by peter littlewood | Jan 22, 2024 | Tax & Other Financial
The average homeowner in England and Wales who sold up last year made around GBP100,000 more than the amount they had originally paid for their property, according to analysis. Estate agent Hamptons, which carried out the research, looked at householders selling in...
by peter littlewood | Jan 22, 2024 | Industry News
Spare Room are reporting that London rents fell for two consecutive months for the first time since February 2021. The article can be read here, and in summary they are reporting that London rents fell for two consecutive months in November and December 2023, marking...
by peter littlewood | Jan 22, 2024 | Tax & Other Financial
Paul Johnson, a director of the Institute of Fiscal Studies and visiting economics professor at University College London, has advocated for the abolition of stamp duty for private landlords in the UK. In an op-ed, Johnson highlights the additional tax burden on...
by peter littlewood | Jan 20, 2024 | Tax & Other Financial
The Department for Work and Pensions (DWP) in the UK has confirmed the capital limits applicable to several state benefits. This comes ahead of new powers aimed at monitoring claimants’ bank accounts. Under the new measures, Britain’s top 15 banks will be...
by peter littlewood | Jan 20, 2024 | Tax & Other Financial
The UK government has announced an increase in Local Housing Allowance (LHA), benefiting more than one million renters with an average cash boost of £800 a year. The LHA boost, effective from April, is expected to make 1.6 million private renters on either Universal...