buytolet

For many years the Government has indicated it would like to see the UK’s private rented sector ‘professionalised’.  That meant more, large scale landlords funded by pension scheme money and companies with a long-term view providing consistent service to tenants, and fewer private landlords with just one or two properties in their ownership.   The reduction … Read more

Generation rent may be a phrase more associated with younger people, but new data shows a surge of older people now renting their home. The number of over 55s renting has more than doubled over the past decade as pension incomes wane and later life divorce becomes more common.  There has been a 118 per … Read more

Tenants join the ‘space race’: Rent costs have risen in the last year despite pandemic – but London bucks the trend as people hunt extra room Renters are moving out of cities to find space in the suburbs, research finds   Three in five London renters who moved to a bigger home left the capital This … Read more

Landlords and renters are facing a looming meltdown, experts warn, after the Government extended its ban on tenant evictions until 20 September.  In a last minute U-turn over plans for repossession cases to be heard in the courts from 23 August, the Government last week also introduced a minimum six-month notice period for landlords seeking … Read more

Chancellor Rishi Sunak’s stamp duty cut came under fire today as critics warn it will unfairly benefit buy-to-let investors and second-homeowners, and perpetuate unaffordable house prices.  They voiced concerns that the tax holiday on the first £500,000 of a home’s purchase price also benefits buy-to-let investors and second-homebuyers – who will still pay stamp duty … Read more

Will the stamp duty cut be BAD for first-time buyers? Critics warn tax giveaway will revive buy-to-let investors and boost house prices Chancellor’s plans will see 90 per cent of homes pay no stamp duty until March However this includes second-home buyers including property investors Labour have blasted the move as an ‘unnecessary subsidy’ for … Read more

Could June see a surge in renters moving home? Tenancies extended due to lockdown rental freeze and evictions ban are both due to end Landlords have been granting monthly extensions to tenants during lockdown However, many of these tenants could move now the ban on moving has lifted Experts also warn of a surge in … Read more