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WEBProperty118 has long been a champion for landlords, offering innovative and essential solutions to help property investors restructure their businesses into companies, without being hit by large, unnecessary costs.
Property118 | Consultation on proposed property licensing …
WEB18 hours ago · The consultation, which closes on Monday 14 October, aims to gather feedback on additional houses in multiple occupation (HMO) licensing and selective licensing schemes designed to improve housing standards. Currently, Wandsworth Council operates a mandatory licensing scheme for large HMOs with five or …
UK house prices grow for the third month in a row - Property118
WEB8 hours ago · This marks the third consecutive month of increases, bringing the annual growth rate to 4.7%, the highest level since November 2022. Despite the recent gains, the overall trend in house price growth remains relatively modest. The average property price is now £293,399 – close to the record high of £293,507 set in June 2022.
Property118 | UK Landlords Property Forum - Property118
WEBLandlords face £15,000 Capital Gains Tax hike under Labour. Author: Property118.com News Team. 3 comments so far Reluctant Landlord left the latest comment.
Most Read Articles - Property118
WEBDamp and mould in rental properties is usually caused by tenants, say letting agents. A survey by the Property Ombudsman shows that most letting agents believe condensation caused by actions like drying clothes on radiators and cooking without using extractor fans are the main cause for damp and mould. Priten Patel left the latest comment at 20 ...
Landlords fleeing the PRS as tenant struggles intensify
WEB3 days ago · Landlords are increasingly exiting the private rented sector (PRS), and tenants are facing rising rents, a new report reveals. The 7th annual Goodlord & Vouch State of the Lettings Industry Report paints a grim picture of the UK’s rental market. Around 1,500 respondents took part, and it was found that many landlords are selling their rental ...
Navigating property tax changes – What landlords need to know
WEBSep 5, 2024 · Understanding the Key Tax Changes: The property tax landscape has seen several adjustments, including changes to mortgage interest relief, the introduction of new environmental taxes, and proposed updated capital gains tax rules. For landlords, these changes mean a more complex tax environment that requires careful planning.
Property118 | Renters hit hardest as landlords sell up ahead of ...
WEBRenters are paying the price as demand becomes scarce and costs rise, says Hargreaves Lansdown. The firm reveals that many landlords are selling off properties due to fears of a potential capital gains tax increase in the upcoming October budget, while tenants are now spending a significantly larger portion of their income on rent.
Property118 | If you’re thinking of selling, here’s how to get the ...
WEBMay 15, 2024 · Information About Us Our Site is owned and operated by Property118 Ltd, a limited company registered in England under company number 10295964, whose registered address is 1st Floor, Woburn House, 84 St Benedicts Street, Norwich, NR2 4AB.
Rental yields continue to rise – but the pace slows
WEB3 days ago · However, the pace of growth has slowed, suggesting that the rent rises seen in recent years may be coming to an end. The overall average rental yield for England and Wales now stands at 7.2%, up from 6.9% in the same quarter last year. Despite this annual improvement, the yield has fallen slightly from 7.6% in the previous quarter.