Money Tips Daily By Charles Kelly, Former Ifa And Author Of Yes, Money Can Buy You Happiness.

Good news for tenants, disaster for buy to let landlords. Unlock Financial Freedom: Master the Art of Money Management in 3 Simple Steps Discover the keys to prosperous money management that won't compromise your quality of life. **Join the training**: Register Now    https://us02web.zoom.us/meeting/register/tZUpc-mhpzgrG9xJNvCuCklVcOPpk82yMMKx This comes as a new report states that 250,000 people are homeless because the council has run out of temporary accommodation.  Watch video version at Charles Kelly Money Tips Podcast: https://youtu.be/0yWoU7PbL7M Another report by the BBC, as many, as 2 million people are falling behind with their utility bills. Serviced Accommodation vs Buy-to-Let Higher interest rates and increase in legislation has forced many landlords to consider switching to Serviced Accommodation. Serviced accommodation offers landlords the opportunity to increase their after-tax net returns, whilst avoiding many of the pitfalls linked to traditional buy to let, such as dealing with dif

Just when landlords thought they’d suffered enough red tape a new threat is looming. If you would like to take things to the next level and learn more about managing your money and becoming financially free, I invite you to join me on my 1 Day S.M.A.R,T MONEY Workshop – Saturday 19 August 10-5pm (with regular breaks and a lunch). Click here to register:  ⁠https://buy.stripe.com/00g01E92W4R8cfebII ⁠  The UK Home Secretary, Suella Braverman, announced this week that fines will to be more than tripled for employers and landlords who allow illegal migrants to work for them or rent their properties. Watch YouTube video version - ⁠https://youtu.be/Uk-RbN5A6dI⁠ The civil or non-criminal penalty for employers, last raised in 2014, will be increased to up to £45,000 per illegal worker for a first breach from £15,000, and up to £60,000 for repeat breaches from £20,000. Fines will rise from £80 per lodger and £1,000 per occupier for a first breach to up to £5,000 per lodger and £10,000 per occupier. Repeat offenders

Just when landlords thought they’d suffered enough red tape a new threat is looming. If you would like to take things to the next level and learn more about managing your money and becoming financially free, I invite you to join me on my 1 Day S.M.A.R,T MONEY Workshop – Saturday 19 August 10-5pm (with regular breaks and a lunch). Click here to register:  https://buy.stripe.com/00g01E92W4R8cfebII   The UK Home Secretary, Suella Braverman, announced this week that fines will to be more than tripled for employers and landlords who allow illegal migrants to work for them or rent their properties. Watch YouTube video version - https://youtu.be/Uk-RbN5A6dI The civil or non-criminal penalty for employers, last raised in 2014, will be increased to up to £45,000 per illegal worker for a first breach from £15,000, and up to £60,000 for repeat breaches from £20,000. Fines will rise from £80 per lodger and £1,000 per occupier for a first breach to up to £5,000 per lodger and £10,000 per occupier. Repeat offenders will

This simple hack will Improve Everything in your life from relationships to health and wealth. Join me online on my free live money management training Wednesday at 8.00PM. Register now - https://bit.ly/3QPp8IH Peter Drucker said, if you cannot measure you cannot improve it. This not only applies to businesses management, but also life and money management. In this short video, we explore relationships, health and money management…Watch on YouTube https://youtu.be/v4sZB70MDhc See also: Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s - Exploring Alternative Buy-to-Let Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs https://youtu.be/5uJcr7YoPso See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA If you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email southherts@localagent.co.uk with your prope

This simple hack will Improve Everything in your life from relationships to health and wealth. Join me online on my free live money management training Wednesday at 8.00PM. Register now - https://bit.ly/3QPp8IH Peter Drucker said, if you cannot measure you cannot improve it. This not only applies to businesses management, but also life and money management. In this short video, we explore relationships, health and money management…Watch on YouTube https://youtu.be/v4sZB70MDhc See also: Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s - Exploring Alternative Buy-to-Let Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs https://youtu.be/5uJcr7YoPso See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA If you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email southherts@localagent.co.uk with your prope

