Buy-to-let mortgage lenders have pulled the plug on a number of deals – just as the National Landlords Association was happily reporting a relaxation in the deposit requirements for BTL mortgages together with a growth in the number of products. But the NLA’s announcement looked untimely, as at least 50 cheaper BTL deals suddenly disappeared. Last […]
Read MoreAbolish ‘obviously stupid’ Stamp Duty, says top think tank Friday 16th September 2011 Stamp Duty on the purchase of homes should be abolished, Britain’s leading economic think tank has said. The Institute for Fiscal Studies said that Stamp Duty is an ‘obviously stupid’ tax which stopped people from moving home because of the […]
Read MoreThe best way to get good tenants is to start out with getting your property to the right standard and finish. Here are something’s you may want to consider. It is recommended landlords start with a clean canvas then combine quality fittings and appliances with furnishings (where needed) and décor. The idea is to let […]
Read MoreAccording to the Rightmove their House Price Index for April rose by 1.7%, with the average asking price now £235,822, while the number of unsold properties estate agents have on their books rose at their fastest level since May 2007. Miles Shipside, director of Rightmove, said that many may want to rethink their decision to […]
Read More.Interesting article we found from the RLA New rules for Local Housing Allowance rates which came in force from April 1 will affect private landlords who accommodate tenants on Local Housing Allocation. LHA rates are used to calculate housing benefits for tenants renting from private landlords. LHA rates will now be set at 30% […]
Read More. The extent of the challenges facing the UK economy were set in perspective with the news that take home pay for the average British household fell last year for the first time since 1981. According to the Office for National Statistics (ONS), actual disposable household income slipped by 0.8 per cent in 2010. This […]
Read MoreThe number of new tenants registering for rental accommodation exceeded 200,000 last year as demand reached record levels in 2010, reported the UK’s largest lettings agent Countrywide. According to Countrywide’s latest figures, the overall volume of new tenant applications increased by 37% in 2010 compared to 2009, with demand peaking between July and September. In […]
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