EPCs for the PRS: Ed Miliband fires the starter gun for a landlord exodus

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Here we go again with energy performance certificate (EPC) ratings needing to be a minimum of C for the private rented sector but not homeowners, social housing or government buildings.

Ed Miliband was rather slovenly when sprawling over the despatch box to tell MPs that landlords will have a deadline of 2030 to meet.

View Full Article: EPCs for the PRS: Ed Miliband fires the starter gun for a landlord exodus

House prices set to rise in Edinburgh due to unique growth factors

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A letting agency predicts Edinburgh’s house prices will rise due to the city’s unique circumstances.

Scotland’s largest letting agency DJ Alexander says over the last decade Edinburgh has seen a surge in highly skilled, well-paid workers from around the world

View Full Article: House prices set to rise in Edinburgh due to unique growth factors

Bank of England finally cuts interest rates in closest vote for a long time

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The Bank of England has announced a major cut in interest rates for the first time in four years.

The BoE has cut interest rates from 5.25% to 5%, offering a sigh of relief to many people.

In a close vote

View Full Article: Bank of England finally cuts interest rates in closest vote for a long time

How to turn non-profitable headache portfolios into slick, high profit machines again

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Landlord Sales Agency has been touted as the UK’s best company for landlords to go to who are looking to increase the profits of their property portfolios.

Known as the “portfolio exit specialists,” the LSA focus on tightening up landlord portfolios by cutting the chaff of low performing properties

View Full Article: How to turn non-profitable headache portfolios into slick, high profit machines again

Generation Rent says ‘homes, not landlords’ is the key to rent affordability

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Metropolitan areas in England that significantly increased their housing stock since 2015 are more likely to have experienced improved rent affordability, according to an analysis by Generation Rent.

The study, based on recent Office for National Statistics rent data

View Full Article: Generation Rent says ‘homes, not landlords’ is the key to rent affordability

Paragon and Molo are the latest lenders to reduce BTL rates

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Paragon Bank has refreshed its product range, offering landlords more competitive buy to let mortgage options.

Rates for single self-contained properties with energy efficiency ratings A-C begin at 3.89%, rising to 3.94% for homes with EPC D or E.

View Full Article: Paragon and Molo are the latest lenders to reduce BTL rates

Help Property118 Continue To Help Landlords

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The Property118 website serves over 3 million page impressions a month, so we feel like we must be doing something right.

It costs around £36,000 a month to run. This includes salaries for our journalists/editors, server costs to host and keep the website secure

View Full Article: Help Property118 Continue To Help Landlords

Landlords face £34,000 repair bill nightmare

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Landlords across the UK are potentially facing staggering repair costs, with new research revealing an astonishing 72 maintenance jobs per property ownership, totalling more than £34,000.

Buy to let insurance provider Alan Boswell Group, in partnership with Compare My Move

View Full Article: Landlords face £34,000 repair bill nightmare

HMRC allowable foreign travel expenses?

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Hi, I am considering selling a number of foreign BTL properties. Unfortunately, the paperwork involved will require multiple trips to the countries they are located in.

I have been struggling to find what qualifies as a tax deductible expense for this.

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Stamp duty relief blow for first-time buyers

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Only 37% of homes for sale will qualify for stamp duty relief when the current threshold of £425,000 reverts to £300,000 from April 2025, a study reveals.

Rightmove says this offers a bleak outlook for first-time buyers in England and is a sharp decline from the current 58% of homes that qualify.

View Full Article: Stamp duty relief blow for first-time buyers