A third of landlords are looking to expand their portfolios in the next year, as rising house prices and improved rental yields lead to higher levels of confidence in the market. Research by Shawbrook Bank found that 34 per cent of landlords said they were planning to...
Tax & Other Financial
Small businesses intend redundancies very soon
According to a report in the Guardian a third of UK small businesses are planning to make staff redundant over the next few months, rising to more than four in 10 in London, according to a new survey. In a clear sign of the financial stress felt by many owner-run...
HMRC launches reform to Income Tax Self-Assessment registration
HMRC issues a consultation on Income Tax Self-Assessment (ITSA) for the self-employed and landlords to reform how and when the self-employed and landlords register and start to interact with HMRC The government is seeking evidence on Income Tax Self-Assessment (ITSA)...
Buy-to-let hotspots: The best cities for landlords to invest
What Mortgage have published an article on The ten cities offering the best prospects for landlords has been revealed by mortgage lender, Aldermore, and this year there has been a shake-up of the top three. The Buy to Let City Tracker provides landlords with an...
Housing market: Key economic indicators
The House of Commons Library has published a briefing comprising data on house prices, mortgage approvals and house-building. For the briefing, click here.
Fines for landlords and agents on the increase
Council-imposed fines on letting agents and landlords that fall foul of licensing regulations have risen dramatically in the past month alone.Research by PropTech firm Kamma suggests that there have been £600,000 worth of fines imposed on landlords and agents in the...
Mortgage arrears and repossessions – England
The House of Commons Library have published a briefing paper outlining current and historic policies to assist homeowners who are struggling with their mortgage payments, and examining trends in mortgage arrears and repossessions. For the paper, click here.
House sales down
A growth in inquiries from UK house-hunters in October is yet to translate into a pick-up in sales, according to surveyors. Despite an overall net balance of 10% of property professionals reporting an increase in new buyer inquiries, estate agents only have 37 UK...
Two thirds of parents would buy a home for their child to live in at university
This is Money are running a piece entitled - 'Two thirds of parents would buy a home for their child to live in at uni: Is it a good idea and how do you make money as a student let landlord?' It can be seen here, and explains that it makes a lot of sense for parents...
Shawbrook introduces new buy-to-let portfolio product
Shawbrook Bank has unveiled a new mid-range product to its buy-to-let proposition, aimed at supporting portfolio landlords owning ‘simple’ property types. Customers who meet the criteria will have access to a reduced five-year fixed rate of 4.09% up to 75% LTV. This...
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The latest Halifax data showed that house prices rose again in December as mortgage rates fell. House prices picked up...
Research shows Landlords to expand portfolios in 2024
Findings from the Intermediary Mortgage Lenders Association (IMLA) regarding the financial challenges faced by...
Rent Rises slow
The Financial Times have run an article about the probability of rent rises slowing during 2024. The article can be...