Consequence of Rising Short term Leases

The result of a survey by ARLA Propertymark shows that 2.7% of the 1000 landlords who participated in the study have shifted from privately renting their properties to short-term leases, and the reason is the growing pressure from government regulations: removal of the tax relief, additional stamp duty, and ban on tenant fees.

Number of Young Homeowners Rise in Over a Decade

The National Statistics Housing Survey report shows that the number of homeowners aged 25 to 34 have gone up for the first time in over 10 years.

Homeowners May Lose Money

Property owners wanting to sell their homes may lose money enlisting the services of “quick-sale” estate brokers, according to the National Trading Standards Estate and Letting Agency Team.

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