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KEYWORD "Taxes" - 100 RESULTS
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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Tax Loopholes - government slammed over additional properties

A long-standing and respected property firm has slammed the government for presiding over the “mess” of taxes applied to holiday lets...

05 July 2023

From: Breaking News

Council chief slams holiday lets 'tax subsidy' scheme

A Liberal Democrat council leader says all properties - even those in properly established lettings businesses - should be charged council...

15 June 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

How to attract landlords to your letting agency

As the unending attack on landlords continues, many are succumbing to the pressures of increased taxes, interest rates rising, regulations becoming...

18 April 2023

From: Marketing & Social Media

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 say Business Rate changes for branches are ‘not enough’

Letting agencies with physical offices are being presented with a new business rates system in the future. But Propertymark says the changes...

03 April 2023

From: Breaking News

Review taxes and boost supply - agents’ message to new party leader

Propertymark has given advice to the new Scottish National Party leader and Scotland’s First Minister, Humza Yousaf. The trade group’s head of...

29 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

Webinar to examine key problems challenging industry

Key figures from across the industry will come together tomorrow to discuss the challenges currently facing the lettings sector.,  Starting at 10am...

21 February 2023

From: Breaking News

Airbnbs and Holiday Lets give huge cash boost to communities - claim

The growth of the short term rentals sector has helped create an economy featuring jobs that benefit local communities and fit...

14 February 2023

From: Breaking News

The top 5 things to prepare for when selling your business

Atomic Consultancy, the specialist acquisition management business, believes that 2023 is likely to present significant opportunities for those looking to sell...

10 February 2023

From: Sponsored Content

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

Jeremy Hunt fires starting gun on next spring’s Budget

The next Budget, setting out government tax and spending plans, will be held on March 15 next year. Chancellor Jeremy Hunt says...

23 December 2022

From: Breaking News

Leading agent writes to Gove with ‘lay off the rental sector’ message

A prominent letting agent has written an open letter to Housing Secretary Michael Gove, calling for a halt on government attacks...

19 December 2022

From: Breaking News

Tax Grabs - might Tories lose support because of CGT penalties?

A second agency chief has warned the Conservatives of the possible electoral consequences of higher taxes aimed at the private rental...

21 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

Cut taxes and make them simpler! Agents’ plea to government

With only 48 hours to go before the Autumn Statement confirms stealth tax rises and massive public spending cuts, Propertymark has...

15 November 2022

From: Breaking News

HMRC’s Tax Threat to rentals slammed by agency chief

A holiday lettings agency has criticised the proposed rise in capital gains tax which may be introduced this week in the...

14 November 2022

From: Breaking News

Property stealth taxes to be major part of next week’s Budget

The Financial Times has an exclusive saying allowances on property taxes such as Capital Gains and Inheritance will be frozen -...

08 November 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

Another council hits Airbnbs and holiday homes with higher taxes

The owners of second homes in a key short lets and tourist hotspot are set to have to pay a premium...

29 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

Landlord numbers up despite taxes, new laws and red tape

Landlord numbers may have dropped in recent months but a longer term analysis shows the reverse. Total Landlord Insurance analysed the current...

12 September 2022

From: Breaking News

PropTech chief invests in ground-breaking private rental fund

A high profile PropTech entrepreneur is amongst a series of investors linked to a new fund, launched today, cashing in on...

01 September 2022

From: Breaking News

BBC reports on “unaffordable” rents for tenants under 30

A series of BBC reports over the weekend highlighted what the broadcaster calls “a brewing cost-of-living crisis:” triggered by high rents. Citing...

22 August 2022

From: Breaking News

Propertymark group lobbying politicians ahead of rental reforms

Propertymark has set up a working group of experts, agents, landlords and stakeholders in response to radical reforms to the private...

18 July 2022

From: Breaking News

Phil Spencer urges sales-only agencies to get into lettings

TV property expert Phil Spencer says the slowing sales market should spur sales-only agencies into the lettings field. He suggests that ongoing...

13 June 2022

From: Breaking News

Agents warn Boris Johnson: “Stop punishing the private rental sector”

A new survey is a warning the government that it must stop forcing landlords out of the private rental sector by...

07 June 2022

From: Breaking News

Activists want sweeping new taxes on some lettings properties

Activists are calling on the government to impose swingeing taxes on some lettings properties “to bring them back into the residential...

