NEWS

Property news: benefit cuts put buy-to-let landlords’ rental income at risk

Are there about to be changes in the property market? Buy-to-let landlords are facing mounting financial pressure, as looming benefit cuts threaten rental income in parts of the UK.

Landlords with a property in London and the south coast will be hit the hardest by the Government’s welfare reform, which will see a £23,000-a-year cap on benefit payments for out-of-work households – (formerly £26,000).

Univ...

Crowdfunding sees buy-to-let property funded in 35 minutes

Young professionals hoping to get on the property ladder and people in their 50s, wanting to fund their retirement through buy-to-let investments have had their plans thwarted by booming house prices in recent years. Despite Government housing schemes such as ‘help-to-buy’, for some, home ownership is still a pipe-dream – but is that set to change, as crowdfunded buy-to-let purchases become more popular?

Itâ...

Should You Ever Pay Cash for a Home?

While some of us struggle just to scrape together a deposit for a property, there are people out there who are paying for their homes in cash. And it’s a higher proportion than you might think.

According to a recent survey by building society Nationwide, just under four in ten homes (38%) were sold for cash in the first quarter of the year. This is a record high, and a 2% increase on the 36% average in 2014.

...

What the Tory win means for the housing sector

Are there about to be changes in the housing industry? The general election result sent shockwaves through the nation, as the Conservatives achieved a parliamentary majority with 331 seats.

But what does it mean for the property market?

Housing was high on the agenda for all of the political parties this year, as it’s an issue that affects more of the electorate than ever before. Due to the failure of past Go...