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KEYWORD "Stamp Duty" - 100 RESULTS
Brexit and High Interest Rates pose major challenges to agents

Letting agents believe Help to Buy has been the most positive influence to the property market in recent times, while on...

16 May 2024

From: Breaking News

Far cheaper to rent than to buy in London - new figures

Londoners looking to buy a home can expect to spend 42% more on monthly mortgage payments than tenants pay on rent,...

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

Rents Under Pressure in parts of London, admits top agency

Supply has continued to build while demand remained steady, which increased downwards pressure on rents in the first quarter of 2024...

09 April 2024

From: Breaking News

Agent demands end of bizarre rule making tenants pay stamp duty

A prominent lettings agent is calling for an end to what he calls the “archaic” system under which some tenants end...

22 March 2024

From: Breaking News

Give tax perks to renters to help them buy, urges think-tank

A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...

20 March 2024

From: Breaking News

Investor and landlord purchases rise, despite soaring taxes

The largest lettings agency in Scotland says purchases by landlords and other investor buyers in that country have risen sharply despite...

20 March 2024

From: Breaking News

Warning to Labour leader - no rent controls, yes to lower taxes

The new Labour leader in Wales, Vaughan Gething, has received an early shot across the bows from Propertymark. Gething was elected Welsh...

18 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

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

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

Government rules out council tax reform - no matter how unfair it is

The government has ruled out any reform to the council tax system. There has been long standing criticism of council tax because...

06 February 2024

From: Breaking News

Political uncertainty suggests ongoing landlord exodus, says Knight Frank

Prime London rental values fell closer to their longer-term average in January, as supply continued to increase - but worries about...

05 February 2024

From: Breaking News

Wealthy tenants demand prime rental units ‘with highest spec’

A prominent lettings agency is advising landlords to fit out homes in prime locations to the same high specification as if...

01 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

Agent’s unique insight into “no end in sight” rental crisis

A managing partner at a letting agency has given an insight into the unique forces which he says is “strangling” the...

30 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

Prime lettings market now near normal says Knight Frank

There were 3.7 new prospective tenants for every rental property listed in prime London postcodes last month says Knight Frank. The figure,...

14 December 2023

From: Breaking News

Super-Rich rent as they baulk at high Stamp Duty purchase costs

More multi-millionaires and billionaires are choosing to rent super-prime homes in London, rather than purchase, reveals a new wealth report Beauchamp Estates’...

29 November 2023

From: Breaking News

Big rise in tax receipts as Chancellor ponders Autumn Statement

Inheritance Tax totalled £4.6 billion for the HM Treasury between April and October - that’s £500,000 up on the same period...

22 November 2023

From: Breaking News

Agents continue campaign against rent controls despite legal setback

Propertymark says it’s delivering a powerful message to the Scottish Government - despite losing a recent key legal case. The agents trade...

09 November 2023

From: Breaking News

New ‘Rent Then Buy’ scheme aims to woo tenants into ownership

David Wilson Homes has launched a scheme where prospective buyers who can muster a 2.5 per cent deposit can reserve a...

02 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

Radical EPC rating B target demanded by business consortium

A business consortium is calling for bold measures to encourage landlords and owner occupiers to retrofit their homes, with the introduction...

24 October 2023

From: Breaking News

Rayner’s Section 21 Reform must not kill private rental sector - warning

Propertymark has fired a broadside at Labour saying it must provide agents with a proper court system to handle evictions. Labour deputy leader...

10 October 2023

From: Breaking News

RICS tells Tories - do more to improve supply of rental properties

The Royal Institution of Chartered Surveyors is launching its manifesto at this week’s Tory party conference - and improving the supply...

02 October 2023

From: Breaking News

Cut-price properties tempting investment buyers, says accountancy chief

Some prospective buy to let landlords may be about to use their equity to snap up investment properties at discounted rates,...

27 September 2023

From: Breaking News

Stricter EPCs - Rightmove warns it could take DECADES to retrofit

A new analysis by Rightmove suggests it could take literally decades for the private rental sector to conform with stricter energy...

