Tax & Other Financial

UK house prices fell for the fourth month in a row this month, according to building society Nationwide, marking the worst run since the financial crisis of 2008. In December, house prices fell 0.1% on a monthly basis, easing from a monthly fall of 1.4% in November....

It has been the intention of HMRC to transfer all landlords to a scheme so they will have to submit their tax digitally, and on a quarterly basis The implementation date was kept being put back; and has been put back again now being phased in from April 2026, rather...

Three quarters (75%) of landlords operating in the UK have now used a limited company to invest in at least one of their properties, revealed the latest GetGround snap poll. According to the data, this is a fairly recent and rapid-developing trend among landlords —...

The Telegraph is reporting how the rental market in Scotland is being decimated by the policies introduced there.  The question is, will it happen south of the border? The full article can be seen here (subscription may be required), and states how the six-month rent...

UK house prices may be set to drop by as much as 8% in 2023, according to Halifax, after a rise of £55,000 in average values between March 2020 and August 2022. Such a decline would return them to roughly £258,295, where they were in April 2021. Savills meanwhile...

A council says it is looking to work with more private landlords to help reduce homelessness.Over recent years Shropshire council says it has seen an increase in households approaching the authority for housing assistance and as a result it is appealing for private...

Melissa Lawford is reporting in the Telegraph that London’s landlords and letting agents are being charged £1m a year in fines as councils attempt to tackle rogue traders, new analysis has revealed. It can be seen here (subscription may be required), and says: Local...

Rent controls in Bristol could see rent hikes capped at inflation or average wages The council is consulting the public about how rent controls could work Rent controls in Bristol could see rent increases capped at inflation or average wage growth according to a new...

Demand for homes in the UK rental sector is continuing to rise as home buyer activity drops off, according to surveyors. This is contributing to an upward pressure on rental prices, at a time when house prices have been falling month-on-month, the findings from the...