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.... When we met again, five years later, he was happy to talk to me, not because these problems had disappeared, but because he was proud of the council’s private rented sector licensing regime. Introduced in 2013, it was the first such scheme in the country and had led to 800 prosecutions and 28 landlords being banned from renting property to tenants. ... [Read full article on Guardian ]
Thursday 25th of May 2017 04:30:19 AM
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....But the figures are skewed by a series of tax changes this year and last. In April 2016, landlords became liable for a higher rate of stamp duty. ... [Read full article on BBC ]
Tuesday 23rd of May 2017 10:32:02 AM
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....Ten days later the administrators were called in. The owner of Jaeger’s debts is a secured creditor so ranks ahead of other parties, such as suppliers and landlords, in the queue to be repaid from the proceeds of the administration. ... [Read full article on Guardian ]
Tuesday 23rd of May 2017 03:10:30 PM
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....5% drop in property transactions in April, compared to March. One possible reason for the fall is that landlords might have brought forward purchases, to avoid the latest in a series of tax changes. ... [Read full article on BBC ]
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....Competition in the mortgage market also dented profits. Nationwide is the UK’s second-largest mortgage lender and while its total mortgage lending rose 3%, its buy-to-let lending fell by 36% after last year’s move to toughen the terms on which it would lend to landlords. ... [Read full article on Guardian ]
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Latest Finance News related to Landlord

Housing market moving sideways, lenders say image
Source : BBC [Read Article] Thursday 25th of May 2017 10:28:25 AM
....5% drop in property transactions in April, compared to March. One possible reason for the fall is that landlords might have brought forward purchases, to avoid the latest in a series of tax changes. ...
Nationwide profits drop 18% as it shields savers from interest rate cuts image
....Competition in the mortgage market also dented profits. Nationwide is the UK’s second-largest mortgage lender and while its total mortgage lending rose 3%, its buy-to-let lending fell by 36% after last year’s move to toughen the terms on which it would lend to landlords. ...
Jaeger suppliers owed millions consider legal action against ex-owners image
....Ten days later the administrators were called in. The owner of Jaeger’s debts is a secured creditor so ranks ahead of other parties, such as suppliers and landlords, in the queue to be repaid from the proceeds of the administration. ...
Further signs of UK property slowdown in April image
Source : BBC [Read Article] Tuesday 23rd of May 2017 10:32:02 AM
....But the figures are skewed by a series of tax changes this year and last. In April 2016, landlords became liable for a higher rate of stamp duty. ...
A new Green Deal bond that pays 12% interest – too good to be true? image
Source : Guardian [Read Article] Saturday 20th of May 2017 06:00:17 AM
....You might have imagined that would have been the end of the story, but in January a consortium of City investors bought the Green Deal Finance Company’s assets and remaining loan book. The plan is to relaunch the Green Deal and offer loans to homeowners and landlords. ...
Buy-to-let millionaire who bans 'coloured' people faces legal action image
Source : Guardian [Read Article] Wednesday 17th of May 2017 02:20:13 PM
....“If you can find someone to be a guarantor, they can then sub-let to a battered wife. We’re just saying we don’t take them because they must have a rent guarantee as part of the landlord’s insurance demanded by the mortgage companies. ...
Buy-to-let slump after stamp duty change image
Source : BBC [Read Article] Wednesday 17th of May 2017 09:57:25 AM
....Since April 2016, anyone buying a buy-to-let property or a second home has had to pay a 3% stamp duty surcharge. Some 71,100 loans were advanced for house purchases by landlords in the year since the tax change, the Council of Mortgage Lenders figures show. ...
Ex-BHS owner Dominic Chappell could be pursued by Sir Philip Green for millions image
....The ruling also confirms that BHS made a loan of £6. 2m to RAL on the day before it sent out proposals for an insolvency agreement known as a “company voluntary arrangement” in which it asked landlords to accept lower rents. ...
