Property118 | Author: Property118.com News Team - Page 218

Significantly less rental stock coming on to the market as PRS...

The results of Belvoir’s Q4 rental index, and a survey of landlord trends, according to a recent Halifax review, confirm that significantly less stock is coming on to the market, putting further pressure...

Supply of London rental properties at critical point...

The number of properties available to rent in London stood at 46% below the national average in January, ARLA Propertymark reveals. As landlords are increasingly priced out of the capital, tenants are...

Mandatory HMO licensing to be extended...

Subject to approval by Parliament more properties will fall under Mandatory HMO licensing by this October. Currently Mandatory HMO licensing cover the standard definition of 3 story, 5 occupants in 2 or...

Scottish rent costs rocket amid the very idea of Rent Controls...

44% of Scottish tenants saw their rent costs rise in January, a considerable contrast to the national average of 19%, ARLA Propertymark reveals. The findings come following the introduction of the new...

Equality laws could affect “no benefit tenants” policies...

Lettings agent Nicholas George recently admitted indirect discrimination on the grounds of sex, settling out of court with single mother Rosie Keogh. She was paid £2,000 compensation, because her application...

Mick Roberts on BBC Radio Nottingham...

Our Own Property118 member Mick Roberts appears on BBC Radio Nottingham’s Mark Dennison Show. Mick tells it how it is in his own inimitable style and how Selective Licensing is going to directly...

Landlords – Be prepared for increasing regulation...

Private landlords in England need to be prepared for increasing regulation following the publication of a Government consultation. Tim Miles, a Partner with national firm Clarke Willmott LLP, says the...

Landlords selling rental properties fuels £5.5bn CGT bonanza...

Capital gains tax receipts hit £5.5bn in January and leaves the Treasury on course to rake in £8.8bn this tax year. Analysis of the tax receipts by NFU Mutual, the financial advice firm, show the taxman...

Six tips to help pet lovers secure the perfect rental property...

Last week Jeremy Corbyn unveiled a draft animal welfare policy, which included plans from Labour to make it mandatory for tenants to be allowed to keep pets in rental properties. However, property management...

£12 billion of BTL transferred from Bradford & Bingley...

Computershare has announced the successful transfer of £12 billion of buy-to-let Bradford & Bingley and Mortgage Express mortgages to their new owners. The transfer follows the sale of the loans to...

Westminster Council places its own agency on Rogue list!

Westminster Council have placed its own lettings agency, CityWest Residential, on Sadiq Khan’s Greater London Authority’s register of rogue landlords and letting agents. CityWest Residential was...

Rental complaints system for tenants proposed...

Sajid Javid, the Housing Secretary, has released new plans over the weekend to create a simple complaints procedure for ‘consumers’ (tenants) to gain access to dispute resolution and compensation...

HMRC to clarify Stamp Duty Surcharge rules finally...

Will I pay the additional 3% Stamp Duty Surcharge? This is by far the single most commonly asked question to Property118 and it is about time HMRC made the rules far clearer and easier to understand. Even...

Mortgage rates set to be repriced upwards in coming weeks...

Whether you own a single property or a portfolio, if your assets are subject to mortgages and secured loans, now is the time to review whilst rates are probably at the lowest they will be for a long time.

9:49 AM, 16th February 2018, About 7 years ago | 0

Buy to Let News Latest Articles

Leasehold system is very much alive despite the Government’s...

In light of the Government’s crackdown of ‘unfair and abusive practices within the leasehold system’, online housing agents Sellhousefast.uk decided to investigate the sales of leasehold properties...

Stagnant property market causes drop in Conveyancers’ workload...

This could be more of a true reflection of the real housing market than most other figures as it shows the end product of purchases and remortgages. Stagnated UK property market hits conveyancers During...

Consultation feedback halts Selective Licensing!

Telford and Wrekin council wanted to impose a Selective Licensing scheme for Landlords, but had 900 responses to its consultation resulting in the scheme being dropped. This is the most feedback the council...

IMLA blame 80% decrease in BTL investment on government policies...

Intermediary Mortgage Lenders Association (IMLA) figures show that Buy to Let investment has fallen by 80% since the 2015 Summer Budget Section 24 mortgage interest relief restrictions were announced.

11:59 AM, 7th February 2018, About 7 years ago | 13

Buy to Let News Latest Articles Property Market News

Ombudsman Services withdraws from property sector...

Ombudsman Services (OS) has today announced that it will withdraw from complaints handling in the property sector as it launches a major dialogue with consumers to help tackle an ‘imbalance in power’...

Right to Rent facing two legal challenges...

Politics.co.uk are reporting the Right to Rent rules forcing landlords to check tenant’s immigration status and rights to remain are facing two independent legal challenges. These rules have been...

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