Buy-to-let body calls for return of landlord tax breaks to stem flow of selling up and ease rental supply crisis Re-instating mortgage interest relief could ease the rental supply crisis This tax relief was replaced by a less generous system It has been one of the contributing factors to landlords selling up By Helen Kirrane … Read more
Landlords enjoy greater buy-to-let mortgage choice but rates remain high – and some investors who can’t remortgage are stuck paying 9.5% Buy-to-let product choice has returned to pre- mini-Budget levels But experts warn rates are high, despite a slight fall in homeloan costs Experts say these cuts do little to take the sting out of … Read more
Many Britons had to ditch foreign holidays due to the pandemic and instead descended on mass to the UK’s tourist hotspots. But with the travel ‘red list’ being cut down to just a handful of destinations, going abroad is now easier than it has been for months. Those seeking to buy a holiday let in … Read more
Britain’s landlords did not embrace the stamp duty holiday with fervour as feared, new research suggests. The share of homes going to property investors edged up slightly, but not to the degree that some had suggested it would in a forecast rush to take advantage of lower tax rates. In fact, buy-to-let investors completed tens … Read more
Buy-to-let landlords can now bag mortgages with interest lower than 1 per cent, after two lenders slashed their rates. Those buying a home to live in have enjoyed super-low rates for some time, but this is the first time landlords have been able to get in on the action. The Mortgage Works, Nationwide’s buy-to-let arm, … Read more
More women than ever are becoming landlords, as their interest in property continues to outpace other investments such as stocks and shares and cryptocurrency. Women now make up 48 per cent of the 2.6million buy-to-let landlords in the UK, according to analysis by London estate agent, Ludlow Thompson. Whilst the number of male landlords increased … Read more
There are more buy-to-let mortgage deals available now than at any point during the pandemic, including ‘green’ deals – but some landlords are considering leaving the market due to incoming energy efficiency rules. The number of deals on the market has reached more than 2,700, according to Moneyfacts, the highest since March 2020 and an … Read more
Punitive tax changes have meant that landlords have bought a quarter of a million fewer homes in the past five years. Since April 2016, landlords have bought around 700,000 homes across Britain. This is 250,000 – or 26 per cent – fewer than they would have if the tax regime had stayed the same, according … Read more
Three in five landlords are now interested in a ‘green’ mortgage – but only four lenders are offering them, and only one on new purchases. A total of 62 per cent of landlords described themselves as ‘interested’ in the loans, which reward them for making their properties more energy efficient, according to research by mortgage … Read more
My partner and I are finally buying a new home with more space and a garden, having struggled in our one-bedroom flat during lockdown. We are in the fortunate position of being able to buy without having to sell and we have therefore decided to keep our flat as an investment and rent it out. … Read more