According to one expert, the answer is “yes”. At least one veteran estate agent believes that the new chancellor, Philip Hammond, chosen to replace George Osborne will seek to calm fears in the property market by tempering the Stamp Duty rates imposed by Mr Osborne.
The buy to let sector is not looking too promising in the UK right now. This has created a renewed interest in the overseas property market, with some landlords considering investing in property abroad.
An interesting story hit the Twittersphere recently, when a company specialising in sub-letting plugged a blog claiming that students had the right to sub-let their private rental accommodation during the holidays. Of course it wasn’t long before a property lawyer disavowed their claim.
A horrified landlord has posted a series of photos online purporting to be of his rental property after the tenants were evicted. He wants the photos to act as a warning to other landlords, and to remind them to vet any tenants before offering them a tenancy agreement.
A Dutch landlord is taking his social responsibilities very seriously, by offering his tenants a 100 Euro discount if they help new refugee arrivals integrate into Dutch society.
Manchester City Council is debating whether to introduce a new landlord licensing scheme in a bid to deal with overcrowding and anti-social behaviour in the city’s private rental sector. The council introduced ‘The Manchester Rental Pledge’ in 2015, but although the scheme got off to a flying start, increasing immigration has led to a number […]
At the point of writing this, the outcome of the EU referendum is not known, but according to the Association of Residential Letting Agents (ARLA), a vote to leave will not have any serious effect on the UK rental market.
Following its success in the Court of Appeal with the West Bromwich Class Action, the Property 118 website is preparing for another legal challenge against three more landlord mortgage lenders.
A landmark ruling by the Court of Appeal has found in favour of a group of 400 landlords who launched a class action against the West Bromwich Building Society.
The Residential Landlords Association (RLA) has been campaigning against the government’s introduction of mortgage interest rate relief restrictions ever since the changes were introduced. Now it seems that their campaign is beginning to bear fruit.
On the 23rd June, millions (possibly) will turn out to cast their vote on whether the UK should stay in the EU or leave. Both campaigns have ramped up in the last week or so and according to data produced by HomeLet, the referendum (and fears about potential economic uncertainty) is having an effect on […]
According to data released by HMRC, there was a 7% rise in landlord acquisitions in 2013-14, but given the recent surge in lending this figure is now likely to be a lot higher. HMRC figures reveal that there were 1.75 million buy to let landlords declaring income from properties between 2013 and 2014.
In what is thought to be the first case of its kind, a man from Sheffield, Rami Nazzal, has been prosecuted for sub-letting his council property and then forcibly evicting the tenant. So essentially he has been prosecuted for both offences at the same time.
HMOs are traditionally run by more experienced landlords as they tend to be more hands-on than regular buy to let properties. However, research carried out by a leading mortgage company has found that the number of landlords looking into buying an HMO has risen by 10% over the last six months.
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