Tax & Other Financial

The House of Commons Library has released a report on key indicators. It can be seen here: House prices, as measured by the UK House Price Index, increased by 10.9% between February 2021 and February 2022. On a seasonally adjusted basis, average house prices increased...

Landlords purchased more homes than they sold in the first three months of 2022, the highest proportion recorded in the first three months of any year since 2016, according to Hamptons. Investors purchased 13.9% of homes sold across Great Britain, the highest since...

Five years on from 2017's reduction in buy-to-let mortgage tax relief, there is growing concern among landlords with one in three admitting that their portfolio is not as profitable as it was before the changes. According to a new report from Simply Business, many are...

A survey of over 600 UK landlords from Simply Business, one of the UK’s largest providers of small business and landlord insurance, has found one in three (33%) landlords saying that their properties are not as profitable as they once were due to the reduction of...

A landlord has been fined £5,000 for letting an unlicensed HMO in London. The fine was issued by Haringey council after the landlord ignored repeated warnings to obtain a license to continue letting the property. The landlord appealed the fine to the First-Tier...

The Office for National Statistics has published the Index of Private Housing Rental Prices which tracks the prices paid for renting property from private landlords in the UK. The index shows: Private rental prices paid by tenants in the UK rose by 2.3 per cent in the...

Polly Neate, chief executive of Shelter, said: “The Budget statement has left struggling renters out in the cold. Bills are skyrocketing and rents are higher than ever. Housing is at the root of the cost-of-living crisis, but the Chancellor hasn’t noticed … If we’re...

Households should take an energy meter reading on Thursday 31 March 2022 before the upcoming price cap bites, a comparison website has urged. GoCompare has called on people to make gas and electricity reading on that day to ensure they are not charged higher rates for...

A property company director is telling landlords to show compassion when they consider rent rises, because of the cost of living crisis.Stuart Collar-Brown, director of the online My Auction service, says landlords must do what they can to help tenants cope with the...