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NHS workers struggle as private rents become unaffordable claims Shelter

Shelter claims NHS workers are being priced out of the private rented sector.
According to the housing charity, in almost half (45%) of local authorities in England, renting in the private sector is unaffordable for newly qualified nurses.

Landlords see profits soar from downsizing “loophole”

A landlord’s buy-to-let flats sold for £1.15 million in 4 weeks, another in just 2 weeks for 18% higher than market value, and property portfolios performing at the same level of profitability as when we started in the rental sector 15 years ago: these…

Bank of England hold Base Rate at 4.5%

The Bank of England’s Monetary Policy Committee (MPC) Doves came out on top today, voting 8-1 to hold the Bank Base Rate at 4.5%. One MPC member voted for a 0.25% reduction in the rate.
This coincides with the US Federal Reserve’s decision yester…

Court lost documents and struck out case?

Hi everyone, I am in court for compensation against a tenant who is now thankfully evicted.
I have a judgment of debt, but I am pursuing a Charging Order securing the debt against a property he now owns.

More than 5,000 retrofits needed a day to meet EPC C targets costing landlords thousands

A video by the NRLA reveals that 5,000 retrofits would need to be completed every working day to meet EPC C targets.
The Energy Secretary, Ed Miliband, has announced that all private rented properties must meet Energy Performance Certificate (EPC) targ…

House and rent prices rise the most in the north of England

Strong buyer demand is seeing house prices surge in the north of England with Yorkshire and the west Midlands leading the way, Home.co.uk says.
Its latest index also reveals that rents in the north are also increasing ahead of London’s rates.

Estate agents back Rightmove’s call for stamp duty extension

Estate agents are lining up behind Rightmove in urging the government to extend the existing stamp duty relief thresholds.
According to a survey from GetAgent.co.uk, 86% of agents support extending the tax break to ease the burden on homebuyers naviga…

Larger homes fuel house price surge as flats fall behind

The popularity of larger homes has propelled UK house prices upwards by £10,431 in the past year, marking a robust 3.7% climb, Halifax data shows.
As borrowing costs softened with falling interest rates, buyers shifted their sights to bigger properties

‘Rentflation’ hits Gen Z to make homeownership difficult

Tenants aged 18-27 are facing soaring rents and many now fear homeownership is slipping further away as rising costs hurt their ability to save, Barclays reveals.
Its latest Property Insights report points to a phenomenon known as ‘rentflation&#8…

Disgusting Slur on Landlords by Leftwing Media

News that Britain’s landlords have increasingly moved from holding property in their personal names to limited companies has been slammed by one journalist as ‘widespread tax avoidance’.
Writing on the left-wing website, Novara Media,…

The Renters’ Rights Bill is not anti-landlord says KC

Many landlords are upset and concerned at the legal changes being brought in by the Renters’ Rights Bill. Some landlords take the view that the government is actively hostile towards landlords and that the bill is an exercise in malice.

Leading BTL lenders reduce mortgage rates

Two prominent buy to let lenders, Accord Mortgages and The Mortgage Works, have announced reductions to their BTL offerings.
The revamped ranges are aimed at a variety of borrowers, from those wanting short-term deals to others eyeing longer commitments.

Plans to extend Awaab’s law to Scotland’s PRS

As Awaab’s Law is set to be introduced in the social housing sector in Scotland, there are plans to extend it to the private rented sector, though one organisation has warned against regulations that could “impede landlords.”
The Scottish government ha…

Thousands of homebuyers risk missing stamp duty deadline

A surprising 71% of homebuyers with accepted offers will fail to meet the 31 March stamp duty deadline, a survey reveals.
The research from estate and lettings firm Benham and Reeves, highlights that sluggish conveyancing is the main reason slowing dow…

Landlord Action celebrates 25 years of supporting landlords

Eviction and housing law specialists, Landlord Action, is celebrating 25 years of operation.
Established in 1999 by founder Paul Shamplina alongside his original co-director, the business launched with a bold vision to overhaul property recovery and t…

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