‘Christmas cheer’ as BOE interest rates remain unchanged

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The Bank of England has held firm as interest rates remain unchanged at 5.25%.

The decision, which was widely expected by financial markets, means borrowing costs will remain at their highest level for 15 years.

The Bank had previously raised rates 14 times in a row to tame inflation but has left the last two interest rate decisions the same.

View Full Article: ‘Christmas cheer’ as BOE interest rates remain unchanged

We’ll purchase your property portfolio for cash before Christmas

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It’s almost the end of the year, and for landlords who can’t afford to wait and need cash now, Landlord Sales Agency are here to help.

After seeing an increased number of landlords dealing with financial matters plus property sales with issues that could take months to resolve

View Full Article: We’ll purchase your property portfolio for cash before Christmas

Landlords’ complaints over councillor’s ‘entitled parasites’ comment dismissed

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An independent councillor who referred to private landlords as ‘entitled parasites’ on social media has had complaints against him thrown out by an ethics watchdog, the Edinburgh Evening News reports.

Coun Ross McKenzie made the comments during a discussion about new short-term let regulations –

View Full Article: Landlords’ complaints over councillor’s ‘entitled parasites’ comment dismissed

What is a Family Investment Company?

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I posed the question “What is a Family Investment Company?” to Chat GPT recently and was pleasantly surprised with the accuracy of its response, as follows: –

“A family investment company (FIC) is a private limited company that is established by a family or group of individuals to manage and control their collective wealth.

View Full Article: What is a Family Investment Company?

Renters (Reform) Bill will fail without cash help for councils

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The government’s Renters (Reform) Bill will fail without proper financial support of local authorities to deliver it, MPs have warned.

The All-Party Parliamentary Group (APPG) for the Private Rented Sector has published a report on the Bill which will see a new decent homes standard for the private rented sector (PRS) being introduced and the abolition of section 21 ‘no-fault’

View Full Article: Renters (Reform) Bill will fail without cash help for councils

Do families in temporary accommodation pay rent?

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Hello, with so many people finding themselves homeless being housed in B&Bs, I was wondering if they are required to pay towards the cost at all. Or do the local councils cover the entire cost?

I am genuinely interested as it is a part of the current housing crisis that nobody talks about.

View Full Article: Do families in temporary accommodation pay rent?

Winners of the Property Investors Awards revealed

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In a dazzling evening of recognition and celebration, the Property Investors Awards announced the winners for 2023.

In its biggest event ever, the awards, organised by the Property Investors Bureau, were attended by industry leaders from across the property investment world at the Intercontinental Park Lane Hotel.

View Full Article: Winners of the Property Investors Awards revealed

What Do Buyers Look For In An Investment Property?

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What top 10 features do buyers look for in BTL investment property? Join Ranjan Bhattacharya and Andrew Roberts and fine tune your property investing game by learning the key features to look out for when investing in a property.

Watch the video below

View Full Article: What Do Buyers Look For In An Investment Property?

Smaller landlords look to sell up and exit the PRS

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Major structural changes are taking place in the UK’s private rented sector (PRS) with smaller landlords more likely to exit the market than those with larger portfolios.

According to The Deposit Protection Service (The DPS), 24.5% of landlords with one or two properties plan to sell up and leave the PRS

View Full Article: Smaller landlords look to sell up and exit the PRS

Are selective licensing schemes to blame for soaring rents?

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For anyone wondering what the impact of selective licensing schemes is on tenants and rent prices, then one landlord has news for you.

He claims that the selective licensing scheme introduced in Nottingham in 2018 is to blame for massive rent increases in the city.

View Full Article: Are selective licensing schemes to blame for soaring rents?