Mortgage
Pay mortgage or top up pension?
A question recently received poses an interesting quandary about whether to use bonus payments to reduce a mortgage or top up a pension.
Latest
Property
House prices rising faster in Scotland than elsewhere in UK
Scottish house prices rose to £27k in the last year, more than anywhere in the UK, and this is despite the number of BTL properties coming on the market.
CGT
Will Capital Gains Tax on property remain unchanged?
There is a suggestion that Chancellor Rachel Reeves will not increase capital gains by selling a second property. Is this true?
Inflation
Inflation falls to lowest level since 2021
The predicted 2.1% inflation figure for September was smashed as it fell to 1.7%. What matters to us on this site is whether interest rates will now fall?
Support
New Support System for Questions
To help provide better answers to questions and for users in general I have built a new support system.
Interest
Bank of England Governor now suggests quicker interest rate drop
Andrew Bailey, the Bank of England Governor, has changed his tact slightly. Last week, he suggested a gradual fall in interest rates; now, he suggests it accelerates their movement!
EPC
EPC funding announced to support landlords
The Government announced A new grant to support improvements in energy efficiency. It's limited to England and then to only certain postcodes.
EPC
EPC C for rental properties by 2030
Labour indicates that rental properties will require a minimum EPC rating of C by 2030.
Bill
Government renters bill overview
Full details of the Government's Renters Rights Bill have been published. As a landlord, I believe there are some fair points and some not-so-fair. Let's take a look at the key points.
Interest
Bank of England Governor expects interest to fall
Andrew Bailey, the Governor of the Bank of England, has suggested he expects interest rates to fall but is not so open to suggesting when. However, let's take it as good news.
Tenants
Most in demand area for tenants
Tenants have struggled in various ways in the last few years; rising rents and reduced supply of properties are key, among others, despite recent suggestions that Labour is turning landlords away with planned changes in legislation. The market is still there, and some areas are struggling with dema
Inflation
Inflation holds at 2.2% in August 2024
Inflation remained steady at 2.2% in August 2024. There was hope it would dip below 2% by this point in the year, but holding instead of increasing is still welcome. It's still good news for interest rates, we hope.