News

Stamp Duty nearly raised by 1%

The Negotiator magazine are reporting that the Treasury came very close to raising the Stamp Duty surcharge from 3% to 4%, but this was rejected at the last meoment. The article can be seen here, and says: A 1% rise in Stamp Duty for landlords was on the cards but...

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Housing waiting list published

The Local Government Association has recently published a report on its findings on the households on waiting lists. This shows that one in ten households in need of housing are stuck on council waiting lists for over five years. This is due to a chronic shortage of...

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CGT payment period extended

As part of the recent budget, the government has immediately extended the deadline to report a Capital Gain on the sale of residential property from 30 days to 60 days. This is probably in response to complaints made by members of the Association of Accounting...

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2021 Budget

The Chancellor has made his spending review speech to the House of Commons today (Wednesday 27th October) He has pledged to build 180,000 affordable houses.  £1.8 billion will go towards building homes on derelict or unused land in England as part of the government's...

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New Covid fund for landlords

Under a scheme to be operated by Local Authorities, the Department for Levelling Up, Housing and Communities will provide the £65m to assist Landlords in England with tenants in rent arrears because of Covid. They will have the choice of how to administer the funding...

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Vulnerable renters

The DLUHC announced that vulnerable renters struggling due to the impact of the pandemic would be helped by a £65 million support package. The funding will be given to councils in England and will be available through the winter months for households at risk of...

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