In just the past few days, articles published by the likes of Business Insider and Property Wire have claimed that foreign investment in London property is booming. According to Business Insider, Chinese investment in commercial property is at an all-time high, with much of it coming from Hong Kong, while according to Property Wire, buyers […]
Brexit won’t damage London’s global dominance, Property Director says Read More »
April 2017 has already passed, and the changes in the tax regime which the government had promised for that date have not yet come into force. But the government has made it clear that they will come into force, and will be backdated. What is in question here is Inheritance Tax (IHT). Until the contemplated changes come into force, it was
How tax changes affect landlords domiciled outside the UK Read More »
Westminster is offering some of the best returns for property investors at present, with house prices expected to increase by 31.9% by 2021. According to new research from Barclays, Westminster is an excellent investment destination, and it predicts a 5.70% average annual increase. Such an increase is good news for prospective investors looking for strong
Westminster offering the best returns for buy-to-sell investors Read More »
[vc_row][vc_column][vc_column_text] An interest to try kayaking, sailing or powerboating might compel you to look for training opportunities closer to the coast, but you don’t need to venture that far. Westminster Boating Base (a stone’s throw from Pimlico tube station) offers training to those who want to master kayaking, canoeing, dinghy sailing, or powerboating. Westminster Boating Base is an independent charity which provides
Spotlight on: Westminster Boating Base Read More »
Landlords are being advised to look on tenants as customers if they are to take full advantage of the growing rental market. With tenants renting for longer, good customer service from a landlord is a key issue for tenants. A survey carried out by property technology firm, Engage, reveals that poor communication is one of
Customer service important for tenants Read More »
Buy-to-let mortgage rates are continuing to fall in what is a real boost to investors. The majority of ‘mainstream’ buy-to-let mortgage products have seen rate reductions in the last three months, according to new research from mortgage technology provider, Mortgage Brain. For some buy-to-let mortgage products, the loan to value has dropped by 4% when
BTL mortgage rates continue to fall in boost to investors Read More »
Property prices have risen faster in the City of Westminster than any other borough over the last five years, with the exception of the Royal Borough of Kensington and Chelsea. According to a new report, since 2011, property prices in the Westminster borough have risen in cash terms by £200 per day, while property prices
Westminster borough sees highest property prices rises Read More »
Landlords are more concerned by tax changes and the economic climate and less worried about Brexit, at least in the short-term. 41% of landlords surveyed said they were more worried in the short-term by the tax changes, and what impact these might have on their profits. One of the tax changes being introduced is to
Brexit not as bad as tax changes, landlords say Read More »
Buyers are not setting aside enough money when they buy their first property, falling short when budgeting for costs such as stamp duty fees. According to new research, a half of first-time buyers do not budget enough to meet the costs involved in climbing on to the property ladder. The cost of valuation fees, survey
First-time buyers underestimate how much they need to budget Read More »
It’s no surprise that landlords are reportedly calling on the government to backtrack on changes made to mortgage interest tax relief. According to the Paragon Mortgages Q2 2017 PRS Trends survey, nine out of ten landlords want the changes scrapped, and this was the issue which meant the most to landlords. The changes, which affect
Scrap mortgage interest tax relief changes, landlords say Read More »
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