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Reasons to be positive in property

Monday 15 January 2018

It’s Blue Monday today, apparently the most depressing day in the year, with Christmas a distant memory, the winter dragging on, and pay-day still that little bit too far away.  

But it’s not all doom and gloom! Here’s a summary of some reasons to be positive in property, and how you could make your own luck in 2018…

Reasons to be positive in property

Ban on letting agents' fees delayed until Spring 2019 
A ban on letting agents’ fees for tenants will not be come into force until spring 2019 - because of the time it will take for the legislation to get through parliament.

Landlords' pricing power is on the up again
Average asking rents in the North East soared by 3.3 per cent, year on year in the fourth quarter of 2017, new data from Rightmove’s rental trend tracker shows.

First time landlords' appetite for property proves buy-to-let remains popular
Seven percent of a mortgage lender's new business in 2017 came from first time landlords - despite regulatory and tax changes that may have acted as a deterrent.

Landlords can still claim billions in tax relief
Many buy-to-let investors are still eligible to receive around £16.7bn worth of tax relief before new rules are fully phased in over the next two years.

Major success for landlords in redirecting “housing costs” of UC

Landlords are celebrating a major success after the Department of Work and Pensions (DWP) changed instructions for staff handling the “housing costs” element of Universal Credit.

Make your own luck

Feng Shui, property, and you in 2018 
Think Feng Shui is all mumbo-jumbo nonsense? Don’t knock it until you’ve tried it, says property mentor and resident Simple blogger Bindar Dosanjh. 

New Year, New You - resolutions for landlords 
Carl Agar, MD at Big Red House, encourages landlords to think about professional development, getting to grips with new legislation, and growing their businesses in repsonse

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We want to add value to landlords with interesting news and views! Our Hub includes information and opinions on the housing market from a variety of expert sources – please just be aware it doesn’t always reflect Simple’s opinion, or the products and services we provide.