A Piece of EnglandA UK buy to let property blog |
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A Piece of EnglandA UK buy to let property blog |
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After a series of flat to negative house prices going back several months, Nationwides's report for October shows a return to growth, but low transaction numbers suggest caution. 28/10/2023
London losing landlords to the northIncreased mortgage costs are driving landlords to seek higher yielding properties. The North of England and the Midlands are where they are to be found. 25/10/2023
Renters (Reform) Bill passes second readingThe Bill continues its progress through the normal parliamentary process, but not before a major climb-down by the Government on its centrepiece provision - the abolition of 'no fault' evictions. 23/10/2023
Bedbugs? Who picks up the bill?At their apparent rate of spread, a lot of landlords will find themselves facing this issue. If your property suffers an infestation, who is responsible for dealing with it? Landlord or tenant? 13/10/2023
Labour promises 1.5 million new homesSpeaking at the Labour party conference, Sir Keir Starmer outlined the party's ideas to meet its target by unlocking more brownfield land, building new towns and bulldozing through the current planning laws. 12/10/2023
Uk expats to face another Stamp Duty hike? Once again, UK expats find themselves in the 'easily exploited' category as Shadow Chancellor Rachel Reeves promises to increase Stamp Duty payable on UK properties bought by overseas buyers. 11/10/2023
Air BnB to take on letting agentsAirBnB is making plans to offer long term rentals as it looks to grow and diversify away from its travel based business model said its CEO in an interview with the Financial Times. No-one wants to pay more tax than they have to, right? So when a new tax reduction scheme is promoted to landlords, it can look tempting. Beware - this one can land you in a world of pain says the taxman.2/10/2023
House prices remain subdued - NationwideAnnual house price growth remained unchanged in September at -5.5%. Most of the downward pressure comes from the South and East, with the North and Midlands falling by much less than the national average. 20/9/2023
Levelling up? My a**e - BurnhamA report in The Independent, followed up by the BBC, claims the the Prime Minister and the Chancellor are discussing cancelling the Birmingham - Manchester leg of HS2. |
Specialist Sheltered Housing 6% NET Rental Yield
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1/11/2023