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The UK property market has been rather dysfunctional in recent years. Brexit has caused uncertainty, the housing market is facing chronic undersupply, and stagnating wages have put many off from buying.
As the year is coming to a close, it’s time to look back at what has happened in the world of letting industry. 2018 was a busy year for landlords in terms of keeping up with legislation and its impact on the industry. Here’s a look at some of the legal issues landlords faced in 2018.
The UK is full of stunning properties. Even within the best properties, some are more luxurious than others and while we might not all be able to afford to rent a mega-mansion, we must admit that these rentals look stunning!
Whilst a review of mortgage interest relief and a removal of the 3% surcharge on Stamp Duty lead the wish-list of changes that UK private landlords would like to see announced in next week’s Budget, they nonetheless won’t be deterred from the market whatever Philip Hammond announces.