by peter littlewood | Apr 24, 2024 | Industry News
Research by Rightmove underscores the ongoing trend where buying has become more financially advantageous than renting in many of Great Britain's major cities. Here are some key takeaways from the information: Cheaper to Buy Than Rent: Across Great Britain's largest...
by peter littlewood | Apr 23, 2024 | Industry News
The Secret Landlord writing in the Telegraph has highlighted the problem that 'Local councils crumble under inescapable mountain of debt as arrears balloon' and raises significant concerns about the sustainability of the current system. The steep increase in arrears...
by peter littlewood | Apr 22, 2024 | Leasehold
The government is reportedly planning to introduce a cap of £250 per year on ground rents for leaseholders, as part of a compromise between Michael Gove’s proposals for leasehold reform and the concerns raised by the Treasury. Instead of completely abolishing...
by peter littlewood | Apr 22, 2024 | Tax & Other Financial
The launch of the pilot scheme for Making Tax Digital (MTD) today (April 22nd 2024) by HMRC marks a significant step in the implementation of quarterly reporting for landlords and the self-employed. This initiative, which is set to be fully introduced in April 2026,...
by peter littlewood | Apr 22, 2024 | Political, Tax & Other Financial
The potential stamp duty cut being planned by Chancellor Jeremy Hunt, as reported in various newspapers, could have significant implications for the housing market if implemented. Increasing the threshold at which homebuyers pay stamp duty from £250,000 to £300,000...