Industry bodies have blasted the Welsh labour government over raising stamp duty for landlords and second homeowners in the Welsh Budget. Former First Minister and now Finance Secretary, Mark Drakeford, has announced a 1% increase in Land Transaction Tax (LTT) on additional properties, which is the Welsh equivalent of stamp duty. The NRLA warns the […]

The cost of renting a home has surged since the Covid lockdowns, rising from £12,000 annually in 2021 to £15,240 this year – a 27% increase. However, rising rent has outpaced the growth in earnings, which stood at 19% over the same period. The data comes from Zoopla’s latest Quarterly Rental Market Report which highlights […]

The number of tenants facing homelessness due to landlords selling up has soared by a third since the end of last year, the National Residential Landlords Association (NRLA) reveals. It says that between October and December 2023, 5,400 households in the private rented sector (PRS) in England were forced to seek council support after their […]

Rent and mortgage spending reached a 14-month high as more homeowners focus on improving energy efficiency in their homes for winter, according to Barclays. According to Barclays Property Insight report, rent and mortgage spending grew 8.2 per cent year-on-year in November reaching a 14-month high. The report also reveals a quarter of homeowners (25%) are […]

Thousands of people across England and Wales are facing the prospect of homelessness in the lead-up to Christmas, new figures reveal. Analysis from Tlyfe, a tenant app, and Benham and Reeves, the lettings and estate agency, paints a grim picture of the PRS and owner-occupier markets. Tlyfe’s data indicates that around 2,425 tenants are expected […]

Mortgage rates remain a big barrier to first-time buyers in the UK, research reveals. The Mortgage Advice Bureau says that two in five (42%) first-time buyers believe that mortgage rates will make it harder to purchase a property. And more than a quarter (24%) worry that rates won’t drop fast enough for them to afford […]

While the UK’s house prices continue to rise, income growth has lagged, making homeownership a distant dream for many, data from the Office for National Statistics (ONS) shows. Using figures for the financial year end of 2023, the issue of buyer affordability in England is particularly dire, it reveals. That’s when the average house price […]

Hello, I have recently terminated the landlord agreement with a letting agent in Kent, due to poor service etc. We agreed a financial settlement to end the relationship. The letting agent agreed to release all the documents including the tenancy agreements, tenant contact details, keys etc to the new letting agent, immediately (their words). In […]

Renters across the UK are growing increasingly concerned about their ability to pay rent with a surge in online searches related to rent arrears. Data from Zero Deposit reveals there has been an 8.6% increase in Google searches for ‘rent arrears’ over the past three months. There has also been a 3.7% uptick in searches […]

Despite the Labour government claiming there is no evidence of a landlord exodus, the English Private Landlord Survey shows a rise in the number of landlords leaving the sector. The survey reveals that in 2024, 31% of landlords were more likely to say they planned to reduce the number of properties or sell them all, […]

Hello, My property has just been inspected by the local council after my tenant complained about some issues regarding damp. Prior to the council issuing their report I wanted to provide them evidence that supports my assertion that the problem is being caused by the tenant themselves. This would include emails and chat messages between […]

Precise and Fleet Mortgages have both announced significant interest rate reductions on their buy to let products. Precise, part of the OSB Group, has introduced a sub-4% BTL product, catering to both first-time buyers and landlords. Key features of the new BTL products include: Tiers 1-3: Rates starting from 3.99% with a 5% fee HMO […]

2025 is shaping up to be a golden opportunity for commercial property profits. Discover why market conditions, government policies, and shifting retail landscapes are creating the perfect storm for savvy investors. Expert property investor John Howard shares invaluable insights on why commercial property could outperform residential investments in 2025. Learn about the key advantages, including […]

Buyer demand continues to rise across UK cities, as stamp duty thresholds are set to end next year. According to estate agent comparison website, GetAgent, 45% of homes currently listed across Britain have either had an offer accepted or are under offer subject to contract. This marks a 5% increase compared to the start of […]

The imbalance of supply and demand is returning to normal after five years of soaring levels. According to SpareRoom, supply and demand levels are now beginning to fall back to pre-pandemic levels. The flat-share website suggests this drop could signal a positive start for the property market next year. People moving post-pandemic The data from […]

I own a property in Dorset which has now been on the market for 5 years since my tenants had to move out due to bad mould and damp caused by a leak in the roof that was giving them health problems. As I am not able to re-let the property, as it is F […]

Tenants on the brink of retirement are the fastest-growing group of private renters in England, research reveals. According to an analysis by Paragon Bank, the number of households headed by individuals aged 55 to 64 rocketed by 66% between 2014 and 2024, reaching 492,000. Those aged 65 and over followed closely, with a 33% increase […]

Deciding whether to buy a buy-to-let property with cash or a mortgage is one of the big decisions you’ll face when starting out in property investing. While buying in cash may seem like the safest and simplest option, it’s not what most investors do. The real power of property investing lies in leveraging your money […]

Hello everyone, I am thinking of incorporating a house which is jointly owned by myself and my wife. We have a limited company that already holds a few HMO properties. The house was bought around 10 years ago for £125k and it has not increased in value since then according to Zoopla. Going on average […]

News that more than half of landlords in England put up the rent for a new tenancy this year has led campaigners to urge the government to deal with rent affordability. The call comes from the Renters’ Rights Coalition which points to the publication of the ‘English Private Landlord Survey‘ last week. The government survey […]

The government’s ambition to remove unsafe cladding from buildings by 2029 has been welcomed by Propertymark – but it is concerned about the pace of remediation. It is also worried about the clarity of responsibility for remediation works. Building Safety Minister Alex Norris warned building owners last week that they could face jail if they […]