Atkinson McLeod - April 2015 Newsletter
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Atkinson McLeod - April 2015 Newsletter

This month we focus on the buy to let market as research indicates many people are unhappy with their pension savings - creating growing interest in buy to let properties which may provide flexibility on retirement savings and increased retirement income.  See more on this in our first story.

However due to rising numbers of interest only mortgages for buy to let properties, the Bank of England’s influential Financial Policy Committee (FPC) will be looking to ‘monitor developments closely’ in this sector. The government announced it will consult early in the new parliament on the FPC’s recommendations for it to have new powers over the buy to let market, with a view to building in-depth knowledge on how the operation of the UK buy-to-let housing market may carry risks to financial stability.   

If you are considering a buy to let home you do need to know your property management responsibilities - as one parliamentary candidate found out – failing to maintain gas boilers and other appliances has serious consequences for landlords!   

Drop us a line if you would like to know more on our services for landlords and property management.

Best regards,

Giles Atkinson and Dan McLeod

Atkinson McLeod London Estate Agent

Pension saving concerns for one in five

Bank of England eyes buy to let 'intervention'

Disgraced landlord quits as parliamentary candidate

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