Hidden Costs of Buying a Leasehold Property

Hidden Costs of Buying a Leasehold Property

Whilst many people consider buying a leasehold property the same as buying a freehold, in reality there are many pitfalls you need to be aware of before you buy…as usual these are contained the small print! Make sure when you buy a leasehold property you obtain...
Landlords Cashing In On Olympics

Landlords Cashing In On Olympics

Tenants in many parts of East London are threatened by eviction as landlords try to cash in on the London Olympics. As one estate agent has commented, many properties that are normally rented for £300-350 a week are now being marketed for £6,000, as the Games are...
UK Repossession Figures Stable

UK Repossession Figures Stable

Home repossessions have remained stable in the first quarter of 2012, with a total of 9600 home repossessions in the first three months of the year. This is identical to the same period in 2011 according to the Council of Mortgage Lenders and is good news for the UK...
17% Increase In Private Tenancy Evictions

17% Increase In Private Tenancy Evictions

The number of tenants evicted by private landlords has increased by 17% since 2007, the beginning of the financial crisis. As opposed to 12,686 possession orders in 2008, this number has gone up to 14,985 by 2011. A possession order is the legal entitlement of a...
HMRC To Crack Down on Overseas Property Tax Avoidance

HMRC To Crack Down on Overseas Property Tax Avoidance

HM Revenue and Customs have announced plans to crack down on offshore tax evasion and one of the first groups to be targeted will be wealthy individuals who are not paying capital gains tax on foreign property. The 200-strong team of investigators will be collecting...
Government To Outlaw Squatting In Residential Properties

Government To Outlaw Squatting In Residential Properties

The Ministry of Justice published its response to recent proposals to criminalise squatting in a consultation paper entitled ‘Options for dealing with squatting’. The Government has announced that it intends to make the illegal occupation of a residential...