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KEYWORD "Budget" - 101 RESULTS
Would Tories’ Stamp Duty Policy really turn renters into buyers?

Over the weekend the Conservatives pledged that if elected on July 4 they would permanently scrap stamp duty for first time...

10 June 2024

From: Breaking News

Rental Tax Change - Short Lets sector warned of possible losses

An accountancy firm is warning those using Airbnb and similar short let platforms that new tax rules mean they could lose...

10 June 2024

From: Breaking News

Stamp Duty Change from Tomorrow - reminder to agents

As a result of an announcement back in March, in the government’s final Budget, a major change to stamp duty comes into...

31 May 2024

From: Breaking News

Forget party policies - check interest rate movement

A prominent housing market analyst says people shouldn’t bother reading election literature but instead study interest rates if they want to...

30 May 2024

From: Breaking News

Looking Up! Foxtons internal data shows rental sentiment improving

Internal data from Foxtons, London’s largest lettings agent, indicates sentiment may be improving across the capital as data shows a 12%...

24 May 2024

From: Breaking News

Hot Money now on August Interest Rate Cut

Inflation figures are down - but not as much as many analysts expected. The basic Consumer Price Index figure fell from 3.2%...

23 May 2024

From: Breaking News

Good news on Inflation expected this week

Inflation is expected to drop sharply in the April figures due out this week. The Office for Budget Responsibility and Bank of...

20 May 2024

From: Breaking News

Pity The Poor Renter - analyst says tenants face tough conditions

An Office of National Statistics survey shows that the top three issues facing the UK are still the cost-of-living crisis (89%),...

16 May 2024

From: Breaking News

Election Gimmick Stamp Duty Cut would trigger evictions - claim

A stamp duty cut in the run up to a General Election would see house prices go up and evictions soar,...

15 May 2024

From: Breaking News

Politicians should realise how rent controls force landlords out - call

The pressure on rents for new tenancies in Scotland’s private rented sector have started to ease with all major cities now...

10 May 2024

From: Breaking News

Tax Alert - Agents can urge landlord clients to take part in pilot scheme

HMRC has launched a pilot for the proposed Making Tax Digital service for quarterly reporting - and agents can sign up...

26 April 2024

From: Breaking News

Foxtons’ internal lettings data shows market returning to normal

Data from in-the-news agency Foxtons reveals rental applicant demand has increased 9% from February, yet is now still 14% lower year...

24 April 2024

From: Breaking News

Online firm launches budget “self-service” lettings platform

An online lettings platform claims to have launched the first “end-to-end self-service lettings platform” which could save landlords around £3,800. Hello Neighbour...

19 April 2024

From: Breaking News

Interest Rates to stay high despite this week’s good inflation news

Interest rates are expected to stay high despite good inflation news likely to be announced this week. The Office for Budget Responsibility...

15 April 2024

From: Breaking News

Agency warns on landlords’ and tenants’ differing rent expectations

Prime London rental values ticked up 0.3% over the first three months of 2024, according to Savills, as the market continues...

04 April 2024

From: Breaking News

Industry boss slams government for ‘grandstanding’ on rent issues

HomeLet and Let Alliance’s chief executive Andy Halstead has called for less “government grandstanding” and more direct action to recognise the...

03 April 2024

From: Breaking News

London lettings becoming more stable, says LonRes

February saw significant improvements in activity across the prime London lettings market, and annual rental growth also increased slightly after four...

21 March 2024

From: Breaking News

Agents’ single demand of government - solve the housing emergency!

Propertymark has urged the Scottish Government to resolve the country’s ongoing housing emergency. The news comes as Scottish Labour MSP Mark Griffin...

20 March 2024

From: Breaking News

Crunch Week ahead for interest rates and inflation

Latest inflation figures are announced on Wednesday and the Bank of England makes its next base rate decision on Thursday. The Office...

15 March 2024

From: Breaking News

RICS Warning: rents still rising as landlords quit lettings sector

Today’s new market snapshot from the Royal Institution of Chartered Surveyors shows tenant demand rising but at a rather more modest...

