The housing market seems to have shaken out the inflation excesses of the boom period of a few years ago.
Estate agents, builders and lenders are all reporting a stable level of activity, even though this may be constrained for property investors looking for profits from capital growth. Continue reading Property investors to see 9.6% returns by end of 2010. Information acquired from various sources including Halifax, Nationwide, IMD and NAEA
Buy to let mortgage borrowers can breathe a sigh of relief for another month as the Bank of England’s Monetary Policy Committee has voted to keep the official bank rate steady at 0.5%.
The decision means the bank rate has remained at the record low of 0.5% for 18 consecutive months since March 2009. Continue reading Bank of England pegs interest rate at record low yet again. That’s 18 months in a row but what does this mean for landlords?
More and more investors and landlords who have not owned up about their property profits are under scrutiny from the taxman.
The first indication you are under investigation for unpaid tax is often a benign ‘compliance check’ letter through the door. Continue reading Handling a property tax compliance investigation or “compliance check”. Our specialist tax and accountancy partner provides useful insight and guidance
A landlord group has responded to the government’s challenge to identify changes to the law that would make running a business easier.
The Residential Landlords Association (RLA) has responded with suggestions that they say would revitalise the private rental sector.
Top of the list is carrying on with self-regulation rather than resurrecting the old government’s proposal to introduce a licensing and registration scheme in England and Wales. Continue reading Don’t regulate landlords any more, urges Residential Landlords Association (RLA).
Almost 50% of tenants evicted by private landlords find themselves on the street because they do not pay their rent.
The other main cause of friction between landlords and tenants is antisocial behaviour, with 23% of landlords reporting this as a cause for eviction.
The figures come from two sets of recent research by the National Landlord Association (NLA). Continue reading 50% of evicted tenants didn’t pay their rent