Mansion tax has divisive effect
A fifth of the UK public (21%) don’t think it’s fair that people who own properties worth more than £2 million will now have to pay an extra new annual…
Stamp duty specialist recommends introducing reliefs to encourage investment
The government should introduce a new and better version of Multiple Dwellings Relief (MDR) if it wants to increase stamp duty receipts, according to stamp duty specialist SCA Tax. MDR…
Many fear rent hikes thanks to 2% Autumn Budget tax
Nearly nine in 10 Brits fear the Chancellor’s decision to increase tax on landlords will lead to higher rents, research by property lender Together shows. Rachel Reeves hit landlords with…
London the cheapest city for outdoor upgrades
London is the cheapest city in the UK for outdoor home improvements in 2026, based on gross disposable income, a study from global construction firm BOLEO has found. Londoners spend…
East Sussex development launches from Bellway
Work has started on a Bexhill-on-Sea development that will deliver 89 new homes. Bellway Southern Counties is developing 58 private properties, 27 affordable homes and four self-build plots. The ‘Highwoods…
Southend rogue landlords fined for failing to make repairs
Southend-on-Sea Council has prosecuted two landlords, both of which failed to act on formal repair notices. The first case involved Habibur Rahman, whose property had widespread damp and mould, fall…
Post-Budget bounce in property activity
Property consultancy Knight Frank has experienced a surge in sales activity after the Autumn Budget took place. The firm is observing renewed confidence among some buyers who had previously adopted…
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…