I must comment on the way managing the rental of a property can sometimes have a certain, what, unreality about it? A tenant had to be evicted from a property this week; this was a sad end to a troublesome experience, where a lady with a large family of kids, living without her husband who… Continue reading The La-La Land of the Letting Agent
Month: January 2016
How Renting in Leicester differs from London – a different world
A highly unusual point of view expressed about the lettings game from a letting agent in London: Marc von Grundherr, lettings director of Benham & Reeves Residential Lettings, said: “George Osborne has done more for the rental market than any other Chancellor in history”. His reasoning is that with the average purchase price of a… Continue reading How Renting in Leicester differs from London – a different world
A True North-South Divide
Some interesting statistics analysed this week by Kate Faulkner (a top property market analyst – she’s everywhere at the moment!) in her regular round up of Hometrack data. What this survey monitors is price movements in UK cities, so I find it quite interesting to look at the situation for our Leicester landlords. Here’s the… Continue reading A True North-South Divide
Question: how does increasing tax on landlords help tenants? (Answer: it doesn’t)
Honestly, some very odd comments on the ways the tax changes will impact on landlords: here’s a prize from the Office for Budget Responsibility, the body that monitors Treasury activities and ensures feasibility of tax policy in economic terms: “It is expected that 1 in 5 individual landlords will receive less relief as a result… Continue reading Question: how does increasing tax on landlords help tenants? (Answer: it doesn’t)
Alice in Wonderland tax facing a legal challenge
A call for £50,000 of funding for a legal challenge to the Chancellor’s tax grab on landlords on Boxing Day was successfully reached by the end of the Christmas/New Year break. Steve Bolton, who runs a buy-to-let training franchise company, had commented: “It’s not clear why the Government has chosen to just launch an attack… Continue reading Alice in Wonderland tax facing a legal challenge
Leicestershire Property 