TPP448: October Market Update

It’s the October Market Update

It’s that time again, it’s the October Market Update!

And what a busy month it’s been, Rob & Rob have got plenty to cover and we’ve got a shedload of news stories for you to sink your teeth into.

We’ll be covering everything from eviction notices, mortgages, tax and party conference headlines.

So, settle in as The Robs to talk you through this month’s latest headlines.

Here’s all the links you need:

Market:

• UK House Price Index – August 2021
• Michael Gove set to pause contentious planning shake-up
• Labour to give first-time buyers exclusive access to new properties

Rents:

• Rental void times lowest for six years: Arla Propertymark
• Surging rents in Manchester
• Rental demand set to stay high as first time buyer age rises
• New generation rent: Why baby boomers are selling up and choosing a more flexible lifestyle

Holiday Lets:

• Holiday Lets may be the next Buy To Let, says Moneyfacts
• Devon confirms 70% drop in PRS as ‘terrifying’ Airbnb trend bites

Mortgages:

• Buy-to-let bonanza: Landlords can now bag a sub-1% mortgage rate as TWO lenders launch super-low interest deals - but beware the fees

Tax:

• HMRC gives landlords more time to comply with new ‘making tax digital’ rules

Evictions:

• Landlords hit back as Welsh Government extends notice periods again

Licensing:

• UK’s most expensive ever HMO licensing scheme to launch in London

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