The 23rd June referendum on whether the UK should leave the European Union or not is looming. Uncertainty over the future is likely to make buyers and sellers cautious pre-referendum – you may recall the property market slowed right down ahead of the General Election, particularly in affluent areas where many were concerned about the […]
Read MoreProperty experts and economists have predicted that the 2013 residential property forecast for the UK is going to remain much the same as last year. This is good news for all property investors, who are able to get finance, but not welcome news for struggling first time buyers as the UK residential property market remains […]
Read MoreSavill’s Estate Agents, have released a report which is sweet music to every UK property investors’ ears: Private Rented Sector (PRS) rents are likely to rise by 20.5% between now and the end of 2016. Additionally, it is estimated that 20% of all UK households will be in the Private Rented Sector, securing growth and […]
Read MoreThe number of properties purchased using Buy-To-Let mortgages increased by 84,000 during 2011, increasing the supply of suitable Private Rented Sector (PRS) housing according to the latest data released by the Council of Mortgage lenders (CML). During the last quarter of 2011 a total of 34,800 Buy To Let mortgages, including 15,600 remortgages, were granted […]
Read MoreThe 2012 Budget may have affected a small number of millionaires using offshore companies to avoid Stamp Duty, but, accountants say thousands of buy-to-let landlords could be sitting on a “tax timebomb”. Many UK landlords now face paying two years tax liabilities during the next six months, creating a cashflow crisis after years of lightly-taxed […]
Read MoreThe Council of Mortgage Lenders, (CML), think the coalition Government’s Chancellor of the Exchequer, George Osborne should be doing more to encourage institutional investors to take a stake in Buy To Let property in the upcoming Budget. The Council of Mortgage Lenders are the trade body for all the UK’s major bank and building society […]
Read MoreFigures released this week by a UK property association, have shown the average length of a tenancy in the UK private rented sector (PRS) has increased to around 19 months. The vast number of people now renting in England has increased by a dramatic 56% since 2004, which now accounts for over 20% of all […]
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