Stop spending money on avocados? Good idea, I’ll have a house deposit by 2117 | Rhiannon Lucy Cosslett image
.... They didn’t even have yoghurt in those days, my mother says). Never mind that after working every hour that god sends, saving every precious penny you earn that doesn’t go to a landlord who won’t fork out to stop your shower leaking and says that the mould would disappear if only you stopped having the cheek to insufflate indoors, you sit at home, strung out and anxiety-ridden reading the news on your smartphone (how much did that cost you, by the by?), and see that the average property value has gone up by over £2k in that week alone, which is more than you earn in a month. ...
Leasehold now the No 1 concern for UK homeowners, study finds image
Source : Guardian [Read Article] Tuesday 16th of May 2017 05:01:05 AM
.... Then they sold it on to an investment firm without ever warning us. Now the new landlords want £45,000 off us to buy it back,” he said on his Facebook posting. ...
How to be on the winning side as mortgage war hots up image
Source : Guardian [Read Article] Monday 15th of May 2017 06:00:37 AM
....”. In April, the first of a series of tax rises came in that increased costs for landlords with buy-to-let mortgages. ...
We wouldn’t need price caps if the Tories hadn’t cut energy-saving schemes image
.... It promises interest-free loans, much like Scotland did earlier this month, for people to make their homes more efficient. The government has supported a loophole for landlords allowing them to sidestep regulations coming next year which would force them to reduce energy bills for their tenants. ...
Foxtons' tweets win few fans – now the slowdown gives it little to sing about | Simon Goodley image
....Social media frequently appears to be a modern popularity contest, but at least that gives us an indication of the reputations of some of our best-known companies. Take the official Twitter account of the irksome estate agency Foxtons, for instance, which possesses a mighty 400 followers and drones on about the major housing topics de nos jours, such as: “Do you know what it takes to be a landlord?” (we might venture a guess). ...
Buy-to-let landlords suffering tax increases plan to raise rents  image
Source : Daily Express [Read Article] Saturday 13th of May 2017 05:27:00 PM
.... But it’s the economy and tenants that could end up paying the price. More than a third of landlords are desperately looking to cut costs, while a fifth will pass on the increases to tenants, according to a study by mortgage lender Kent Reliance. ...
These are the UK markets I’d meddle in. What would yours be? image
Source : Guardian [Read Article] Saturday 13th of May 2017 06:00:39 AM
.... Over in Germany, not exactly a failing economy, rent increases within a tenancy are limited to movements in specified indices. In the US, the personification of free-market capitalism, many cities have rent boards controlling local landlords. ...
The Tory energy cap is not a policy. It’s a confession | Owen Jones image
.... Outside wartime, housebuilding is now at its lowest level since the early 1920s. Hundreds of thousands of people languish on social housing waiting lists, billions in taxpayers’ money is spent on subsidising landlords instead of laying bricks, and the private rented sector offers a fatal combination of high rents and low security. ...
London rents fall for first time since 2009 amid post-Brexit vote slowdown image
.... After years of being hit by steadily rising rent bills, it appears that tenants in the capital may finally be getting the upper hand. “Falling rents is definitely positive news for those looking to move, or to renegotiate their rents with their landlord,” said Dan Wilson Craw, director of Generation Rent, the campaign group for private renters. ...
Proptech: the businesses transforming the housing market image
Source : Guardian [Read Article] Monday 8th of May 2017 06:00:55 AM
.... Some entrepreneurs are developing models that cut them out of the equation entirely. Calum Brannan, founder of prop-tech management company No Agent, offers landlords a way to manage their own properties online for a fixed fee – £35 per month outside London and £45 inside the capital. ...
Bristol housing charity tops list of UK’s most-prosecuted landlords image
. A Bristol-based charity that receives thousands of pounds in housing benefit to accommodate vulnerable people has topped a list of the UK’s most-prosecuted landlords compiled by the Guardian. ...
