PROPERTY CLINIC: I’m using a letting agent to manage my buy-to-let for the first time, what should I expect? The terms and conditions are outlined in your contract with the letting agent Letting agents aim for a good level of communication with landlords and tenants By Myra Butterworth For MailOnline Published: 08:01 GMT, 9 November … Read more
London landlords are feeling the full force of Covid-19 with many being forced to slash rents amid a glut of available properties. Rents in the capital fell for the seventh consecutive month in September, according to data from Hamptons International. Aneisha Beveridge, head of research at Hamptons International, said: ‘London was the only region in … Read more
Generation rent may be a phrase more associated with younger people, but new data shows a surge of older people now renting their home. The number of over 55s renting has more than doubled over the past decade as pension incomes wane and later life divorce becomes more common. There has been a 118 per … Read more
Tenants join the ‘space race’: Rent costs have risen in the last year despite pandemic – but London bucks the trend as people hunt extra room Renters are moving out of cities to find space in the suburbs, research finds Three in five London renters who moved to a bigger home left the capital This … Read more
Landlords and renters are facing a looming meltdown, experts warn, after the Government extended its ban on tenant evictions until 20 September. In a last minute U-turn over plans for repossession cases to be heard in the courts from 23 August, the Government last week also introduced a minimum six-month notice period for landlords seeking … Read more
As foreign travel is curbed and staycations become more popular many investors are eyeing holiday lets as a potentially lucrative safe haven for their cash. Fears of snap travel bans and quarantine rules have led to a boom in UK tourism as holidaymakers flock to Britain’s rural hotspots and beachfronts. This has led to a … Read more
Buy-to-let was one of Britain’s best-loved investments before crippling tax blows caused many landlords to lose interest. But now buy-to-let has been thrown a lifeline. Slashed stamp duty, better mortgage deals and new tax benefits all mean landlords are flocking back to the market. However, with unemployment predicted to soar to four million by the … Read more
Buy-to-let was one of Britain’s best-loved investments before crippling tax blows caused many landlords to lose interest. But now buy-to-let has been thrown a lifeline. Slashed stamp duty, better mortgage deals and new tax benefits all mean landlords are flocking back to the market. However, with unemployment predicted to soar to four million by the … Read more
Chancellor Rishi Sunak’s stamp duty cut came under fire today as critics warn it will unfairly benefit buy-to-let investors and second-homeowners, and perpetuate unaffordable house prices. They voiced concerns that the tax holiday on the first £500,000 of a home’s purchase price also benefits buy-to-let investors and second-homebuyers – who will still pay stamp duty … Read more
Will the stamp duty cut be BAD for first-time buyers? Critics warn tax giveaway could revive buy-to-let investors and boost house prices Chancellor’s plans will see 90 per cent of homes pay no stamp duty until March However this includes second-home buyers including property investors Labour have blasted the move as an ‘unnecessary subsidy’ for … Read more