Unwanted Treble for Private Landlords in Scotland Unlike Celtic FC, private landlords in Scotland have received an unwanted treble dose of terrible news. Rents in the British private rented sector increased by just 1.8% in the 12 months to April 2017. This compares with an inflation rate for the same period of 2.7% In Scotland,… Read more »
Posts Tagged: quick sale property
Scottish Property Market Stagnates as Rest of UK Sees Growth
Scottish Property Market Stagnates as Rest of UK Sees Growth Average house prices in Scotland hardly rose at all in the year to March, according to the Office of National Statistics. This is in stark contrast to relatively healthy increases in all other parts of the UK. The official figures show that the rise in… Read more »
Looking to Sell Your Property in Glasgow? R&T Property Can Help
Looking to Sell Your Property in Glasgow? R&T Property Can Help. One condition almost every investor craves above all else is stability. Currently in the UK, stability is proving very hard to find. Brexit, Scottish Independence and now a General Election have all contributed to deterring many would-be investors from making long-term financial commitments. Indeed,… Read more »
Slow Scottish Economy Paints Bleak Picture for Landlords
Slow Scottish Economy Paints Bleak Picture for Landlords The signs are not good. The Scottish economy is lagging behind the rest of the UK. Rental incomes north of the border did not grow at all in the year to February 2017, while rising by 2.1% elsewhere in the UK, states a survey. New tax changes… Read more »
Smaller Buy-to-Let Landlords Face Further Pressure from Big Boys
Smaller Buy-to-Let Landlords Face Further Pressure from Big Boys 2017 is a quarter gone and already landlords, particularly those who have invested in buy-to-let property, find themselves under more intense pressure than ever. Let’s set aside for the moment the terrible damage done to the sector by successive Budgets, because the negative impact of George… Read more »
Has the Buy-to-Let Bubble Burst?
Has the buy-to-let bubble burst? There are many indicators which suggest that the good times have gone and that tomorrow’s investor in residential property will face a rocky road. For a start, the number of buy-to-let mortgages available is falling. This is a reaction to lower demand, which is fueled by punitive new taxes and… Read more »
Further Pressure on Rental Market Means the Time May Be Right to Sell
Further Pressure on Rental Market Means the Time May Be Right to Sell Demand for rental properties in the UK fell 19% month on month to a two year low at the end of 2016, the latest figures show. The data from the Association of Residential Letting Agents reveals that in December 2016 there were… Read more »
Hammond’s Autumn Statement Increases Pressure on Landlords
Hammond’s Autumn Statement Increases Pressure on Landlords To state that Buy-to-let landlords are feeling underwhelmed after the Chancellor’s Autumn Statement last week is a massive understatement. Property owners were hoping beforehand that Philip Hammond would abolish or reduce the Stamp Duty increase and forthcoming changes to mortgage interest relief which had been introduced by his… Read more »
Forced Rental Increases Mean the Time May be Right to Sell Your Property
Forced Rental Increases Mean the Time May be Right to Sell Your Property One of the most difficult aspects of renting out property is ensuring that your tenants are up to date with their payments. If things go drastically wrong and arrears mount up it can often take up to six months to regain possession… Read more »
A Tax Too Far for Buy-to-Let Investors
A Tax Too Far for Buy-to-Let Investors For some months now, we have been writing about the financial dangers facing the buy-to-let industry. Now, increasing numbers of commentators have woken up to the issues. These threats to the livelihood of investors in residential property have come from the introduction of heavy taxation by both the… Read more »
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