Buy To Let may work better if landlords allow pets – claim
It’s a controversial view but a respected buy to let mortgage monitor suggests that landlords may be more successful if they allow pets. The independent Moneyfacts service admits there are some disadvantages. Click on this link to read the full article.
Record number of homes sold for above asking price in June
In June two in five (40%) homes sold for above the original asking price as buyer demand heightened in the run up to stamp duty holiday deadline. This was the third month in a row the number of homes selling above the asking price had reached record levels. In May the number was at 33%, […]
Majority of landlords have no intention of selling-up in the next five years
Despite the challenging events of the last 18 months, string of government changes around stamp duty, tax relief and the potential change to capital gains tax, UK landlords remain undeterred where their investment intentions are concerned, according to research by Sequre Property Investment. While changes to tax relief and a three per cent increase to […]
Lettings register and deposit system demanded in new report
A new report calls for large scale reform of the private rental sector, including a national landlord register and changes to the tenancy deposit system. The Nationwide Building Society is leading a total of 25 organisations from Barratt Homes to Shelter, to analyse issues in the current housing market. Click on this link to read […]
Some estate agents to charge £30 per viewing
Estate agents will be invited by ViewRabbit to sign up its new pay-per-view property platform. ViewRabbit launched over the weekend with the aim of helping the most serious home buyers and tenants gain a guaranteed viewing on highly sought-after properties at a cost of £30. The new website will send a link to prospective buyers […]
Landlords demand financial support package to deliver green home upgrades
National Residential Landlords Association claims private rental sector is most fuel poor segment of housing market, yet lacks financial support from government. Landlords have called on the government to launch a dedicated energy efficiency support scheme for the private rental sector, warning the sector has received just a small fraction of public green home retrofit […]
North of England provides the highest rent yields for buy-to-let landlords
The latest research by Birmingham and Newcastle-based property developer, StripeHomes, has examined where in England buy-to-let landlords can achieve the best rent yields, discovering that the North provides the most valuable investment opportunities. The buy-to-let industry has endured some tough times in the last couple of years. Not only has COVID-19 profoundly affected the reliability […]
Landlords demanding more than £10,000 rent in advance from tenants using loophole in new laws
Landlords and letting agents are using loopholes in new laws designed to protect tenants from extortionate fees and deposits to demand thousands of pounds in rent up front during the pandemic. Dozens of renters have contacted i after being blocked from rental homes following requests to pay as much as a year’s rent up front […]
Pensions vs property: Should you save for retirement or invest in your future?
It’s an age-old question that many will ask themselves as they look forwards and begin to think about retirement, should I put money into a pension pot or would I be better focusing on building up an alternative income stream, such as from a property portfolio? It’s a question that requires very careful consideration. The […]
A Group of Renters Just Won £19,000 From Their Billionaire Landlord – And They’re Just Getting Started
A group of London renters told to use their unspent lunch money to pay up during the pandemic will be dining out for quite some time on the £19,000 they’ve just won from their billionaire landlord. In a historic court ruling, John Christodoulou – a Monaco-based property magnate and 82nd on the Sunday Times Rich […]