01 June 2022

From: Breaking News

Higher taxes on empty homes? OK with us, says Propertymark

Propertymark says it welcomes measures in the Levelling Up and Regeneration Bill that will mean swifter action to get the hundreds...

25 May 2022

From: Breaking News

Second Home Taxes - government releases more details

The government has released more details of the powers being given to local authorities to levy additional taxes on second homes.  The...

16 May 2022

From: Breaking News

Airbnb demands end to Section 21 and creation of landlord register

Airbnb, so often criticised for operating in the largely-unregulated short lets market, has called on the UK government to scrap Section...

22 April 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

Tax authority wants to hear agents' views on buy to let tax regime

Letting agents are being urged to respond to a consultation opening today from rhe independent Office for Tax Simplification.  The OTS has published an...

17 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

Airbnb lettings ‘racket’ condemned by prominent newspaper

One of the country’s best-read and respected regional newspapers has accused Airbnb of a ‘racket’ by advertising homes on its short-let...

25 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

Reform tax, Beef up rogues database - Agents demand radical rental reforms

ARLA Propertymark has launched a radical programme of reform for the private rental sector - getting in before the government’s own...

15 December 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

Airbnb glut slashes rental stock and leads to Housing Crisis - claim

A lack of longer term rental accommodation thanks to the growth of Airbnb and other short lets has led to a...

05 October 2021

From: Breaking News

Propertymark calls for return of lettings perks to meet rental demand

Propertymark has called for a return of mortgage interest relief and a review of landlord taxes to boost the rental sector. The...

15 September 2021

From: Breaking News

Tax Take: Petition for Sunak to close holiday lets tax loophole

A tenant who says his former rental property has been turned into an Airbnb has set up a petition demanding Chancellor...

06 August 2021

From: Breaking News

Wales to clamp down on holiday lets and additional homes

Wales’ Labour-led administration is to announce a three-pronged approach to affordability issues - and it looks likely to involve a clampdown...

06 July 2021

From: Breaking News

A record! Average UK rent over £1,000 pcm for first time

The average UK rent now stands at a record £1,007 per calendar month - the highest ever, according to HomeLet. It’s up...

05 July 2021

From: Breaking News

Strong capital appreciation deters landlords selling up, says agency

Buy to let investors are not cashing out of the private rental sector despite the restrictions and taxes imposed by government. Hamptons’...

13 April 2021

From: Breaking News

Government pledges to plug ‘rental tax gap’ for holiday lets

The government’s much-vaunted ‘tax day’ produced few challenges to the status quo - but holiday lets are under scrutiny. Currently the holiday let...

24 March 2021

From: Breaking News

Budget: Will it hurt or help the private rental sector?

A leading PropTech expert says the lettings industry hopes next week’s Budget will provide clarity on taxes - but he’s also...

23 February 2021

From: Breaking News

Sunak warned on property taxes - Don’t use us to pay Covid debts!

A prominent industry figure is warning Chancellor Rishi Sunak not to use property taxes to bail out the government over the costs...

19 February 2021

From: Breaking News

New EPC targets may stifle buy to let investment, says ARLA

ARLA Propertymark is warning the government that new energy efficiency targets for EPCs could stifle buy to let investment in future. In...

19 February 2021

From: Breaking News

Agents 'should guide landlords through blizzard of licensing rules'

Letting agents should help landlords through a blizzard of red tape and regulation cause by local licensing schemes, a PropTech entrepreneur...

10 February 2021

From: Breaking News

Future agency mergers and acquisitions could be hit by tax hike

A warning has been issued by one of the most acquisitive letting agencies that future mergers and takeovers could be hit...

14 December 2020

From: Breaking News

Huge licensing crackdown in 2021 gives agents a chance to shine - claim

A new assessment of legislation and council rules surrounding the private rental sector suggests a severe crackdown may be coming in...

02 December 2020

From: Breaking News

No more taxes: Agents warn government on CGT

ARLA Propertymark has issued a warning to government not to use Capital Gains Tax reform to further punish the private rental...

16 November 2020

From: Breaking News

Buy to let will now be an attractive safe haven, says market analyst

The director of the website Home says that investment in buy to let will look like a highly attractive safe haven...

17 April 2020

From: Breaking News

Budget “fails tenants” say trade groups - but at least no new rental taxes…

The Budget has failed tenants by doing nothing to increase the supply of private rental property according to two lettings sector...