House Prices Fall Again As Interest Rise For Fourteenth Time Houses fell at the fastest annual rate in 14 years, according to figures published by the Nationwide Building Society. Interview with Miriam Nawagamuwa CeMAP, Mortgage and Protection Advisor with Larkin Financial Services. The second largest UK mortgage lender say house prices fell by 3.8% in the year to July 2023, the sharpest drop since July 2009. Higher mortgage rates and the cost-of-living crisis are making “affordability a challenge”, the lender said. Watch video version - https://youtu.be/iIr0nGOGEdc - Charles Kelly Money Tips Podcast. A typical 5-year fixed rate mortgage was 6.37% this week, but as high as 6.85% for a 2 year deal. The Bank of England have followed the Fed and ECB by hiking interest rates for the fourteenth time by 0.25% to 5.25%, which will be another nail in the coffin for the housing market and borrowers. Average price of a home in the UK is now £260,000, £13,000 below a peak last August. The lender completed 85,000 transac

House Prices Fall Again As Interest Rise For Fourteenth Time Houses fell at the fastest annual rate in 14 years, according to figures published by the Nationwide Building Society. Interview with Miriam Nawagamuwa CeMAP, Mortgage and Protection Advisor with Larkin Financial Services. The second largest UK mortgage lender say house prices fell by 3.8% in the year to July 2023, the sharpest drop since July 2009. Higher mortgage rates and the cost-of-living crisis are making “affordability a challenge”, the lender said. Watch video version - https://youtu.be/iIr0nGOGEdc - Charles Kelly Money Tips Podcast. A typical 5-year fixed rate mortgage was 6.37% this week, but as high as 6.85% for a 2 year deal. The Bank of England have followed the Fed and ECB by hiking interest rates for the fourteenth time by 0.25% to 5.25%, which will be another nail in the coffin for the housing market and borrowers. Average price of a home in the UK is now £260,000, £13,000 below a peak last August. The lender completed 85,000 transac

With the housing and rental crisis getting worse by the day, the UK government must cease its war on private landlords and restore the balance of power. 3 Steps To Success Money Management! Join me online on my free live money management training Wednesday at 8.00PM. Register now https://bit.ly/3QPp8IH   Housing charities, such as Shelter and The Big Issue are calling on the government to end ‘no fault evictions’ and put a cap on rents, all of which is adding to landlord anxiety and causing thousands to quit the buy-to-let market. ·        Almost 1 in 7 had their rent increased in the last month ·        Of the 3.5 million private tenants who had their rent increased over 800,000 saw it rise by more than £100 a month, and nearly 200,000 by more than £300 a month Almost 2.5 million renters are either behind or constantly struggling to pay their rent ·        1 in 3 spend at least half their household income on rent Source: Shelter Watch video version - https://youtu.be/RfJfvvtSTnE The government has introduced

STOP The War On Landlords With the housing and rental crisis getting worse by the day, the UK government must cease its war on private landlords and restore the balance of power. Housing charities, such as Shelter and The Big Issue are calling on the government to end ‘no fault evictions’ and put a cap on rents, all of which is adding to landlord anxiety and causing thousands to quit the buy-to-let market. ·        Almost 1 in 7 had their rent increased in the last month ·        Of the 3.5 million private tenants who had their rent increased over 800,000 saw it rise by more than £100 a month, and nearly 200,000 by more than £300 a month Almost 2.5 million renters are either behind or constantly struggling to pay their rent ·        1 in 3 spend at least half their household income on rent Source: Shelter The government has introduced a raft of new ant-landlord legislation and red tape for private landlords including: ·        Section 24 tax hike on rental businesses holding propertied in individual names ·  

Commercial Mortgage Market Opportunities Beyond Buy-to-Let Join me online on my free live money management training Wednesday at 8.00PM. Register now below to avoid disappointment. https://bit.ly/3QPp8IH Discussing commercial mortgages, buy-to-let, holiday lets and development finance with guest speaker, Paul Rogers - Commercial Finance Broker Commercial Finance Broker. Synergy Commercial Finance Ltd paul.rogers@synergy.finance Watch full video version on YouTube channel - https://youtu.be/hPJ1iY3ySVA See also: Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s - Exploring Alternative Buy-to-Let Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs https://youtu.be/5uJcr7YoPso See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   If you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email southherts@local

