A recent article in Property Forum looks at the impact of ending the Stamp Duty Holiday. It can be seen here, and says: The stamp duty holiday ended on 30 July 2021. What does this mean for the UK property market? What is the Stamp Duty Holiday? Stamp Duty Land Tax...
Tax & Other Financial
London still the best place to invest
A new survey of 500 landlords who were asked what regions they would look at if they were planning to buy another rental property, found that despite being able to choose multiple regions, London was the stand-out popular choice. The research by yieldit shows that 54%...
Government scraps EWS1 forms on blocks below 18 metres
The government has reached an agreement with major lenders to scrap the requirement for EWS1 forms on properties that are below 18 metres, but critics argue the safety of home owners in these blocks remains unclear. Following advice, the government says there is “no...
Help and support for landlords from the HMRC
HMRC will be running webinars designed to help landlords. See here to signup.
Less is more for buy-to-let landlords
Financial Reporter have just published the following article: There are few areas of the market that seem to attract as much speculation as buy-to-let. Despite the fact that private rental accommodation accounts for more than a fifth of the UK’s total housing stock,...
Index of Private Housing Rental Prices, UK: June 2021
The Office for National Statistics has published a price index tracking the prices paid for renting property from private landlords in the UK. It shows: Private rental prices paid by tenants in the UK rose by 1.2 per cent in the 12 months to June 2021, unchanged since...
‘Right to Buy-back’ – London
The London Mayor, Sadiq Khan, has announced that a new Right to Buy-back fund will give boroughs the funds to purchase former council homes that have been sold into the private market through the Government’s Right to Buy programme. The scheme will make money...
Webinars dealing with cladding complaints; Housing Ombudsman
The Housing Ombudsman has announced that it will be running a series of webinars for landlords focused on dealing with cladding complaints. These webinars will be delivered by its experts and will highlight three keys lessons for social landlords. These are: provide a...
HMRC take less tax from landlords
There’s been a sharp fall in money raised from a campaign encouraging landlords to voluntarily disclose tax owed on rental properties according to an accountancy firm.HM Revenue and Customs’ Let Property campaign, encouraging landlords to admit money owing and...
Landlords Prepare Report Asking PM To Give Aid To Sector
A trade body has just announced it is preparing a report to Boris Johnson, which says it will be submitting a report to Prime Minister Boris Johnson, Housing Secretary Robert Jenrick and Chancellor Rishi Sunak, highlighting that the PRS urgently needs government aid....
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Tax and Landlords – the issue that won’t go away
Writing in Landlord Today, Richard Rowntree Managing Director of Mortgages at Paragon Bank, comments on the impact of...
Buy-to-let arrears cases double in a year – Octane Capital
Data shows a significant increase in cases of buy-to-let arrears over the past year, based on analysis from Octane...
House prices increase for the third month in a row
Nationwide data shows the state of the UK housing market in November, highlighting a third consecutive monthly...