14 March 2024

From: Breaking News

Right To Buy cash ‘stolen’ by government will worsen rental crisis

An umbrella group called London Councils has expressed “extreme concern” at the government’s decision to stop letting local authorities keep money...

13 March 2024

From: Breaking News

Government to double council tax on empty homes after one year

Sharpened rules to double council tax on long term empty properties will come into force from April 1, says the government.  A...

13 March 2024

From: Breaking News

Foxtons issues warning to landlords as tenant demand drops

The number of new rental instructions in February was 20 per cent higher year-on-year, says London-focused agency Foxtons. Average rent achieved rose...

12 March 2024

From: Breaking News

Build To Rent set to suffer from Hunt’s stamp duty changes

Chancellor Jeremy Hunt’s Budget is set to hit Build To Rent. The British Property Foundation is reacting to news that Multiple dwellings...

08 March 2024

From: Breaking News

PropTech sector gives a thumbs down to lacklustre Budget

The PropTech sector has mostly agreed with the rest of the industry in its view on yesterday’s Budget - that it...

07 March 2024

From: Breaking News

Chancellor reveals property tax change in Budget

The Chancellor has used his Budget to confirm a 2p cut in National Insurance, from April 6. This will take it...

06 March 2024

From: Breaking News

Business Rates - Agency warns Hunt he has last chance to get them right

The Chancellor has one last chance to come good on the election promise of lowering the burden of business rates –...

06 March 2024

From: Breaking News

Rental Sector Tax Grab - leading agency boss speaks out

A figure in one of the country’s highest profile lettings companies has hit out at a government proposal to penalise the...

05 March 2024

From: Breaking News

Nationwide demands four tax changes to help the private rental sector

Nationwide has taken the unusual step of using its buy to let lending arm - The Mortgage Works - to make...

05 March 2024

From: Breaking News

Tax Grab - rental sector may not be viable warns Propertymark

The chief executive of Propertymark has made an outspoken attack on the government in response to its latest attempt to extract...

04 March 2024

From: Breaking News

Tax Raid planned on rental sector in Budget - report

The Budget on Wednesday will contain a £300m tax raid on the rental sector according to a report this morning -...

03 March 2024

From: Breaking News

Letting agents demand mortgage lenders cut rates to help market

The letting agents’ trade body Propertymark has made the unexpected move of calling on banks to cut mortgage rates. Rates are typically...

01 March 2024

From: Breaking News

HMRC rakes in hundreds of millions more in property-related tax

HM Treasury raked in £6.3 billion in inheritance tax receipts in the 10 months from April 2023 to January 2024 according...

23 February 2024

From: Breaking News

Purplebricks boss slams Tories in unexpected attack

While most agents remain relatively tight lipped about party politics, the chief executive of Purplebricks has said the Tories should take...

13 February 2024

From: Breaking News

House Prices see small monthly gains - new index shows stronger market

Another index has suggested a small monthly increase in house prices in England and Wales - even though the annual rate...

13 February 2024

From: Breaking News

Rents Shock - they’ve fallen for the past three months

New data released by insurance firm HomeLet claims that average rents have fallen now for three months on the bounce. The past...

05 February 2024

From: Breaking News

Stamp Duty slump is a pre-Budget blow for Chancellor

Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...

01 February 2024

From: Breaking News

House builders overwhelmingly want Labour to win General Election

A Knight Frank survey of 50 house builders shows a staggering 70 per cent support for Labour to win the next...

29 January 2024

From: Breaking News

Huge rise in property tax for HMRC ahead of possible Budget change

Figures released by HMRC show that the Treasury raked in £5.7 billion in inheritance tax receipts in the nine months from...

24 January 2024

From: Breaking News

Budget 2024 - Just days left for agents to send ideas to Jeremy Hunt

Agents who want to put their arguments for lettings fiscal reform to the Chancellor have until 5pm next Wednesday to submit...

