The Telegraph has run an article on stamp duty. It can be seen here (subscription may be necessary) and discusses the issues surrounding stamp duty in the UK housing market, stating they are clearly multifaceted and impactful. Here are some key points from the...
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Tory MPs are threatening to rebel against the government’s leasehold reform bill.
The debate over leasehold reform within the Conservative Party underscores the complexity of addressing longstanding issues within the housing market. Here are the key points highlighted in the article: Calls for Scrapping Leasehold System: Backbench Tory MPs,...
Fire safety in houses and flats
Fire safety legislation in the UK is multifaceted, governed by various laws and regulations at different stages of a building's lifecycle. The House of Commons Library has just published a report, which can be seen here. Here's a breakdown of key points regarding...
Call to reform stamp duty
Coventry Building Society is advocating for reform in Stamp Duty due to a notable decline in property transactions, particularly buy-to-let purchases, during the first quarter of 2024. This drop is significant, as it's the first time transactions have fallen below...
Labour is plotting the greatest assault on property rights in living memory
The Telegraph has published an opinion piece which presents a critical perspective on Labour's housing policies, arguing that they pose a threat to property rights, the housing market, and the broader economy. Here are the key points highlighted in the article:...
Buy to Let purchases reducing
Analysis from Paragon Bank highlights a significant shift in the buy-to-let property market, particularly in Southern England, following the introduction of the stamp duty surcharge for additional properties in 2016. The proportion of buy-to-let properties purchased...
Summary of the Renters Reform Bill
The Renters Reform Bill was originally introduced in Parliament in May 2023. It was trailed in the Government White Paper A Fairer Private Rented Sector an in summary, initially proposed: Loss of the S21 Only periodic tenancies 2 months’ notice by tenants No special...
Sadiq Khan: leaseholders in England should have the right to withhold service charges
Sadiq Khan, the Mayor of London, has called for leaseholders hit with exorbitant and unjust service charges to have the right to refuse payment. This demand comes amidst concerns that the government has reneged on its promises to enhance tenants' rights. In London...
Landlord fined for claiming agreement wasn’t an AST.
The case of Anna Yang, an Essex-based landlord prosecuted by Greenwich Council, underscores the significance of ensuring landlords adhere to legal obligations and provide accurate information to tenants. Yang was fined a total of £5,825.27 for providing tenants of her...
Licensing fees could be cut
The ongoing debate surrounding licensing regimes operated by local councils highlights the complexity of regulatory frameworks within the rental housing sector. The Renters Reform Bill, currently under discussion in the House of Commons, includes provisions for a...
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