6-week wait for Universal Credit payment is hurting both tenant and landlord as the financial pressure on both mounts.
BoE keep base rate at 0.25% amidst Brexit focus
Commercial Trust’s CEO Andrew Turner gives his views on the buy to let market, the factors that have shaped it over the last 6 months and looks to the future to see how things are shaping up for 2017.
Autumn Statement 2016 sees ban on letting agent fees to tenants,£2.3bn investment in Housing Infrastructure Fund to build 100,000 new homes and £1.4bn for 40,000 affordable homes.
In light of worsening economic conditions following Brexit, the Bank of England has cut interest rates by 0.25%.
Financial turmoil in China has impacted markets across the globe. Find out what impact this could have on the UK’s buy to let sector.
Mark Carney has indicated that the time for a rise in interest rates is moving closer, whilst the ONS has reported a fall back to 0% inflation in June.
The Bank of England is set to abandon plans to regulate buy to let and release billions in extra funding, according to its latest report.
The Governor of the Bank of England has hinted at a need for looser monetary policy in the wake of the vote to withdraw from the European Union.
The ‘leave’ campaign has claimed a narrow victory in the referendum to decide the UK’s membership of the EU. Find out how ‘Brexit’ could affect the economy, housing market and private rental sector in the coming months and years.
The chancellor has chosen not to exempt large investors or limited companies from the 3% stamp duty surcharge.
Bank officials have told the Treasury Committee that they could cut interest rates further to help stimulate the economy.
Chancellor George Osborne revealed details of his Autumn Statement on 25 November 2015. Find out about new measures that will affect landlords in the UK.
George Osborne has announced the restriction of tax relief for buy-to-let landlords as part of the government’s deficit reduction plans for the coming year.
The Bank of England have warned that the buy-to-let market could pose a risk to financial stability in a rising interest rate market.