Landlord News
Landlords and Property Professionals Urged to Review Self Assessment Tax Return Status
The year is flying by and time is gradually running out for you to check if you need to submit a Self Assessment tax return…
Landlord News
Landlord News
Landlords Express Concerns Over Proposed Compulsory Ombudsman Scheme
Recent data has unveiled that a significant proportion of landlords in England are either unsupportive of or uncertain about the Government’s initiative to make membership…
Landlord News
Paragon Bank Reduces Rates on Two-Year Buy-to-Let Mortgages
Paragon Bank has announced a significant drop in its core two-year fixed-rate buy-to-let mortgages. The rates have been reduced by 45 basis points, now commencing…
Landlord News
Landlords Experience Significant Losses when Exiting the Property Market
Recent data indicates that UK landlords are now facing an average loss of £10,000 when disposing of their properties. This downturn in fortunes comes in…
Landlord News
Surge in Buy-to-Let Mortgage Arrears, UK Finance Reports
UK Finance, the representative body for over 300 firms in the banking and finance industry, has recently disclosed alarming data concerning mortgage arrears for Q2…
Landlord News
Surge in Section 21 Evictions as Landlords Exit the Market
New figures from the Ministry of Justice reveal a concerning 41% surge in Section 21 ‘no fault’ evictions. In England, the number of households evicted…
Landlord News
Deepening UK Housing Market Downturn, RICS Survey Reveals
The most recent RICS survey paints a concerning picture of the UK housing market. In July, there was a 45% decline in new buyer enquiries,…
Landlord News
Steep Rise in Fines Announced for Non-Compliance with Right to Rent Checks
From January 2024, letting agents and landlords will witness a substantial increase in fines related to non-compliance with Right to Rent checks. The Home Office…
Landlord News
Halifax Points to Growing Pressures on Private Rental Sector and Slump in House Prices
Halifax has recently flagged concerns regarding the private rental sector in their standard housing market update, highlighting that the sector is currently navigating challenging waters….
Landlord News
Rental Prices Increase in Every UK Region in July – Homelet Index
The upward trend in UK rental prices shows no sign of abating, with an increase witnessed across all regions in July, including the traditionally cheaper…
Landlord News
Bank of England’s Rate Hike Takes Interest to 15-Year High of 5.25% – Industry Reaction
The Bank of England (BoE) has raised UK interest rates to 5.25%, a level not seen in the last 15 years, marking the 14th consecutive…
Landlord News
Landlords Face Further Challenges with Upcoming Renters Reform Bill, Solicitor Warns
Millions of landlords across the UK are poised to be negatively impacted by the forthcoming Renters Reform Bill, a piece of legislation intended to shield…
Landlord News
New Record in UK Capital Gains Tax Receipts Shows an Evolving Trend
In a revealing trend, Capital Gains Tax (CGT) receipts in the United Kingdom have reached a record £16.7 billion in the 2021/22 tax year, reflecting…
Landlord News
Landlord Successfully Challenges Council Fine, Achieving Substantial Reduction in Virtual Tribunal Hearing
A recent case in North London has demonstrated that landlords maintaining well-managed, good-quality rented properties and possessing a reputable character should challenge unfair council fines…
Landlord News
England’s Rental Prices Hit Unprecedented Level
England’s rental market experienced an extraordinary event in July, as average rental costs exceeded £1,300 per property for the first time ever. This milestone, part…
