Jul
13

RLA victory on licensing scheme

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Licensing conditions for Liverpool landlords have been changed following complaints from the Residential Landlords Association.
Liverpool City Council has modified the conditions in its selective licensing scheme following a review, which came about as a result of a letter from the RLA, its co-regulation partner.
View Full Article: RLA victory on licensing scheme

Jul
13

Landlord survey to assess state of the PRS

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The Residential Landlords Association has launched its quarterly survey on the state of the PRS – focusing on the areas of tax and finance. The short survey will take around 10 minutes to complete and includes questions on issues including the Government’s recent tax changes. The findings will help the RLA better understand the key […]

LandlordZONE.

View Full Article: Landlord survey to assess state of the PRS

Jul
13

CML warns of excessive buy-to-let rules

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The Council of Mortgage Lenders (CNL), in its submission to a Prudential Regulation Authority (PRA) consultation exercise on possible further lending restrictions, has warned the PRA (part of the Bank of England) to beware of imposing too many restrictions on buy-to-let lending. Buy-to-Let mortgage applications have already been subject to increasing scrutiny says CML where […]

LandlordZONE.

View Full Article: CML warns of excessive buy-to-let rules

Jul
12

Call of the week – Brexit and Right to Rent

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After the referendum result, the RLA’s Landlord Advice Team has received a number of calls regarding the impact of Brexit on the PRS. Usually this is about how it affects the Right to Rent legislation.
View Full Article: Call of the week – Brexit and Right to Rent

Jul
12

New House Price Index

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A new combined House Price Index (HPI) has been launched by the Office for National Statistics (ONS) – The monthly report shows average house prices, a House Price Index (HPI) for England, Scotland, Wales and Northern Ireland. This replaces the previous House Price Indices produced separately by ONS and Land Registry. The index is a […]

LandlordZONE.

View Full Article: New House Price Index

Jul
11

What to Do when the Tax Hikes Bite

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Times are tough for landlords right now. The demand for rental property is high, but the government seems determined to drive smaller investors out of the market by introducing tax hikes. As of 2017, landlords can no longer claim mortgage interest tax relief and anyone buying a second property has to pay 3% Stamp Duty […]

LandlordZONE.

View Full Article: What to Do when the Tax Hikes Bite

Jul
10

RLA launches tax and finance survey

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The RLA has launched its quarterly survey on the state of the PRS – focusing on the areas of tax and finance. The short survey will take around 10 minutes to complete and includes questions on issues including the Government’s recent tax changes. The findings will help us provide an up-to-date understanding of the key […]
View Full Article: RLA launches tax and finance survey

Jul
8

Tenants face rent bombshell

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Rent hikes are inevitable unless MPs move to halt the Government’s unfair tax-grab targeting private landlords.
Government plans to tax landlords on their income rather than after allowances – part of the loss of mortgage interest relief – has brought a warning from the Residential Landlord’s Association that inevitable rent increases could make tenants the victims of the government’s tax changes.
View Full Article: Tenants face rent bombshell

Jul
8

Landlords' finances are at their healthiest in nearly 10 years

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A recent study by LSL Property Services found that landlords’ finances are at their healthiest in nearly 10 years. Surprisingly, given recent changes, the figures have shown that buy-to-let mortgage arrears have dropped dramatically since the last quarter of 2015 and are at their lowest level since the back end of 2007. In the survey […]

LandlordZONE.

View Full Article: Landlords' finances are at their healthiest in nearly 10 years

Jul
7

Brexit vote stalls UK’s biggest buy-to-let property sale

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The economic turmoil following the shock Brexit vote is hampering one of the UK’s biggest buy-to-let landlords in his attempt to sell 900 rented homes. Fergus Wilson, a private buy-to-let landlord who has been mired in controversy for years, has had his attempts to sell his entire portfolio of around 900 residential properties to foreign […]

LandlordZONE.

View Full Article: Brexit vote stalls UK’s biggest buy-to-let property sale

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