Category: Property Industry News

Tax blow for buy-to-let landlords

Tax blow for buy-to-let landlords

The Chancellor, George Osborne, has delivered a blow to landlords in today’s budget speech by announcing that mortgage tax relief for buy-to-let home buyers is to be restricted to the basic rate of income...




Landlord’s plea to Chancellor in advance of budget

Landlord’s plea to Chancellor in advance of budget

The Residential Landlords Association (RLA) has called on George Osborne to use this week’s budget to provide additional support to the private rented sector and thereby stimulate the development of new homes across the...




Could this be a crunch week for letting sector?

Could this be a crunch week for letting sector?

With the UK budget statement being delivered later this week by George Osborne it remains to be seen if measures will be introduced to close at least some of the tax breaks given to...




Bank of England considers buy-to-let mortgage restrictions

Bank of England considers buy-to-let mortgage restrictions

The Bank of England has expressed concerns over excessive landing to fund buy-to-let purchases. In its latest report, the BoE states that buy-to-let lending now accounts for 18% of new mortgage lending. This could...




Landlords report surge in demand

Landlords report surge in demand

Research conducted by Paragon Mortgages has found strong growth in the buy-to-let market during the second quarter, with 43% of landlords experiencing a rise in tenant demand. The latest figures confirm that demand is...




Increase in residential lets being agreed before tenants move out

Increase in residential lets being agreed before tenants move out

The number of properties being re-let before the existing tenant has moved out is on the increase. New research from Countrywide shows that in the current year 33% of all new lets were agreed...




Availability of rental properties falls

Availability of rental properties falls

The Association of Residential Letting Agents (ARLA) has reported a fall in the number of rental properties available to tenants during May. The supply of rental property fell by 7% from April, with only...




Landlords providing sub-standard service, claim, but majority of tenants are happy?

Landlords providing sub-standard service, claim, but majority of tenants are happy?

At the start of the month a report by the National Association of Citizens Advice Bureaux, claimed that private landlords are providing a sub-standard service whilst “pocketing £5.6bn in rent on unsafe housing”.  This report however was...




RLA claims government discriminates against private rented sector

RLA claims government discriminates against private rented sector

The Residential Landlords Association (RLA) has accused the Government of discriminating against private landlords in relation to the roll out of Universal Credit. This follows the establishment of a helpline for social landlords with...