Nick Woodward, director of lettings at Essential Living, gives insights into why renting may be the best option for many. 1. Responsibility...
Archive
![Renting set to boom as buying is even less affordable](/upload/images/shutterstock_1050917612.jpg)
The average house prices in England was £290,000 last year, some 8.3 times average annual earnings. This was actually down from 8.5...
26 March 2024
From: Breaking News
![Generation Rent: homeless data shows “whole new level of horror”](/upload/images/shutterstock_270470528(1).jpg)
Activist group Generation Rent has described the latest homelessness data from the government as showing “a whole new level of horror.” It...
01 March 2024
From: Breaking News
![The Rich Embrace Renting Over Selling](/upload/images/Shutterstock-only%20images/Rental%20Market/ToLetBoard-400x310.png)
Deciding on a residence in the bustling city of London is no small feat, especially when faced with the dichotomy of...
17 February 2024
From: Agent Advice
![Selling Up? What to expect if you use a property auction](/upload/images/shutterstock_2118853796.jpg)
Landlords are selling up in significant volumes these days - partly to cash in on capital appreciation, but mostly thanks to...
10 February 2024
From: Agent Advice
![Official figures show house prices to suffer significant fall next year](/upload/images/Shutterstock-only%20images/Property%20Market/HousePriceChange.png)
The Office for Budget Responsibility - a Treasury department operating independently from the government - released its central forecast for the...
23 November 2023
From: Breaking News
![Government bags £884.2m in SDLT despite threshold changes](/upload/images/Rental%20Market/UK-Cash-NEW-400x310.jpg)
Research by Quickmove Properties estimate that, despite changes to stamp duty thresholds implemented last September designed to save homebuyers money, the...
07 September 2023
From: Breaking News
![Sweeping Tax Reform for Landlords - six key demands](/upload/images/Shutterstock-only%20images/Property%20Market/TaxCoins-400x310.png)
Sweeping tax changes for landlords have been demanded by letting agents group Propertymark. The group has analysed the impact of changes using...
05 September 2023
From: Breaking News
![The Benefits of Landlord Incorporation](/upload/images/shutterstock_2082869128.jpg)
Scores of portfolio landlords are incorporating their property portfolio as limited companies, which could save hundreds of thousands of pounds on...
26 August 2023
From: Tax & Finance
![Government investment zones driving up rental markets - claim](/upload/images/Shutterstock-only%20images/Property%20Market/PropertyStats-400x310.png)
Tax expert David Hannah claims that the government's 12 new high-growth investment zones have already begun to drive property prices in...
14 April 2023
From: Breaking News
![The War On Landlords - a reader writes…](/upload/images/Shutterstock-only%20images/Rental%20Market/Tax-400x310.png)
Landlord Today receives a number of unsolicited contributions from readers. These are always welcome but few are as well argued and...
11 April 2023
From: Breaking News
![Triple Whammy Tax Attack on landlords proposed for Budget](/upload/images/Shutterstock-only%20images/Rental%20Market/Tax-Image-400x310.png)
A controversial new report demands that the government uses next month’s Budget to sharply increase tax burdens for landlords. The Joseph Rowntree Foundation’s...
24 February 2023
From: Breaking News
![Shamplina Speaks - rental sector facing biggest challenges in 30 years](/upload/images/Site%20logos/PaulShamplinaLandlordTodayLogo-400x310.jpg)
I think 2022 can be summarised as ‘unsettling’ to say the least. With three prime ministers in less than six months,...
03 December 2022
From: Rental Reform
![Understanding Buy To Let finances – tips for new landlords](/upload/images/Shutterstock-only%20images/Property%20Market/Property-Value_400x310.png)
Although the property and mortgage markets have been in a state of flux for the past few months, with rising interest...
03 December 2022
From: Tax & Finance
![Forget buy to let - try other property investment, landlords urged](/upload/images/Shutterstock-only%20images/Property%20Market/LandlordNews-400x310.png)
A prominent figure in property investment is warning that buy to let is the sector facing the biggest challenges in the...
