Property Industry News
All the latest stories...Green tax to be introduced to landlords
Hundreds of thousands of buy-to-let homeowners will incur a green tax that will cost up to £5,000, according to a report by the Telegraph. The money will go toward making their properties more energy efficient by paying upfront for measures including insulation,...
How to protect your property from tenant’s damage
Want to protect your property Birmingham landlords? UK landlords are subject to over £5bn in costs every year. That's because of tenants damaging their property and not paying rent. Damage is the most costly of the two with £4.5bn spent on repairs. Protect your...
Birmingham City council threatens against empty homes
Birmingham City homes - the council has threatened the owners of the growing number of empty and abandoned properties in the area. City council bosses have set up a £4.6 million fund to buy up properties that have been left derelict and unused to put them back on the...
Converting a house into flats
If you have lived in or owned a house for a long time, it can be hard to imagine the property as flats. However, conversions from houses to flats are growing in popularity because of the potential financial gains. For most, it is solely a business decision. If you are...
Buy-to-let landlords win giant legal battle
Thousands of buy-to-let landlords in the West Bromwich area are to share a multimillion-pound pay-out after winning a case against West Bromwich Building Society. What happened? The case began in 2013 when the building society decided to increase the monthly cost for...
Birmingham has the lowest tenancy turnover
Tenants spend an average of 18 months in a rented property before moving on new research has found. The research, carried out by insurer Direct Line for Business, analysed major cities in the UK. Results showed that Birmingham has the lowest tenancy turnover in...