Category: landlords
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Landlords defy tax hike as buy-to-let share of market edges higher
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Landlords appear to be ignoring the Government’s latest tax rises, according to new data suggesting buy-to-let investors now account for a larger share of property purchases than before the Chancellor’s latest reforms. The analysis, conducted by the Hamptons real estate agency on transaction data from its parent company, Countrywide, shows…
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You’re not ‘working people’, Keir Starmer tells landlords & shareholders as PM draws battle lines signalling major tax hikes in Budget
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Prime Minister Sir Keir Starmer has sparked controversy by suggesting landlords and shareholders do not fall under his definition of “workers” as Labor prepares for one of the biggest tax rises in modern history. As Chancellor Rachel Reeves prepares to unveil her first Budget next week, the government is expected…
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Landlords rush to sell amid fears of capital gains tax hike
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The proportion of rental properties entering the sale market has reached a record high, driven by landlords’ concerns about a potential rise in capital gains tax in the upcoming Budget, according to property website Rightmove. Currently, 18% of properties previously listed for sale have been rented, compared with just 8%…
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Landlords and property managers are offering concessions
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The recent boom in apartment construction has stabilised rental prices, and the increased choice available to tenants means landlords may have to sweeten the deal. Rents have skyrocketed during the pandemic. But things have changed, with landlords and property managers offering concessions to attract residents — and to keep their…
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Landlords are on edge over the housing market’s insurance shock
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The housing world doesn’t need another problem, but it has one: insurance. The insurance landscape is changing, and property insurance companies are either capping the number of policies they write, are more stringent in underwriting, refuse to write new policies altogether, are fleeing altogether, or are raising interest rates. California…
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Housing market crisis: Landlords and investors in the rental space are thriving, top real estate leader says
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It’s no secret that we’re in the midst of an affordability crisis in the housing world. Things have not been the same since the beginning of the pandemic; House prices high and Mortgage rates Also high. For some, the idea of owning a home has become more distant, if not…