by peter littlewood | Jul 17, 2023 | Industry News, Tax & Other Financial
UK Rightmove house prices fell by 0.2%, or £905 month-on-month in July, versus 0% in the prior month. Year-on-year growth decelerated to 0.5% from 1.1% in June. The average asking price now stands at £307,907, still 2.6% higher than in January, with Rightmove...
by peter littlewood | Jul 14, 2023 | Industry News
AccountingWeb are running an article stating 'Many individual landlords are facing huge inheritance tax charges on their death. Tax specialists Forbes Dawson have a plan to mitigate some of that pain while keeping most of the rental income. The full article can be...
by peter littlewood | Jul 14, 2023 | Tax & Other Financial
The Bank of England’s latest Financial Stability Report warns of the chaos to come as landlords are hit with the double whammy of higher interest rates and both tax and regulatory changes, stating that landlords who rely on finance to keep their portfolios afloat will...
by peter littlewood | Jul 14, 2023 | Industry News, Mortgages, Tax & Other Financial
As previously reported (see here), the Chancellor has announced a charter to help home owners who are suffering from skyrocketing interest rates. Under the terms of the charter homeowners’ will not be forced out by their lenders for at least a year after the first...
by peter littlewood | Jul 13, 2023 | Industry News
The Telegraph has run an article suggesting they have the answer to Britain’s housing crisis. It can be read here (subscription may be necessary) and reports 'Landsec and British Land are joining forces to collectively call on the Government to unleash the potential...