Buy-to-let Property News
Mortgage Arrears and Property Possessions Rise in Q1 2023
According to recent key figures, there has been a 2% quarter-on-quarter increase in homeowner mortgages in arrears of 2.5% or more of the outstanding balance,…
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Buy-to-let Property News
Section 21 Evictions Skyrocket Amid Landlord Concerns Over Renters Reform Bill
A record number of Section 21 notices, enabling landlords to repossess their properties without specifying grounds, have been issued in the wake of proposed legislation…
Buy-to-let Property News
Renters’ Rights Revolution: Landmark Legislation Introduced in Parliament
The long-anticipated Renters’ Reform Bill has been presented to Parliament, aiming to enhance the rights of renters in the UK. This comes more than four…
Buy-to-let Property News
Landmark Renters’ Reform Bill Introduced by UK Government
The long-awaited Renters’ Reform Bill, initially promised in 2019, has been published by the UK government, introducing a range of measures to favour renters while…
Buy-to-let Property News
Strike Acquires Purplebricks for £1 in Dramatic Turn of Events
In a surprising development, online estate agency Purplebricks has announced the sale of its assets and business to Strike for a mere £1, subject to…
Buy-to-let Property News
Renters Reform Bill: Ministers Urged to Address Landlord Concerns for Balanced Legislation
William Reeve, CEO of Goodlord, has called on ministers to consider the concerns of landlords as the Renters Reform Bill approaches. Reeve believes that landlords…
Buy-to-let Property News
Detached Properties Outperform Flats with 20% Higher Returns in a Decade
A market analysis by easyMoney, a peer-to-peer real estate investment platform, has discovered that detached homes have produced the highest investment returns among all residential…
Buy-to-let Property News
Repeat Offender Landlord Fined £7,500 for Unlawful Eviction by Changing Door Code
Lidia Szopinska, a London-based interior designer, has been prosecuted for the second time for unlawfully evicting a tenant from her property in Cheltenham. Cheltenham Borough…
Buy-to-let Property News
Landlord Tax Crackdown: HMRC Fines Skyrocket as 5,429 Investors Caught Underpaying Taxes
A renewed push on taxes by HM Revenue & Customs (HMRC) has resulted in a staggering 83% increase in property investors caught underpaying income tax…
Buy-to-let Property News
Landlord Education Offered for Free Prior to Crucial May 31st Cut-off Date
As the Welsh Government imposes new requirements on landlords, a lettings agency chief is providing a course to help them comply with these regulations. Landlords…
Buy-to-let Property News
Record Surge in BTL Landlords Planning to Sell Rental Properties
New data indicates that buy-to-let (BTL) landlords in the UK are planning to sell their rented properties at a rate never seen before, raising concerns…
Buy-to-let Property News
Bank of England Hikes Interest Rates to 4.5%: Property Market Braces for Impact
The Bank of England has increased interest rates to 4.5%, up from 4.25%, in an effort to combat soaring inflation. This marks the 12th consecutive…
Buy-to-let Property News
Buy-to-Let Landlords Fuel Surge in Capital Gains Tax Receipts
Newly released data from HM Revenue and Customs (HMRC) indicates that Capital Gains Tax (CGT) receipts have soared as buy-to-let landlords unload property holdings due…
Buy-to-let Property News
Property Industry Unites to Urge Government Support for Efficient Home Moving Market
Leading businesses from the property industry have joined forces to call on the UK government to back initiatives aimed at improving the speed and efficiency…
Buy-to-let Property News
Brighter Outlook for UK Housing Market Despite Ongoing Challenges
The Royal Institution of Chartered Surveyors (RICS) Residential Market Survey for April 2023 revealed that although the UK housing market remains weakened, the decline in…