28 July 2023

From: Breaking News

Public want more tax on Airbnbs and higher private rental standards

A mortgage lender has conducted a survey of homeowners which has produced a string of anti-landlord and anti-overseas investor attitudes. Market Financial...

07 July 2023

From: Breaking News

Private rental sector still a big money-earner for tax authorities

Investors and second home buyers contributed over a quarter of all property taxes in the last year according to a property...

02 June 2023

From: Breaking News

Stamp Duty Surcharge triggers long-term slump in off-plan sales

Off-plan new build properties - at one time a solid favourite amongst landlords - are now falling out of favour with...

23 May 2023

From: Breaking News

Stamp Duty Surcharge: Labour considers raising it even higher

Labour is considering raising the buy to let and holiday home stamp duty surcharge above the current three per cent if...

12 May 2023

From: Breaking News

Labour to allow councils to limit new build sales to first time buyers

A newspaper says Labour is seeking to woo renter voters by allowing councils to restrict new build homes to first time...

11 May 2023

From: Breaking News

Section 24: Agents call for mortgage tax relief to be reinstated

A new survey of lettings agents and landlords has put the reinstatement of Section 24 mortgage tax relief at the top...

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

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

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

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

Lettings instructions dip in London after New Year surge

The number of lettings instructions in London has dropped since the start of the year.  Knight Frank says that compared to the...

01 March 2023

From: Breaking News

Rental market to stay strong as First Time Buyer numbers plummet

A new analysis suggests that the number of first time buyers has plummeted by over 10 per cent in the past...

23 February 2023

From: Breaking News

Extra tax on buy to lets can help housing be ‘more equal’ - claim

The political party propping up the Scottish Government says higher taxes on buy to lets will help the housing market be...

31 January 2023

From: Breaking News

All Change - supply growing and rental prices under pressure

A leading agency says there are now clear indications that supply in the lettings market is growing and that rent levels...

24 January 2023

From: Breaking News

Agents on warpath over increasing additional property tax threat

Propertymark chief executive Nathan Emerson has personally written to  a leading politician about a tax threat to the rental sector.  Emerson has...

18 January 2023

From: Breaking News

Reverse The Tax Threat - major agency backs petition

A high profile lettings agency has backed a petition demanding the reinstatement of tax relief for landlords. Benham and Reeves says it...

11 January 2023

From: Breaking News

Rental demand set to rise as first time buyer numbers drop sharply

The number of first-time buyers is estimated to have fallen by nine per cent in 2022, Yorkshire Building Society says. Analysis by...

05 January 2023

From: Breaking News

Tax on buy to lets and second homes up to 6% - will rest of UK follow suit?

Land and Buildings Transaction Tax - the Scottish equivalent of stamp duty - has risen to six per cent for all...

16 December 2022

From: Breaking News

Buy To Let is NOT dead - investors buy higher proportion of homes

Investment buyers will snap up a higher proportion of homes in 2022 than they did in 2021, the Hamptons agency forecasts.   So...

12 December 2022

From: Breaking News

Agent claims high tax may make part of the UK ‘too expensive’

The tax on property purchased in one part of the UK has reached a new record figure - and a top...

07 December 2022

From: Breaking News

Game Over for renting if stamp duty rises too much, agent warns

A respected agent is warning that a proposal to increase stamp duty on additional homes could kill off the rental market...

29 November 2022

From: Breaking News

CGT tax change - It could have been worse, say agents

Just about every agency that has commented on yesterday’s Autumn Statement are in agreement - changes to Capital Gains Tax, Inheritance...

18 November 2022

From: Breaking News

Rental Sector hit by surprise Capital Gains and Stamp Duty tax changes

Chancellor Jeremy Hunt has delivered his long-awaited Autumn Statement - the fiscal event which he says will lead to “all of...

17 November 2022

From: Breaking News

Buy To Let may be a busted flush, warns investment guru

A prominent figure in property investment is warning that buy to let is the sector facing the biggest challenges in the...

17 November 2022

From: Breaking News

Tax turmoil to dominate Autumn Statement warns leading agency

One of the country’s most respected lettings agencies says tax is dominating the agenda ahead of Thursday’s Autumn Statement from Chancellor...