'My parents want to help me but can't': readers on affording their first home image
....I work part-time as a barista and am chronically ill with a disability. I can’t rent privately as no landlord I can find wants someone “on benefits” and there are barely any have accessible properties that aren’t in retirement parks. ...
Labour pledges 'tougher' standards for rented houses image
Source : BBC [Read Article] Monday 1st of May 2017 05:41:38 AM
....But the Conservatives said the plan could increase people's rent. Shadow housing secretary John Healey said the proposals would empower renters to "call time on bad landlords" by setting standards to ensure homes were "fit for human habitation". ...
House prices fell again in April, Nationwide says image
Source : BBC [Read Article] Friday 28th of April 2017 07:25:06 AM
....". Last week, the Council of Mortgage Lenders (CML) said the UK's housing market was in "neutral gear", with a shift towards first-time buyer and remortgage customers, away from home movers and buy-to-let landlords. ...
Taylor Wimpey to pay up to £130m to settle ground rent scandal image
Source : Guardian [Read Article] Thursday 27th of April 2017 11:35:12 AM
....The scandal of escalating ground rents comes amid a surge in leasehold sales in the UK. Earlier this month, a report by the campaign group HomeOwners Alliance warned of the worsening “nightmare” of the leasehold system in England and Wales, saying millions of homebuyers were hostages to exorbitant bills and estimating that landlords were in line to pocket £4bn from lease extensions. ...
As first-time buyers, can we take out a buy-to-let mortgage? image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:00:09 AM
.... We live in a salubrious part of Oxfordshire in a house we would never be able to afford to buy without a lottery win. We’ve been lucky enough to have as landlords a wealthy elderly couple, who let us pay probably half the going rate for the area on the unspoken proviso that we don’t bother them about minor repairs and keep the place in good order. ...
Tax raid postponed as ministers rush through finance bill image
Source : Guardian [Read Article] Tuesday 25th of April 2017 04:42:20 PM
....Also being ditched for the time being is the “Making Tax Digital” initiative originally unveiled by then chancellor George Osborne in November 2015, which was designed to make the tax system more like online banking. This has been controversial because it meant that from 2019, more than three million small businesses and landlords would be required to keep digital records and send quarterly updates to HM Revenue & Customs. ...
Canals offer alternative to London property ladder image
Source : Guardian [Read Article] Monday 24th of April 2017 08:56:18 AM
....It’s not hard to figure out what is fuelling this trend. Research from lettings agent Countrywide indicates the average London landlord charges between £1,289 and £2,318 a month, while Nationwide says the typical first-time buyer needs a £65,600 deposit to get a foot on the property ladder. ...
Low rates, tight margins: the mortgage market looks worryingly familiar image
....First-time buyers are snapping up these offers, probably in many cases with financial support from their parents, to gain their first foothold on the property ladder. A hole in the market has also been carved out for them: new rules imposed on buy-to-let landlords have removed many of the tax benefits they previously enjoyed, pushing them out of the market. ...
Buy-to-let slump puts first-time buyers in the driver’s seat image
Source : Guardian [Read Article] Saturday 22nd of April 2017 05:59:06 AM
. Buy-to-let landlords are finally in retreat in the housing market, leaving young adults in a better position to buy a property, according to the latest data from mortgage lenders. ...
'Vijay Mallya can't avoid the law': Herts villagers on 'fugitive' billionaire neighbour image
....”. The landlord of the Rose & Crown on Tewin’s village green said he had not seen Mallya since he and his considerable staff moved to the village but he had heard him. ...
Yorkshire Building Society launches record low 0.89% mortgage rate image
Source : Guardian [Read Article] Thursday 20th of April 2017 11:01:02 PM
....9bn but lower than the figure for March 2016. Mohammad Jamei, the CML’s senior economist, said there had been a shift in lending towards first-time buyer and remortgage customers in recent months, and away from home movers and buy-to-let landlords. ...
