Latest News
LANDLORDS DEMAND GOVERNMENT REVIEW OF TAX REFORMS
Thursday, March 2, 2017
The Stamp Duty of 3% should be scrapped, and planned changes to mortgage interest relief should also be abandoned, according to UK landlords group, the Residential Landlords Association (RLA). They have called for these items to be scrapped, or at least for the mortgage interest relief to only be applied to new borrowing for a buy to let investment. The plea to the government has come as they are due to reveal the Budget in March and thus there is just enough time for a review of their tax reforms before they commit themselves. The main reasoning behind the call from landlords is that the costs of these government measures will ultimately be passed on to the tenants themselves through higher rents.
HOW TO GET ON THE PROPERTY LADDER WITH LIMITED INCOME
Wednesday, February 22, 2017
House prices are continuing to increase, despite a clear message from the government that the exclusion of the most recent generation from the property market is unacceptable: owning a home is still almost unmanageable for much of the population. But don’t give up hope. For those of us who are determined to break their way onto the property ladder, there are some paths that are easier than others. Here are a few of them to get you started.
LONDON’S THREE BEDROOM PROPERTIES IN DEMAND
Monday, February 20, 2017
A recent study has revealed that the price of renting a three bedroom house in London has increased and continues to do so. In contrast, both one bedroom properties and two bedroom properties are actually getting less expensive to rent. The primary reason for the discrepancy is the lack of availability of three bedroom properties alongside an increase in demand, thus allowing landlords to raise their prices.
THE PROS AND CONS OF BUYING A HOUSE AT AUCTION
Wednesday, February 15, 2017
Buying property at auction can seem an exciting prospect – bidding against competition to secure your dream home at an amazingly low price is the dream of any homebuyer, experienced or new to the market. Unfortunately, it’s often not as simple as that. Although the actual process of bidding on your prospective dream home is simple, the implications are great and the stakes high if things should go wrong. Here are some of the major pros and cons of buying a house at auction.
HOW TO LET YOUR PROPERTY
Friday, February 10, 2017
Letting a property can be a complicated process, but one that can yield many benefits when done correctly. Here are the basics of the process to help you on your way.
BREXIT SHADOW LOOMS OVER JANUARY PRICE INCREASE
Wednesday, February 8, 2017
The latest index report by the building society Nationwide has revealed an average property price rise of 0.2% for January. That’s a total increase of 4.3% since January in 2016, leaving the current average price of a home in the United Kingdom at £205,240. However, the lack of long-term stability and the economic uncertainty surrounding the imminent Brexit means that the outlook is not as rosy as one might have hoped.
