by peter littlewood | Oct 16, 2023 | Industry News
The Sunday Times is reporting on the problem of pensioners wants to downsize, but unable to the cost – 'paying stamp duty is just horrendous' quotes one pensioner. The article can be seen here (subscription may be necessary) and says: There are growing calls on the...
by peter littlewood | Oct 16, 2023 | Industry News, Mortgages
Landlords in the UK are paying 40 per cent more mortgage interest than in August 2022, forcing more of them to quit the sector warns Hamptons lettings agency. In August, mortgaged investors handed over an average of 37 per cent of their rental income in mortgage...
by peter littlewood | Oct 16, 2023 | Tax & Other Financial
Rightmove have just published their latest House Price Index, it can be seen here. It reported that asking prices edged higher by an average of £1,950 this month. Although new asking prices typically rise at this time of the year, the property portal says October’s...
by peter littlewood | Oct 14, 2023 | Tax & Other Financial
The Telegraph is reporting on a letter sent to them regarding the freeze on the Local Housing Allowance (LHA), it can be seen in full here (subscription may be necessary), and says: Jeremy Hunt has been warned he will force more people into homelessness unless he...
by peter littlewood | Oct 13, 2023 | Tax & Other Financial
The i news are reporting that many landlords are now making a loss in their least lucrative year since before the financial crisis, analysis from estate agency Savills shows.. The article can be read here (subscription may be necessary), and goes on to say that as...