Rightmove’s latest forecast for 2024 coincided with a significant 1.9% drop in asking prices within just a month. The usual December trend of a decline in new seller
Is It Worth Buying A Second Home To Rent Out UK?
Nikka Sulton
People acquire multiple homes for various practical reasons. It could be driven by a desire for a countryside retreat while working in the city, or a need for
Can I Get A Mortgage With A 50% Deposit?
James Nicholson
The short answer Yes — and you’re in one of the strongest positions a borrower can be in. A 50% deposit means a 50% loan-to-value mortgage, which sits
Rogue Landlord Hit with Massive Rent Repayment Order
Nikka Sulton
In London, a landlord is confronted with a significant penalty—a rent repayment order spanning 12 months—due to the failure to license their HMO. This stern action follows the
Is It Hard To Be A Landlord In The UK?
Nikka Sulton
Interested in investing in rental properties in 2023? To maximize your return on investment, consider locations with the highest rental yields. Rental yield, calculated as the annual rental
Tory MPs Push for Government Action on Airbnb Regulations
Nikka Sulton
A coalition of Conservative MPs, predominantly representing constituencies in Cornwall, has taken a unified stand to lobby the government, urging a comprehensive crackdown on the proliferation of Airbnbs
BRR Strategy: What is It and How Can I Use it?
Nikka Sulton
The Buy Refurbish Refinance (BRR) strategy is a popular property investment approach in the UK. It combines buy-to-let benefits, maximizes returns by reducing invested capital through refinancing, and
What Is The Process of Refurbishing UK?
Nikka Sulton
Refurbishment involves enhancing a property through cleaning, decorating, and re-equipping. It includes making a building more energy-efficient and sustainable, often involving retrofitting. The term is interchangeable with renovation
Gove Greenlights Extensive UK Licensing Scheme
Nikka Sulton
In an upcoming development, almost every landlord letting out properties within a London borough is poised to face a new regulatory requirement – obtaining a selective license. This
Understand Section 24 Tax Changes for Landlords
Nikka Sulton
Understand Section 24 Tax Changes for Landlords. Section 24, often familiar to landlords, brings increased taxes, reducing profits in the residential rental property sector. Many landlords are concerned
