Monthly Archives: December 2018

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Agency banned from running Airbnb short-let in residential block

By |2018-12-28T10:02:24+00:00December 28th, 2018|Property News|

A lettings agency has been banned from running an Airbnb let in a residential block. It relates to a block in Glasgow and is thought to be the first ban of its kind in the UK. Scottish media report that Stephen McGlone, who owns the Westgate agency, lost an appeal heard by the...

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Shock warning to London tenants of ‘a torrid 2019’ in store

By |2018-12-28T10:02:25+00:00December 28th, 2018|Property News|

A property website says tenants and prospective renters in London are set to have ‘a torrid 2019’ because of a shortage of stock.  Home, a website that issues a regular snapshot of the lettings and sales markets, is warning that there is “a dramatic shortage of available rental properties” which is “causing...

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Renters fear not getting on to the ladder due to cost of saving for a deposit

By |2018-12-28T10:02:26+00:00December 28th, 2018|Property News|

Most renters fear that they will never be in a position to buy property due to the sheer cost of saving for a deposit. Saving a deposit is without doubt the greatest challenge when buying a first home, and so it is perhaps unsurprising to find that more than half -...

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Which University towns and cities make the best buy-to-let investment hotspots?

By |2018-12-28T10:02:27+00:00December 28th, 2018|Property News|

It is common knowledge (and common sense) that university towns and cities are full of people who are natural renters. This immediately identifies them as potential buy-to-let hotspots.   Not all universities towns and cities are, however, created alike and returns can vary greatly from one location to another. Here is a...

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The Scottish rental market – 2018 overview

By |2018-12-28T10:02:30+00:00December 28th, 2018|Property News|

It’s been a busy year in terms of legislation in the Scottish lettings industry. The introduction of the Private Residential Tenancy (PRT) in December 2017 has led to major change in the industry and has brought with it clear benefits for both landlords and tenants in Scotland. The PRT means...

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Top tips to help you avoid property tax pitfalls in 2019

By |2018-12-28T10:02:29+00:00December 28th, 2018|Property News|

When you rent out property you may have to pay tax. But the rules on paying tax on rental income can be quite complicated, especially as they often change. To help those of you who are unsure about your tax obligations, Chris Barwick, tax manager from Sheards Accountants in Huddersfield, has...

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National LIS to address key issues plaguing landlords in 2019

By |2018-12-28T10:02:28+00:00December 28th, 2018|Property News|

Buy-to-let landlords and property enthusiasts will once again descend on the Olympia Conference Centre in London in March where they will be able to obtain free expert advice to help guide them with their investments. With so much change and uncertainty in the market, the National Landlord Investment Show is a...

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Rent controls and longer tenancies demanded by pressure group

By |2018-12-27T10:02:52+00:00December 27th, 2018|Property News|

Home ownership rates for families aged 25 to 34 are rising for the first time in 30 years but high barriers to entry facing first-time buyers remain acute, according to a pressure group.  The Resolution Foundation says that eased credit conditions, as we move further away from the financial crisis, and...

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Revealed – the UK’s fastest-growing rents in 2018

By |2018-12-27T10:02:54+00:00December 27th, 2018|Property News|

Edinburgh has been identified as having the UK’s fastest growing rents with the average annual sum rising by 4.63 per cent in 2018.  The Scottish city narrowly beats Nottingham into second place, where rents have increased by 4.62 per cent over the past 12 months. Overall, rents across the UK rose by...

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Shock as landlord exodus in one region is twice the UK average

By |2018-12-27T10:02:55+00:00December 27th, 2018|Property News|

The number of landlords exiting the market in the East of England is 100 per cent higher than the national average in November, ARLA Propertymark reveals. Landlords have faced continued legislative change and increasing costs over the last few years, and many are either having to pass the costs on to...

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