19 January 2024

From: Breaking News

Phil Spencer warns that Summer will be hectic for lettings sector

Summer looks like it’s going to be a hectic period for lettings agents and the private rental sector according to TV...

17 January 2024

From: Breaking News

Tenants itemise top three priorities in new survey

A survey by one of the industry’s deposit alternative services, flatfair, shows that - unsurprisingly - over 61 per cent rank...

12 January 2024

From: Breaking News

Renters Reform Bill won’t take effect until late 2024 at the earliest

David Cox, the former ARLA chief executive, says the earliest that the Renters Reform Bill could come into effect is late...

09 January 2024

From: Breaking News

Knight Frank warns that Rwanda controversy could force early election

Knight Frank has taken the unusual step of warning that Tory splits over Rwanda and immigration could force an early election...

08 January 2024

From: Breaking News

Tenants Scammed - new guidelines for agents to give renters

Propertymark is telling member agents to be aware of potential risks and help educate tenants to lookout for common scams, especially...

04 January 2024

From: Breaking News

Short lets tax change this week just the first of many in 2024

Airbnb and other short let platforms are from this week required to send data on their clients’ earnings to HMRC. And a...

03 January 2024

From: Breaking News

Budget date revealed as Gove hints at new housing policies

The date has been set for the Spring Budget - the last before the General Election.  It’s to be on Wednesday March...

28 December 2023

From: Breaking News

Agent unhappy at “missed opportunity” to help rental and other housing sectors

One of the UK’s leading lettings agents is bemoaning what he calls “the missed opportunity “ to help the rental sector...

22 December 2023

From: Breaking News

Half of prime London new builds in 2023 went to foreign investors - agency

Strutt & Parker’s London New Homes staff attribute 50 per cent of their market this year as dollar-based - 30 per...

22 December 2023

From: Breaking News

Top agent senses change of mood in rental market

One of Britain’s leading agents - former RICS residential chairman Jeremy Leaf - says he is seeing a change of mood...

21 December 2023

From: Breaking News

Over 90% of homes could meet EPC rating C or higher - claim

A major property industry supplier claims that the housing sector could meet government targets to improve the Energy Performance Certificate ratings for homes.  Landmark...

20 December 2023

From: Breaking News

This week’s inflation news may determine a New Year interest rate cut

All eyes are on HM Treasury this week ahead of the next inflation figures, to be released on Wednesday morning. Analysts suggest...

18 December 2023

From: Breaking News

Fairer Rental Sector is key Propertymark demand for Budget

Propertymark has laid out its proposals to the Scottish Government ahead of its 2024-25 Budget next week. The letting agents’ trade body...

15 December 2023

From: Breaking News

Small autumn dip in London rents as market returns to normality

Data from London-focussed lettings agency Foxtons has found that rent is up eight per cent year-on-year, with the London average now...

15 December 2023

From: Breaking News

Councils enforcing rental licensing are on brink of bankruptcy

Scores of councils that enforce licensing regimes on the private rental sector claim they are on the verge of bankruptcy. Almost one...

08 December 2023

From: Breaking News

Earliest ever ‘panic buying’ start to student lettings season

A student lettings business claims the cycle of booking accommodation for the 2024-25 academic year has already started in some cities. The...

07 November 2023

From: Breaking News

Agency slams four councils for policies which directly hit rental supply

The lettings agency Winkworth has taken the unusual step of criticising policies of a series of councils. The councils are all Labour...

30 October 2023

From: Breaking News

Rental Supply Drought - cheaper sector of market is worst affected

The cheapest end of the rental market is under-supplied and overly competitive, a deposit alternative service claims. The provider - Zero Deposit...

27 October 2023

From: Breaking News

Council sets up own lettings agency to woo private landlords

A council has launched its own social lettings agency to work with private sector landlords in tackling the record numbers living...

26 October 2023

From: Breaking News

Agents demand payment changes in upcoming Autumn Statement

Propertymark is urging the government to use next month’s Autumn Statement to support low-income households in the private rented sector in...

