Housing market ‘gaining momentum’ despite fewer completions
More homes are coming to a market and a greater number of sales are being agreed, according to data from eXp UK. New listings climbed by 15.1% between the first…
Landlord outcry on National Insurance tax plans
Property investors and experts are concerned about Labour’s leaked idea to charge landlords national insurance contributions on their rental income. While details have yet to be announced, such contributions are…
‘Fresh landlord tax would result in corporate rental market’
Yet another tax on landlords in the form of National Insurance contributions would result in fewer smaller landlords and more corporate ownership. That is according to Nick Latimer, partner, private…
Think tank: Tax commercial banks to plug public finances
The Treasury should tax commercial banks to compensate for the effects of quantitative easing, according to think tank the Institute for Public Policy Research (IPPR). This would be reminiscent of…
Most landlords intend to expand portfolios
Over half (52%) of the nation’s property investors expect to purchase new properties in the next 12 months, despite upcoming regulatory changes, Landbay research shows. This marks an uptick in…
Government vows to strengthen bailiff recruitment
The HM Courts and Tribunals Service is looking to address delays in bailiff enforcement affecting landlords by strengthening bailiff recruitment and retention. That is according to minister of state for…
Stamp duty speculation to dampen down market
Talk of the Chancellor replacing stamp duty and taxing homes over £500,000 is likely to result in a slower market over the next few months, Zoopla has warned. Zoopla said:…
South coast has most unsold homes
Coastal areas in southern England have the most competition amongst sellers, meaning property buyers are well placed to haggle in those areas. Zoopla analysis said this particularly applies in Truro,…
Demand rising for seaside offices
Workers are leaving their city lives behind in favour of new lives by the coast during and after the Covid-19 pandemic, analysis of 300 locations from International Workplace Group has…
London prices inflated by properties owned by shell companies
Some 40% of properties owned by anonymous firms based in tax havens are in the UK capital, analysis from international NGO Global Witness has found. This has served to push…