15 November 2022

From: Breaking News

Change EPCs and use stamp duty to make homes greener - call

With the private rental sector stressed at the prospect of stricter energy efficiency rules in the coming years, the body representing...

02 November 2022

From: Breaking News

Down They Go - House prices to drop to mid-2021 levels says agency

Knight Frank says it expects house prices to drop in the coming year - but only to those levels seen in...

31 October 2022

From: Breaking News

Agents welcome Hunt tax change - but who knows what’s coming?

Propertymark’s chief executive Nathan Emerson has welcomed the dramatic government U-turn on taxes - but most importantly has retained the stamp...

18 October 2022

From: Breaking News

Stamp Duty - Chancellor Hunt reveals what happens next

The new Chancellor, Jeremy Hunt, says the limited cut in stamp duty in England and Northern Ireland announced in the mini-Budget...

17 October 2022

From: Breaking News

Welcome Jeremy Hunt - will he last long enough to do anything?

The new Chancellor, Jeremy Hunt, has been welcomed by the agency establishment - even though some may be wondering how long...

17 October 2022

From: Breaking News

Mini-Budget leads to house prices falls in 2023 and maybe 2024 - claim

The Knight Frank lettings and estate agency is warning that it expects house prices to fall in 2023. Tom Bill, its head...

03 October 2022

From: Breaking News

Sales market now favours buyers - how will this affect rentals?

Zoopla is issuing a warning today that price cuts in the sales market are likely to hit pre-pandemic levels as affordability...

29 September 2022

From: Breaking News

Starmer’s Labour issues threat to buy to let with new restrictions

Labour leader Sir Keir Starmer picked on the buy to let and holiday home sectors as targets for future restrictions, in...

28 September 2022

From: Breaking News

Stamp Duty change does nothing to help rental sector - claim

The euphoria caused by the stamp duty cuts announced just before the weekend has given way to a realisation that they...

26 September 2022

From: Breaking News

Capital appreciation roars ahead - even before stamp duty surge

Asking prices of homes coming to the market continue to rise, even before the expected surge in demand following the government’s...

26 September 2022

From: Breaking News

Stamp Duty Cuts take effect immediately

Chancellor Kwasi Kwarteng has announced that stamp duty will be cut.  In future there will be no stamp duty on the first...

23 September 2022

From: Breaking News

Interest rate rise announced by the Bank of England

The Monetary Policy Committee of the Bank of England has agreed to raise interest rates by 0.5 per cent to 2.25...

22 September 2022

From: Breaking News

Tenants getting first refusal as landlords quit rental sector

A range of mortgage brokers are reporting an increase in enquiries from private tenants who have been given first refusal to...

16 September 2022

From: Breaking News

AirBnb attacks “buy to let speculators” after regulation threat

AirBnb says proposed changes to short let rules in Wales should be aimed at property speculators, not ordinary people. The Welsh Government...

08 July 2022

From: Breaking News

More choosing to rent long-term - claim

A specialist rental platform says its research shows a growing number of people intentionally renting long-term. Ocasa says the reason is the...

09 June 2022

From: Breaking News

Tax on homes to let is ‘hard to implement, not cost effective’

Tax experts say that an attempt to levy higher purchase tax on holiday lets and second homes in one part of...

11 April 2022

From: Breaking News

EPC Upgrades - Government slammed over costs of improvements

A property finance company says increased taxes and regulations for the private rental sector mean that energy efficiency improvements to raise...

24 March 2022

From: Breaking News

Warning over Capital Gains Tax on buy to let sales

A business consultancy is warning that buy to let sellers in the current market are likely to be squeezed - and...

15 March 2022

From: Breaking News

Buy To Let benefits quantified - thank goodness for capital appreciation

Agents tasked with persuading possible investors as to the benefit of buy to let have new ammunition, in the shape of...

03 March 2022

From: Breaking News

Agents urge government cash to use empty homes for renters

New financial incentives are needed to bring thousands of empty homes back into use and give a much-needed boost to the...

01 March 2022

From: Breaking News

More industry regulation needed - but not if it alienates agents

A leading figure in the PropTech sector says more regulation could make the rental sector fairer, more transparent and ultimately more...

