Property Investors Weekly News: 20/4/2020

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Property Investors Weekly News: 20/4/2020

Let’s start the week with some of the hottest property news articles delivered straight to your sofa. We are now on week 2 of our recommended weekly reads with a book which has changed the lives of many. If you have any book recommendations we would love it if you would let us know on our social media pages.

Stay safe, keep calm and remember we are all in this together. Enjoy this week’s newsletter:

Mapped: the areas where buy-to-let landlords need licences in 2020

More than 50 councils in England now operate licensing schemes for buy-to-let landlords, but do you need a permit to let a property in your area? Hover over an area on the interactive map to find out whether it operates additional licensing, selective licensing, or both.

https://www.which.co.uk/news/2020/04/mapped-the-areas-where-buy-to-let-landlords-need-licences-in-2020/

Don’t jump on the repayment holiday bandwagon

Landlords have been warned to not spoil bank’s goodwill towards landlords in real trouble by applying for a payment holiday if they don’t need one. By applying when not needed could jeopardise remortgage or purchase applications they have with that same lender.

https://www.property118.com/dont-jump-on-the-repayment-holiday-bandwagon/

Leading estate agent calls for a stamp duty cut to revive the property market and prevent a collapse after lockdown

Urgent stimulus from the Government is needed to ward off a collapse in the UK’s housing market according to research by the property consultancy Knight Frank. They are calling on the Government to implement a stamp duty holiday.

https://www.thisismoney.co.uk/money/markets/article-8234777/Experts-warn-urgent-stimulus-Government-needed-ward-collapse-UKs-housing-market.html

Book Recommendation Of The Week – The 7 Habits Of Highly Effective People by Stephen R. Covey

property investors book

When it was first published in 1989, this book was an almost instant bestseller. With over 25 million copies sold worldwide, today this book continues to help millions become more effective in both their personal and professional lives.

Why do we love this book?

In this book Stephen R. Covey reveals a step-by-step pathway for living with fairness, integrity, service, and human dignity –principles that give us the security to adapt to change and the wisdom and power to take advantage of the opportunities that change creates.

Available to buy from Amazon

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