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Hunt reveals U-turn on all the mini-budget policies - except stamp duty

Hunt reveals U-turn on all the mini-budget policies - except stamp duty

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Chancellor Jeremy Hunt has announced that the government will reverse almost all the tax measures announced in its recent growth plan. While it will still go ahead with cutting stamp duty, a planned 1p cut to the basic rate of income tax will now be shelved indefinitely� wh

Minister says Renters Reform Bill WILL be introduced 'during this parliament'

Minister says Renters Reform Bill WILL be introduced 'during this parliament'

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The Renters Reform Bill will be introduced during the current parliamentary session, the Secretary of State for Levelling Up, Housing and Communities has told MPs. <figure id="" class="w-richtext-figure-type- " data-rt-type="" data-rt-align=""><div><img src="https://uploads-ssl.webflow.c

Arrests made by HMRC in tax repayment frauds

Arrests made by HMRC in tax repayment frauds

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This case highlights the dangers of responding to emails (phishing schemes) and social media appeals promising tax rebates and otherwise ways of receiving large pay outs in return for information. Four men were arrested in a coordinated operation across England by over 50 office

New Chancellor is a landlord, but can he sort out the mess left by Kwasi?

New Chancellor is a landlord, but can he sort out the mess left by Kwasi?

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The new Chancellor and former Health Secretary Jeremy Hunt has been tasked with sorting out the Kwamiikaze mini budget introduced by his predecessor, who holds the dubious gong of having the 2nd shortest tenure in the job ever. Hunt, who has made two weak

NEW: Shocking lack of rental supply now dogging the 'spare room' market too

NEW: Shocking lack of rental supply now dogging the 'spare room' market too

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Demand for shared rooms is at an all-time high, while supply has hit a nine-year low, according to flat share site SpareRoom. The shocking figures have also led to average monthly room rents reaching record highs and increasing across every UK region in Q3 2022; Scotland is up 2

LATEST: 'Landlords quitting Airbnb short-lets as strict Scots rules kick in'

LATEST: 'Landlords quitting Airbnb short-lets as strict Scots rules kick in'

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AirBnb owners are switching to long term lettings following changes to Scotlands short-term lets laws, according to a leading property firm. In a reverse of the recent trend thats seen scores of landlords ditch tenancies for holiday lets, DJ Alexander says it has been appr

Council tax re‑banding of HMOs ‘a huge blow for tenants’

Council tax re‑banding of HMOs ‘a huge blow for tenants’

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Council tax re‑banding HMOs sparks fury—MP warns Truss-era reclassification in 50+ towns deals tenants a blow.

Truss reveals banning Section 21 evictions WILL go ahead despite yesterday's leak

Truss reveals banning Section 21 evictions WILL go ahead despite yesterday's leak

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The Prime Minister has scotched rumours yesterday that she intends to U-turn on the previous Conservative governments commitment to get rid of Section 21 no-fault evictions. During a packed Prime Ministers Questions in the Commons this morning, she confirmed in a ter

Lloyds Bank provides �180mn for buy-to-let lender

Lloyds Bank provides �180mn for buy-to-let lender

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Lloyds bank has entered into a �180million financial partnership with specialist buy-to-let lender, LendInvest PLC. The lenders partnership with the leading high street retail bank will be a boost to the innovative lenders business, helping the AIM listed company grow its buy-to-let

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Elderly landlord to pay £23,000 after tenant's complaint

Elderly landlord to pay £23,000 after tenant's complaint

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A rogue landlord has been ordered to pay more than £23,000 after letting out a dilapidated and dangerous house to a family in Camber.

'Labour's plan to devolve power will see rent controls by back door'

'Labour's plan to devolve power will see rent controls by back door'

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Labour could introduce rent controls via the back door by devolving power to regional and city mayors, a property expert warns.

UK's largest renting trade bodies warn political parties

UK's largest renting trade bodies warn political parties

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Two of the UK’s biggest trade organisation representing the private rental sector have revealed their concerns over the big political parties’ electoral promises to crack down against landlords.

Major housebuilder switches to renting, not selling homes

Major housebuilder switches to renting, not selling homes

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Housebuilder Berkeley has announced its ambition to become a big player in the build-to-rent market amid sluggish demand from buyers.

Rent controls do not work and never will, expert warns Labour

Rent controls do not work and never will, expert warns Labour

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Rent controls are a potential bombshell in Labour’s manifesto that could have unintended consequences, according to one property expert.

8 essential things for prospective landlords to consider before purchasing a buy-to-let

8 essential things for prospective landlords to consider before purchasing a buy-to-let

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It's essential to ensure that property is the right investment vehicle for you and to choose a property and type of let that aligns with your financial objectives.

Three steps to auction finance success

Three steps to auction finance success

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Three essential steps to secure auction finance successfully—navigate bidding, funding, and acquisition with confidence.

