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Property News
Two Views on the Ending of the Evictions Ban in the UK
For the pandemic period, a “new normal” has been in place. This new normal has included an unprecedented financial package from the government to help individuals who have lost their incomes to support themselves and find new work. One helpful measure has been the “eviction ban” that prevents landlords from evicting tenants who can’t pay…
Read MorePRESS ARTICLE: Landlords banked £82,000 profit on each rental property sold in 2020
New research reveals that the typical landlord sold their buy-to-let property for £82,450 more than they paid for it in 2020, resulting in an average value increase of 42%, thanks to recent surge in house prices. According to estate agent Hamptons International, landlords benefited from an increase of £3,390 or 4%, compared to the average…
Read MorePRESS ARTICLE: Can Private Landlords Plug The Housing Gap For Social Tenants?
Recent research for the National Housing Federation and Crisis that was carried out by Heriot-Watt University reveals that 145,000 affordable homes should be built annually for the next five years, of which 90,000 a year should be for social rent. This is the lowest-cost housing that councils and housing associations provide, with rents tied to…
Read MoreMCC Accountants Expands With New Branch After Raft of Customer Appointments
Salford founded MCC Accountants, part of The Mistoria Group, are to open a new branch in Cheadle later this month. The small business accountants have grown from strength to strength at their Broughton Road base in Salford over the last 12 years. With the number of customers now at capacity for the solo enterprise, the…
Read MoreNational Landlord Investment Show May 2021
The Mistoria Group MD, Mish Liyanage, will be presenting at the upcoming National Landlord Investment Show – Nationwide Online Super-Show. The event takes place on Wednesday 26th May. Mish’s presentation is entitled “Top Tips in Social Housing HMOs”. The event programme starts at 9:30am and Mish’s presentation is at 11:15am. Anyone who would like to…
Read MoreHowzat! The Mistoria Group sponsor Lancashire cricketer for 2021 season
The Mistoria Group is proud to support Lancashire Cricket Club by sponsoring one of its high-profile Men’s First XI players. Mistoria will be sponsoring Keaton Jennings for the 2021 season. Jennings is a key figure in Lancashire’s domestic squad including the Vitality Blast and LV= Insurance County Championship. Jennings is a top order batsman who…
Read MorePRESS ARTICLE: Benefits freeze will drive up rent arrears for landlords
The Government’s recent benefits freeze will leave tenants across Britain facing rent arrears of £1,000 (* Source: Observer newspaper analysis of Government data, March 2021). From April 2021, the government is freezing the amount of local housing allowance (LHA), so tenants will receive the same amount of money as last year, even though rents have…
Read MorePRESS ARTICLE: Why Landlords Should Embrace Social Tenants
The pandemic, job losses and rising rent prices has meant that in some areas 40% of tenants need benefits help to pay their monthly housing bills. Affordable social housing has become scarcer, leaving many households with no choice but to rent in the private sector – often paying more than they would for a mortgage.…
Read More3 Questions with Mish Liyanage in the latest issue of Landlord Investor Magazine
The Mistoria Group founder, Mish Liyanage, speaks to LI Magazine about what it takes to succeed in property in any economic climate…
Read MoreLandlords: are you prepared for the EICR deadline?
In July 2020, the Government introduced new Regulations on electrical safety standards in the private rented sector. They require landlords to have the electrical installations in their properties inspected and tested at least once every 5 years. Currently, this applies to all properties that were let from 1 July 2020, but from 1 April 2021…
Read MoreStamp duty holiday extension: what buy to let property investors need to know
As part of his 2021 Budget, Chancellor Rishi Sunak has announced that the stamp duty holiday will be extended for a further three months until the end of June. Whilst this will be welcome news for buy to let property investors, there are still charges involved so it’s important to know the details. Here are…
Read MorePRESS ARTICLE: Social tenants have worse mental health than private tenants
Social tenants are suffering with poor mental and lower levels of life satisfaction than private tenants, according to new research. The findings from the latest 2019-20 English Housing Survey show that social tenants have the lowest levels of life satisfaction (71%); are least likely to believe that life is worthwhile (74%); and have the lowest…
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