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First-time buyer numbers surge in 2024

First-time buyers are a driving force in the housing market this year, making up a record one-third (33%) of all purchases in Great Britain during the first quarter, Hamptons reveals.
This marks a significant jump from 29% in 2023

Paragon Bank and Foundation unveil new BTL products

Paragon Bank has introduced new mortgage options for experienced landlords looking to expand their buy to let portfolios with a range of five-year fixed-rate products with both low fees and competitive rates.
These new BTL deals are specifically design…

Tame the Tax Beast: How property management Software Makes HMRC Happy (and You!)

Tax season. Just the mention of it sends shivers down the spines of many landlords.  Paperwork piles up, receipts get lost, and the looming deadline of filing with HMRC creates a whirlwind of stress.
But what if there was a way to transform tax season …

Landlord warns: “Sell now” as headlines encourage Government measures for a further reduction of the private rented sector

In a worrying turn of events this week, The Guardian reported alarming news for landlords who might still be holding on to their property portfolios.
It heralded “The end of landlords” with the suggestion that the Government should start to veer toward…

Property investors turn to trade press amid economic uncertainty

Property investors in the UK favour trade publications over advisors when making investment decisions, research reveals.
The study of 2,000 adults by Market Financial Solutions (MFS) reveals that 16% hold property investments.
The investors have intere…

The End of Multiple Dwelling Relief: How Property Investors Can Adapt

In this video, join Ranjan Bhattacharya to discover the latest developments from the Spring Budget that have sent shockwaves through the property investment community – the abolition of Multiple Dwelling Relief.
Join him as he explores what this…

Landbay cuts interest rates for HMO and MUFB properties

Landbay has unveiled a reduction in interest rates for its five-year fixed loans, specifically targeting houses in multiple occupation (HMO) and multi-unit freehold blocks (MUFB).
The revised rates start at 4.89%, marking a fall of up to 0.25%.

Will rents keep rising?

Join Ranjan Bhattacharya as he delves into the burning question of 2024: Will rents on buy-to-let properties continue their upward trajectory?
In this video, he dissects the factors driving the increase in rents and provides valuable insights into the…

Removal of FHL – One man’s poison is another man’s meat. How will it affect you?

The changes in Serviced Accommodation will impact different people in different ways. To some, it will provide advantage, for others it will be time for change.
The changes are threefold:
1) Removal of FHL means the income for those who own in personal…

How FHL abolition will impact UK holiday let owners

Landlords and owners operating furnished holiday lettings (FHL) may still be reeling from Chancellor Jeremy Hunt’s announcement in the Budget that tax relief will be abolished from 6 April 2025.
Now tax accountants BDO have revealed what the fina…

Do empty properties benefit from reduced VAT rate on building works?

Hello, my question is about HMRC VAT Notice 708 and specifically section 8 empty properties. Properties empty for 2 years benefit from a reduced VAT rate on works. 5% rather than the usual 20%. >> https://www.gov.uk/guidance/buildings-and-const…

Book your tickets now for National Landlord Investment Show

A popular event for landlords is returning for its first show in 2024.
The National Landlord Investment Show returns to Olympia London on 6 March 2024 bringing together thousands of landlords and property professionals.
The jam-packed show now in its …

First-time buyers take the lead as house prices set to dip

House prices in England and Wales look set to fall by 3.6% during the first quarter of 2024, according to new data.
The comparison website Reallymoving reveals property prices will fall from £323,594 in  2023 to £311,936 in the first quarter of 2024.

Opportunities for UK property investors in 2024

Join us for a live talk from The Baker Street Property Meet with renowned property expert, Andrew Roberts, as he shares invaluable insights into the dynamic landscape of the UK property market in 2024.
From emerging trends to unique investment opportu…

Newbie to PRS?

Hello all, I am in the incredibly lucky position to soon have about £390k in cash, so no mortgage is needed. I want to invest and buy a flat in London and rent it out.
I would like to ask for advice.

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01603 741900
info@gracecharlesinvestments.com