A petition that was launched to reinstate tax relief allowing a landlord’s mortgage interest to be set against rental income has now reached 20,201 signatures – and has seen another well-known backer step forward. The petition was started by landlord Simon Foster who...
Estate agents, Winkworth, announced their trading update for the financial year ending 31 December 2022. "Despite the hiatus in the property market provoked by the mini budget in Q4 2022, the year as a whole saw a buoyant level of activity in both sales and rentals....
The Office for National Statistics recently published data showing that more than 1.4 million households in the UK are facing the prospect of interest rate rises when they renew their fixed rate mortgages in 2023. The majority of fixed rate mortgages in the UK (57 per...
The value of commercial properties in Britain fell by £130 billion last year as landlords were hit by rapidly rising interest rates and the prospect of a recession. Commercial property capital values dropped by 3 per cent last month alone, according to the latest...
Councillors will vote next week on a motion setting out a range of interventions in the increasingly unaffordable private rented sector, including a database to name and shame the worst landlords Bristol City Council is set to formally back introducing rent controls...
The Resolution Foundation has published a report finding that typical household disposable incomes for working-age families are likely to fall by 3 per cent this financial year, and by 4 per cent next year, with the two-year cost-of-living increase set to leave...
The Office for National Statistics has today published analysis exploring how housing costs have and are likely to increase for mortgage holders and renters. Key points More than 1.4 million households in the UK are facing the prospect of interest rate rises when they...
Councils in Northern Ireland will have new powers to crack down on unscrupulous landlords from April, including handing out fines of up to £500 to those breaking the rules. The Private Tenancies Act (NI) 2022 received royal assent last April and sets out a range of...
Halifax showed that house prices fell in December for the fourth month in a row amid rising interest rates. House prices declined by 1.5% on the month following a 2.4% drop in November. On the year, meanwhile, house prices rose 2% in December following a 4.6% increase...
Margaret Thatcher’s efforts to turn Britain into a “property-owning democracy” appear to have been reversed after the census revealed that home ownership had plummeted to its lowest level since 1983. The proportion of homes owned in England fell from 64.1pc to 62.3pc...
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Eastbourne council is preparing to take action against Houses in Multiple Occupation (HMOs) following a report that...
HM Revenue and Customs (HMRC) has swiftly reversed its decision to close its self-assessment telephone helpline for...