Last July, the Times reported 'House prices could rise by more than 20% in five years' Today, they are reporting that 'House price rises to ease after this year’s sales boom, estate agency Hamptons says' Todays article starts: House price growth will slow over the...
The Times have run an article commencing: Poorer families could be £1,000 a year worse off due to a “triple whammy” of prices rises, tax increases and benefit cuts, a think tank has warned. The Resolution Foundation urged ministers to cancel an impending cut to...
Moneyfacts have just published a blog discussing buy to let (BTL) mortgages, and whether BTL is still a good investment. It can be seen here, and says: Landlords looking to lock into a new buy-to-let (BTL) mortgage deal will be pleased to see that the average rates on...
The Treasury have announced that Making Tax Digital will now be introduced in April 2024. More details can be seen here. Note that they have also published help on getting ready - see here. Fianlly, don't forget that our October landlords meetup will concentrate on...
The pandemic has hit Buy To Let (BTL) landlords hard as a third have had to cut rents to help struggling tenants, and losses could mount up once the furlough scheme winds up at the end of the month. Almost 1 in 5 landlords have tenants in arrears, owing an average of...
A growing number of UK ex-pats who own a buy-to-let property in the UK are continuing to approach HMRC to admit they have evaded tax, says national accountancy group, UHY Hacker Young. According to recent figures, 248 overseas investors in UK buy-to-let properties...
A survey of nearly 4,000 landlords from buy-to-let specialist, Sequre Property Investment, has revealed that nearly one in five (17%) have experienced rental arrears as a result of the pandemic. For a third (27%), this has been a marginal inconvenience to the tune of...
The Department for Work and Pensions has published Economic activity of individuals aged 50 or over, trends over time, showing: Employment rate for those between 50 and 64 has fallen from 72.1% in 2020 to 71.2% in 2021 Number of over-50s working impacted by Covid...
The Daily Telegraph are running a series of articles on saving money on tax bills for landlords. The first one can be found here the second here and the third and last here
The pandemic has had changed the private rental market in many ways, but one positive impact is that the number of tenancy disputes between renters and their landlord or agent has reduced. TDS says 0.7% or 26,907 of tenancies resulted in a dispute during the 2020/2021...
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The Financial Times has reported that the HMRC helpline is to be restricted during busy time. The article can be seen...
A development of 450 student flats in Brighton, known as 5 Circus Street, has been put up for sale for £67 million....
The ONS has published data on household debt. The summary report can be seen here, and says: Household Debt:...