Two-thirds of BHS stores lie empty as anniversary of collapse nears image
Source : Guardian [Read Article] Sunday 16th of April 2017 03:30:44 PM
....The last BHS stores did not shut until August, but the chain’s closure dumped a glut of space, much of it in need of extensive modernisation, on to the market at a time when many retailers are thinking twice about opening new stores. Given the tough climate, many former BHS landlords have resisted taking back their keys from the administrators as doing so would make them liable to pay business rates and other charges on vacant properties. ...
Tenant charged £835 … to scribble a new name on a contract image
Source : Guardian [Read Article] Saturday 15th of April 2017 06:00:17 AM
.... One decides to move on so the others search for a new flatmate. The amount of effort put in by the letting agent and landlord? Almost zero. ...
Sensors, scanners and surveillance: at the expo to outfit Trump's border wall image
.... It was the sound of US bureaucracy and capitalism putting bones on a policy conjured in June 2015 when the future president glided down a Trump tower escalator and called Mexicans rapists. The US could further bolster security by applying British-style sanctions against companies and landlords which employed and housed people in the country illegally, Tony Smith, the former head of Britain’s Border Agency, told the Guardian, after speaking on a panel. ...
Estate agents struggling to find homes to sell, says report image
Source : Guardian [Read Article] Wednesday 12th of April 2017 11:01:10 PM
.... Rics said an overall balance of 3% more surveyors saw a fall in agreed sales rather than an uplift last month. The decline in activity is in part caused by buy-to-let landlords deserting the market ahead of new taxes that began on 6 April. ...
Our high streets don’t need new shops – they need new ideas | Suzanne Moore image
.... Again, though, there are many empty spaces, because business rates and rents are so high. Even the most dedicated gentrifier cannot seem to free up empty places on which absentee landlords sit. ...
Landlord tax changes come into effect TODAY: 'Renting will be more expensive', say critics image
. Two-thirds of landlords plan to increase rents as tax relief for mortgage interest is cut by the Government, research from the Residential Landlords Association (RLA) showed. ...
Tax relief cut doesn’t add up for landlords, plus Bank warns over consumer credit image
....Few fathers can afford to take shared parental leave, say campaigners. Mortgage tax relief cut doesn’t add up for buy-to-let landlords. ...
Leasehold 'nightmare' will cost homebuyers billions, report warns image
Source : Guardian [Read Article] Wednesday 5th of April 2017 06:01:13 AM
. The worsening “nightmare” of the leasehold system in England and Wales is holding millions of homebuyers hostage to exorbitant bills, according to a report by campaign group HomeOwners Alliance, which estimates that landlords are in line to pocket £4bn from lease extensions. ...
Mortgage tax relief cut doesn’t add up for buy-to-let landlords image
Source : Guardian [Read Article] Saturday 1st of April 2017 06:00:17 AM
. Today will see two of buy-to-let landlord Jamie Brewis’s tenants – a couple in their 60s – having to move out of the bungalow that has been their home for the past four or so years. ...
Retirement villages face crackdown on 'unfair' fees image
Source : BBC [Read Article] Friday 31st of March 2017 10:48:05 AM
....Nevertheless the Law Commission said exit fees worked well for many people, by deferring bills until after they sell their home. "But, in the worst cases, a few unscrupulous landlords are getting away with very high hidden fees buried deep in the small print of a long and complicated lease," said the Law Commissioner, Stephen Lewis. ...
UK banks asked to draw up plans to show they are prepared for Brexit image
Source : Guardian [Read Article] Monday 27th of March 2017 09:26:41 AM
....Last year banks had £19bn of impairments on credit cards, compared with £12bn on mortgage loans. Consumer credit now poses a greater risk than buy-to-let lending to landlords, which has cooled over the past year. ...
'Bank of mum and dad' making housing market more unfair, study finds image
Source : Guardian [Read Article] Sunday 26th of March 2017 11:01:43 PM
....The report predicts that if the economy weakens, the proportion of first-time buyers being propped up by family will remain at about one third until 2025, but it will boom to 40% by 2029. Theresa May’s government earlier this year strayed from David Cameron’s “home-owning democracy” approach to housing and announced tougher regulation on landlords. ...
