Whilst he announced uprating of the Local Housing Allowance (LHA) to the relief of many, the Capital Gains Tax (CGT) allowance was more than halved in the new tax year to £6,000, however from next year it will be reduced again by £3,000. Samuel Gee at Manning Gee...
The Guardian are reporting that 'The number of EU citizens refused entry to the UK since Brexit has increased fivefold, Home Office figures show.' See here. Especially worrying is the report that some EU people who have a genuine reason to be here, who are refused...
The Telegraph Money Section, has published an article on a married couple who have built up a portfolio of nine properties that produces a net income of about £60,000 a year. Being as they both have full time jobs, they have used letting agents to manage their...
The Telegraph have published an article on Croydon - 'where flats sell for an average of £289,422, according to Rightmove, far less than other more central parts of London – is one of 22 local authorities that are attracting so many first-time buyers that they now...
iHowz has joined forces with Propertymark to collaborate with other leading sector organisations, forums and landlord associations to coordinate the launch of a new group committed to fairer renting. The Housing Coalition held its first meeting at Propertymark’s...
Shawbrook Bank have surveyed more than 1,000 residential landlords and found that 88% of portfolio landlords had grown their portfolios in the past six months. See their report here. In it they found that: 88% of portfolio landlords have added to their portfolios in...
The Guardian has just published an article accusing 'More than two-thirds of mortgage-free landlords raised the cost of new rental agreements in the last year despite being unaffected by interest rate rises, according to research on alleged “cashing in”. The article...
Landlord Today is reporting on a survey concluded by Shawbrooks Bank that starts 'No fewer than 88 per cent of portfolio landlords have added to their portfolios in the last six months, despite market uncertainty' It can be seen here, and goes on to say that the...
Following the recent Bank of England's second base rate freeze and this week's fall in inflation rates for both the UK (4.6% from 6.7%) and the US (3.2% from 3.7%), the Autumn Statement will provide further clues on whether we can expect the new year to bring with it...
New data released by the Ministry of Justice (MOJ), reveals it takes an average of almost 29 weeks between a private landlord making a legitimate possession claim to the courts and actually getting the property back. The figures also show it takes an average of more...
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Analysis of the UK Short-Term Rental Market by lettings and estate agent Benham and Reeves looked at key market...