The weekend Telegraph has published a piece with tax advice in. It can be seen here, and covers: Don’t forget to report property gains... again Avoid falling into a trust tax trap Higher earners should claim their full pension relief allowance Double check your...
News
Rising cost of living in the UK
The House of Commons Library has issued a report inflation over the past 6 years. It can be seen here, and states: The cost of living has been rising since early 2021, but in December 2021 inflation reached its highest recorded level in decades, affecting the ability...
DWP to improve arrears payments for tenants on UC
The Department for Work and Pensions (DWP) is expected to significantly reduce the timescale for repayment of arrears for tenants on Universal Credit (UC), DWP has shared with several stakeholders, including safeagent, their intention to introduce a change next month...
Building safety funding inquiry launched by Commons Committee
On 19 January 2022 the House of Commons Levelling Up, Housing and Communities (LUHC) Committee launched an inquiry into building safety and issues relating to funding and remediation. The Committee’s inquiry will examine the announcements made by Secretary of State...
Landlord told ‘demolish flats by July or go to jail for 4 months’
A landlord who built two penthouse apartments without planning permission and then failed to demolish them when ordered to now faces jail. At Leicester County Court Munjit Dulay was given a four-month jail sentence, suspended for the next six months. Judge Richard...
Many landlords to expand portfolio in 2022
A relatively optimistic sentiment survey of landlords suggests many remain upbeat about the prospects for the sector.According to the Shawbrook Bank survey a third of landlords plan to expand their portfolio in the next 12 months, buying at least one one more...
Suspended sentence for landlord who evicted tenant overnight
A landlord has been jailed for six months, suspended for a year, after being found guilty of illegally evicting a tenant and locking him out while he was working a night shift.The landlord has also been found guilty of disposing of all of the tenant’s belongings.The...
Housing Market: Key Economic Indicators
The House of Commons Library have issued a new report on the UK house Price Index, and can be seen here. It states: House prices, as measured by the UK House Price Index, increased by 10.0% between November 2020 and November 2021. On a seasonally adjusted basis,...
Will landlords have to foot the bill for Net Zero?
Landlords will have to foot the bill for the government’s energy efficiency proposals without any apparent tax or grant help.That’s the pessimistic assessment from tax and advisory firm Blick Rothenberg, whose head of property - Heather Powell - says: “Government...
New Housing Act to give longer notice – in Wales
A Welsh Government minister has announced the implementation of a new housing act meaning tenants and landlords will see significant changes from July this year. Julie James, Climate Change Minister, has announced her intention to implement the Renting Homes (Wales)...
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