The Landlord Vision property management software blog

Taking out a mortgage is a common way to build a property portfolio, but landlords are coming under increasing pressure from the Bank of England, which is making buy to let mortgages more difficult to come by. Read more…

Yesterday’s Autumn Statement has caused a storm in the private rental sector after Phillip Hammond announced a ban on tenant fees. Landlords are now concerned that letting agents will charge them more to cover the loss in revenue from tenants. Read more…

The UK’s biggest buy to let mortgage lender has become the first to place lending restrictions on landlords in higher tax brackets. Currently, landlords borrowing money from Birmingham Midshires are expected to charge rents equal to 125% of their monthly mortgage repayments. Read more…

From last week, benefits will be capped at £20k a year. An estimated 100,000 households will be affected by a cut in their housing benefits, the majority of them in London. Experts fear that many tenants living in the private sector could face losing their homes because they can’t afford the rent. Read more…

Londoners are still struggling to get on the property ladder. New research from a crowdfunding platform claims it will take, on average, 121 years for someone earning around £34k a year to be able to save up enough deposit to buy an average flat in the capital. Read more…