All posts by Property118.com News Team
Cheating landlords set to go on tax black list for five years...
Tax cheating landlords are set to go on a ‘black list’ for up to five years as HM Revenue and Customs puts their financial affairs under increased scrutiny.
Britain’s property wealth belongs to the over 45s...
Most of Britain’s £4 trillion of housing wealth is locked in homes belonging to the over 45’s while young adults face increasing difficulties in climbing on the property ladder.
Registration and commenting problems fixed...
We would like to apologise to our registered users about the teething problems that we’ve been having with our registration and commenting functionality. In the main, these are now fixed but we...
Students want star ratings for buy to lets...
Students are asking housing minister Grant Shapps to introduce a star rating system for buy to let homes.
Hundreds of students in Shapp’s consituency of Hatfield have complained about shoddy properties...
Buy to let rents waver as more homes hit market...
Buy to let rents have dropped slightly for the second month running as landlords offered more homes to let.
The average rent in England and Wales wavered down by an almost imperceptible 0.3% to £682 a...
Bank of England Credibility Crisis?
Wrtten by Neil Patterson – Partner of The Money Centre, following his visit to a meeting at The National Skills Academy in Norwich for The Bank of England Quarterly Regional Inflation Report.
Do...
House builders ready to move in to buy to let...
Britain’s leading house builders are looking at changing their business models by moving in to buy to let as buyers struggle to raise mortgages for new homes.
Barratt Developments – the biggest...
Chancellor urged to cut VAT on building work in Budget...
Buy to let landlords could benefit from a cut in VAT on repairs and maintenance if Chancellor George Osborne heeds a plea to boost the struggling building sector.
Property organisation the Royal Institution...
Bank of England inflation report released today...
A PDF of the Bank of Englands February inflation report can be downloaded here...
Housing supremos pledge support for first time buyers...
Housing Minister Grant Shapps wants key players in the housing sector to join together to help first time buyers find homes. House builders, lenders, insurers, councils and consumer groups turned up...
Retailers closing up shop on Britain’s high streets...
Retailers are shutting up shop in Britain’s high streets and many of the doors may never open again for trading. New data shows town centre business rates for shops are surging, with shopping ‘black...
Buy to let bargains for sale as sellers cut prices...
Investment opportunities for buy to let landlords look good as mortgage availability increases and asking prices for homes continue to fall.
Blue Force Property firm collapse could cost soldiers millions...
The Blue Force Group – including Blue Force Property and Blue Force Services have collapsed holding cash for soldiers that could run in to millions. Many of the soldiers with cash on deposit with...
What happens to gear left behind when tenants do a runner?
Tenants often skip their rented home leaving behind old furniture or other belongings that are broken or too heavy to move, leaving the landlord to sort out the mess behind them.
Mortgage availability is as good as it gets for a while say lenders...
Mortgage lending seems to have bottomed out in 2010 after plunging from £362 billion at the top of the market in 2007 to £77 billion last year.
Revealed – how property was crippled by the recession...
New figures from the government show how the banking crisis and recession crippled the housing market.
In 2008/09 – the latest figures available from the Office of National Statistics (ONS) – only...
Buy to let market expanded by 7% in 2010...
The truth is finally out about how the buy to let market performed in 2010 as the Council of Mortgage Lenders (CML) has released the latest loan figures for property investors.
The figures confirm the...
HMO no-go zones branded ‘social engineering’...
Neighbourhood no-go zones for houses in multiple occupation are spawning some unholy alliances between former property letting adversaries to fight their local councils.
More and more councils are announcing...
Bragging letting agents advert is banned...
A property agent has had a newspaper advert banned for bragging the firm rented more properties than most.
The Advertising Standards Authority ruled the advert was misleading because the firm could not...
Homes sales have slowed again, say estate agents...
Home sales slipped to the lowest level for 18 months as estate agents reported a poor month of trading.
Fewer sellers put their homes on the market while buyers are holding off because of worries about...
Tax green light for energy efficient landlords...
Buy to let landlords who want to demonstrate their green credentials can save tax and keep their tenants happy while upgrading energy efficiency.