Hamptons compared the number of newly agreed lets in the top and bottom deciles according to the government’s Index of Multiple Deprivation. The gap between the two ends of the market is widening. In the month of September alone, in the top 10pc most affluent areas, the number of new […]
Buytolet
Revealed: London’s new buy-to-let hotspots
Renters moving within London are driving the market In Kingston upon Thames, inquiries from inner London tenants in August were more than double the number in August 2019, according to OnTheMarket. The leafy area in south-west London is home to Kingston University. Travel restrictions and remote learning mean that the international […]
The buy-to-let property markets worst hit by the universities crisis
The A-levels fiasco has created a “perfect storm” that will leave landlords in lower-tiered cities facing chaos when university term starts. As some students were awarded their predicted grades, giving them higher results than expected, many are now likely to ditch their back-up university options. This means that student numbers in towns with lower ranking […]
How does the stamp duty holiday work for second homes and buy-to-let purchases?
Since April 2016, anyone buying an additional property – essentially, second homes and buy-to-lets – has had to pay an additional 3 percentage points in stamp duty. The charge applies above the normal stamp duty rates. Now the normal stamp duty rates have been cut, those buying an additional home will also […]
Buy-to-let investors prepare to swoop on housing market downturn
The property market is in limbo: sales are on hold, landlords are struggling, and mortgage searches last month were down 44pc on the previous four-week period, according to the online provider Twenty7Tec. But some buy-to-let investors are spotting opportunities, and are getting their deals lined up for when the restrictions […]