'People aren't spending': stores close doors in 'oversaturated' US retail market image
....There is no immediate solution, said Justin Levinson, a former reporter who began creating an interactive map of vacancies last year. He believes landlords with large portfolios have been unable to drop prices significantly without experiencing a ripple effect, so they often prefer to take a loss on one property rather than drop prices across the board. ...
The death of the mortgage salesman is unfortunately premature image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:03 AM
.... What has emerged in recent months is the number of lenders who have introduced “retention fees”. Until now, commissions have largely only been paid to brokers arranging new mortgages for first-time buyers and landlords, or for existing homeowners and landlords remortgaging to a new lender. ...
Ads in the sky image
Source : BBC [Read Article] Friday 24th of March 2017 12:13:43 AM
....". He is hoping that landlords will grab the opportunity to turn their buildings into revenue-generating digital billboards that are huge, yet physically unobtrusive. ...
Five-minute guide to…The resurgence of first-time buyers image
Source : Daily Express [Read Article] Sunday 19th of March 2017 12:01:00 AM
. They have been helped by record low mortgage rates, while competition from buy-to-let landlords has dipped following the Government’s tax onslaught. ...
Rents fall for first time in six years image
Source : BBC [Read Article] Monday 13th of March 2017 09:20:45 AM
....The drop has been due to a big recent increase in the supply of properties becoming available, mainly in London. That was due to some landlords rushing to buy last year before a 3% stamp duty surcharge came into effect. ...
Landlord tax: How to beat new buy-to-let charges coming in NEXT month  image
Source : Daily Express [Read Article] Friday 10th of March 2017 04:44:00 PM
.... Now rental property investors are increasingly using commercial loans and setting up companies to buy investment property and instead pay corporation tax at 20 per cent, according to the National Landlords Association (NLA). There has been a 500 per cent increase in the amount of landlords setting up a limited company, the trade body found. ...
Forget Brexit: housing is the key issue for Labour | Phil McDuff image
Source : Guardian [Read Article] Friday 10th of March 2017 12:04:31 PM
....Unfortunately, you can’t beat the Minsky cycle of financial instability. The New Labour strategy of pumping housing benefit into landlords’ pockets to sustain ridiculous wage/rent ratios gave the Tories the perfect headline figures for their punitive benefit cuts. ...
Benefit claimants 'missing out' on private rentals image
Source : BBC [Read Article] Thursday 9th of March 2017 12:52:36 AM
. Benefit claimants are increasingly missing out on finding places to rent, as landlords choose tenants who are better off, surveyors have said. ...
Rents are 'out of step' with incomes, housing body warns image
Source : Guardian [Read Article] Thursday 9th of March 2017 12:01:21 AM
.... A key reason cited by respondents was cuts to government support for housing costs. Recent reports have suggested that landlords are becoming increasingly unwilling to offer properties to those who receive benefits. ...
Scheme to combat rogue lettings agents under attack image
Source : BBC [Read Article] Monday 6th of March 2017 12:19:27 AM
....But the owner says he has not had any useful response from Carter Stones. Several landlords have contacted You and Yours complaining about unpaid rent, or legal documentation, and claim multiple people are living in the properties without any right to be there. ...
Seven things we already know will happen in the 2017 spring budget image
Source : Guardian [Read Article] Saturday 4th of March 2017 06:59:08 AM
....6 Buy-to-let There are big and complex changes for people with buy-to-let mortgages in April, which for some will see their tax bill double or even triple. At the moment, landlords can deduct mortgage interest and other finance-related costs from their rental income before calculating tax liability. ...
Low key Budget?  image
Source : BBC [Read Article] Saturday 4th of March 2017 01:17:34 AM
.... Others were outlined by Mr Hammond in November's Autumn Statement and will also come into force in the spring. A number will lead to a notable change in the finances of those of working age - particularly a shift in the income tax threshold and the benefit freeze - while others target particular groups of people such as landlords. ...