Commercial Mortgage Market Opportunities Beyond Buy-to-Let Join me online on my free live money management training Wednesday at 8.00PM. Register now below to avoid disappointment. https://bit.ly/3QPp8IH Discussing commercial mortgages, buy-to-let, holiday lets and development finance with guest speaker, Paul Rogers - Commercial Finance Broker Commercial Finance Broker. Synergy Commercial Finance Ltd paul.rogers@synergy.finance Watch full video version on YouTube channel - https://youtu.be/hPJ1iY3ySVA See also: Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s - Exploring Alternative Buy-to-Let Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs https://youtu.be/5uJcr7YoPso See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   If you would like more information and an assessment on letting your property hassle free, hands-off with FULL MANAGEMENT using the serviced accommodation model, email southherts@local

Landlord News Serviced Accommodation V Buy-to-Let Property Rental And HMO’s Exploring Alternative Buy-to-Let Property Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs   Introduction Investing in property has long been a popular avenue for generating income in the UK, but with mortgage rates hitting a 16 year high, the standard buy-to-let model does not stack up alongside borrowing. While standard buy-to-let properties have traditionally dominated the market, alternative strategies such as serviced accommodation, holiday letting, and houses in multiple occupation (HMO) are gaining traction as landlords look to increase returns to offset high borrowing costs and more red tape. Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below https://bit.ly/3QPp8IH   Many experts are predicting a property market crash – see Housing Market in Deep Trouble https://youtu.be/USGREwntT1I  In this article, we will delve into the pros and co

Landlord - Serviced Accommodation V Buy-to-Let Property Rental And HMO’s Exploring Alternative Buy-to-Let Property Strategies in the UK: Serviced Accommodation, Holiday Letting, and HMOs   Introduction Investing in property has long been a popular avenue for generating income in the UK, but with mortgage rates hitting a 16 year high, the standard buy-to-let model does not stack up alongside borrowing. While standard buy-to-let properties have traditionally dominated the market, alternative strategies such as serviced accommodation, holiday letting, and houses in multiple occupation (HMO) are gaining traction as landlords look to increase returns to offset high borrowing costs and more red tape. Join me online on my free live money management training Wednesday at 8.00PM. Places are limited, so register now below https://bit.ly/3QPp8IH   Many experts are predicting a property market crash – see Housing Market in Deep Trouble https://youtu.be/USGREwntT1I  In this article, we will delve into the pros and cons

Bank bosses have been probed by the UK's financial watchdog over complaints that interest rates on savings are too low and are not being passed on to savers. Join me online on my free live money management training Wednesday ⁠https://bit.ly/3QPp8IH⁠ Higher interest rates have led banks to put up mortgage costs sharply, but savings rates are barely rising. Watch video version - ⁠https://youtu.be/ogv_VsmxClE⁠ Chancellor Jeremy Hunt has finally noticed that savers have been ripped off and says it is an "issue which needs solving", the BBC reports. Millions are struggling with the soaring cost of living, higher mortgage rates and energy bills, which have also failed to come down following falling oil and gas prices. The heads of Lloyds, HSBC, NatWest and Barclays banks were summoned by the Financial Conduct Authority (FCA) on Thursday. The watchdog will question the banks on poor savings rates. HSBC said it had increased its savings rates "more than a dozen times since the beginning of last ye

Bank bosses have been probed by the UK's financial watchdog over complaints that interest rates on savings are too low and are not being passed on to savers. Join me online on my free live money management training Wednesday https://bit.ly/3QPp8IH Higher interest rates have led banks to put up mortgage costs sharply, but savings rates are barely rising. Watch video version - https://youtu.be/ogv_VsmxClE Chancellor Jeremy Hunt has finally noticed that savers have been ripped off and says it is an "issue which needs solving", the BBC reports. Millions are struggling with the soaring cost of living, higher mortgage rates and energy bills, which have also failed to come down following falling oil and gas prices. The heads of Lloyds, HSBC, NatWest and Barclays banks were summoned by the Financial Conduct Authority (FCA) on Thursday. The watchdog will question the banks on poor savings rates. HSBC said it had increased its savings rates "more than a dozen times since the beginning of last year,

