Most Britons will by now be aware that the UK, and for that matter most of the developed world, are experiencing a cost-of-living crisis. The repercussions of Covid driven damage to international supply lines, generous government fiscal policy and Russia’s decision to invade Ukraine have caused prices to skyrocket. Inflation increased to a 40-year high […]
The UK rental property market is facing an unprecedented crisis.
Rates, rates, and more rates. So much of our daily lives and economic well-being is underpinned by interest rates and their direction of travel. Interest rates directly influence the cost of borrowing, including the cost of mortgages. As interest rates and corresponding mortgage rates have risen over the past 6-12 months many landlords and property […]
As a landlord, one of your primary goals is to maximise the return on your investment. Traditionally, HMOs (Houses in Multiple Occupation) and student lets would be the go to option given the higher potential to generate rental income. However, there are also several reasons why many landlords steer clear of HMOs and student lets, […]
April 6, and that can mean only one thing – the start of the new UK tax year. It’s when most changes to UK tax rules come into force, which can be good or bad news for you and your rental income. It can also be the perfect time to make tax less of a […]
It wasn’t so long ago that the concept of an AI chatbot sounded like something belonging solely to science fiction. But with the unprecedented rise of ChatGPT, interest in AI chatbots has skyrocketed, and their use has become commonplace across various industries. But perhaps one of the last things that you might imagine would be […]
It has been a busy couple of weeks of headlines for Michael Gove. The governments’ Secretary of State for Levelling Up, Housing and Communities has made a number of statements, both within the Commons and on TV interviews. Speaking to Laura Kuenssberg, Gove reiterated his intention to stop ‘unscrupulous landlords’ who are taking advantage of […]
The UK’s housing market is beginning to wobble, with worrying ramifications for property investors and landlords alike. The Nationwide House Price Index (HPI) indicates that house prices have continued to tumble in 2023, building on last year’s downward trend. Prices continued to fall into January, marking the fifth consecutive month of decreases, with prices now […]
Sometimes it can be the smallest critters which create the biggest problems for landlords. Pest infestations are unpleasant for tenants to live with and can be costly to rectify. Naturally, this begs the question of who is ultimately responsible for managing and rectifying pest problems in tenanted properties. Does the responsibility lie solely with the […]
As we head into 2023, let’s take a look at the crucial months for student landlords, what they need to be aware of, and what the market outlook is amidst this mix of surging demand and economic uncertainty.
January is a time for the future, an opportunity to look ahead to what might be and to make right the gluttony of Christmas. For those of us with a substantial stake in the property market, it is also an opportunity to ponder what the next 12 months may hold for landlords and the UK’s […]
The private rental sector is beginning to buckle, as an increasing number of landlords are opting to sell up and leave the sector. Sky News reported that the number of landlords selling their properties has risen by 13% over the past four months, driven out by increasing costs and punitive legislation. Whilst landlords leaving the […]
As the skies darken and the cold winter months begin to take hold, the outlook for landlords looks set to get ever bleaker. On the 17th of November, the government announced its Autumn Statement, with the new Chancellor of the Exchequer – Jeremy Hunt – opting to take a decidedly different path to his predecessor’s […]
It’s a volatile time for the housing market and the country in general. No sooner than people have digested the mini-budget, all the key policies are repealed. Expected interest rates, with their corresponding 2-year mortgage rates, bounced as high as 6%, before falling back down over the past month. Every week brings a new ‘leaked’ […]
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