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KEYWORD "Tax" - 101 RESULTS
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

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

Agents Furious at Permanent Rent Controls proposed by politicians

Agents have expressed their anger at permanent rent controls proposed by the SNP and Green Party politicians running the Scottish Government. The...

28 March 2024

From: Breaking News

No Rent Controls! Propertymark’s plea to leading politician

Propertymark has issued a no-holds-barred plea to the politician who has been named as the new housing minister in Wales -...

28 March 2024

From: Breaking News

Renting cheaper than owning for most first time buyers says Halifax

For first time buyers, renting is cheaper than buying in most of the UK according to new data from the Halifax.  London, the...

27 March 2024

From: Breaking News

Ground Rents U-turn hailed ‘a victory for common sense’

What appears to be another government housing policy U-turn - this time on ground rents - is being hailed as “a...

26 March 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

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

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

Phil Spencer asks: Should Agents Manage Short Let Properties?

It’s not easy for anyone - even professionals like lettings and estate agents - to keep up with the blizzard of...

19 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

Passive income from buy to let is a myth, warns legal expert

New and past landlords tempted back to Buy to Let have been warned - passive income from property isn’t easy.  This is...

14 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

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

London still attracts rental investors despite 'disjointed' market

A prominent property expert who runs a buying and property management service for high end clients says London still attracts international...

01 March 2024

From: Breaking News

Shelter lobbies politicians with ‘rental plan to end homelessness’

Shelter is calling for the construction of 90,000 rental properties each year for a decade - and it claims this would...

27 February 2024

From: Breaking News

Short Lets Clampdown - More campaigners back Gove

Countryside campaigning charity CPRE has given a warm welcome to Michael Gove’s clampdown on short lets. Earlier this week Housing Secretary Michael...

23 February 2024

From: Breaking News

Beware 1% Deposits - Knight Frank lays into government

Knight Frank has taken the unusual step of suggesting a government proposal for the housing market is high-risk and could even...

23 February 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

Buy To Let lending for older landlords falls off a cliff

New figures from lenders trade body UK Finance show a massive fall in buy to let loans for those aged 55...

20 February 2024

From: Breaking News

Buy to let portfolio used for housing association tenants

A council that is buying private properties in second home hotspots to let to local people has struck a new agreement...

16 February 2024

From: Breaking News

Agents’ desperate plea to prevent exodus of student landlords

Propertymark has called on the UK Government to prevent a mass exodus of student landlords.   The news comes as a poll conducted...

14 February 2024

From: Breaking News

Agents plead with Bank of England after buy to let mortgage arrears soar

Propertymark wants the Bank of England to cut interest rates following data showing soaring mortgage arrears and repossessions. Lenders trade body UK...

09 February 2024

From: Breaking News

Last-minute government U-turn on HMO regulation changes

The government has done a U-turn on its original policy to relax HMO regulations on private rental properties used by asylum...

08 February 2024

From: Breaking News

MPs turn on Airbnb and other short lets

Prominent MPs from the Conservative and Liberal Democrat parties have renewed their onslaught on Airbnb and other short let platforms.  Former Lib...

06 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

Propertymark’s ringing endorsement for Material Information changes

Propertymark’s property auction division - NAVA - has given ringing endorsement to the Material Information changes demanded under new Trading Standards...

05 February 2024

From: Breaking News

Agent says rents set to fall as economy returns to near-normal

A buying agent claims that rents could finally be tailing off despite some indices showing rises still taking place. According to Rightmove,...

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

Third of agents seeing rent rises even at weakest time of year

Over a third of ARLA Propertymark members reported in December that rental prices have increased, according to their latest Housing Insight...

31 January 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

New Year Bounce - strong start to 2024 housing market says Zoopla

A return of pent-up demand and mortgage rates falling below five per cent have boosted the start of the year for...

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

Mortgage experts predict boost in buy to let lending this year

Just under half of mortgage brokers expect to place more limited company buy-to-let business throughout the next 12 months, Paragon Bank...

24 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

Shock figure reveals tax burden paid by private rental sector

Property taxes in Scotland exceeded £600m over the last year according to analysis of the latest statistics by the country’s largest...

