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Showing Category: Landlords
The Busiest December for the Portsmouth Housing Market Since 2006
Over the last six months, the Portsmouth Property Market has been flourishing. As soon as an estate agents ‘For Sale’ flag went up, neighbours would be checking out Rightmove to see the internal pictures and compare the asking price to their own home (go on .. admit you do that too – every Portsmouth homeowner […]
Bristol Landlords and Second Homeowners will Probably Save Money from the Proposed New Capital Gains Tax changes
Yet, if the proposals were adopted in full, some Bristol landlords would pay £11,000 less Capital Gains Tax than they would currently The government borrowed £394bn this financial year (April ‘20 to April ‘21). This figure does not include the cost of November lockdowns and support measures, which means the final bill will probably be […]
Are Portsmouth First-time Buyers Being Locked Out of the Portsmouth Property Market?
With the banks reducing the number of low deposit mortgages (i.e. deposit of 10% and below) since Covid-19 hit in the spring, this has meant that the number of Portsmouth first-time buyers has been decreasing quickly, meaning many of those would-be Portsmouth buyers wanting to make the first step on the Portsmouth property ladder are having to […]
Cardiff Landlords and Second Homeowners And The New Capital Gains Tax
The government borrowed £394bn this financial year (April ‘20 to April ‘21). This figure does not include the cost of November lockdowns and support measures, which means the final bill will probably be over half a trillion pounds, these billions will ultimately need to be paid back to cover the cost of Coronavirus. The Office […]
THE PROS & CONS OF BECOMING A LANDLORD IN PORTSMOUTH
The buy-to-let market in Portsmouth is about to enter a challenging 12 to 24 months. Yet by looking back at the last recession and what is happening now, there are vital lessons all Portsmouth landlords can learn to protect themselves, and in fact create opportunities for themselves both in the short term and ultimately the […]
The ‘Trapped Landlords’ of Portsmouth
Going into lockdown in March, the Government proclaimed a ban on tenant evictions, pledging that no tenant in a private rented home, who had lost their wages due to Covid-19 would be kicked out of their private rented home until the late summer. Fast forward to August and the press were being briefed as late […]
The 27,691 ‘Trapped Landlords’ of Bristol
Going into lockdown in March, the Government proclaimed a ban on tenant evictions, pledging that no tenant in a private rented home, who had lost their wages due to Covid-19 would be kicked out of their private rented home until the late summer. Fast forward to August and the press were being briefed as late […]
Portsmouth Homebuyers & Landlords Set to Save £2,011,880 in Stamp Duty Over Next Nine Months
The British are infatuated with owning their own property and politicians know that. Margaret Thatcher used it as a vote winner in 1979 when she allowed council house tenants to buy their own home. Coming to the present day, Boris Johnson’s Conservative government have anxieties that the Brits have not been buying nearly enough homes […]
PORTSMOUTH RESIDENTIAL MARKET REPORT – JUNE 2020
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How to add long-term value to your Bristol property
How to add long-term value to your Bristol property In Bristol we have certainly been busy with new properties coming onto the market and buyers eager to view. Lockdown has meant we have spent many an hour at home and, as such, you could have been contemplating what improvements you could make. If you think […]
Is This the Beginning of the End for Buy to Let in Bristol?
Is This the Beginning of the End for Buy to Let in Bristol? …. and should Bristol landlords & Bristol homeowners be worried? In 2019, the private rented sector accounted for just over four and a half million households or 19.9% of UK households, no change from the year before. Interesting, when compared to […]
Are Buy to Let Landlords Really to Blame for Bristol’s Housing Crisis?
Isn’t it funny that nobody boasts they are a buy to let landlord anymore? Roll the clock back to the early millennium and you couldn’t go to the local golf club or shop at a Waitrose without someone dropping buy to let into the conversation as easily and as often as the weather. Yet […]