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
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
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
How buy-to-let will lose money
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)
I thought this struck an appropriate note, for all landlords contemplating what the National Landlords Association is calling “2015 – a year we’d like to forget”: Welcome to our last newsletter of 2015 After the assaults on Buy to Let landlords in the Budget and Autumn Statement it would seem that the politicians… Continue reading Christmas Tidings…
Well, not that lot, but the status quo as far as buy-to-let is concerned. I’ve let the dust settle for a week or so before commenting upon the latest round of the Chancellor’s assault on buy-to-let investors (as that is what it’s becoming), mostly because there’s been an awful lot of other commentary around and… Continue reading The Status Quo is gone…..