UK Mortgage & Property Related News
Rightmove’s Speed of Market Tracker reveals that Carluke in Lanarkshire is Great Britain’s fastest-selling market this year, with sellers in the area finding a buyer in an average of 15 days.
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The barrage of criticism, legislation and tax burdens aimed at landlords has resulted in almost half either actively leaving the rental sector, or considering doing so.
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A council has been forced to refund more than £2,800 to a landlord after a Tribunal ruled in his favour.
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Labour’s anti-landlord stance will hurt tenants, claims an industry boss.
Purplebricks’ chief executive, Sam Mitchell, told The Telegraph that Labour’s proposed tax hike rumours have fuelled anxiety in the property market.
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Buy-to-let landlords are being hit by higher interest rates, higher costs and a less friendly tax regime.
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“A bit more aggressive”. Four words from Andrew Bailey have tipped financial markets to now price in an interest rate cut at the Bank’s next meeting on 7 November, sending the pound tumbling as a consequence.
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Tom Entwistle gives his tips on surviving and thriving in the buy-to-let business after the new bill becomes law.
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It’s a strange conundrum. While it might seem logical to try to get more landlords competing to drive down renting costs, it seems like the new government is happy to make things more difficult for landlords
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Although the Bank of England has held its base rate steady, lenders are getting ahead of the competition leading to falling buy-to-let mortgage rates.
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With the Autumn Budget looming large in the minds of landlords, some have decided to sell up in order to avoid higher costs now and a possible capital gains tax raid in future.
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