Stamp duty land tax (SDLT) is the tax charged by the government when purchasing a property or land costing more than £125,000 in England, Wales and Northern Ireland. The stamp duty rates an individual must pay will vary depending on the price and type of property (residential or non-residential). The […]
With the government locked in its latest round of Brexit negotiations, 85% of landlords are undeterred by the prospect of leaving the EU, according to the third annual Landlord Voice Survey from Simple Landlords Insurance. Despite enduring uncertainty over the future of Britain’s economic relationship with Europe, less than one […]
“There are a number of reasons why a landlord may want to consider implementing a rent increase,” explains co-owner of Belvoir Bedford Zoe Bywater. “Often increases are necessary in order to keep a landlord’s property in line with the market. If rent remains static for a number of years, perhaps […]
Sarah Bradford examines whether investing in a property for a student son or daughter to live in whilst at university is worthy of consideration. Student accommodation is expensive, and your student offspring may pay between £150 and £225 a week, depending on where they study. Renting is, for the tenant […]
According to a new report, more than 50% of the £10 billion put forward for a deposit by first-time buyers in 2016 was sourced either from the Government’s Help to Buy scheme or from their parents. Approximately 150,000 first-time buyers looked to their parents for help in getting a deposit […]
In September 2017, new affordability rules were announced for portfolio landlords. The Bank of England’s Prudential Regulation Authority is setting stricter stress testing for landlords with four or more properties. Some leading banks are creating better systems that are designed to manage the more complex processes, whilst other banks are […]
International capital loves Canadian real estate. With more than $1 trillion expected to flow into global real estate from China alone over the next decade, investors large and small are looking to stake their claim in the Great White North. The opportunity is there for you, as well — if […]
Today’s announcement by the Bank of England that interest rates will rise from 0.25 to 0.5% has not come as a surprise, but marks a significant change in direction following almost a decade of record low interest rates. First Time Buyers who have purchased a property in the past 10 […]
Landlords are being urged to set up basic procedures to protect themselves against accusations of retaliatory evictions. Danielle Hughes, a solicitor at Kirwans law firm, said that many landlords are leaving themselves wide open to legal claims of retaliatory eviction and property disrepair by failing to put clear processes in […]
Whilst you may think that any tenant who pays their rent on time is a good one, some recent polls have revealed that landlords do have preferences when taking on new tenants. New research has shown that 29% of landlords would prefer childless couples to be living in their properties. […]
