A house in multiple occupation (HMO) is a property where multiple households share common areas, such as a kitchen or bathroom. HMOs are often converted from larger houses that were originally designed for a single family.
Stamp Duty changes will hold back house price growth next year, Zoopla has claimed.
The Renters’ Rights Bill will abolish fixed-term tenancies and make all tenancies periodic.
Propertymark says the Renters’ Rights Bill must provide a greater degree of balance between tenants, landlords and agents to ensure a healthy private rented sector (PRS).
In the next five years the UK will have 350 ‘banking hubs’, shared spaces on the high street where bank representatives work on rotation.
The Bank of England announced a new reduction in its base rate, bringing it down from 5% to 4.75%.
For some time now, tighter lettings legislation and increasing taxation for landlords have resulted in media speculation that landlords are quitting the market.
Government raises SDLT on small landlords while corporate landlords have a free ride.
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