HMRC starts sending text threats

Ping! Pay your tax now or face a penalty. HMRC starts to send 'threatening' SMS texts to taxpayers https://t.co/eDxEKw2Qyw

— Telegraph News (@TelegraphNews) September 15, 2016

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Where is the property market heading?

Where is the property market headed next? Great data analysis from @JamesPickford2 https://t.co/W3CppgpYGi via @FT pic.twitter.com/NyeV6D0CdV

— Claer Barrett (@ClaerB) September 15, 2016

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Rental yields still falling

The LSL Property Services BTL Index for July 2016 has been published.

The agency chain's data covering England and Wales shows  -

• Annual rental growth of  5.2%, reversing recent trend. 
• South East sees biggest annual rental growth, at 14.9 % over the year ( reflecting a London affordability exodus )
• The highest rental yields were in the North East at 5.5%
• The lowest rental yields are in London at 3.2%. 

Adrian Gill, Director of lettings agents Your Move comments:

“Rents increased by 5.2% in the last year, suggesting the recent slowdown in rent rises may have come to an end.”
“The UK’s vote to leave the European Union has not caused any immediate change in the rental market, although we must wait for longer term trends to develop.”

“For landlords, market sentiment remains positive with the vast majority still looking to add to their portfolio of properties, despite the Brexit vote.”
“The South East was home to the biggest leap in rents, with many Londoners moving further a eld in an attempt to escape high rents in the capital.” 

Rental Yields are still falling 

The LSL data shows average gross rental yield for properties in England and Wales are still falling,  down at 4.5% compared with 5.1% 12 months ago.

The best rental yields are to be found in the North East, now at 5.5% thanks to the regions cheap property prices.

The lowest yields are obviously in 'boom town' London, where the average rental yield now stands at just 3.2%, falling from 4.5% a year ago.

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Who are Britain's landlords?

Who are Britain's landlords? We reveal who's housing generation rent https://t.co/TW0dlU5ltJ via @ThisIsMoney

— Sarah Davidson (@SarahDavidson) September 14, 2016

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Wembley 'rent to rent' landlord prosecuted

Wembley ‘rent to rent’ landlords prosecuted for running an unlicensed HMO https://t.co/VV3lNwSmvY pic.twitter.com/MYjgCnFqJo

— LondonPropLicensing (@lplicensing) September 14, 2016

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Zone 5 prices best London performer

Zone 5 house prices are rising fastest in London for the first time in ten years https://t.co/Li3jupkNFb pic.twitter.com/iR670luMU8

— ES Homes & Property (@HomesProperty) September 13, 2016

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