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Three quarters of landlords warn their tenants will fail to pay rent as coronavirus lockdown continues Seven in 10 landlords have been contacted by tenants worried about paying rent Five million privately rented households in the UK are affected by the crisis Unions call on the Government to ban future evictions based on rent arrears … Read more
Mortgage lenders axe almost HALF of buy-to-let mortgage options amid ongoing coronavirus lockdown Mortgage lenders have slashed buy-to-let deals in the wake of the coronavirus More than 1,300 buy-to-let mortgage deals have been axed since March This accounts for nearly half of all available deals, with 1,593 now left Learn more about how to help … Read more
Landlords suffered a triple-whammy hit this week as three popular tax reliefs were axed or scaled back as the new tax year began. Mortgage interest tax relief, capital gains tax exemptions for ‘accidental’ landlords – those who held onto homes they once lived in – and letting relief were all cut. The raid came as … Read more
The coronavirus lockdown has caused severe financial strain for millions of people across Britain, prompting unprecedented financial aid packages from the Government for businesses and individuals alike. While mortgage payment holidays of up to three months are being offered to both homeowners and landlords, who may struggle to keep up with repayments during the lockdown, … Read more
Revealed: Hundreds of thousands of landlords have sold up since George Osborne’s controversial tax changes were introduced There are some 222,570 fewer landlords now than in 2017, a drop of 8 per cent It follows the phasing out of mortgage interest tax relief for landlords The amount of rented homes available has remained broadly the … Read more
Ten tips for buy-to-let: the essential advice for property investors Our buy-to-let guide explains the essentials of property investment Regularly update guide explains how to assess investments and make a profit Learn about the best locations to invest in property, buy-to-let mortgages, rental yields and what tax changes mean for landlords and investors By Simon … Read more
Housing was a huge policy debate during the election and the private rented sector was no exception. Both major parties put forward proposals to shake up the sector and though landlords may be breathing a collective sigh of relief that they’ve been spared the prospect of Labour rent controls, many will still be braced for … Read more
The capital gains tax rule change that could cost accidental landlords thousands when they sell up Private residence relief to be cut from 18 months to nine months from next year The changes could affect over half a million landlords when they come to sell Government is also scaling back lettings relief By Will Kirkman … Read more