Buy-to-let Property News
Surge in Prospective Tenants Exposes Struggles of Rent Rule Reforms
Knight Frank, has revealed a 39% rise in the number of prospective tenants in prime central and outer London for the first quarter of this…
Buy-to-let Property News
Buy-to-let Property News
London Evictions Come to a Standstill as Bailiffs Cite Safety Concerns
London landlords face prolonged delays in the eviction process as bailiff operations are suspended indefinitely due to unspecified ‘health and safety reasons’. This move is…
Buy-to-let Property News
London Rent Soars to Record-Breaking Levels
Property rental company HomeLet’s May 2023 Rental Index figures reveal an ongoing surge in the UK’s average rental prices. The report also draws attention to…
Buy-to-let Property News
Potential Mortgage Rate Increase May Trigger More Than Just a Dip in House Prices
May witnessed a minor 0.1% decrease in house prices following a slight uptick in April after seven consecutive months of decline. On an annual scale,…
Buy-to-let Property News
Rental Rates Rise for Fifth Consecutive Month as Summer Surge Approaches
England has seen rental costs rise for the fifth straight month in May, as reported by Goodlord’s latest Rental Index. In addition, the average void…
Buy-to-let Property News
Tax Relief for Landlords Could Mitigate Housing Crisis, According to Study
In an effort to address the ongoing housing crisis, Capital Economics, a prominent research consultancy, has proposed the abolishment of the existing tax increase on…
Buy-to-let Property News
Mortgage Market Takes a Hit as Rising Interest Rates Prompt Lenders to Withdraw Numerous Deals
A sharp decline in the availability of mortgage deals has been witnessed over the last week, recent data reveals. On the 30th May, Moneyfactscompare.co.uk recorded…
Buy-to-let Property News
Netflix Over Necessity: UK Renters Prioritise Streaming Services Over Contents Insurance
In a surprising revelation, a recent YouGov survey indicates that private tenants in the UK are more likely to have a TV streaming service subscription…
Buy-to-let Property News
UK Property Market Faces Uncertain Summer Following Sharp Decline in April Sales
UK property sales experienced a significant drop in April, falling by 29% from the previous month, according to non-seasonally adjusted figures. The number of sales…
Buy-to-let Property News
Landlords to Raise Rents in Response to Pet-Friendly Renter’s Reform Bill
In response to the newly proposed Renter’s Reform Bill, which curtails landlords’ capacity to refuse tenants’ pets, three-quarters of landlords intend to raise rents. Buy-to-let…
Buy-to-let Property News
Record-High Property Transactions as Buy-to-Let Landlords Exit Market
The latest data reveals that residential property prices are persistently falling, yet transactions exceed the long-term average, partly stimulated by an influx of buy-to-let landlords…
Buy-to-let Property News
Edinburgh Crowned Richest UK Property Hub, Reveals In-Depth Nested Study
The past year has seen a remarkable £250bn in property sales across the UK, as indicated by a recent study from Nested. Edinburgh has clinched…
Buy-to-let Property News
Centre for London Urges Collaboration Between National Landlord Register and Selective Licensing Schemes
The ‘property portal’, a national landlord register, that the government recently introduced in the Renters’ Reform Bill should operate in conjunction with selective licensing schemes…
Buy-to-let Property News
Unified Private Rental Ombudsman Essential for Landlords and Tenants, Says Housing Chief
In an article penned for the Conservative Home website, the current Housing Ombudsman, Richard Blakeway, has stated that private landlords have no reason to dread…
Buy-to-let Property News
Landlords Urged to File Capital Gains Tax Returns on Property Disposals to Avoid Hefty Penalties
Buy-to-let landlords across the UK are on notice that failure to personally file a capital gains tax return within 60 days of property disposal could…
