Barry’s story was written by the Mark Alexander back in December 2010. It has since been updated and re-published. The dates, times and people are fictional but the story is based on real life events.
It’s a modern update of the classic “A Widow’s story”, this time written as a cautionary tale for landlords and their families.
Continue reading Barry’s story – it could have been you!
A question that came up in conversation this evening whilst in the car on the way back from my fiancée’s offices was “which will rise first, interest rates or property values?” Have you ever asked yourself this question?
I know what you are probably thinking, “haven’t you got anything better to talk to your fiancée about”, right? Well I guess that’s what happens when you mix an accountant with a Masters Degree in international business finance and economics with a landlord, economist and former finance broker LOL !!! Seriously though, give it a go at the pub or over dinner, ask the question, it’s an interesting debate for anybody with any interest in property, whether they are landlords or not. Continue reading Property Values vs Interest Rates
Over the last 30 years UK property prices have achieved average compound growth of approximately 10% each year for all areas and all dwellings. Property investment is not a quick get rich scheme but most futures are made with time, not timing! It is a manageable asset which you can control; you can see it and touch it. With property you can look forward to both positive cash flow and capital growth. Continue reading What does the Future Hold for Buy to Let?
Government set to "not have time" for Landlord regulations
A proposal urging MPs to vote for tighter regulation of private landlords is likely to be booted out of Parliament due to lack of time.
The private member’s bill, promoted by the Labour MP for Sedgefield Phillip Wilson won 10 minutes of time, but is unlikely to win any further support. Continue reading MPs urged to vote for measures to curb landlords
HM Revenue and Customs is planning to flood the courts with criminal and civil cases against tax cheats after the first round of amnesties has closed.
The tax man has started 16 criminal investigations for tax evasion – six involving the medical profession and ten relating to failure to declare interest on offshore bank accounts.
Hundreds of civil cases to recover tax are in the pipeline. Continue reading HMRC starts criminal cases against tax cheats
The buy to let mortgage market is in a state of flux as key lenders have changed their criteria over recent weeks.
This weekend, Lloyds Bank effectively shut up shop to portfolio landlords with more than three properties.
From close of business Friday (September 24), the bank reshuffled buy to let mortgage products and lending criteria for wholly owned brands Cheltenham & Gloucester (C&G) and BM Solutions. Continue reading Buy to let lending restrictions hamper landlord borrowing. However, quality funding lines are well and truly open to landlords with substantial cash or equity reserves. Learn how to find out who’s lending but not advertising the fact
Switch on the TV or radio news, open the paper and log in to the internet and just about everyone is lamenting the price of a home.
First time buyers can’t afford to step on to the property ladder, families can’t afford to move and banks aren’t lending. Continue reading Who really cares if house prices fall? Are falling prices an opportunity or a threat and what actions should you be taking right now?