London landlords are being forced to reduce their rents in order to secure a deal, according to a report from Chestertons estate agents, reported in the Telegraph Landlords in the high end of the market are reducing rents between 3 to 10%, and across a wider market...
Mortgage approvals in Britain plunged much more than expected in November according to fresh data, as the fallout from the ill-fated mini-budget of the short-lived Truss administration lingered. According to the Bank of England, around 46,100 mortgages were approved...
House prices are on course to suffer their biggest decline since the financial crisis, with economists warning of a market “correction” this year caused by rising borrowing costs and a likely recession. Two thirds of economists surveyed by The Times expected house...
Property118 have run an article, with associated commments on Robert Mellors setting up a charity to help house the homeless It can be seen here, and we urge you to read it especially the assiociated comments.
The Telegraph has just published an article predicting house price falls in 2023. They are reporting experts predicting falls bewteen 5 to 30% The article can be seen here(subscription might be necessary)
Our friend Hasan at Home Share has published his predictions for 2023, and can be seen here.
The Telegraph published an article just after Christmas questioning whether 2023 might see the collapse of the buy-to-let market. This is mostly due to the reduced tax relief coupled with rising costs, especially mortgage rates. The article can be seen here...
Newham’s Selective Licensing scheme has been approved by the Secretary of State for Department for Levelling Up, Housing & Communities for an unprecedented third 5-year term, making Newham Council at the forefront of championing renters rights. Coming into force...
Landlords are being encouraged to sign a petition calling on the government to reverse the section 28 tax change which had ended their right to offset mortgage interest against tax.Before Section 24 was introduced in 2017, landlords were able to deduct mortgage...
The Leasing Director in a large Scottish estate has published an article calling for a ‘rebuilding of the PRS’ It is in Daily Business Magazine and says: Volatility and unpredictability are two words which have been used all too often throughout 2022 and for good...
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The Telegraph has run an article stating that the Scottish Government, led by Humza Yousaf's SNP-Green coalition, has...
Michael Gove's promises to reform the leasehold system appear to be facing significant challenges, with criticisms...
Michael Gove, the UK government minister, has initiated legal action to compel the landlord of a Canary Wharf...