Author: Property News Room News

Home buying company the Open Property Group (OPG) has reported a 56% jump in PRS property purchases during the past year, with landlords blaming red tape for their decision to…

They’ve been dubbed “fireproof tenants” – news this week reached fever pitch for landlords who rallied together in outrage to hear that multiple local councils had advised tenants “not to…

Ditching leaseholds is ‘entirely possible’ although some flat owners still aren’t convinced about moving across to commonhold, a government report has concluded. It explains that while reaching a point at…

A veteran landlord with an OBE has been handed a whopping £300,000 fine after two decades of managing illegally converted houses. Nirpaul Riat was given one of the largest ever…

Landlords and holiday homeowners continue to be clobbered by a tax grab from the Welsh Revenue Authority. The latest figures show revenue from the higher rate of stamp duty –…

The FT reports a surge in property stocks as inflation falls, and bricks and mortar property values could soon follow stocks? The latest Office for National Statistics (ONS) measure of…

A leading portfolio landlord in Northern Ireland has vowed to focus on the commercial sector after becoming fed up with the UK’s overbearing tax regime. Ian Jackson, a Belfast-based property…

The number of available private rental homes has dropped by more than a third since 2019 to a 14-year low. Only 241,000 PRS homes were available last month compared with…

Landlords should be prevented from serving an eviction notice for at least the first year of a tenancy, in the case of repossession for selling or occupying the property, according to…

According to the Daily Telegraph, around 225,000 landlords will be in a loss making situation following the latest jump in refinancing costs. It is estimated that these landlords will be…