The Telegraph is reporting that Jeremy Hunt is considering an inheritance tax cut in the Autumn Statement, following positive projections about the state of the nation’s finances. It can be seen here (subscription may be necessary) and goes on to say ' The Chancellor...
The Telegraph is reporting that 'Over the past nine months, buy-to-let investors have paid down around £363m of mortgage balances, new analysis shows, as they try to minimise the impact of higher borrowing costs.' The article can be seen here (subscription may be...
ARLA/Propertymark has published an economic and fiscal forecast, and suggests for the Autumn statement: Reform of the benefits system: Propertymark believes that the UK Government should use the upcoming Autumn Statement to alleviate the cost of living crisis for many...
Sevenoaks Council has announced it's redrafting its Local Plan, its previous one was rejected by the government’s Planning Inspectorate. In it they propose thousands of potential homes could be built on green belt land. A report to be heard at the Development and...
Daniel Evans, Chair of the Association of Independent Inventory Clerks, is of the opinion that the lack of certainty over Government plans for the PRS, has lead to confusion in the industry. He says there aren’t enough available homes to satisfy demand, and believes...
Gravesham council has more than 200 households in expensive temporary accommodation, leading to them setting up GBC Lettings to work with private sector landlords in Gravesham to find homes for those who need them. A council spokesperson says: “Temporary accommodation...
Ilford council has created an interactive map on its website for landlords to check if they require a licence. A statement from the council says: “Remember, it’s important to get a property licence, for those with an existing licence, it is important you continue to...
The Government has announced that The Levelling-up and Regeneration Bill becomes law from 26 October 2023. The announcement can be seen here. A summary from the LGA can be seen here, stating The Levelling-up and Regeneration Bill (LURB) is best thought of as the...
Knight Frank research found that the build to rent (BTR) sector had doubled in the period 209 to 2023, going from £35bn to £71bn. It predicts another doubling to £126bn by 2028. Guy Stebbings, head of operational build to rent at Knight Frank, said: “The UK’s BTR...
The Law Society warns tenants on low incomes will be unable to afford legal advice if they face eviction. The association is urging the government to invest in the legal aid system and the courts. Law Society president, Nick Emmerson, said: “We welcome the Renters’...
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