Around one in every two landlords said there is growing demand for high-end houses with multiple occupation (HMOs), with more tenants demanding better amenities. A survey of HMO landlords by Paragon Bank revealed that 48% had seen demand for high-end HMOs rising,...
Commons Library publications on the rising cost of living in the UK, including cause of inflation, the effect on households, and Government support. The cost of living has been increasing in the UK since early 2021. In June 2022, inflation reached a 40-year high of...
The Government have published their regular report on household debt. It can be seen here, and says: Household debt as a % of disposable income Household debt peaked in Q2 2008 at 151.5% of household disposable income. It then declined to 128.4% by late 2015. Growth...
The DPS have just published the rent index for Q2 of 2022. It can be seen here, and says London Average rents in London increased for the fourth consecutive quarter, rising by £23 (1.63%) from £1,415 to £1,438. This was the fourth highest regional rise this quarter in...
Maidstone Council have an urgent need for three or four bedroom property available for immediate occupation. The council claims that the landlord is able to set the rent of the property and as long as it is “affordable” – but they don’t give any idea as to affordable...
Currently, a self-employed person or a first time landlord is required to give notice to HMRC of their liability for Income Tax Self-Assessment no more than six months after the end of the tax year in which the self-employed person or landlord became liable to tax....
The Essential Information Group reports on a regular basis on the number of lots offered, and sold at auctions. Their recent report can be seen here and says ‘for the past 4 months the overall monthly amount raised has seen a double digit increase when compared with...
(Alliance News) - House prices in the UK hit a sixth straight record high in July, a house price index compiled by Rightmove PLC showed on Monday, but the property portal expects prices to cooling off for the rest of 2022. Average house prices increased to GBP369,968...
Rents are increasing at the fastest rate on record, according to Melissa Lawford at the Telegraph London rental growth hit a new high of 15.8pc, the fastest rate ever recorded by property website Rightmove. In central London, rents increased by 21.1pc last year....
The City regulator has ordered bank boards to step in and improve the way struggling small business borrowers are handled after uncovering widespread mistreatment of companies across the banking industry. A Financial Conduct Authority review of 11 banks’ handling of...
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Council residents in south London, particularly Lambeth, are reportedly facing eviction threats due to an inability to...
The Standard has published an opinion piece by Ben Ramanauskas, a research fellow at Oxford University and a former...
The Guardian has reported that the government has approved for above-inflation council tax rises, which is expected to...