by peter littlewood | Nov 3, 2023 | Industry News, Tax & Other Financial
David Wilson Homes has announced a scheme where a tenant can reserve a home, move in and pay rent for six months. The rent goes to the developer as a contribution towards turning the deposit into a total of 5.0 per cent of the purchase price of the unit. However, the...
by peter littlewood | Nov 3, 2023 | Tax & Other Financial
HMRC have published new data that shows the number of unincorporated landlords in the UK has risen to 2.82 million in 2021 to 2022. An unincorporated landlord is an individual that declares their rental income and expenses on their personal tax return, the name of the...
by peter littlewood | Nov 2, 2023 | Tax & Other Financial
Hargreaves Lansdown has written a fact sheet to compare pension and property. They state ‘We wrote this factsheet to give you useful information, but it’s not personal advice. If you’re not sure about what’s right for you, take advice. Remember that...
by peter littlewood | Nov 2, 2023 | Tax & Other Financial
The Bank of England’s Monetary Policy Committee (MPC) has voted 6 to 3 to maintain the Bank Base Rate at 5.25%. The Bank of England Summary stated: “The MPC will continue to monitor closely indications of persistent inflationary pressures and resilience in the economy...
by peter littlewood | Nov 1, 2023 | Industry News
The Conversation, an independent source of news analysis and informed comment written by academic experts, has published an article showing that converting offices into housing is unlikely to significantly boost housing supply in line with need. The article can be...