News Updates

Chancellor to maintain current Capital Gains Tax rules for landlords Chancellor John Healey is expected to leave Capital Gains Tax unchanged in the upcoming Budget, despite calls from the National Residential Landlords Association for reform

Major lender changes Buy To Let loan criteria for landlords Skipton International has updated its buy to let mortgage criteria, increasing maximum loan-to-value for limited company borrowers and lowering minimum loan sizes. These changes affect

Northern Ireland market shows strong growth and rental demand Northern Ireland’s housing market has seen average prices rise by 3.6% over the past year, with several council areas experiencing double-digit growth. Rental demand remains high

Tax cuts on buy to lets could ease property sales backlog A property lawyer suggests reducing Stamp Duty on additional properties, mainly buy to lets, could help clear the current backlog of unsold investment homes

Renters Rights Act reshapes landlord market dynamics in London The Renters Rights Act is impacting landlord behaviour in London, with lettings agents reporting changes in sales and lettings activity as landlords adapt to new tenancy

Expat Buy To Let Mortgages Show Higher Rates on Smaller Deposits British expats investing in buy-to-let properties face an unusual mortgage rate pattern where smaller deposits lead to lower repayments, reversing typical lending expectations as

Letting agency owner sells business to local rival to focus on family Leo James Property, a Whitchurch-based lettings and sales firm, has been sold to local competitor Dourish & Day. The owner, Leo James, will

Managing agent fined for ignoring fire safety correspondence A managing agent and his company have been fined after failing to respond to fire safety enforcement actions following a serious fire incident in Hastings. The case

Periodic tenancies prompt landlords to consider selling properties The Renters Rights Act has led many landlords to request sales valuations when tenants serve notice, as new tenancies cannot be ended for sale within the first

BBC Panorama exposes rogue managing agents exploiting housing benefit BBC Panorama has revealed managing agents in the Supported Exempt Accommodation sector exploiting welfare benefits, with thousands affected in Birmingham. Despite regulatory efforts, poor providers continue