12 March 2020

From: Breaking News

Told You So! Landlord numbers plummet according to agency's figures

Cynics who rejected claims that landlords would quit the buy to let sector because of increasing bureaucracy and higher taxes may...

17 February 2020

From: Breaking News

Agents tell government - scrap SDLT surcharge and reverse tax changes!

The Association of Residential Letting Agents has made an uncompromising set of demands on the government, asking it to implement a...

13 February 2020

From: Breaking News

Rents to rise in 2020 as supply contracts still further - ARLA

An overwhelming proportion of letting agents - 84 per cent - say rents will rise next year, well up on the...

23 December 2019

From: Breaking News

Tenants warned not to ignore ‘snooping’ HMRC letter about landlords

The Chartered Institute of Taxation is urging tenants not to ignore a letter if they receive one from HM Revenue &...

18 November 2019

From: Breaking News

Industry wants short-let controls, review of landlord tax and stamp duty eased

The Association of Residential Letting Agents and the National Association of Estate Agents have issued their manifesto for next month’s General...

05 November 2019

From: Breaking News

Are HMRC and Airbnb about to go to court over taxes?

The BBC is reporting that the short lets giant Airbnb has been contacted by HM Revenue & Customs about its tax...

23 October 2019

From: Breaking News

New attack on buy to let as think tank demands higher CGT

An influential think tank says Capital Gains Tax on buy to let properties and second homes should be levied at the...

11 September 2019

From: Breaking News

Surge in landlords declaring unpaid tax following HMRC crackdown

The number of landlords admitting to not paying tax has soared in the past year, according to new data. During 2018/2019, 16,110...

08 July 2019

From: Breaking News

'Pro-lettings sector' group may be set up by political party

A Liberal Democrat activist is considering establishing a landlords’ group consisting of party members. Tony Harris, writing on the LibDem Voice website,...

24 April 2019

From: Breaking News

New buy to let purchases to plummet as landlord taxes bite - forecast

There will be less buy to let remortgaging in future as landlords consolidate rather than expand their portfolios. The prediction comes from...

11 April 2019

From: Breaking News

Double whammy for buy to let as rents stagnate and taxes rise

Buy to let investors are facing a double whammy as stagnating rents and reduced tax relief are hitting profitability. A study from...

11 April 2019

From: Breaking News

Think buy to let taxes are bad? They're even worse in Scotland...

A leading accountancy firm has analysed buy to let taxation policies north and south of the border and claims that from...

29 March 2019

From: Breaking News

HMRC still on Buy To Let warpath, despite campaign flop - warning

There is a warning that the HMRC’s Let Property campaign, which received huge publicity and attention for some years, has so...

14 March 2019

From: Breaking News

Double Trouble: buy to let investors pay twice the tax of Tesco

Income tax paid by buy to let landlords now exceeds £3.8 billion annually – that’s more than double Tesco’s entire annual...

12 March 2019

From: Breaking News

Shock warning that quarter of landlords considering stopping using agents

More than a third of landlords are looking to cut their annual spending - and many of them are considering ending...

08 March 2019

From: Breaking News

Good news for Buy To Let as mortgage choice hits near-record high

Buy to let may have been in the doldrums in recent years thanks to new taxes and stricter regulations but there’s...

26 February 2019

From: Breaking News

Landlord hits out at agency's portrayal of buy to let tax clampdown

A leading landlord has hit out at a lettings agency’s portrayal of buy to let tax changes.  Rosalind Beck, a campaigning landlord...

01 February 2019

From: Breaking News

2018 lettings market in three words - taxes, laws, quitting

The Association of Residential Letting Agents has put together a brief summary of the 2018 rental market. In figures, the supply of...

04 December 2018

From: Breaking News

Tenants more likely to vote - is this why rental sector is under attack?

New research may explain why the government and Labour appear to be competing with each other to attack landlords and letting...

11 October 2018

From: Breaking News

Buy to let lender warns over Brexit's impact on housing market

OneSavings Bank, the parent organisation of specialist buy to let lender Kent Reliance, has given a warning on the possible impact...

29 August 2018

From: Breaking News

Short lets - look before you leap, top agent advises landlords

One of the country’s largest independent property management firms says it’s seeing a clear shift within the rental sector from traditional...

10 August 2018

From: Breaking News

Scrap the surcharge! Strong support for petition to repeal buy to let taxes

There has been strong support for an e-petition calling for the scrapping of the stamp duty surcharge on buy to let...

06 July 2018

From: Breaking News

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