Mark Alexander - Founder of Property118, has published an article asking why a landlords business is not treated the same as any other business. It can be seen here, and says: property rental businesses, especially privately owned ones, have a much tougher deal when...
UK Halifax house prices grew by 1.1% in February month-on-month, outpacing expectations for a drop of 0.3% and accelerating from January and December at 0.2% and -1.3% respectively. Year-on-year, house prices grew by 2.1%, also ahead of forecasts and unchanged for the...
Hackney Council has stated that ‘Landlords who put lives at risk by ignoring serious damp and mould issues will face fines and legal action after the Council agreed record new investment to improve living conditions and step up enforcement against rogue landlords.’...
A cross-party group of MPs and peers has suggested that landlords who don’t upgrade their properties should be liable for mortgage penalties. The All-Party Group on a Green New Deal believes there should be a 1% mortgage interest rate premium levied on all buy-to-let...
Private landlords in the UK have increased the number of Energy Performance Certificate (EPC) rated properties in the private rented sector (PRS) by 165% in the past decade, according to analysis by Paragon Bank. The bank’s report, Raising the standards of privately...
UK Nationwide house prices fell by 0.5% in February, slightly worse than analysts’ expectations for a drop of 0.4%. Year-on-year house prices dropped by 1.1%, swinging into negative territory versus an increase of 1.1% in January and below forecasts for a decline of...
Propertymark’s head of policy and campaigns, Timothy Douglas, gave evidence to the Scottish Parliament’s Local Government, Housing and Planning Committee on the Cost-of-Living Act 2022 last week highlighting that the majority of letting agents are continuing to see...
Many landlords are now in the situation of paying more taxes, an extra £1bn in tax this year compared to just four years ago as frozen tax allowances and the removal of reliefs take hold. It is not unknown for a landlord to have to pay taxes even when making a loss....
The Guardian is reporting that rogue UK landlords are using ‘ghost tenants’ to con taxpayers out of millions of pounds by fraudulently claiming housing benefits. In a Tweet, they claim ‘Criminal gangs are among those buying cheap property to convert into housing for...
Strutt & Parker, the property consultancy believes the last quarter of 2022 bore the brunt, and is maintaining its previous house price forecasts of between -5% and 0% growth for the UK and -3% to 3% for prime central London for 2023. Their recent analysis can be...
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UK house prices rose for the fifth consecutive month in February, according to data from Halifax on Wednesday. The...
Gavin Richardson, Managing Director | Mortgage Finance Brokers has issued the following statement: Chancellor Jeremy...
At the same time the Chancellor was speaking in the Commons, a resume was announced. It can be seen here. the...