London’s rents are cheaper than mortgages

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The financial challenges being faced by aspiring homeowners in the capital have been revealed by a study which shows a significant gap between mortgage payments and average rents.

The research by SBA Property Management shows that the difference makes buying a property in London a less attractive option compared to other UK cities.

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Heritage Wills – The Importance of Lasting Power of Attorney

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Amidst the hustle and bustle of our daily lives, it’s important not to overlook planning for the unexpected.

It’s essential to protect our personal affairs and portfolio with measures such as Lasting Power of Attorney (LPA)

Here at Property118

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BoE holds interest rates – but hints at a cut soon

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The Bank of England (BoE) has kept interest rates at a 16-year high of 5.25%, as expected, in a bid to control inflation.

With inflation nearing the bank’s target of 2% – it is currently at 3.2% –

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Help with leasehold dilemma!

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Hi, all our twenty private management company shareholders are owners of their flats, and hold them on Leasehold Title Absolute. Collectively (as our company) we own our entire property on Freehold Title Absolute. The twenty shareholders are of equal status

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Scotland’s new leader urged to tackle housing crisis

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Propertymark is urging Scotland’s new First Minister, John Swinney, to prioritise ending the housing crisis after five Scottish councils declared a housing emergency and Mr Swinney blamed the UK government for budget cuts.

The resignation of the previous First Minister

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Buy to let landlords adapt to rising costs

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Many buy to let landlords in the UK have adjusted their finances in the past 18 months to deal with rising costs, according to a new report.

The research from Foundation Home Loans found that landlords are taking various steps to deal with growing overheads

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An Introduction To Strategic Tax Planning For UK Property Investors

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Before you buy another investment property you need to understand this …

The correct ownership structure is a vital ingredient to your success as a property investor.

The following Case Study and explanatory notes explain why, by comparing a property private rental property business owner with a private hotelier.

View Full Article: An Introduction To Strategic Tax Planning For UK Property Investors

London’s renters head to the suburbs

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There has been a shift in London’s rental landscape, with renters increasingly looking beyond the city centre for cheaper options and better transport connections, data reveals.

According to SpareRoom, which has analysed tenant search trends, there has been a surge in popularity for areas further out from central London –

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Advice on selling a house with tenants?

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Hi, I’m seeking advice on how to sell a house that currently has tenants. Last summer, I attempted to sell a property while it was still occupied by tenants on a rolling contract.

Despite assuring them that we would provide plenty of notice and help them find alternative accommodation before finalising the sale

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Lender group calls for long-term housing minister amidst market instability

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A mortgage lender group is calling for a long-term housing minister to help provide stability to the housing market.

The OSB group says affordability will remain a challenge for many prospective homes.

In a new report

View Full Article: Lender group calls for long-term housing minister amidst market instability