by peter littlewood | Jul 2, 2023 | Mortgages, Tax & Other Financial
The Telegraph has reported that the Chancellors mortgage rescue deal with banks will exclude buy-to-let properties. The article can be read here (subscription may necessary) stating that the The formal Mortgage Charter agreed with banks was published on the Government...
by peter littlewood | Jun 30, 2023 | Industry News
Barratt Developments announced an agreed future sale of 604 homes to Lloyds Banking subsidiary Citra Living Properties for GBP168.4 million in cash. The housebuilder said revenue and profit will be recognised upon the legal completion of each home in the deal, with...
by peter littlewood | Jun 30, 2023 | Tax & Other Financial
The House of Commons Library has published its latest report on Key Economic Indicators on debt. It can be seen here, and says: Household debt as a % of disposable income Household debt peaked in Q3 2008 at 155.6% of household disposable income. It then declined to...
by peter littlewood | Jun 30, 2023 | Industry News
June saw the cost of rent across England rise for the sixth consecutive month, according to Goodlord’s latest Rental Index. During June, voids also dropped steeply, highlighting rising demand as we enter the busiest season for the lettings calendar. The survey found...
by peter littlewood | Jun 29, 2023 | Industry News
Speaking at the Propertymark One conference this week Faulkner warned there was a danger of even more ill-informed landlords leaving the sector. Property guru Kate Faulkner OBE wants to see the the property industry and financial advice sectors come together to give...
