Rents Rise as Supply of Rental Properties Falls (allegedly)

Rents Rise as Supply of Rental Properties Falls (allegedly)

Subjective, debatable but interesting article from Landlord Today. As follows: Tenants are facing higher rents as the supply of rental properties continues to fall due to George Osborne’s hefty, punitive tax changes, new figures suggest. The Association of Residential...
Overseas Investor BREXIT Concerns

Overseas Investor BREXIT Concerns

Interesting email today from the company we deal with in Hong Kong which in hindsight supports a similar email we received last week from the company we deal with in Dubai. There is uncertainty and caution from many overseas investors about the impending Europe vote....
Property Sales Dive on Stamp Duty Changes (says HMRC)

Property Sales Dive on Stamp Duty Changes (says HMRC)

The number of UK properties sold fell by 45% between March and April, HM Revenue and Customs (HMRC) figures show, as changes to stamp duty began. In total 94,370 properties changed hands in April, down from the record high of 164,400 transactions in March. HMRC said...
New Apartments ‘Hidden’ Service Charges

New Apartments ‘Hidden’ Service Charges

‘Hidden’ service charges on the rise, says insurer (reported the BBC in March 2016) Service charges faced by buyers of newly-built properties are a “hidden cost” reaching an average of £2,777, a survey suggests. It said buyers of apartments...
What Goes Around Comes Around

What Goes Around Comes Around

This week we have been approached by the developers of three schemes. One in Preston, one in Rossendale in Lancashire and one in Nottinghamshire. The point is that we looked at these schemes last year, proposed on them to fit in line with investors needs and...
Landlords – Not as ‘Evil’ as the Press Suggests

Landlords – Not as ‘Evil’ as the Press Suggests

Brandon Lewis, the Minister for Housing & Planning was asked last week: Q: Why does the government want to cut down on landlords and how much do you think the recent measures against them (cuts to mortgage relief tax etc.) will reduce the number of buy-to-let...
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