North Easterners gloomiest about house prices

North Easterners gloomiest about house prices

🕔14:44, 20.Jul 2015

North Easterners are the most pessimistic people in the UK when it comes to property prices 11% of homeowners in the region believe the value of their house will fall this year –five-and-a-half-times the national average, and almost double the

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Scottish house prices resilient in face of tax disruption

Scottish house prices resilient in face of tax disruption

🕔13:06, 14.Jul 2015

Scottish house prices up 10.3% since May 2014 – twice the annual growth seen in England & Wales But 2.1% monthly correction in wake of new LBTT in May, with only one £1m+ home sold in two months Home sales

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UK landlords warned that incomplete inventories costing Britain’s tenants dearly

UK landlords warned that incomplete inventories costing Britain’s tenants dearly

🕔13:02, 14.Jul 2015

The Association of Independent Inventory Clerks (AIIC) is warning that tenants could lose thousands of pounds due to items that have been detailed in the property inventory going missing at the end of a tenancy. As student tenancies come to

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Number of UK property millionaires tops 1/2 million

Number of UK property millionaires tops 1/2 million Updated

🕔12:38, 11.Jul 2015

524,306 Britons are now property millionaires, up 8.3% on last year 10,958 streets in Britain with now have average property values of £1m+ Kensington & Chelsea takes top 3 most expensive streets prize again  The number of homeowners in Britain

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Landlords could start to raise rents after budget cut to their tax benefits

Landlords could start to raise rents after budget cut to their tax benefits

🕔16:22, 9.Jul 2015

Britain’s two million buy-to-let landlords were left reeling after the chancellor slashed tax relief for property investors, provoking warnings of a potential mass sell-off of homes – or widespread rises in rents. In a £2bn tax bombshell, from April 2017

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Buy to let tax break removed for wealthy landlords, housing shares fall!

Buy to let tax break removed for wealthy landlords, housing shares fall!

🕔16:04, 9.Jul 2015

Britain is cutting tax relief on mortgages for wealthy landlords to eliminate some of the advantages they have over people buying their own homes, chancellor George Osborne said on Wednesday. Landlords who pay higher-rate tax are able to claw back

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Return on HMO’s for working professionals outperformed standard Buy to Let investments by 40% from 2010-14

Return on HMO’s for working professionals outperformed standard Buy to Let investments by 40% from 2010-14

🕔13:05, 9.Jul 2015

Over 2010-14, HMOs for working professionals achieved a total return on equity of 108% compared to 77% for standard buy-to-let investments Every £1,000 invested in these HMOs in 2010 would have grown to £2,080 by 2014, compared to £1,770 in

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UK landlords mortgage interest relief changes announced in the Summer Budget

UK landlords mortgage interest relief changes announced in the Summer Budget

🕔12:59, 9.Jul 2015

Steve Bolton, Founder and Chairman of Platinum Property Partners (PPP) comments on the changes to mortgage interest relief for landlords announced in the Summer Budget: For decades, the private rented sector has been providing much-needed homes to meet a growing

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