by peter littlewood | Apr 17, 2024 | Industry News
Sadiq Khan, the Labour Mayor of London, has announced plans to build 6,000 "affordable" rental homes by 2030, with their rents capped in line with key worker salaries in different parts of the capital. Khan, who is seeking a third Mayoral term, emphasizes that the...
by peter littlewood | Apr 17, 2024 | Industry News, Tax & Other Financial
Lomond, a rapidly expanding agency group, has conducted research unveiling the top 10 postcodes currently offering the most robust rental yields for British buy-to-let investors. Analyzing data on property values and asking rents across every postcode in Britain,...
by peter littlewood | Apr 17, 2024 | Industry News
Landlords are being cautioned to heighten their awareness following a concerning discovery by police in Nottinghamshire. A rented property in Sutton-in-Ashfield was found to harbor a cannabis growing operation, causing significant damage and posing various hazards....
by peter littlewood | Apr 17, 2024 | Industry News
The Lettings Industry Council (TLIC) is advocating for a collaborative approach to improve the private rental sector, emphasizing the need for cross-party cooperation and stakeholder involvement. Here's a breakdown of their key points and demands: Mandatory Compliance...
by peter littlewood | Apr 17, 2024 | Tax & Other Financial
Here’s a summary of the key points from the report by lettings agency Hamptons: Slowed Rental Growth: Despite a slowdown, the average newly let rent in Britain has risen by 6.7% over the past year, significantly lower than the peak of 12% in August 2023. Rental...