Many Renters Doubt They Will Ever Own a Home, New Data Reveals

New data reveals a significant increase in spending on rent and mortgages, highlighting growing concerns among renters about their prospects of ever owning a home. According to a recent report from Barclays, expenditures on housing rose by 6.3 percent year-on-year in May, reflecting heightened financial pressures on consumers. The data indicates that consumer confidence has […]

Lenders Launch New Products Amid Buy-to-Let Market Competition

In a bid to attract buy-to-let landlords, several lenders have revised their offerings as competition in the market intensifies. Melton Building Society has introduced four new fixed-rate products tailored for both business and family buy-to-let landlords. Paragon Bank has streamlined its buy-to-let mortgage range by eliminating the distinction between portfolio and non-portfolio landlords. The consolidation […]

Generation Rent Criticizes Lib Dems’ Landlord Register Proposal

Generation Rent has expressed significant concerns regarding the Liberal Democrats’ proposal to introduce a national register of landlords. This initiative is part of a broader set of housing reforms in the party’s manifesto, which also includes the abolition of Section 21 evictions, the establishment of standard three-year tenancies, council measures against Airbnbs, holiday lets, and […]

Conservative Party Pledges CGT Exemption for Landlords in New Manifesto

The Conservative Party is set to unveil its latest manifesto today, featuring a significant pledge to eliminate capital gains tax (CGT) for landlords who sell their properties to sitting tenants, as reported by the Daily Telegraph. This exemption, designed to stimulate the housing market and facilitate homeownership for renters, will be available for a two-year […]