Tag: Stamp Duty
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More Landlords Selling Than Buying
Nearly 40% of landlords are planning to sell property – twice as many as those expecting to buy. That’s according to new research from BVA-BDRC. So, What Does This Mean for Property Investment? In a nutshell, the landscape for UK property investment, especially for would-be landlords, is quite shaky at the moment. While tenant demand…
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This Expert Believes House Prices Won’t Crash
House prices have dropped slightly, with many believing this is due to the rise in mortgage rates. But, Anthony Codling, a seasoned property expert, thinks mortgage rates aren’t the main factor. Key Numbers: Anthony Codling’s Views: In Simple Terms: While mortgage rates might be rising, they’re not the main driver behind house prices. Many homes…
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ONS – House Prices Rose by 1.7% in June
The Office for National Statistics (ONS) released its latest report on UK house prices, for the month of June 2023. Main Points On Twitter, Aimee North, Head of Housing Market Indices at the ONS, said, “Annual house price inflation, measured using final transaction prices slowed again in June, but the fall was gentler than we…
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Starting Your Own Development Company – Advice from Experience
Felix Cash is an experienced property developer who has built several companies. In Bytestart today he offers advice for people wanting to start their own business. Introduction 2023 has seen a spike in UK rent rates. This means that being in the property business can be profitable. Yet, setting up a successful property portfolio and…
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A Simple Guide to Buy-to-Let Mortgages
The Telegraph has published a guide to the way buy-to-let mortgages work, and how to apply for one. Here’s a summary – In a nutshell: Buy-to-let can be profitable, but it’s essential to be informed, consider tax implications, and seek expert advice when needed.
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The Threat To Short-Term Lets
LandlordZone website has published an in-depth analysis on what it believes could be threats to the UK’s short-term let market. The Shift in the UK Rental Market What’s Happening? The UK rental market has seen a significant move away from long-term renting to short-term or holiday lets like Airbnb. This might affect up to 20%…
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London Property Market Propped Up by Selling Landlords
Foxtons estate agents are saying that the London house market is being affected by the number of landlords who are quitting and selling their properties. Summary for Prospective Investors: In essence, London’s property market is currently being shaped by a complex mix of mortgage rates, government policies, and market behaviors. While there are challenges, informed…
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Retirement Living: An Exciting Investment Opportunity?
A new article in Property Reporter looks at the prospects in the Retirement Living market – Conclusion Investing in the retirement living sector appears to be an attractive and promising opportunity. The growing ageing population in the UK, coupled with a shortage of suitable housing, presents a unique chance for investors, developers, and funders. By…