17 January 2024

From: Breaking News

Trading Standards giving agents free teach-in on Material Information

Propertymark is hosting an Understanding Material Information for Lettings Agents on Thursday January 18 from 1230 to 1400. The National Trading Standards...

16 January 2024

From: Breaking News

Big mortgage rate cuts likely this year - agency revises forecast

Knight Frank has revised its housing market forecasts for 2024, just two weeks into the new year. It’s done this on the...

15 January 2024

From: Breaking News

Rental growth to decline this year warns muted Winkworth

Winkworth’s first trading statement of 2024 reveals that it saw a five per cent rise in rental revenues in 2023 -...

11 January 2024

From: Breaking News

Two of the largest lettings agencies propose to merge

The Property Franchise Group, the UK's largest property franchise brand, wants to merge with long-time rival Belvoir. Both are listed on the...

10 January 2024

From: Breaking News

Seven Tips this lettings agency is giving its landlord clients

Online rental platform Lettingaproperty is telling landlords to take a strategic approach to property management in 2024, to help navigate legislative...

08 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

Over 700 CPO homes let by government along doomed HS2 rail line

Newspaper report claims some 710 properties have been put into the private rental market by the government - and they are...

03 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

Mortgage Lenders set out buy to let forecasts for 2024/2025

UK Finance has published its housing and mortgage market forecasts for 2024 and 2025 together with projections for 2023 full year numbers. Key figures for 2023 In...

29 December 2023

From: Breaking News

Tax Grab - Big rise in Inheritance Tax paid to HMRC

The latest figures from HM Revenue and Customs show that inheritance tax receipts increased to £5.2 billion in the eight months...

28 December 2023

From: Breaking News

Recent rise in buy to let landlords quitting, confirms Bank of England

A new Bank of England survey has confirmed a growing outflow of landlords from the private rental sector since 2020. The Bank’s...

22 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

Labour housing policies win strong public support as Tories lag behind

Independent polling gives Labour a big lead when it comes to its approach to housing policy. Detailed polling by the Ipsos pollster...

21 December 2023

From: Breaking News

Covid Fraud - property company bosses given suspended sentences

Two property company bosses have been sentenced following an Insolvency Service investigation which found they had abused a £30,000 Bounce Back...

20 December 2023

From: Breaking News

Last Ditch Bid to save unpopular freeholds from Gove’s law change

Plans for leasehold reform face a major early stumbling block as analysis shows plans to retrospectively introduce a cap on ground...

20 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

Surveyors warn: Landlords can’t keep their heads above water

Private landlords are abandoning their property portfolios in unprecedented numbers, a group of surveyors claims. The Manchester-based chartered surveyors and auctioneers -...

14 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

Changing face of Private Rental Sector revealed by new survey

A survey of more than 1,000 landlords in the Deposit Protection Service shows the scale of change in the private rental...

13 December 2023

From: Breaking News

More tenants now shop around, says high profile agent

A prominent London buying agent and property consultant says the slowly improving supply of rental property means more tenants are now...

11 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

How investing in a CRM is the best way to NTS compliance

I think we can all agree that the National Trading Standards Material Information reforms are a good thing for the property...

06 December 2023

From: Sponsored Content

Government slammed over clampdown on Airbnb and short lets

A trade body representing short lets operators has slammed government housing failures. The Short Term Accommodation Association says it’s analysed local authority...

01 December 2023

From: Breaking News

Another holiday lets area council slaps tax surcharge on second homes

Second homes in the area of Essex known as Tendring - including popular holiday lets resort Frinton on Sea and the...

01 December 2023

From: Breaking News

Trading Standards reveal details of new Material Information requirements

Parts B and C of the process to improve material information disclosure in property listings are published today within comprehensive new guidance...

30 November 2023

From: Breaking News

Agency calls for Landlords Reform Bill to redress rental balance

Leaders Romans Group is calling for a Landlords Reform Bill to balance the challenges and apparent disincentives now deterring landlords from...