25 February 2022

From: Breaking News

Take That! Agency chief lets rip at flawed policies of government

The leader of one of Britain’s highest profile lettings agency operations has let rip at the government for what he calls...

10 February 2022

From: Breaking News

HMRC and Government warned - don’t let Capital Gains Tax kill buy to let

A finance chief is warning that the threat of possible rises in Capital Gains Tax should be dismissed by the government to...

09 February 2022

From: Breaking News

Holiday lets firm says tourist areas need more affordable homes

A major holiday let company in one of the country’s prime tourist destinations says more affordable homes should be built to...

09 February 2022

From: Breaking News

Massive rise on managed properties for agency group

The Property Franchise Group now manages in excess of 74,000 rental properties on behalf of landlords, according to a new trading...

02 February 2022

From: Breaking News

London lettings some way from full recovery, says agency

There’s still some way to go for the lettings market to return to its pre-pandemic best according to Knight Frank -...

18 January 2022

From: Breaking News

Memo to government: Slash stamp duty surcharge to get more rental units

Politicians who express concern over the number of holiday lets and Airbnbs in tourist areas miss one major point - if...

17 January 2022

From: Breaking News

London rental market strong but growth depends on easier travel

A generally upbeat trading statement from franchise agency giant Winkworth reports that prime London’s rental market’s long term return to normality...

13 January 2022

From: Breaking News

HMRC shock for tenants - some may have to pay stamp duty

A little-known law may require tenants to pay stamp duty on the rental properties they do not actually own. London lettings agency...

12 January 2022

From: Breaking News

Buy To Let lending set to fall back this year - forecast

Buy To Let lending is set to fall back this year, after a hectic 2021. That’s the forecast from the Intermediary Mortgage...

11 January 2022

From: Breaking News

Rent To Buy scheme snaps up senior housing guru

One of the most respected figures in British housing has joined one of the growing number of Rent To Buy companies. Lord...

05 January 2022

From: Breaking News

Government gets lesson in how to stimulate buy to let market

New figures show how effective the stamp duty holiday was in stimulating buy to let - and how similar measures could...

19 November 2021

From: Breaking News

Staged properties fetch more in lettings and sales markets

Staging a home during the selling process could boost a sale price by up to £47,000; meanwhile lettings asking prices could...

18 November 2021

From: Breaking News

They’re back: Parents are buying buy-to-lets for student offspring

The once-popular idea of parents buying a property for their offspring to use while at university, and then letting it to other...

11 November 2021

From: Breaking News

Rents up sharply in prime areas of London as market bounces back

Rental growth in prime areas of London has climbed to multi-year highs according to new data from Knight Frank.  While only a...

05 November 2021

From: Breaking News

Agents change working hours to encourage greater staff well-being

Early results from a survey into wellbeing suggest that agents are changing their working practices to help staff have a greater...

04 November 2021

From: Breaking News

Agents - are you seeing more ‘later life’ buy to let landlords?

A new report suggests that agents may already be seeing more middle-aged and older landlords - and if that hasn’t happened...

15 October 2021

From: Breaking News

Help London’s rental sector - agent’s plea to government

A leading agent and member of the Propertymark board says London’s letting agencies and private rental sector need government help -...

12 October 2021

From: Breaking News

Stamp Duty Holiday did nothing to improve buy to let purchases

Lettings agency Hamptons, part of Connells, says there’s little sign that the stamp duty holiday led to large numbers of new...

11 October 2021

From: Breaking News

Buy to let still seen as heavily regulated and unsympathetic to landlords

The end of the stamp duty holiday today has triggered a reduction in the number of buy to let investors saying...

01 October 2021

From: Breaking News

Easing of pandemic restrictions pushes growth to record levels – Knight Frank

Knight Frank is anticipating a “sprint for stock” in the lettings market as offices reopen and travel restrictions ease.  Tom Bill, Knight...

20 September 2021

From: Breaking News

Industry welcomes Gove as new Housing Secretary

The property industry has broadly welcomed Michael's Gove appointment as Housing Secretary after he replaced Robert Jenrick yesterday afternoon. “We welcome today’s...

16 September 2021

From: Breaking News

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