Landlord news, features and discussions - Landlord Today
WEBProperty Management in 2024:…. Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
The Big Sell Off – tax threat forces landlords to rush to market
WEB5 hours ago · Coastal and rural areas have 40% more homes for sale than average – including second homes. Buyer demand is up 26% in a year, sales up 25% and house prices up 0.7%. Sarah Coles, head of personal finance at Hargreaves Lansdown, says it’s all down to a tax threat. “Owners are falling over …
Breaking News Archives - Landlord Today
WEBLandlord will be 97 when remortgage term ends – lender obliges. Written by: Graham Norwood. A 72 year old landlord has just remortgaged a semi-commercial property in London, with the lender agreeing even though the landlord will be 97 at the end of the repayment term. ... 25th September 2024.
First signs emerge of softening rental market as winter nears
WEB5 hours ago · Goodlord says that September’s figure of a comparatively modest 5.3% could provide the first indication seen in many months that prices are starting to soften. These figures, however, also vary intensely by region with some areas still recording far higher than average year-on-year rental increases. In the South West, for example, average ...
Capital Appreciation now running at highest for two years
WEB2 days ago · UK house prices in September were 3.2% more than a year ago – the fastest rate for nearly two years, says the Nationwide. The building society said that annual growth was the highest since November 2022, with terraced homes driving the increase. It said rising incomes and mortgage rate cuts were improving affordability for buyers.
Huge leasehold shake-up for landlords and other owners
WEBThe government claims that millions of homeowners in England and Wales will be given greater rights, powers, and protections over their homes as part of the most significant reforms to the leasehold system for a generation.
Shelter demands changes to make Renters Rights Bill tougher
WEB1 day ago · Shelter has outlined a series of changes it wants MPs to make to the Renters Rights Bill when it gets its Second Reading in he Commons, possibly as early as next week. It broadly welcomes the measures, regarding it as a distinct improvement – for tenants, anyway – over the Conservatives’ Renters Reform Bill. [The Bill] can open a new ...
Big rise in landlords reducing buy to let portfolios
WEBOne in five (20 per cent of) landlords plans to reducing their buy to let holdings according to a new survey. The Property Academy Landlord Survey 2023 result contrasts with that of a year ago, when just 13 per cent of landlords were going to reduce BTL holdings. The burden of legislation is the most common reason for selling up – cited by 22 ...
Mortgage Chiefs forecast better days for landlords in 2024
WEBMany landlords say they’re set to expand investments in 2024 despite facing up to 80 per cent higher costs in the next two years. The Intermediary Mortgage Lenders Association says many small scaler landlords with mortgages face the prospect of struggling to break even in the next two years, with their cost of borrowing soaring by an ...
Labour’s Renters Rights Bill – the government explains
WEBKey facts. – This Bill will reform the private rented sector, strengthening the protections for 11 million private tenants. This includes the 1.4 million households with dependent children and 444,000 households with over-65s privately renting. – Government data released in 2024 found that no fault evictions resulted in a record 25,910 ...