Landlords are increasingly choosing to convert their properties into HMOs in response to tax hikes. According to lender Roma Finance, more and more landlords are turning their buy-to-let properties into Houses in Multiple Occupation (HMOs) with a view to boosting rental yields. In 2016, more landlords looked to convert their properties into HMOs than in […]
More landlords converting to HMOs Read More »
Would you, as a landlord, want your property fully managed? To experienced landlords this will seem a pointless question with only one answer. However, there are many people who believe they can manage the letting of their property and see it as a way of saving money. These people are usually new to the lettings
Why a landlord should have their property fully managed Read More »
The Borough of Westminster’s Eaton Square has been named the most expensive street in England and Wales. Located in London’s sought-after Belgravia district, the average property price is listed as being over £16 million, according to research from Lloyds Bank. Eaton Square and the wider Belgravia area has long been a magnet for international buyers
Eaton Square named UK’s most expensive street to buy property Read More »
[vc_row][vc_column][vc_column_text] Britain’s two million landlords have had to swallow a lot in recent years. Higher taxes for landlords will be phased in from April 2017, while the extra 3% stamp duty surcharge (introduced in April 2016) on second homes and the abolition of the wear and tear allowance have left many landlords reeling. But now,
What the Bank of England’s new buy-to-let lending powers mean for landlords Read More »
In the past, when life was less frantic than it is today, many people enjoyed long-term relationships with professional people who they relied on for expert help and advice in their various professions. Doctors and solicitors were two of the professions that enjoyed long-term relationships with their patients. In the days before large medical and
How having a long-standing relationship with your estate agents can prove beneficial Read More »
Government intervention has failed to discourage landlords from investing in buy-to-let. According to new data from HMRC, the buy-to-let sector is as buoyant as ever despite a wave of government measures designed to reduce the appeal of investing in buy-to-let properties. Such measures include the 3% stamp duty surcharge, introduced in April of this year,
Demand for buy to let lending on the rise Read More »
Some cash-rich buyers thinking of buying or selling a London property including in the Westminster and Pimlico areas have been considering dispensing with the services of a Solicitor to handle the conveyancing. If you are a person who is familiar with legal jargon, have plenty of time on your hands and don’t mind ploughing through
[vc_row][vc_column][vc_column_text] Should I switch to a Repayment Mortgage? Many people who are looking to switch from their existing mortgages to a repayment mortgage currently have an interest-only mortgage. First time buyers or buy-to-let investors are likely to have opted for an interest-only loan at the outset because the relatively low payment of interest appears very
Why you should seriously consider switching to a repayment mortgage Read More »
New rules regarding Section 21 notices come into force today, as part of the Deregulation Act 2015. This part of the legislation has been introduced with the aim of preventing ‘Revenge Evictions’ e.g. a landlord giving notice to a tenant, following the tenant reporting a problem with the property, rather than paying to have the
New Section 21 Rules – Effective for all New Tenancies starting from 1st October 2015 Read More »
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