“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.
Read MoreTag: finance
Is buy-to-let getting too hard?
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
Read MoreHow buy-to-let landlords selling up can recoup capital gains tax AND boost their pension in one move
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.
Read MoreMortgage AND rent paid by almost half of first time buyers
Some 45% of first time buyers have to pay both rent and mortgage payments at the same time because they cannot align the end of their rental contract with the purchase of their new home.
Read MoreFirst-time buyers face a decade of saving for a deposit
The average first-time buyer would have to save half of their earnings for almost a decade to afford a deposit, new analysis by the Home Builders Federation (HBF) has revealed.
Read More‘I’m Selling 35 Homes’: Landlords Struggling, but Public Says ‘Good Riddance’
It’s a tough time for landlords, with new legislations, CGT tax rises, incorporation challenges, EPC requirements, The Renters Rights Bill and mounting financial pressures, there’s no surprise that many landlords are looking to sell.
Read MoreIs Buy-To-Let Still Worth It?
Higher borrowing costs, a reduction in tax relief on additional homes, plus more stringent requirements for landlords under the new Renters’ Rights Bill, are combining to take much of the shine off buy-to-let as an investment.
Read MoreBase rate held – but with mortgage rates falling, should you fix now or wait?
Fixed-rate mortgage deals have gotten cheaper in recent weeks – and brokers say rates could still come down a bit more, despite the Bank of England’s decision to hold the base rate at 5%. So what, if anything, should you do about it?
Read MoreOverwhelmed! Experts fear worse court delays after Labour rent reforms
Legal concerns continue to mount following the launch of Labour’s Renters Rights Bill, with growing worries about how the court system will cope.
Read MoreBill to ban landlords in England from rental bidding wars
Landlords in England will be banned from renting out their properties for more than the advertised price under reforms set out by the government on Wednesday, as ministers seek to stop expensive bidding wars.
Read More