Page 14 - Property Master News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Angus Stewart, the chief executive of online buy-to-let mortgage broker Property Master, has called on the Chancellor to offer more support to landlords struggling to meet the cost of the government’s “stretching” new energy efficiency rules in his Budget. As part of its Net Zero greenhouse gas target for 2050, the government is proposing to increase the mandated Energy Performance Certificate for private rented homes from the current E to a C for all new tenancies by April 2025 and for all existing tenancies by 2028. Stewart said: “We are very concerned about the noises we are hearin...

Falling rents and shift from city centre living means London property valuers are spooked 21 January 2021 • 6:00am London landlords and flat owners have been hit by massive falls in property values as plummeting rents and a shift towards larger properties has forced mortgage lenders to reevaluate prices.  The growth of working from home has caused buyers and renters to move further away from offices, leaving a question mark hanging over the value of central London flats. Inner London rents were down 11.5pc year-on-year in December, according to Hamptons International estate agents. The ...

Almost one in five (17%) landlords are unaware that this is the last year they can deduct any of their mortgage expenses from their rental income according to a new survey by Property Master.