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BTL owners can save on taxation stress with new advice
For anyone who gets themselves a buy-to-let mortgage to purchase homes with the intention of leasing them out to tenants, the main goal is to make sure that they bring in the biggest income possible. In recent times, though, many have found themselves fretting over the money they are bringing in, with HM Revenue and Customs (HMRC) repeatedly issuing warnings that it is ...
9th Apr 2013
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Sellers: With Help to Buy expansion, you can dream again
In the past few years, people who have been living in their first purchased home have come to feel trapped there, unable to find a buyer for their own property or looking at a cost that is simply too much for a potential move. These are issues that affect many people across the UK property market, with 61 per cent of those in their initial home telling Lloyds TSB recently ...
9th Apr 2013
Property news archive
.jpg "Housing sales rise to 3-year peak, reports Rics")
Housing sales rise to 3-year peak, reports Rics
The government's Funding for Lending Scheme (FLS) and its other initiatives are continuing to have a sizeable and strong impact on the whole of the UK property market, a new survey conducted by the Royal Institute of Chartered Surveyors (Rics) said. The organisation questioned its own agents on how well the sector performed throughout March, and it discovered that the ...
9th Apr 2013
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Weather is clearing up: Get out and start selling
For the first few months of 2013, there has been a level of intent and a real positivity about the UK property market that has unfortunately been dampened by the weather, with the rain, sleet and snow hitting the majority of us, leaving us with homes that look dreary and keeping buyers in the comfort of their own houses. The good news, though, is that the conditions are, at ...
8th Apr 2013
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Tenants feeling the pinch: Know how to help
A larger number of people across the UK are now falling into financial troubles with regards to their rental payments according to a newly released report from LSL Property Services. If you are a landlord, this can be a troubling thing to deal with, as you have to think of your profits as well as covering the monthly costs of your buy-to-let mortgage. Many people think of a ...
5th Apr 2013
.jpg "Tenant arrears on the rise")
Tenant arrears on the rise
The number of people living in buy-to-let accommodation across the UK who have fallen into arrears with regards to their rental payments is on the rise, a new report has shown. According to the findings of LSL Property Services, the number of tenants who are in 'severe arrears' has jumped by 4,000 households to reach 94,000 in the first three months of 2013. This ...
5th Apr 2013
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Looking to get on the ladder? Know where to look
With the government having brought in a number of different initiatives over the last two years that it is looking to use to help boost home ownership and the UK property market as a whole, more people than ever will be looking to get their hands on a home to call their own. However, with this desire will come the need to find something that is both attractive and ...
4th Apr 2013
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House prices to rise to new peak in 2014
The price of buying properties for sale in the UK is set to rise over the course of the next two years, eventually taking them to the highest level ever. The peak of the UK property market was last seen in 2007, when the cost of buying hit a high before the recession sent the sector tumbling, from which it has been struggling to return ever since. But now the Centre for ...
4th Apr 2013
.jpg "Volume of mortgage approvals falls as lending grows")
Volume of mortgage approvals falls as lending grows
New figures released this week by the Bank of England (BoE) have shown that the number of mortgage approvals in the UK has seen a drop in February of 2013. While the overall lending level grew, a fact backed up by the Building Societies Agency (BSA) statistics that showed a sizeable increase among mutuals, the BoE figures showed a fall in the physical volume of loans ...
3rd Apr 2013
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Gas and electricity charges on the rise - combat bill prices
The cost of gas and electricity has been one of the major factors in making sure the average cost of running a home in the UK has continued to increase over the last year, causing problems for the average homeowner, especially with the cold winter that has lasted so far all the way into April with snow, ice and frost becoming commonplace. According to the latest report ...
3rd Apr 2013