HSBC has announced that it will raise rates on some of its cheapest mortgage products, while at the same time cutting rates on more expensive deals. This decision
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Properties for Sale Reach 10-Year High in a Buyer’s Market
The number of homes available for sale reached a ten-year high in October, as reported by Rightmove. The increase in available properties signals a shift in the market,
Tax Concerns Drive Surge in Landlord Company Formations
Incorporation continues to be a popular choice among landlords, with 5,312 new limited companies established for buy-to-let properties across Britain last month. Data analysis from Hamptons, a brand
Landlord Faces £5,500 Penalty After Failed Appeal
A landlord has faced significant consequences after his appeal was rejected regarding a hefty fine for serious safety violations. Nazir Ahmed, a Cardiff-based landlord, was originally fined £37,000
Tax and EPC Worries Affect Buy-to-Let
Landlords are currently experiencing uncertainty regarding their investments in new properties, primarily due to the looming possibility of increased Capital Gains Tax (CGT) rates and the implementation of
Chancellor Unlikely to Raise CGT on Second Homes
In the lead-up to the Autumn Budget, Chancellor Rachel Reeves is reportedly focusing on a potential increase in Capital Gains Tax (CGT) applied to the sale of shares,
ECB Cuts Rates as Lagarde Warns of Inflation Risks Ahead
The European Central Bank (ECB) has announced a reduction of its key interest rate to 3.25%, marking its third quarter-percentage-point cut this year. This decision reflects the ECB’s
Rayner Approves Purchase of Landlord’s Vacant Property
A house in London that has remained vacant for six years is set to be compulsorily purchased by the council, following the approval of Housing Secretary Angela Rayner.
Just 5% of Rental Homes Considered Affordable
New research indicates that only 5% of private rental listings in London are affordable for low-income households relying on Local Housing Allowance (LHA) to cover their rent. This
Why Are Mortgage Rates Rising and When Will They Fall?
The Bank of England is anticipated to reduce its headline lending rate from 5% to 4.75% at the Monetary Policy Committee meeting in November. This potential cut is