Stamp duty on home purchases has been completely reformed overnight.
George Osborne announced the reforms during Wednesday’s autumn statement. He claimed that 98% of homeowners in England and Wales would pay less after the changes than they do under the current system. Continue reading
Whether investigating buy-to-let for the first time or mulling over the next property in your expanding portfolio, you need to be clear about what you are looking for. There are healthy returns to be made – an annual average of 9.7% according to recent figures – but these will only come from knowing the risks and planning sensibly. Finding the right property is an essential part of this. So here are the key things to get straight before heading out to find the property of your (or, rather, somebody else’s!) dreams… Continue reading
A new report looks at how the UK’s housing market will appear in 2040. The results seem bleak.
The research, conducted by The Joseph Rowntree Foundation (JRF), claims that rent increases in the private rental sector could put future generations in poverty and add billions to the housing benefit bill.
A Devon couple is claiming to have been mis-sold insurance after being told they can’t claim for damage caused by tenants.
According to the Daily Telegraph, their tenants – who appear to have been operating a cannabis farm within the property – caused £56,000 of damage, which Saga is refusing to cover. Continue reading