Legal Update for Landlords: Changes to Legislation

In April 2017, local authorities gained the power to fine rogue landlords up to £30,000. Although this is an exceptionally high figure, it is reserved for landlords who are deemed inept, are in serious violation of housing regulations, or are found guilty of abusing tenant rights.

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News: Buy-to-Let Rates on the Rise Again

Buy-to-let mortgage rates have risen in April, the first time they have done so since January, signalling an end to the period of reductions. The rise of the rates has affected two-, three-, and five-year terms and so far, only five-year fixed rates have failed to return to their February averages.

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How to Calculate the Profit of Your Property Development

Entering the world of property development can be a lucrative decision, but the costs of your projects can soon add up. It is important to consider each stage of your development in advance, to ensure that your project is a financially worthy venture.

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News: UK House Prices Increase 0.6% in a Month

Thanks to a recovery in the London property market, UK house prices have risen at their fastest pace in a year during February 2017 – boosting the average house value to £297,832. High-value London boroughs had already seen a 0.8% increase in property prices in January, reversing the trend shown in the last few months. […]

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How to Avoid Potential Financial Pitfalls as a Property Developer

Becoming a property developer is an exciting venture that will give you the opportunity to renovate a property or build one from scratch, returning an attractive profit. Developing a property requires enormous commitment though, and financial stability, to ensure you reach a successful completion.

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