Best Mortgage Deals and Rates Following Base Rate Hike Following the Bank of England’s 13th base rate hike to 5%, we look at the current mortgage deals on offer for fixed rates, discounts, trackers and buy-to-let. See video version on YouTube: https://youtu.be/QF-gAdIYkdo Also in this Money Tips Podcast episode: ·        Transferring buy-to-let property to a limited company without paying CGT and Stamp Duty ·        Improving your returns using holiday lets or serviced accommodation (SA) ·        Getting around George Osbourne’s Section 24 tax grab on buy-to-ley landlords See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   See also: Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up: https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s How To Develop A Millionaire Mindset I want to show you exactly how you can: •       Not only survive, but thrive in a re

Best Mortgage Deals and Rates Following Base Rate Hike Following the Bank of England’s 13th base rate hike to 5%, we look at the current mortgage deals on offer for fixed rates, discounts, trackers and buy-to-let. See video version on YouTube: https://youtu.be/QF-gAdIYkdo Also in this Money Tips Podcast episode: ·        Transferring buy-to-let property to a limited company without paying CGT and Stamp Duty ·        Improving your returns using holiday lets or serviced accommodation (SA) ·        Getting around George Osbourne’s Section 24 tax grab on buy-to-ley landlords See: – Transfer Property Into A Limited Company Without Paying CGT or Stamp Duty https://youtu.be/mtGq7WaVxLA   See also: Housing Market in DEEP Trouble: https://youtu.be/USGREwntT1I Interest Rates Will Rise, Property Prices Will Fall And Opportunities Will Open Up: https://www.youtube.com/watch?v=ziTf2jOagB8&t=179s How To Develop A Millionaire Mindset I want to show you exactly how you can: •       Not only survive, but thrive in a re

The Bank of England have hiked base interest rates for the 13th time by 0.5% to 5% causing more misery and pain for beleaguered homeowners and further downward pressure on house prices.   How To Develop A Millionaire Mindset - Free training webinar: 3 Steps To Success Money Management and Financial FREEDOM!...register now below to avoid disappointment. ⁠https://bit.ly/3QPp8IH⁠   The governor of the Bank of England, Andrew Bailey, said they have not ruled out further interest rate rises, pouring further anxiety on homeowners already struggling to meet the payments and cope with higher food prices and living costs.   Watch full video - ⁠https://youtu.be/Xw8cYNnlrn4⁠   The markets are already factoring in a base rate of 6%, which would be disastrous for mortgages and house prices as borrowing becomes unaffordable for residential and buy-to-let property investors.    Buy-to-Let property deals no longer stack up at higher rates.   The average 5-year fixed rate mortgage is near 6%, but some borrowers were alread

The Bank of England have hiked base interest rates for the 13th time by 0.5% to 5% causing more misery and pain for beleaguered homeowners and further downward pressure on house prices.   How To Develop A Millionaire Mindset - Free training webinar. 3 Steps To Success Money Management and Financial FREEDOM!...register now below to avoid disappointment. https://bit.ly/3QPp8IH   The governor of the Bank of England, Andrew Bailey, said they have not ruled out further interest rate rises, pouring further anxiety on homeowners already struggling to meet the payments and cope with higher food prices and living costs.   Watch full video - https://youtu.be/Xw8cYNnlrn4   The markets are already factoring in a base rate of 6%, which would be disastrous for mortgages and house prices as borrowing becomes unaffordable for residential and buy-to-let property investors.    Buy-to-Let property deals no longer stack up at higher rates.   The average 5-year fixed rate mortgage is near 6%, but some borrowers were already faci

Housing Market In Deep Trouble - Interest Rates And Bond Yields Rising, Buy-to-Let Properties No Longer Viable The housing market is heading for serious trouble in the UK, US and many other countries as the worldwide economy slows. Develop a Millionaire Mindset - Register now below to avoid disappointment. https://bit.ly/3QPp8IH I think house prices will continue to fall, especially with higher interest rates on the way and landlords selling up for a number of reasons.   Will there be a property crash? Quite possibly depending on future government action. Right now, they are doing little to help property owners and especially landlords.   Should the government bring back mortgage tax relief for residential homeowners? This was abolished by the then Labour Chancellor Gordon Brown.   Watch video version - https://youtu.be/USGREwntT1I   Bond yields rise   More bad news to come – The FT reported rising Bond yields today and food prices are set to soar again following the destruction of the dam in Ukraine which ha