by peter littlewood | Aug 21, 2023 | Industry News
Recent research from Paragon Bank has shed light on the changing landscape of Britain’s rental market. Landlords situated in Outer London, as well as the East Midlands, have observed remarkable upticks in tenant demand. A comprehensive study encompassing 983...
by peter littlewood | Aug 21, 2023 | Industry News
A firm of solicitors has just published a blog where they consider impact of the Renters Reform Bill on the student accommodation sector. The blog can be seen here, and says: Abolishing fixed term tenancies for PRS student homes could cause havoc for the student...
by peter littlewood | Aug 21, 2023 | Industry News, Tax & Other Financial
The Telegraph has just published n article looking at the problems of shared ownership, stating 'For many, the promise of partially owning a home has turned into a nightmare'. The article can be seen here (subscription may be necessary), and follows the case of Maddy...
by peter littlewood | Aug 21, 2023 | Tax & Other Financial
Rightmove’s asking prices fell by 1.9% in August to £364,895, the biggest drop for this month since 2018. However, asking prices are still 19% higher than August 2019. Home sales fell by 15% versus 2019 before the onset of the pandemic, while first-time buyer sales...
by peter littlewood | Aug 18, 2023 | Tax & Other Financial
According to figures produced by trade association, UK Finance, 8,980 buy-to-let mortgages had arrears that totalled over 2.5 per cent of the outstanding balance as of June 2023 – a rise of 28 per cent in comparison with the end of March. Almost half of...