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Property Firm Investigation: Fraud Office Arrests Four After Signature Group...
The UK’s Serious Fraud Office (SFO) has initiated an extensive investigation into the collapse of the Signature Group, a Liverpool-based property company, resulting in significant financial losses for...
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HMRC’s Tax Digital Plan to Impose Extra Costs on Landlords
In a recent disclosure, HM Revenue and Customs (HMRC) acknowledged the financial and time burdens the new Making Tax Digital (MTD) initiative is poised to place on landlords. Under this scheme,...
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NRLA Suggests Tax Reforms to Mitigate Airbnb Disruption
The National Residential Landlords Association (NRLA) has proposed that revising the tax system for buy-to-let landlords could significantly alleviate the pressures caused by the proliferation of...
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Build to Rent Dominates London’s Rental Market with Highest Market Share
Foxtons, London’s leading estate agency, has unveiled groundbreaking insights into the Build to Rent sector, highlighting its remarkable ascent to nearly 2% of the entire UK’s private rental market,...
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Sharp Increase in Rent Arrears Reflect Mounting Financial Pressures on Tenants
Newly released data from Reposit, an FCA-regulated deposit alternative firm, has unveiled a sharp increase in rent arrears during the last quarter of the previous year, highlight tenant financial...
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Buy-to-Let Mortgage Rates Hit Two-Year Low
In a significant development for the buy-to-let sector, fixed mortgage rates have descended to their lowest level since September 2022, as reported by Moneyfactscompare.co.uk. This trend marks a moment...
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Rightmove Calls for Stamp Duty Reform to Boost Housing Market
Rightmove has called on Chancellor Jeremy Hunt to implement stamp duty reform in the upcoming spring Budget, proposing measures aimed at revitalizing the housing market. The property portal has...
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Landlord Legal Expert Intensifies Critism of Gove’s Stance on Buy-to-Let Sector
Gina Peters, Head of Landlord & Tenant at Dutton Gregory Solicitors, has intensified her critique of Housing Secretary Michael Gove’s policies towards the buy-to-let sector and private landlords....
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Zoopla Reports Surge in Property Sales Despite Dip in House Prices Across the UK
UK housing market has witnessed a surge in property sales despite a modest downturn in house prices, according to the latest findings by Zoopla. The property portal has observed a 0.5% decrease in...
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Estate Agents Optimistic About House Prices and Market Prospects in 2024
A recent survey conducted by estate agent comparison site GetAgent.co.uk has revealed a positive outlook among UK estate agents for the year ahead, with over half expressing confidence in the market’s...
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Welsh House Prices Dip, Yet Certain Road Names Fetch Premiums
Recent analysis by Home Sale Pack, a platform specialising in upfront property information, reveals a mixed bag for the Welsh housing market this St. David’s Day. While only five out of 22 Welsh...
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Conservative Party Axes 99% Mortgage Plan, Averting Financial Strain for...
The Conservative party has decisively abandoned its proposed 99% mortgage scheme, previously earmarked for unveiling in the upcoming Spring Budget. This move, as detailed by Yopa, a leading...
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Landlords on Edge as Chancellor Plans £300m Tax Increase on Private Rented...
The property industry is voicing significant concerns following revelations that Chancellor Jeremy Hunt is considering a substantial tax levy on the private rented sector in the forthcoming Budget...
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Scottish Rental Market Sees Drastic Reduction in Properties, Industry Chief...
John Blackwood, Chief Executive of the Scottish Association of Landlords (SAL), has raised the alarm over the diminishing number of rental properties in Scotland, attributing the decline to what he...
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NRLA Calls for Urgent Reform of Housing Benefit System
The National Residential Landlords Association (NRLA) has highlighted a critical issue affecting nearly a million private rental households in Britain that rely on Universal Credit, revealing a...
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Spring Budget Urged to Provide Lifeline for Renters as Costs Spiral
As the Spring Budget draws near, housing experts are pressing Chancellor Jeremy Hunt to prioritise the needs of UK renters, amidst growing concerns over escalating rent-to-income ratios. New insights...
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Chancellor’s Spring Budget Announced: Mixed Reactions from Property Sector
The Chancellor has unveiled the Spring Budget, introducing several measures including a fuel duty freeze, funding for new homes in Barking Riverside and Canary Wharf, the introduction of a British ISA,...
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House Prices Continue Upward Trend, Sparking Optimism and Concern
UK house prices have seen a modest increase of 0.4% in February, marking the fifth consecutive month of growth, according to the Halifax house price index for February. With the average house now...
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Government Encourages Landlords to Exit Market with CGT Reduction
The Government has signalled a clear intent for private landlords to sell off their properties and exit the housing market, according to insights from Jeremy Hunt’s Spring Statement briefing document....
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Generation Rent Criticises Budget as Landlord “Giveaway” with Potential...
In a stark contrast to the wider public reception, Generation Rent has labelled the recent Budget announcements as a boon for landlords, potentially endangering the housing security of thousands of...
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