According to the trade body, there were 84 tenants per branch in March compared to 82 in February, with the West Midlands recording the highest number of new tenants registered per branch of any region last month at an average of 157.
For the first time in four years, the proportion of landlords who say they plan to expand their portfolios is higher than those who say they intend to reduce.
Handelsbanken Wealth Management, the wealth and investment management arm of Handelsbanken in the UK, suggests that would-be buyers focus on rules that will allow them to qualify for tax breaks associated with furnished holiday lets
The company, run by Ajit Singh Pooni, of Ilmington Drive, Sutton Coldfield, owed more than £1.3 million to 328 creditors.
Despite the widely publicised exodus of UK landlords exiting the traditional market and moving into short-term letting, the UK’s buy-to-let sector remains vibrant and profitable.
Average house prices in the UK reached a record high in March, a month when a package of measures was announced in the Budget to help buyers, according to new data. Lender Halifax’s managing director Russell Galley, said: “Following a relatively subdued start to the...
Property Industry Eye have just published a piece on the potential impact of CGT on the industry. It can be seen here, and explains how it is likely CGT will double very soon, with all the subsequent consequences with landlords hit with a £24,000 increase in tax.
Another leading research team in a major agency has revised upwards its forecast for the 2021 market. Savills revised its predictions recently and now it’s the turn of Knight Frank. Referring to the mainstream market, Knight Frank research head Tom Bill says: “We...
The House of Commons Library has just released a report summarising the help available for landlords and tenants, and can be seen here. It concentrates mostly on establishing security of tenure for tenants, without mentioning the increasing problem of tenants able to...
A report in the Financial Times over the weekend suggests that Lloyds Bank is poised to become a major residential landlord, using new-build and existing properties to enter the private rental sector. The FT’s retail banking correspondent Nicholas Megaw says a...
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RICS has published its latest UK Residential Market Survey, which can be seen here. Previous ones can be seen here....
Real estate group JLL has released its latest forecast the UK housing market. They are predicting outlook for prices...
House prices rise The latest data from Halifax showed that house prices rose in October after six consecutive monthly...