House Prices Are Cheaper in 2023 Than They Were in 2007 (in REAL TERMS)

admin    Uncategorized     agents

According to HM Land Registry, the average sold house price at the peak in September 2007 was £190,032. However, as of August 2023 that figute is £291,044.

But surely that’s a gain of £101,032 I hear you say!

View Full Article: House Prices Are Cheaper in 2023 Than They Were in 2007 (in REAL TERMS)

Ombudsman slammed for council’s £66k fine when PRS landlords would have been fined £2 MILLION

admin    Uncategorized     agents

The Housing Ombudsman has been slammed by a legal expert after it handed out a fine of £66,441 for poor housing – an average of £2,000 per case – when a landlord in the private rented sector would have been fined more than £2 MILLION for the same offences.

View Full Article: Ombudsman slammed for council’s £66k fine when PRS landlords would have been fined £2 MILLION

HMOs offer higher rental yields than other properties, research shows

admin    Uncategorized     agents

Investing in houses in multiple occupation (HMOs) can be more profitable than non-HMO’s with landlords enjoying nearly DOUBLE the average yield, research reveals.

Octane Capital, a specialist property lending company, analysed the cost and return of converting a four-bedroom property into an HMO across England.

View Full Article: HMOs offer higher rental yields than other properties, research shows

Michael Gove praises landlords and rejects rent controls

admin    Uncategorized     agents

Michael Gove, the Housing Secretary, has expressed his opposition to rent controls at the National Residential Landlords Association’s (NRLA) national conference.

The event was held on the day after MPs debated the Renters (Reform) Bill

View Full Article: Michael Gove praises landlords and rejects rent controls

London’s landlords head North for higher returns

admin    Uncategorized     agents

London’s buy to let investors are turning their backs on the capital and looking for opportunities in the North of England, the Telegraph reports.

According to estate agency Hamptons, two-thirds of London landlords who bought properties this year did so outside the capital

View Full Article: London’s landlords head North for higher returns

How to prepare for bailiff eviction?

admin    Uncategorized     agents

Hello, I have a bailiff’s eviction coming up sometime soon, my first and last. Has anyone actually had the experience of being present on the day that their tenant was evicted? If so, what happened? Was the tenant prepared for this?

View Full Article: How to prepare for bailiff eviction?

Why Dan Neidle is wrong about tax relief for finance costs and capital extraction

admin    Uncategorized     agents

We still await a defence from DN on the articles on whether the Substantial Incorporation Structure (SIS) is tax avoidance, and on incorporation relief. All we have had so far is social media comments to say the rest of the tax profession agrees with him

View Full Article: Why Dan Neidle is wrong about tax relief for finance costs and capital extraction

Property sector responds to the Renters (Reform) Bill latest

admin    Uncategorized     agents

The Renters (Reform) Bill’s second reading has been passed without a vote which has prompted various leading figures in the property sector to offer an opinion on what comes next.

One of the big issues is that the government’s planned abolition of section 21 ‘no-fault’

View Full Article: Property sector responds to the Renters (Reform) Bill latest

Unlock the Secrets to Finding Profitable Property Deals

admin    Uncategorized     agents

How good are you at finding potential property deals? Are you ready to take your property investing skills to the next level?

I’m excited to introduce a fantastic opportunity for you to discover just how skilled you are at finding those hidden gem deals in the property market.

View Full Article: Unlock the Secrets to Finding Profitable Property Deals

Is Dan Neidle Ideologically Opposed To Our Existence?

admin    Uncategorized     agents

The Venn diagram featured in this article offers valuable insights into the significant attention garnered by the trial of Property118 on Social Media, led by Dan Neidle. This attention has reached such heights that a prominent national newspaper has seemingly merged Neidle’s critique with HMRC’s Spotlight 63.

View Full Article: Is Dan Neidle Ideologically Opposed To Our Existence?