The empty homes tax was meant to be a deterrent. It’s turned out to be little more than background noise.
New buy-to-let purchases are being increasingly concentrated in the North of England, as investors target higher-yielding homes with lower entry costs.
As widely predicted, and not this time following the US Federal Reserve, the Bank of England’s Monetary Policy Committee (MPC) voted 5-4 to reduce the Bank Base Rate by 0.25% to a total rate of 4.25% its lowest level in around 2 years.
Sales and demand both dropped in April after the stamp duty thresholds reverted back to previous levels, the RICS UK Residential Survey has revealed.
Rents rose for the fourth month in a row during April, according to the latest Goodlord rental Index.
A newspaper claims that the government is to offer landlords five year ‘full rent’ deals to house migrants.
The latest government figures show that average UK monthly private rents increased by 7.7%, to £1,332, in the 12 months to March.
- Renters’ Rights Bill Enters Committee Stage
- Government Launches EPC Grants For Landlords
- High-rise Developments Facing Long Term Delays
- Will The Government Reach Their Building Targets?
- Making Tax Digital Changes Are Coming
- Stamp Duty Thresholds Have Fallen
- What Happened In The Spring Budget?
- What Will The Spring Statement Bring Today?