21 November 2022
From: Breaking News
![Cashing Out - more landlords will quit, predicts new bank survey](/upload/images/Shutterstock-only%20images/Rental%20Market/Stressed(F)Tenant-400x310.png)
New research from the bank Handelsbanken suggests some landlords will reduce their portfolios if economic conditions worsen. Almost 60 per cent of...
16 November 2022
From: Breaking News
![Property Trader or Property Investor? why it matters for tax](/upload/images/Shutterstock-only%20images/Rental%20Market/Tax-Image-400x310.png)
If you are involved in property, it is important for tax purposes to be aware if your activities will be classed...
15 October 2022
From: Tax & Finance
![More landlords giving tenants first refusal on properties sold off](/upload/images/Housing%20Market%20%26%20Property%20Images/BGFirstTimeBuyers.jpg)
A range of mortgage brokers are reporting an increase in enquiries from private tenants who have been given first refusal to...
07 September 2022
From: Breaking News
![The Golden Age of Buy To Let is Over](/upload/images/library/BuytoLet3-400x310.jpg)
Amateur landlords have fallen out of favour. Buy-to-let properties – once the darling of budding investors looking for stable, long-term returns...
13 August 2022
From: Agent Advice
![Is This The Right Time for Landlords to Incorporate?](/upload/images/library/House-Tax-400x310.jpg)
More SME landlords are seeking advice about whether now is the right time to incorporate, before progressing plans to secure more...
13 August 2022
From: Tax & Finance
![London landlords contribute to eye-watering stamp duty payments](/upload/images/library/StampDuty1-400x310.jpg)
Landlords in London contributed to an extraordinary £440m in stamp duty paid on purchases in the first six months since the...
21 July 2022
From: Breaking News
![Landlords - should you tell tenants about another tax?](/upload/images/library/TenantsLandlordTalking-400x310.png)
A little-known law unearthed by a lettings agency may be bad news because it means some private renters are likely to...
12 January 2022
From: Breaking News
![Landlords Beware - stamp duty probes likely to soar in near future](/upload/images/library/StampDuty1-400x310.jpg)
The many thousands of landlords who have snapped up properties have been advised to be on alert - a tax consultancy...
13 August 2021
From: Breaking News
![Landlords warned tax change could have surprising impact](/img/default/llt.png)
The government’s much-hyped ‘tax day’ yesterday had - by comment consent - an underwhelming impact on the property sector. However, one tax...
24 March 2021
From: Breaking News
![“Don’t hand money to millionaire landlords” unions tell government](/img/default/llt.png)
Trade unions have joined the call for renters with Covid-related arrears to get cash help from the government - but they...
02 March 2021
From: Breaking News
![Rental Income Taxation: A Landlord Impact Analysis](/img/default/llt.png)
The changes to Mortgage Interest Tax Relief and impact on your wallet Before April 2017 landlords with a mortgage on their buy-to-let...
14 January 2021
From: Sponsored Content
![Is this the right time to invest in property?](/img/default/llt.png)
Although the last six months have undoubtedly been difficult for many property investors and landlords for others this has been a...
28 September 2020
From: Sponsored Content
![UK Landlords need to prepare to survive these challenging times By David Alexander, joint Managing Director of apropos](/img/default/llt.png)
There has never been a harder time to be a landlord in the UK. The pressures that the last six months...
28 August 2020
From: Sponsored Content
![BTL product numbers dip as rates start to rise](/img/default/llt.png)
There appears to have been an increase in demand for buy-to-let property since the chancellor announced a stamp duty holiday, but...
19 August 2020
From: Breaking News
![The options set to reinvigorate the buy-to-let market](/img/default/llt.png)
It’s no secret that the war on landlords has escalated heavily since 2016 and as we find ourselves in a new...
04 March 2020
From: Breaking News
![Latest tax changes prove the ‘final straw’ for many small buy-to-let landlords](/img/default/llt.png)
Cuts to tax relief and other rule changes are driving out smaller landlords, the latest figures show. Official HMRC data reveals the...
10 February 2020
From: Breaking News
![How buying and selling property in Scotland differs from England](/img/default/llt.png)
They may be part of the Union, but the process of buying and selling property in Scotland and England differs markedly. It’s...
