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Mark Farrell

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About Me

my expertise in the industry

Mark's Recent Activity

Another crazy move with the government yet again getting involved in the housing industry that it does not understand. The last tax hikes and removal of tax allowance to offset mortgages against properties saw an enormous rate of landlords sell some or all their portfolios thus reducing the rental stock available. Rental stock is already very low with an over subscription for properties becoming available. Further tax increases will only force more landlords out of the rental sector further reducing the amount of stock available, which in turn will further push rental prices up and cause further stress on tenants. Buyers currently require approx. 5-10% deposit to purchase a property with good credit rating and good employment income to qualify for a mortgage. Without those qualifying requirements those buyers will remain renters paying a high price due to low rental stock.

From: Mark Farrell 08 February 2022 15:12 PM

fake figures as many branches have left.

From: Mark Farrell 10 December 2020 00:03 AM

Where was this survey carried out? As an active member of estate agent forums the feedback is very different to the headline of the article.

From: Mark Farrell 27 April 2020 17:36 PM

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