Tax & Other Financial

The Telegraph are warning about the potential problems facing buy to let landlords, if the mortgage rate continues to rise. The article can be seen here (subscription might be necessary), and states ‘Landlords will be forced to sell up or inflict huge rent rises on...

The House of Commons library has just a new report showing figures for household debt. It can be seen here, and says: Household debt as a % of disposable income Household debt peaked in Q3 2008 at 155.6% of household disposable income. It then declined to 132.4% by...

TaxationWeb has published an article on the problems experienced by landlords showing the effect of recent tax changes. It can be seen here

Propertymark says there’s already been a decline in the number of homes available for rent in Scotland because of rising costs levied on landlords.And it says any form of rent control in the short and longer-term will mean more landlords selling up and even fewer and...

UK homeowners who end up struggling with their mortgage payments due to a job loss may have to build up significant arrears before help arrives, according to a former pensions minister. Steve Webb said the number of people receiving government help with their mortgage...

The current cost of living crisis and expected rise in interest rates has caused many letting agents, landlords and renters to be concerned. Many fear that the recent changes are driving up the cost of rent for tenants, and that there is not enough accommodation...

The Telegraph have run an article stating that ‘Landlords will pocket thousands of pounds in savings thanks to the biggest tax boost for investors in years.’. Going on to say ‘The tax cuts have been welcomed by landlords who have shouldered years of punishing tax and...

Property Reporter are running an article by the MD at Castle Trust Bank, where he states that he believes London is bouncing back. It starts‘Before our idea of ‘normal’ was shaken by Covid-19, the capital sat pretty as an ideal market for those landlords lucky or...

In a massive shake-up of the UK's finances, Chancellor Kwasi Kwarteng has outlined a series of tax cuts and economic measures he says will boost growth. In summary, he changed: • Stamp Duty: o no duty on first £250,000 (up from £125,000) o first time buyers will pay...