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Apr
11

Property Investors Awards – Young Property Investor of the Year

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At the age of just 28 years old Emma Fielding has created a property empire.

From working in Morrisons as an accountant, to now looking for the best property deals, Emma caught the property bug and has built a successful property-flipping business in her hometown of Barnsley

View Full Article: Property Investors Awards – Young Property Investor of the Year

Apr
11

Renters are still financially squeezed – FCA

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New research by the Financial Conduct Authority (FCA) suggests there has been an improvement in the financial well-being of Brits, though challenges remain, particularly for renters.

The FCA analysis reveals a significant burden on renters who are disproportionately affected compared to other demographics.

View Full Article: Renters are still financially squeezed – FCA

Apr
10

Landlords: we’ll sell your buy-to-let properties, fast, for the best price

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As we enter April it’s been a mixed bag for landlords, with many “nervous” landlords looking to sell amidst a growing apprehension of market conditions and general elections.

If you’ve made the decision that now’s the time to sell some

View Full Article: Landlords: we’ll sell your buy-to-let properties, fast, for the best price

Apr
10

Rent rises start to ease – but renters still worry

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Tenants are experiencing some relief as the rate of rent rises slows down significantly, new data from Barclays reveals.

The bank says that renters spent just 1.8% more on rent last month than in March last year.

View Full Article: Rent rises start to ease – but renters still worry

Apr
9

Patrick Harvie defends Scotland’s rent cap against critics

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Scottish Greens co-leader Patrick Harvie has defended Scotland’s rent cap saying that ‘many thousands’ of tenants have been helped and that predictions that landlords would leave the sector were ‘false’.

The tenants’ rights minister was speaking at the Scottish Greens conference

View Full Article: Patrick Harvie defends Scotland’s rent cap against critics

Apr
9

Even with family help, first-time buyers need a £36,000 deposit

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First-time buyers in Britain still face a significant financial hurdle despite receiving help from family when it comes to saving for a deposit, research reveals.

The findings from estate agents Yopa found that deposit contributions from the ‘Bank of Mum and Dad and substantial

View Full Article: Even with family help, first-time buyers need a £36,000 deposit

Apr
9

Holiday let market feels the squeeze as bookings fall

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The staycation boom appears to be over, with holiday let owners across the UK reporting a sharp decline in bookings this year, the Observer reports.

The cost-of-living crisis, poor weather and a saturated market are being blamed for the slump.

View Full Article: Holiday let market feels the squeeze as bookings fall

Apr
8

Sadiq Khan pledges to build 6,000 ‘affordable’ homes and bring in rent controls

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London’s mayor, Sadiq Khan, says he is the ‘renter’s champion’ and is committing to building 6,000 ‘affordable’ homes by 2030 with rents tied to the earnings of key workers.

Mr Khan was speaking at the launch of his third mayoral bid and will use powers he has already to cap the rent for these homes at one-third of the average wage of key workers.

View Full Article: Sadiq Khan pledges to build 6,000 ‘affordable’ homes and bring in rent controls

Apr
8

Freeholder asking leasholder to pay for repairs on his side of the building?

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Hi, apologies if this is a dumb question but my wife is the leaseholder on one of the fout flats in a converted double fronted terraced property.

The freeholder also owns one of the other three flats. The frontal layout of the building has a central door with two flats on either side of the door (1 flat upstairs and one downstairs –

View Full Article: Freeholder asking leasholder to pay for repairs on his side of the building?

Apr
8

Renters are spending nearly 40% of their wages on rent

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The average UK tenant is spending nearly 38.3% of their monthly income on rent which means many will be teetering on the edge of affordability, research reveals.

Financial experts generally advise keeping the rent proportion of income below 40%.

View Full Article: Renters are spending nearly 40% of their wages on rent

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