26 October 2023

From: Breaking News

Many want to go self-employed - but do the figures add up?

At a time when the agency industry is being wooed by new self employed business models, a new survey suggests most...

04 October 2023

From: Breaking News

EPC U-turn - Agent welcomes Sunak’s change of heart

The lettings chief in a prominent regional agency says she’s delighted that Prime Minister Rishi Sunak has done a dramatic U-turn...

29 September 2023

From: Breaking News

Huge number of renters struggle to make payments - Which?

An estimated seven million UK households are struggling to keep up with their rent or mortgage payments, Which? warns, with millions...

28 September 2023

From: Breaking News

Want to give advice to Chancellor Jeremy Hunt?

The Autumn Statement on November 22 is the traditional vehicle for the Chancellor to introduce tax change - but now you...

27 September 2023

From: Breaking News

Foxtons reveals latest London lettings market statistics

New figures from Foxtons show that average weekly rent in July 2023 was 12 per cent higher than July 2022.  The agency’s...

15 August 2023

From: Breaking News

Praise for self-employed and entrepreneurial franchise teams

The head of one of the country’s highest profile franchise agency empires says the self-employed ethos of some advisers and entrepreneurial...

04 August 2023

From: Breaking News

Bank of England reveals latest interest rate decision

The Bank of England’s monetary policy committee has announced its decision on base rate. It will rise by 0.25 per cent to...

03 August 2023

From: Breaking News

Lettings division proves its worth in agency's big turnaround

A strong lettings division has allowed Foxtons to record strong growth in its latest trading statement, despite the challenging sales market. The...

28 July 2023

From: Breaking News

Agents warned: 7% interest rates for many months to come

A stark warning has been made to lettings and estate agents that interest rates as high as seven per cent may...

25 July 2023

From: Breaking News

Call for buy to let mortgage rules to be relaxed during crisis

A property industry commentator wants buy to let mortgage rules to be relaxed so that frustrated sellers can let out their...

12 July 2023

From: Breaking News

Rebranded agency launches all-inclusive tenancy deal

My Property Box Tyne & Wear has extended its all-inclusive rent deal - and it says it’s in response to concerns...

11 July 2023

From: Breaking News

Mortgage Mayhem: will six months breathing space stop housing crash?

Concern remains that the mayhem surrounding the mortgage market may yet trigger a housing market crash. At the start of the weekend...

26 June 2023

From: Breaking News

Summer rents soar with 18% annual rises in places

Data from London-focussed agency Foxtons reveals that average weekly rental prices in May have surpassed the peak of 2022. The average weekly...

16 June 2023

From: Breaking News

Room rents increasingly unaffordable, claims new research

An insurance firm claims two thirds of people’s typical budgets are too low to afford the average UK rent of £634...

09 June 2023

From: Breaking News

Fight Back Against Rent Controls - rallying call to agents

Two prominent trade bodies representing elements of the private rental sector are fighting back against the latest attempt to impose rent...

09 June 2023

From: Breaking News

Big increase in ‘good EPC’ buy to let mortgage borrowing

One of the biggest lenders in the rental space - Paragon Bank - recorded a 19 per cent increase in buy...

07 June 2023

From: Breaking News

Interest Rates - Bank of England reveals latest decision

The Bank of England has announced its latest decision on base rate. This has been increased by 0.25 per cent to 4.5...

11 May 2023

From: Breaking News

Agent says London rents are far higher than official figures

A London-focused lettings agency says actual rents in the capital are far greater than official average figures produced by the government.  Benham...

28 April 2023

From: Breaking News

Agency’s warning to renters - it’ll be a tough spring

Lettings agency Fine & Country believes that tenants will continue to feel the pressure this spring with rental growth expected to...

21 April 2023

From: Breaking News

Quids In - massive rise in lettings revenue for Foxtons

London-focussed agency Foxtons has reported a huge leap in revenue from its lettings division. Lettings revenue was up 27 per cent in...

