bill may inadvertently exclude some of the rented sector’s most vulnerable tenants, one firm reveals.

According to Leaders Romans Group (LRG), the Bill’s restriction on limiting advance rent payments to one month could hinder access to housing for vulnerable groups of people.

View Full Article: Renters’ Rights Bill could lock out vulnerable tenants from the PRS