Category: Buy To Let
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Stealth Tax – Homeowners Pay More for Lodger Income
Homeowners in the UK who have opted to take on lodgers are finding themselves caught in a tax bind. The cost of living, including mortgage rates and rents, has sharply risen, yet the government’s tax relief for such homeowners has remained largely unchanged. This disparity is leading to increased financial pressures for those who rent…
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Are City Flats Becoming a Top Investment Choice for Landlords?
Recent research from Shawbrook Bank shows on a fascinating trend: landlords are showing a growing preference for city flats. This shift aligns with the changing patterns of living post-pandemic. As offices reopen and people move back to cities, the demand for urban flats is on the rise. Key Findings: This trend is a clear indication…
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Landlords Shield Assets from Rising Rates, Set Up Record Number of Companies
Landlords across Britain have been rapidly setting up limited companies to manage their buy-to-let properties. This move is seen as a strategy to protect themselves from the financial strain of higher interest rates. According to the latest data from Hamptons, a record-breaking 50,004 new limited buy-to-let companies were established in 2023, a 3% increase from…
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83% of Landlords Report Breached Agreements
83% of landlords have reported breaches in tenancy agreements. This data emerges from a comprehensive survey conducted by Direct Line, which involved 500 landlords during October and November of the previous year. The findings indicate a significant challenge in the landlord-tenant relationship, with a variety of breaches being commonplace. Common Breaches and Their Consequences The…
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Rents Will be a Balancing Act for Landlords in 2024
Rightmove, a leading property platform in the UK, has recently released predictions indicating that landlords will face significant challenges in setting appropriate rent prices over the next year. This comes as the number of rental properties experiencing a decrease in asking rents has risen noticeably. Recent Trends in Rental Market In the latter part of…
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Couple Invests £850k in More BTL Properties Amid Market Exit
In 2014, Claire and Simon Hancott’s journey into the world of property investment began modestly. Interviewed in Inews today, they tell how they sacrificed luxuries, eating baked beans on toast for three weeks, to scrape together enough for their first buy-to-let property. Fast forward to today, they boast a portfolio of 12 rental properties and…
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North East a Goldmine for Budget-Friendly Property Investments?
A recent analysis by Molo, a mortgage lender, has highlighted the North East as a standout area for investment potential. This region is home to four of the top five most affordable regions in England and Wales, each offering strong rental yields. Hartlepool and Stockton-on-Tees Leading the pack are Hartlepool and nearby Stockton-on-Tees. Here, you…
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2024 Predictions for Landlords – Rising Rents, Mortgage Rates, and New Laws
2024 is shaping up to be a year of significant change for UK landlords. From rising rents to the implementation of new laws, landlords are facing a landscape that’s both challenging and evolving. Let’s break down the key aspects that landlords need to be aware of in the coming year. Mortgage Rates Increase Landlords have…
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Birmingham Leads the Way in Rental Yields
If you’re on the hunt for properties with strong rental yields, set your sights on Birmingham. This bustling city isn’t just a cultural hub; it’s now the go-to destination for savvy property investors. A recent study by Molo, a tech-driven mortgage lender, has spotlighted Birmingham as the top city for rental yields in the UK,…
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UK Landlords Keep Faith in Property Despite Political Uncertainty
A recent survey conducted by Butterfield Mortgages has brought to light an interesting trend among private landlords in the UK. Despite facing political uncertainty and fluctuating policies, a significant two-thirds of these property investors remain hopeful about the future of their investments. This optimism shines through despite the various challenges they encounter, particularly in the…