30 November 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

Hunt’s lack of support for rental sector still subject of criticism

Last week’s Autumn Statement - which fell short of expectations in terms of help for the private rental sector - is...

27 November 2023

From: Breaking News

Politicians told - You’re wrong on additional homes tax surcharge

Propertymark has told politicians that an additional homes tax will not succeed in increasing housing supply. Timothy Douglas, head of policy and...

23 November 2023

From: Breaking News

Tax and Benefit Changes announced to impact housing market

Chancellor Jeremy Hunt has used his Autumn Statement to reveal measures affecting both the rental market and the wider property industry.  The Local Housing...

23 November 2023

From: Breaking News

Bidding Wars soar as tenants compete for dwindling supply

It’s claimed that as many as one in five tenants has lost out in a rental bidding war during the last...

22 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

Agent says he’s getting 150+ enquiries per property within 24 hours

Glasgow’s lettings market is the strongest it’s been in up to 10 years, with a shortage of rental flats driving demand...

17 November 2023

From: Breaking News

Agents’ chief warns MPs on need for court reform and more bailiff capacity

Propertymark has called on the government to retain the option of fixed-term tenancies in the private rental sector where it is...

15 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

At last! Normality in sight for lettings market, insists top agency

Normality appeared on the horizon in the prime London rental market in October according to high end agency Knight Frank.  Average rents...

08 November 2023

From: Breaking News

Foxtons buys rival lettings service for £10m

Foxtons has snapped up London lettings agency Ludlow Thompson for £10m. Ludlow Thompson, founded 30 years ago, has seven branches in London, generating...

07 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

Agents supporting HMO council tax breakthrough

Propertymark has welcomed the government’s commitment to end the practice of council tax of banding single rooms in HMOs, potentially saving...

02 November 2023

From: Breaking News

Council lettings agency steps up bid to win private landlords

A council’s lettings service - first set up a decade ago - says it is stepping up its campaign to recruit...

31 October 2023

From: Breaking News

Agents want tax reforms on top of pledge to avoid rent controls

Propertymark has welcomed the pledge by Housing Secretary Michael Gove not to introduce rent controls in England. The trade body says such...

31 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

Mortgage shock pushes agents into seeking government help for landlords

Propertymark has urged the government to tackle rising landlord costs immediately.The warning comes as new research suggests that landlords are spending...

18 October 2023

From: Breaking News

Agents urged to find buyers for landlords who want to sell up

A lettings industry mentor has issued a plea to agents to do more to protect their landlords’ livelihoods. Sally Lawson, founder of...

16 October 2023

From: Breaking News

Millions invested in education project for agents and tenants

Five councils are delivering what they call “a ground-breaking project” aimed at improving the experience and environment for landlords and tenants...

11 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

Labour should champion lettings agent regulation - Propertymark

Propertymark has urged Labour to licence letting agents under its plans to ‘fundamentally reform the private rented sector’. The trade body also...

09 October 2023

From: Breaking News

Parents and Pet Owners Pay More for Renting - claim

Parents and pet owners are paying as much as £460 per month more for rent and bills, it’s claimed. The claim comes...

06 October 2023

From: Breaking News

Rent Rises Even Higher Than Expected - agency revises forecast

A leading lettings agency and property consultancy has revealed that it anticipate stronger-than-expected rental growth this year and next in prime...

03 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

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

Westminster wants to tax short let tenants

Westminster’s Labour controlled council is stepping up its war on Airbnbs and other short lets. It was a mandatory registration system for...

25 September 2023

From: Breaking News

Council Tax set to double for second homes

The Scottish Government is proposing to give local councils the discretion to charge Council Tax premiums of up to 100 per...

22 September 2023

From: Breaking News

Hot Stuff! Top agent welcomes Sunak’s eco U-turn

A leading agent has welcomed the dramatic U turn by the government on how it is to meet its net zero...

21 September 2023

From: Breaking News

Agency group bucks the market thanks to turbocharged lettings

The Property Franchise Group has reported a bumper half year of trading with revenue at £13.2m and pre-tax profits up 11...

13 September 2023

From: Breaking News

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