Official figures highlight impact of higher borrowing costs on landlords and tenants.
Back in 2019, the Government promised a ban on so-called no-fault evictions. Section 21 was to be outlawed. While some housing campaigners celebrated the proposal, the private rental sector was thrown into a state of uncertainty and confusion which has continued to this day.
The latest House Price Index from Rightmove recently released shows prices have continued to increase and selling times have dropped. However, buyers and sellers have been warned this could cause sales to fall through.
Did she or didn’t she? A row over Angela Rayner’s tax affairs has been building for weeks and, if the Conservatives have anything to do with it, won’t go away now.
Buying a home unfortunately means coming face to face with stamp duty, one of Britain’s most hated taxes. Having paid out for a deposit, professional fees, estate agent fees and moving costs, this tax charge is an unwelcome payment.
Buying a home – whether it’s your first or your fifteenth – is commonly ranked as one of life’s most stressful events. This year, mortgage chaos and an uncertain outlook for the housing market have added further complications.
The total return of the average buy-to-let property has reduced by 6% over the last two years, driven by a sharp increase in mortgage costs and agency fees and a reduction in capital appreciation.
The Government’s house building aims took another blow with a total fall last year.
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