by peter littlewood | Nov 3, 2024 | Open News
The recent Budget announcement by Rachel Reeves, marking the first Labour Budget in 14 years and by the first female Chancellor, has stirred reactions across the property and mortgage sectors, especially among landlords. While Reeves avoided drastic measures that...
by peter littlewood | Nov 3, 2024 | Open News
Despite strong fundamentals in the private rented sector (PRS), a mood of pessimism has set in among landlords, largely due to anticipated policies from the new Labour government, according to research from mortgage market specialist Pegasus Insight. While tenant...
by peter littlewood | Nov 3, 2024 | Open News
The Mail online is reporting on the upcoming auction of Dock Road in Sharpness, Gloucestershire, which has left residents anxious about their future. This entire street of 24 properties, owned by the Canal and River Trust for 150 years, is now being put up for sale as...
by peter littlewood | Nov 3, 2024 | Open News
Writing in Property118, Mark Alexander asks why small landlords are being picked on, whilst large landlords escaped the recent tax rises. His article can be seen here and explains that the recent rise in Stamp Duty Land Tax (SDLT) surcharge to 5% for small landlords...
by peter littlewood | Nov 3, 2024 | Open News
An investigation by The Mirror and Channel 4 Dispatches has revealed that many rental properties owned by Prince William’s Duchy of Cornwall are failing to meet minimum energy efficiency standards, which are legally required for rental homes. Of the Duchy’s...