Archive for April, 2010

Buy-to-let landlords are being held back from expanding their property portfolios because of a lack of mortgage availability, it has been claimed.

Icon Written by Neal on 23/04/2010 – 7:43 am

Vincenzo Rampulla, public affairs officer at the National Landlords Association, says due to the lack of home loan finance it is unsurprising that many landlords are unable to add to their portfolio. “Until lenders release their purse strings we will see many landlords unable to make the most of low interest rates and increased tenant […]

Letting agents may be set to see an increase in demand for their properties.

Icon Written by Neal on 16/04/2010 – 12:47 pm

According to the National Landlords Association (NLA), this is because there are now fewer houses available for rent. Vincenzo Rampulla, public affairs officer at the NLA, explained that accidental landlords are now leaving the rental market, leading to higher demand for the properties that are left. A recent study by Arla found that 58 per […]

Region’s economy continues to strengthen

Icon Written by Neal on 14/04/2010 – 10:35 am

BUSINESS activity in Yorkshire and Humber increased at a faster rate in March, according to new research. The Markit PMI report said there was, however, still a degree of excess capacity, hitting the number of staff in the region. Input costs rose at a steep rate and above the UK average, but output charges continued […]

Landlords dismayed at changes to licensing powers for local authorities

Icon Written by Neal on 09/04/2010 – 8:24 am

Landlords have reacted with anger to the news that local authorities have been given carte blanche to introduce licensing schemes within their areas. Landlords are concerned that authorities may introduce licensing schemes without undertaking sufficient consultation with them and other stakeholders, and may view the licensing of landlords as an easy way to boost their […]

The two changes to Stamp Duty Land Tax (SDLT)

Icon Written by Neal on 01/04/2010 – 7:39 am

See the attachedBudget 2010 Stamp Duty Land Tax