OBR: Property taxes to infringe on house price growth
Higher taxes on rental income will cut house price growth according to Office for Budget Responsibility (OBR) – though growth is only predicted to take a 0.1% hit per year.…
Accidental landlords most affected by Budget tax hike
Accidental landlords will be among those most impacted by Chancellor Rachel Reeves’ Budget speech. That is according to David Adams, managing director of leading Cheshire and North Wales estate and…
Commentators relieved Autumn Budget is over
Property professionals are reassured that the Autumn Budget has given the industry some certainty – by not making any seismic changes. The budget saw the planned introduction of a ‘council…
Knight Frank on the Mansion Tax and upward rental pressure
Tom Bill, head of UK residential research at Knight Frank A new tax on homes worth more than £2 million was announced, but there are questions over how much it…
Garage conversions grow in popularity
A rising number of people are looking to transform their garages into functional living spaces, according to garage conversion firm Pro Assist Property Services. The firm suggested people are opting…
Webinar on Renters’ Rights Act and Budget taking place
A special briefing on the Renters’ Rights Act is being held on Monday May 1 online by an agent and chartered accountant in Oxfordshire. Brendan Kay, managing director of estate…
County Durham development unveiled – PropertyWire
Plans for a new housing development that will deliver 79 homes in Pelton while increasing biodiversity by at least 10% have been approved by councillors. Housebuilder Bellway is set to…
Brits consider fleeing to Dubai in wake of Autumn Budget
Brits are increasingly dreaming of leaving for Dubai after the Autumn Budget 2025, indicating that some are thinking of leaving the UK in response to the new tax landscape. Research…
Heat pump adoption well behind long-term target
Only 5% of the government’s air source heat pump installation target is being met in England and Wales under the Boiler Upgrade Scheme (BUS), data analysed by Hewer Facilities Management…
Global investors call for faster base rate cuts to boost UK’s appeal
The majority (60%) of global institutional investors think the UK risks losing ground internationally without faster base rate cuts. Further Bank of England base rate cuts could boost consumer spending,…