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 »
Posts Categorized: News
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 »
Landlords Vow to Fight on Against Tenant Tax
Landlords Vow to Fight on Against Tenant Tax Landlords who have joined together to protest against changes in taxation for buy-to-let investors have vowed to fight on despite a court set-back. Axe the Tenant Tax, an umbrella organisation, had hired Cherie Blair QC to represent them in their quest for a Judicial Review. However, their… 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 »
Frustrated at Buy-to-Let Yields? The Time May be Right to Sell
Frustrated at Buy-to-Let Yields? The Time May be Right to Sell “Buy to let less secure than ISA or pension.” That was the headline in The Herald newspaper recently. It sat above an article which was part of an advertising feature about financial advice. The writer described two common financial misconceptions: that you can’t lose… Read more »
Economic Uncertainty Likely to Continue to Impact Property Prices
Economic Uncertainty Likely to Continue to Impact Property Prices Like many in business most landlords are worried about uncertainty. Not knowing in which direction the country is heading can have a negative impact on investment and creativity. The UK as a whole currently finds itself in an uncertain situation after the Brexit vote. And while… Read more »
Sustained Anti-Landlord Activity Means the Time to Sell May be Now
Sustained Anti-Landlord Activity Means the Time to Sell May be Now First it was George Osborne, with his tax law changes which targeted landlords. Then it was Jeremy Corbyn with his vision of granting the right to buy to private tenants. Last but by no means least came John Swinney who introduced the property super… Read more »
Looking to Sell Your Property in Glasgow? Contact Us Today!
According to a report, one in four landlords say letting property is more stressful than they expected and two thirds admit they are more stressed now than a year ago. The survey, for UK Landlord Tax, shows that the biggest contributing factors are late rent payments (58 per cent), funding property maintenance and repairs… Read more »
Corbyn’s Right-to-Buy Dream Could Mean Nightmares for Private Landlords
Corbyn’s Right-to-Buy Dream Could Mean Nightmares for Private Landlords One radical idea floated by Jeremy Corbyn could, if it reaches fruition, lead to massive problems for private landlords. We are not highlighting this suggestion simply because it is controversial. We are doing so because it appears to be gaining support. And that support has come… Read more »
House Prices ‘Could Fall 5%’ after Brexit Vote
House Prices ‘Could Fall 5%’ after Brexit Vote All the dire warnings about the disastrous impact on the housing market of a Brexit vote appear to have come true in a very short space of time. Shares in house builders and large estate agencies listed on the stock market dropped dramatically, and quickly, after the… Read more »
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