Category: landlord tax

House prices southport 2020

House Price Prediction 2020

By Madalena Penny Data revealed by property website, Rightmove suggests that the UK can expect a modest rise in house prices this coming year, with Northern regions seeing the biggest increase of all. However, according to their statistics, the number of sales agreed in 2019 was down by 3%, and the number of properties put […]

Read More
how to change your letting agent southport landlord

How to change your letting agent. Landlord advice

If you are a landlord and have wondered how to change your letting agent – you may be surprised at how easy it actually is. There are a number of reasons a landlord becomes dis-satisfied with his or her property management. Regularly late rental payments; Not being kept in the loop; Not conducting regular property […]

Read More
negative equity

Selling BTL Property in Negative Equity

Chances are, if you invested in buy-to-let property 10-years ago, you may have ended up with a portfolio of properties now in negative equity. You may find yourself stuck with a lender because you simply cannot afford the high exit fees, and it would cost more to move to a new mortgage provider. Landlord News […]

Read More
tenant fee ban

Landlords take the hit again under new tenant fee ban

With current tax hikes placed on landlord income, and the tenant fee ban coming into force next year, many landlords will now be wondering if having a letting agent is a false economy. Landlord News: by Madalena Penny Of course there are many pros and cons to using a property management company to look after […]

Read More
buy to let southport liverpool

Buy to Let Lending falls in March 2018

Buy to let news by: Madalena Penny  The latest study by UK finance reveals a marked decrease in buy-to-let mortgages during March this year. Compared with 6,800 BTL loans taken out in March 2017, the latest data states that 5,500 were secured buy property investors and landlords for March this year. In fact, according to […]

Read More
section 24 private landlord

Section 24 – how will it affect Private Landlords?

In April 2016, the government introduced Section 24 of the Finance Act 2015 – it’s implementation to phase in gradually over four years. Landlord News by Madalena Penny This means that by 2020 all buy to let mortgages, overdrafts and loans will only receive 20% tax relief. For landlords who bought property during the private […]

Read More