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Renting to students provide ‘some of the best yields in the country’

By |2018-08-17T10:05:25+00:00August 17th, 2018|Property News|

Student property is one of the best investments available at the moment, thanks to high demand for student housing ahead of the new academic year. Many buy-to-let landlords are reluctant to rent to students because they are concerned about the damage they could do to their property. But research reveals that...

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Speculation that three-year tenancies could be announced next week

By |2018-08-17T10:05:21+00:00August 17th, 2018|Property News|

Speculation is growing that three year tenancies for private renters - long favoured by the government - could be announced as soon as next week. The Conservative-supporting newspaper The Sun says a decision will be made within days, even though there remains a formal consultation process on the initiative, open for...

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Controversial council warns landlords not to raise rents to pay licences

By |2018-08-17T10:05:22+00:00August 17th, 2018|Property News|

The council behind a controversial private rental sector licensing scheme is trying to justify its introduction on health and safety grounds. On August 1 Nottingham council introduced a new selective licensing regime covering an estimated 32,000 privately rented homes; this is an estimated 91 per cent of all rental properties making...

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Mandatory electrical checks welcomed by senior lettings agency chief

By |2018-08-17T10:05:23+00:00August 17th, 2018|Property News|

One of the lettings industry’s senior figures has welcomed the introduction of mandatory five yearly inspections of electrical installations in private rental sector properties. Lisa Simon, head of lettings at Carter Jonas - and a critic of some policies aimed at the private rental sector - says: “We’ve certainly witnessed many...

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Summer slowdown hits lettings market says Agency Express

By |2018-08-17T10:05:23+00:00August 17th, 2018|Property News|

The lettings sector is in the midst of a summer slowdown with no pick up in activity expected until next month, Agency Express says. The board company’s Property Activity Index has revealed a slowdown with national month on month figures for properties ‘To Let’ dropping 2.7 per cent compared to June,...

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Landlords urged to turn to student towns and cities for better rental yields

By |2018-08-17T10:05:29+00:00August 17th, 2018|Property News|

Research by TotallyMoney has revealed that buy-to-let landlords facing increased taxation and diminishing profits could find better yields in UK towns and cities with a high student population. Rental yields in university towns and cities such as Liverpool and Middlesbrough, where property prices are typically more affordable, are up to seven...

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Investors are starting to think twice about investing in buy-to-let

By |2018-08-17T10:05:25+00:00August 17th, 2018|Property News|

The attraction of buy-to-let is starting to wane as far as some people are concerned due to a series of recent tax and regulatory changes, new research shows. The introduction of the 3% stamp duty surcharge, scrapping of the ‘wear and tear’ allowance and the phasing out of mortgage interest relief...

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Have some local authorities been charging too much for HMO licenses?

By |2018-08-17T10:05:28+00:00August 17th, 2018|Property News|

Buy-to-let landlords could have grounds to challenge HMO licensing fees which could save them hundreds of pounds each year, according to Commercial Trust Limited. The specialist buy-to-let mortgage broker points to a recent court case that has potentially opened the door for landlords to challenge the fees that local authorities are...

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Brits remain positive about UK property market despite Brexit

By |2018-08-17T10:05:30+00:00August 17th, 2018|Property News|

Brits are feeling confident about the future of the UK property market even in light of no-deal Brexit predictions, research from Quick Move Now has suggested. Just 23% of the public believed Brexit would have a negative impact on property prices compared to 33% of respondents who felt property prices would remain...

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New Electrical Regulation ‘can only be seen as a positive’

By |2018-08-17T10:05:27+00:00August 17th, 2018|Property News|

Landlords generally believe that many recent regulation changes have gone too far and want to see the government rethink the swathes of changes it has made to and still has planned for the private rented sector, in order to prevent a potential mass exodus of landlords from the market. But the...

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