Cheers! Pub saved by its customers rated best in the UK image
Source : Guardian [Read Article] Friday 3rd of March 2017 12:01:31 AM
.... Camra’s judges hailed its “warm and welcoming atmosphere and strong community ethos”. The award recognised the “great passion” for quality beer of the landlord, Stuart Miller, along with his range of real ales and cider. ...
Snap IPO: a 21st-century firm with a 19th-century structure image
Source : Guardian [Read Article] Thursday 2nd of March 2017 07:36:11 PM
.... Mike Ashley is the new owner of lingerie chain Agent Provocateur, paying £30m for the privilege. He is not the first to succeed in one of these speedy sales, but were pre-pack administrations really meant to be a standard technique for selling businesses that have failed to find buyers as a going concern? In other cases, suppliers and landlords have felt short-changed in the rush. ...
Home ownership in England at a 30-year low, official figures show image
Source : Guardian [Read Article] Thursday 2nd of March 2017 02:32:32 PM
....Home ownership in England has fallen to its lowest level for 30 years, while the number of people privately renting is now higher than in the early 1960s, according to official figures. Government data reveals that the private rented sector has doubled in size since 2004, with almost half of all people in England aged 25 to 34 paying a private landlord for their accommodation. ...
UK 'must insulate 25 million homes' image
Source : BBC [Read Article] Tuesday 28th of February 2017 12:07:22 AM
....Successive governments have been criticised for failing to tackle the UK's poor housing stock - some of the worst in Europe. Local authorities have limited cash to insulate council homes, and landlords and owner-occupiers have proved reluctant to invest large sums in disruptive improvements that will save on bills, but take many years to pay off. ...
‘Buy for Uni’ mortgage turns students into landlords image
Source : Guardian [Read Article] Monday 27th of February 2017 09:28:35 AM
.... Unless, that is, they are homeowners already. Lenders are now looking at students as not just customers for university loans, but also for early mortgages – effectively turning them into landlords. ...
The sad cost of renting: never having somewhere to call home image
Source : Guardian [Read Article] Sunday 26th of February 2017 04:00:34 PM
.... I lugged an armchair that did not quite fit into any room of any shape around the city for five years because I thought having one piece of furniture that wasn’t from Ikea made me an adult. Eventually, I left it in an unfurnished property that I moved out of because when it rained outside, it rained inside, and my landlord, a nonagenarian, had no plans to replace the roof before he died. ...
FTSE dragged down by ex-dividend firms image
Source : BBC [Read Article] Thursday 23rd of February 2017 12:36:49 PM
Savers need a balancing act to beat inflation image
Source : Guardian [Read Article] Monday 20th of February 2017 07:00:31 AM
....com, says the historically high returns in the rental market have disappeared, but property “is always going to win” when compared to savings rates in banks and building societies. “In a strong housing market landlords will benefit from rising prices, and in a flat economy the asset of a flat, apartment or house will still generate a rental income and so remains a useful asset to investors. ...
Heineken may not refresh the pubs other beers could reach, landlords fear image
Source : Guardian [Read Article] Thursday 16th of February 2017 09:23:59 AM
.... Punch said it “continues to expect the transaction to complete as anticipated”. Heineken faces a backlash from UK pub landlords, who fear they may be forced to stock their pubs with Heineken-owned brands, reducing choice for customers. ...
Giggs and Neville skyscrapers 'threaten Manchester's heritage' image
Source : Guardian [Read Article] Thursday 16th of February 2017 09:00:37 AM
....”. The pub’s landlord, Mike Christodoulou, 43, said: “I’m a Manchester lad, born in Old Trafford, and I’ve watched the city move and grow and it’s unprecedented. ...
