Uncategorized

Potential landlords would be wise to make an investment in property as it is “still one of the best options”, according to an expert.

Tom Entwistle, editor at LandlordZONE, says that the thriving residential lettings market proves that the housing sector is a good choice for those wanting to make a future investment. However, he advises that people proceed with care: “Caution is the key to success, investing selectively in the right areas and in the right properties at…

Uncategorized

buy-to-let owners to apply for planning permission

New proposals, which will require buy-to-let owners to apply for planning permission if three or more unrelated people are living in one of their properties, are a “tax on landlords”, one expert has stated. Chris Horne, editor at Property Hawk, says: “It will create a huge amount of uncertainty for landlords looking potentially to buy…

Uncategorized

Reluctant tenants increasing as demand outstrips supply

The UK housing market is experiencing a trend of ‘reluctant tenants’, following a shift in supply and demand for properties, according to the Association of Residential Letting Agents (ARLA). ARLA’s research, conducted across UK letting agents and landlords, reveals that the surplus of rental property is reducing, while demand for properties rises. According to ARLA,…

Uncategorized

Business rate hike hits zoos and cricket grounds

Hundreds of thousands of businesses – including many icons of Britain – will be hit by sudden and dramatic tax rises this April under changes to Government business rates. By Andrew Gilligan Published: 8:30AM GMT 03 Jan 2010 The Lions at Longleat Photo: ALAMY Many will see the rateable value of their premises increased by…

Uncategorized

RICS Housing market forecast – December 2009

Battling The Headwinds • The housing market has come through the past year in rather better shape than might have been expected in the wake of both the turmoil in financial markets and the subsequent sharp contraction in the economy. Nevertheless, significant challenges relating both to the macro environment and property market dynamics remain. •…