07 November 2019
From: Breaking News
![Moving home? Here’s your guide to property jargon](/img/default/llt.png)
When it comes to buying, selling, letting or renting a property, you will likely be faced with words, phrases, acronyms and...
08 October 2019
From: Sponsored Content
![Proposed taxation would see the reality of owning property ‘greatly diminish’](/img/default/llt.png)
Many young people would find it significantly harder to get a foot on the housing ladder, leaving many effectively renting for...
25 September 2019
From: Breaking News
![The next chancellor must reverse ‘tax changes impacting private landlords’](/img/default/llt.png)
The Tory leadership contest is well underway with just two candidates - Boris Johnson and Jeremy Hunt - left in the...
28 June 2019
From: Breaking News
![Philip Hammond urged to scrap stamp duty and CGT surcharges](/img/default/llt.png)
The Chancellor Philip Hammond may have only announced last week that the Autumn Budget will take place on Monday 29 October,...
01 October 2018
From: Breaking News
![Buy-to-let market to remain subdued until 2021](/img/default/llt.png)
The buy-to-let market is expected to remain subdued for the next three years mired by tax changes and tougher mortgage lending...
21 August 2018
From: Breaking News
![Strong support for petition calling for BTL tax relief changes to be reversed](/img/default/llt.png)
An online petition calling for buy-to-let tax relief changes to be reversed has received almost 16,500 signatures. Buy-to-let landlord and property investment...
05 July 2018
From: Breaking News
![Government responds to petition demanding tax changes for landlords](/img/default/llt.png)
The government has responded to a petition calling on the reintroduction of full mortgage interest relief and the scrapping of the...
30 May 2018
From: Breaking News
![Help to Rent and tax reforms among recommendations made to Treasury](/img/default/llt.png)
The National Landlords Association (NLA) has submitted recommendations to HM Treasury ahead of Autumn Budget Statement, due to be delivered on...
25 September 2017
From: Breaking News
![Save on tax: 10 ways to potentially cut what you pay to HMRC](/img/default/llt.png)
Very few of us enjoy filling in a tax return. But here are a few suggestions put forward by London based...
21 June 2017
From: Breaking News
![Most Brits are unaware of the buy-to-let tax changes](/img/default/llt.png)
The vast majority of Britons, including many renters who could soon find their rents rising as landlords look to recoup their...
05 April 2017
From: Breaking News
![Stamp duty surcharge is a ‘by the back door’ tax hike](/img/default/llt.png)
Almost 40% of Stamp Duty Land Tax (SDLT) raised in the third quarter of the year came from property transactions which...
01 November 2016
From: Breaking News
![Government should scrap stamp duty to create a 'buoyant and vibrant' market](/img/default/llt.png)
The Society of Licensed Conveyancers (SLC) has called for the government to abolish stamp duty to create a more “buoyant and...
08 August 2016
From: Breaking News
![Buy-to-let rush fuels increase in SDLT receipts](/img/default/llt.png)
April provided the government with the highest Stamp Duty Land Tax (‘SDLT’) revenue ever recorded for a single month, according to...
25 May 2016
From: Breaking News
![Stamp duty surcharge on additional homes – what landlords need to know](/img/default/llt.png)
The recent increase in stamp duty land tax (“SDLT”) on “additional residential dwellings” represents the latest in a series of measures...
16 May 2016
From: Breaking News
![Stamp duty hike is “threat to rents”](/img/default/llt.png)
Peer-to-peer lender LendInvest has examined the financial impact on landlords – and their tenants – of the additional 3% Stamp Duty...
31 March 2016
From: Breaking News
![Warning against falling for stamp duty surcharge 'avoidance' scam](/img/default/llt.png)
The Residential Landlords Association (RLA) is warning private investors not to be lured by firms offering schemes which allegedly promise to...
10 February 2016
From: Breaking News
![KPMG predicts higher rents in 2016 as tax changes hit](/img/default/llt.png)
Accountants KPMG has warned that the upward trend in buy-to-let may reverse in 2016 due to the tax changes being introduced...