News

HMRC property transactions for May

HMRC has just released the property transactions for May.  They can be seen here, and in summary: Residential Transactions: Seasonally Adjusted: May 2024 saw 91,290 transactions, a 17% increase from May 2023 and a 2% increase from April 2024, marking the fifth...

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Landlords feeling more positive

The latest survey by Landbay reveals a shift in landlord sentiment, indicating a decrease in negativity about the prospects of their buy-to-let businesses and investments. According to the survey, 27% of landlords currently feel negative about their business, a...

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Rents tend to rise more under Labour

The upcoming General Election has significant implications for the rental market and housing policies. Historical data indicates that rent prices tend to rise by an average of 1.96% in the 12 months following a General Election. This trend is more pronounced under...

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Agent lost case under the Tenant Fees Act

A recent tribunal decision has clarified that certain fees charged by landlords and their agents for early tenant exits constitute prohibited payments under the Tenant Fees Act. The case involved a London landlord and Winkworth Shoreditch, his managing agent. This...

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Lack of Optimism with voters

With the General Election just one week away, a new poll highlights the top priorities for landlords regarding voting and politics. Landlord Voting Decisions and Sentiments Decisive Voters: Almost two-thirds (62%) of landlords have decided who they’re voting for,...

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