Category: Property Industry News

The effects of the Budget and future of licensing schemes

The effects of the Budget and future of licensing schemes

The start of July saw the first Budget from the Conservative Government and despite pleas to the Chancellor ‘to seize the opportunity to encourage growth in the sector by introducing changes to the tax...




Almost half of tenants don’t attend ‘check-out’

Almost half of tenants don’t attend ‘check-out’

Figures published by the Deposit Protection Service (DPS) show that almost half of tenants in England and Wales do not attend a ‘check-out’ at the end of their tenancy. Of these, almost half claim...




Call to weed out rogue landlords

Call to weed out rogue landlords

Campaigning group, Generation Rent is calling on the the government and local authorities bring rogue landlords to justice. Following a legal battle with the Ministry of Justice to release details of landlord convictions, it...




Three quarters of buy to let properties purchased as means of investing in their family’s future

Three quarters of buy to let properties purchased as means of investing in their family’s future

According to Barclays Mortgages latest data, the buy-to-let climate is very much thriving across the UK with three quarters of UK buy-to-let homeowners choosing to purchase their property in order to invest in their family’s future,...




New tax rules will negatively impact both tenants and the economy

New tax rules will negatively impact both tenants and the economy

An opinion piece in London’s daily business newspaper, City A.M., focuses on the remarks made by the chancellor in this recent budget statement that buy-to-let landlords have a huge advantage in the market as...




New crackdown on buy-to-let sector ‘imminent’

New crackdown on buy-to-let sector ‘imminent’

In the wake of the warning from the Bank of England that the buy-to-let bubble could threaten the financial stability of the entire country, the UK chancellor, George Osborne, has indicated that a crack...




3.1% increase recorded in Scottish residential rents

3.1% increase recorded in Scottish residential rents

The average Scottish rent has reached a new peak of £549 per month according to the latest index data from letting agent Your Move. For the month of June this represents a year on...




44% of renters in the UK believe they will never own their own home

44% of renters in the UK believe they will never own their own home

According to an independent survey for construction and regeneration company Keepmoat only 2% of renters plan on getting on the property ladder this year.    The most common reason for not getting on the property ladder...




Over half of UK tenants had problems over last 12 months, survey finds

Over half of UK tenants had problems over last 12 months, survey finds

According to research from the mortgage and loans provider Ocean Finance, more than half of tenants surveyed in the UK say they have experienced problems with their rented homes over the past 12 months,...