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Mortgage broker launches online service for landlords to boost EPCs. Rental market stabilising in London says flatshare service. Another council launches licensing consultation. Estate Agent Today provides daily industry, Estate Agency, Property Market, Housing, Moving Home and Online Estate Agent News updates for the UK's letting agent community.
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Council pays landlords £500 to ‘match’ tenants to private lets. Written by: Graham Norwood. A council is offering a “free tenant matching service” with a £500 free gift ... 5th November 2024. No Comments.
Landlord survey reveals tax as biggest pre-Budget fear
Oct 30, 2024 · A new survey of buy to let landlords has identified their key worries and hopes ahead of today’s Budget and other government changes. Butterfield Mortgages commissioned an independent survey of 501 UK landlords. It revealed that 77% are concerned that the potential tax increases from the new government, such as Capital Gains Tax, could ...
Agency claims Budget has “a big win” for landlords
2 days ago · Without assistance, many landlords will face prohibitive costs, which could ultimately reduce the number of available rental properties.”. Elsewhere in LRG’s statement it plays down the impact of the increase in stamp duty on buy to let properties announced by Rachel Reeves: the surcharge rose overnight after the Budget from 3% to 5%.
Stable at last – rental market slows across the UK
1 day ago · Stamp Duty hike adds £4,000 to landlord costs – Nationwide. Nationwide says Rachel Reeves’ stamp duty hike will cost £4,000... The rental market is beginning to show signs of stabilising as rental increases are slowing. Rents rose 4% on average in the UK in Q3, which is the smallest year-on-year increase of 2024.
Renters’ Rights Bill published today - what it means for landlords
The Government has confirmed plans to ban no-fault evictions and in-contract rent increases as it prepares to present the Renters’ Rights Bill to Parliament today. The Bill will abolish Section 21 ‘no-fault’ evictions for new and existing tenancies and will also end blanket bans for those on benefits or with children.
Landlords’ lot – soaring costs and confusing legislation
Oct 25, 2024 · A new report from landlord insurance provider, Simply Business, reveals an uncertain future for the UK rental market, as landlords struggle to navigate an onslaught of confusing legislation and soaring costs. The report, which surveyed nearly 2,000 landlords across the nation, lifts the lid on how landlords are feeling about the year ahead.
Big rise in landlords reducing buy to let portfolios
One in five (20 per cent of) landlords plans to reducing their buy to let holdings according to a new survey. The Property Academy Landlord Survey 2023 result contrasts with that of a year ago, when just 13 per cent of landlords were going to reduce BTL holdings. The burden of legislation is the most common reason for selling up – cited by 22 ...
Huge leasehold shake-up for landlords and other owners
The government claims that millions of homeowners in England and Wales will be given greater rights, powers, and protections over their homes as part of the most significant reforms to the leasehold system for a generation.
Experts Give Deep Dive into Renters’ Rights Bill Legal Implications
Lawhive’s legal experts have analysed the potential legal consequences of the Renters Rights Bill and its implications should it become law. The Legal Implications of Banning “No-fault” Evictions. “The ban on “no-fault” evictions, which would abolish Section 21 evictions, fundamentally alters the balance of power between landlords ...