#RentInOz: Australian renters share their horror stories image
Source : Guardian [Read Article] Thursday 16th of February 2017 01:59:30 AM
....A new study of Australia’s rental property market has prompted people to share their horror stories. The survey of more than 1,000 renters co-authored by the consumer group Choice concluded there was an “entrenched culture of fear” and a significant power imbalance between landlords and tenants. ...
New double whammy to hurt prudent older savers image
Source : Daily Express [Read Article] Tuesday 14th of February 2017 10:29:00 PM
.... . Steve Bolton, founder of Platinum Property Partners, said buy-to-let has suffered a serious blow, driving private investors away: “Lending has failed to recover to the levels seen before stamp duty changes while planned tax changes from April threaten to wipe out some landlords’ profits. ...
HMRC overhaul: What are the five changes proposed for UK tax system?  image
Source : Daily Express [Read Article] Monday 13th of February 2017 10:26:00 AM
....HMRC has signalled the end of the tax return for millions of taxpayers across the UK. At the moment businesses, landlords and the self-employed have go through the stressful process of filling in a tax return each year. ...
No place like home: America’s eviction epidemic image
Source : Guardian [Read Article] Sunday 12th of February 2017 10:00:03 AM
.... There are moving companies specialising in evictions, their crews working all day, every weekday. There are hundreds of data-mining companies that sell landlords tenant-screening reports listing past evictions and court filings. ...
Government willing to admit UK housing market is
Source : Daily Express [Read Article] Sunday 12th of February 2017 12:01:00 AM
.... That is even faster than the anticipated 20 per cent rise in house prices. The only positive news for first-time buyers is that competition from buy-to-let landlords is shrinking, as the recent 3 per cent stamp duty surcharge on second home purchases has been deterring new investors. ...
Let the councils build homes again and fix our broken housing market image
Source : Guardian [Read Article] Saturday 11th of February 2017 07:00:09 AM
.... Above that level, demand can only be met by councils and housing associations, with an acknowledgement that the design failures of the 1950s and 1960s must not be forgotten. And there is absolutely no point in councils building, and then being forced to sell off their properties cheaply under right-to-buy, only to then have to subsidise the high rents charged by the buy-to-let landlords who have swarmed into that market. ...
‘We didn't even have room for a table’: meet the 30-somethings fleeing London image
.... Until then, she and her husband, Colin, 33, were renting a two-bed terraced house in Leytonstone for £1,300 a month with their seven-year-old daughter, Cali. “We originally tried to buy a two- or three-bed house in east London, near my mum, but we were constantly outbid by cash buyers, usually landlords or property developers,” says Ellie. ...
UK rents expected to rise faster than house prices in next five years image
Source : Guardian [Read Article] Thursday 9th of February 2017 12:01:07 AM
....In the three months to January, tenant demand for rental properties continued to go up. With landlords expected to scale back their portfolios in the next 12 months, tenants will have fewer properties to choose from, which is likely to push rents higher, the survey suggests. ...
If we’re going to tackle the evils of renting, at least do it properly | Penny Anderson image
.... The freedom to paint walls, and change the curtains. Banishing a life spent living as I once did in a home where the landlord had installed a mirror in a tacky gold frame then painted around it so removal left an unsightly gap. ...
Councils to be told to build thousands more new homes image
Source : Guardian [Read Article] Tuesday 7th of February 2017 12:01:22 AM
....The number of households who own their own homes has fallen by 200,000 since 2010, with the number of under-35s owning their homes falling by 344,000. Almost a million more households are now renting from private landlords since the Conservative-Lib Dem coalition came to power. ...
Cut beer duty to beat price hikes after Brexit vote, says Camra image
Source : Guardian [Read Article] Monday 6th of February 2017 07:01:20 AM
....Miles Beale, WSTA’s chief executive, said: “While the government has focused on beer cuts previously to support British pubs, this is only a job half done. Wine and spirits are ever more important to the British pub and the chancellor can do his bit to support them and landlords by cutting duty by 2%. ...

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