21 April 2023

From: Breaking News

Agency uncovers big fall in property taxes

Revenue from property taxes in Scotland has dropped significantly so far this year, according to a prominent lettings agency.  DJ Alexander Ltd...

12 April 2023

From: Breaking News

Agents step up call for scrapping of LHA freeze

Propertymark has renewed its call for Local Housing Allowance  - which has remained static since 2020 - to be increased. It says...

05 April 2023

From: Breaking News

Agents try to shore up investor confidence after house price fall

Trade bodies have been trying to shore up investor confidence after the latest house price index, by the Nationwide, showing another...

03 April 2023

From: Breaking News

Agents react to Bank of England interest rate decision

The Bank of England has raised base rate by 0.25 per cent to 4.25 per cent - the highest level since...

24 March 2023

From: Breaking News

London rents show “unseasonable” early year rise - Foxtons

New figures today from London agency Foxtons show that the average rent in February 2023 rose five per cent from the...

23 March 2023

From: Breaking News

Agent tells Gove: cease attacks on private rental sector

A prominent lettings agent in the north of England has written to Housing Secretary Michael Gove urging him to cease attacking...

22 March 2023

From: Breaking News

Renters quit big city centres in search of lower rent locations

Rightmove says growing numbers of renters are leaving Britain’s cities to find a cheaper place to live or to get more...

17 March 2023

From: Breaking News

Shelter angry at Hunt’s ‘nothing about housing’ Budget

Campaigning charity Shelter is angry with Chancellor Jeremy Hunt over his Budget  While most in the property industry have expressed relief that there...

16 March 2023

From: Breaking News

Delay EPC change to help rental sector - top agency’s Budget hope

A prominent lettings agency has called for a delay to the government’s EPC upgrade timetable to be announced in this afternoon’s...

15 March 2023

From: Breaking News

Tax incentives for rental sector - top agent’s plea to Chancellor

A prominent agent and former RICS residential chairman has made an impassioned plea to the government to help the private rental...

14 March 2023

From: Breaking News

Cash Is King for buy to let as interest rates hit investors

New buy to let purchases are increasingly being funded by cash rather than a mortgage, says Hamptons lettings agency.   So far this...

13 March 2023

From: Breaking News

Prominent agent slams Tories for damaging supply of homes

The government must focus on measures in next week’s Budget that will boost significantly the supply of homes, according to lettings...

09 March 2023

From: Breaking News

Tenant demand still on the rise as RICS calls for Budget help

The latest market snapshot from the Royal Institution for Chartered Surveyors - out today - shows tenant demand continuing to increase...

09 March 2023

From: Breaking News

Will Chancellor Hunt’s Budget dare help the rental sector?

A prominent lettings agency chief wants a raft of measures to help the private rental sector and investors in next week’s...

08 March 2023

From: Breaking News

Agents’ hopes rise for a soft landing for sales

“Optimism has survived another difficult month” says business consultancy Hargreaves Lansdown in response to the latest house price index.  Indeed, the industry...

08 March 2023

From: Breaking News

Political wannabes wrong to blame holiday lets, claims top agent

A prominent lettings agent has criticised leading candidates for the leadership of the Scottish National Party for anti-holiday let policies. David Alexander,...

03 March 2023

From: Breaking News

Lettings growth is bright spot for agency after big profits fall

Pre-tax profits for Connells Group have plummeted from £111.3m in 2021 to £67.5m last year - but its lettings division has...

02 March 2023

From: Breaking News

Property chiefs increasingly optimistic about 2023 market

There’s a slowly growing optimism amongst property industry figures that the 2023 housing market will be relatively pain-free and not seeing...

23 February 2023

From: Breaking News

Tenants’ mental health hit by high rents - claim

A property firm is claiming that nearly half of the UK’s younger generation of renters stay up at night worrying about...

09 February 2023

From: Breaking News

Interest rates to rise again as top agent warns on sales market

The chief executive of Propertymark is warning that interest rates are likely to rise at least one more time. The remarks by...

09 February 2023

From: Breaking News

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