Open News

Prince William’s latest initiative to end homelessness in the UK has captured attention for its ambitious goal. His plan involves using his influence to mobilize resources, change perceptions, and promote sustainable solutions to homelessness within five years. While...

The recent Budget announcement by Chancellor Rachel Reeves has prompted concerns about the financial impact on landlords, especially regarding the steep increase in Stamp Duty. As of April next year, Stamp Duty for second-home purchases, often buy-to-let properties,...

The recent Budget announcement by Rachel Reeves, marking the first Labour Budget in 14 years and by the first female Chancellor, has stirred reactions across the property and mortgage sectors, especially among landlords. While Reeves avoided drastic measures that...

Despite strong fundamentals in the private rented sector (PRS), a mood of pessimism has set in among landlords, largely due to anticipated policies from the new Labour government, according to research from mortgage market specialist Pegasus Insight. While tenant...

The Mail online is reporting on the upcoming auction of Dock Road in Sharpness, Gloucestershire, which has left residents anxious about their future. This entire street of 24 properties, owned by the Canal and River Trust for 150 years, is now being put up for sale as...

Writing in Property118, Mark Alexander asks why small landlords are being picked on, whilst large landlords escaped the recent tax rises. His article can be seen here and explains that the recent rise in Stamp Duty Land Tax (SDLT) surcharge to 5% for small landlords...

An investigation by The Mirror and Channel 4 Dispatches has revealed that many rental properties owned by Prince William's Duchy of Cornwall are failing to meet minimum energy efficiency standards, which are legally required for rental homes. Of the Duchy’s roughly...

The Mail online is reporting that Chancellor Rachel Reeves and her husband, Nicholas Joicey, are reportedly earning around £74,000 annually in rental income from two properties, even as recent budget measures introduced by Reeves have increased the financial pressures...

The UK Government's progress on leasehold reform has slowed significantly despite earlier promises to expedite changes, leaving many leaseholders frustrated and facing continued challenges. Here's a breakdown of the current situation: Key Developments and Delays...

The UK property market is experiencing mixed signals as annual property sales rise, but monthly activity is stagnating due to limited stock availability. According to recent data from HMRC, property transactions reached 91,820 in September, marking a 9% increase...