NEW: Labour launches broadside against bad landlords and 'vested interests'

NEW: Labour launches broadside against bad landlords and 'vested interests'

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Labour has launched a broadside against bad landlords as it adds more flesh to its manifesto bone in a bid to win the ‘renter vote’.

Scots and English Labour disagree publicly over rent controls

Scots and English Labour disagree publicly over rent controls

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Scottish Labour have promised that their new MPs will push for rent controls, despite the national party coming out against them.

Labour MP reiterates calls for a short-lets registration scheme

Labour MP reiterates calls for a short-lets registration scheme

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A Labour MP has reiterated calls in the House of Commons this week for a short-lets registration scheme.

Tenants prefer speedier repairs over more regulations

Tenants prefer speedier repairs over more regulations

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LRG survey finds tenants prioritise faster repairs over new rental regulations.

Rental stock stagnant for nine years, landlord types shift

Rental stock stagnant for nine years, landlord types shift

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UK rental stock stagnant at 5.5M since 2016; small landlords exit, while larger, mortgage-free investors dominate, shifting market dynamics.

Landlords need time to adjust to renters’ rights bill

Landlords need time to adjust to renters’ rights bill

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Landlords must be given time to adjust to changes introduced by the Renters' Rights Bill.

Rent hike restrictions lead to tenant challenges

Rent hike restrictions lead to tenant challenges

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Temporary restrictions on rent increases in the Scottish private rented sector have led to a more than eightfold increase in renters challenging rent hikes.

NI landlords face hefty fines over new electricity laws

NI landlords face hefty fines over new electricity laws

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Landlords in Northern Ireland face large fines if they don’t comply with electrical safety rules introduced this week.

Trickle vents combat damp in rental properties

Trickle vents combat damp in rental properties

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Tom Entwistle reflects on the Spring Statement which he says was not so much an emergency budget, more an update on the state of the economy with a few tweaks.

Boost in BTL data reflects activity of larger wealthier landlords

Boost in BTL data reflects activity of larger wealthier landlords

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BTL data surge reveals wealthier, larger landlords expanding portfolios amid market recovery.

Average rents in England rise for the third month in a row to £1,213 in March

Average rents in England rise for the third month in a row to £1,213 in March

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The average price of a rental property in England rose for the third month in a row to £1,213 in March, it has been revealed.

London properties offered at historic discounts

London properties offered at historic discounts

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Investors can snap up prime central London properties at historic discounts equivalent to those seen in the early 1990s, according to new research by Savills.

Half of renters lack contents insurance, Monzo claims

Half of renters lack contents insurance, Monzo claims

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Half of private renters either don’t have contents insurance or don’t know what it is, leaving them financially vulnerable to theft, damage, or loss.

Only 2.5% of rented homes affordable for benefit tenants

Only 2.5% of rented homes affordable for benefit tenants

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Only 2.5 % of rented homes in England are affordable for tenants on housing benefit, reveals housing crisis report.

Billionaire landlord ordered to repay £263K for unlicensed HMOs

Billionaire landlord ordered to repay £263K for unlicensed HMOs

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A billionaire landlord has been ordered to repay tenants £263,555 for operating two East London buildings as unlicensed HMOs.

House price growth steady despite stamp duty changes

House price growth steady despite stamp duty changes

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House price growth remained steady last month, but is expected to soften in the coming months as the stamp duty holiday comes to an end.

Third of landlords plan to sell in next year, says Landbay

Third of landlords plan to sell in next year, says Landbay

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More than a third of landlords plan to offload some of their rental properties in the next 12 months, according to a new survey.

Avoid repeat of rent restrictions, urges Scottish lawmakers

Avoid repeat of rent restrictions, urges Scottish lawmakers

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Letting agents have urged Scottish lawmakers not to repeat the mistake of restricting rents that has ultimately increased costs for tenants.

Scotland raises £13M/week in property tax revenue

Scotland raises £13M/week in property tax revenue

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Almost £13million a week was raised in property taxes for the Scottish Government, new analysis has revealed.

Student rents may surge due to renters’ rights bill

Student rents may surge due to renters’ rights bill

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Landlords warn that the Renters' Rights Bill could drive student rents higher.

Landlords could face CGT hike if economy dips, IFS warns

Landlords could face CGT hike if economy dips, IFS warns

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Landlords could face a hike in Capital Gains Tax (CGT) if the economy dips before the Autumn Budget, the Institute of Fiscal Studies (IFS) has warned.

The Making Tax Digital net is closing on landlords

The Making Tax Digital net is closing on landlords

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Making Tax Digital rules expand—what landlords need to know before mandatory compliance arrives.

With the RRB on the horizon, is it better to manage your rental yourself or hire an agent?

With the RRB on the horizon, is it better to manage your rental yourself or hire an agent?

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A letting agent ensures compliance with the Renters' Rights Bill and simplifies property management.

Choice of BTL mortgage deals hits record high

Choice of BTL mortgage deals hits record high

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Landlords searching for a new deal will find the choice of buy-to-let mortgages has hit a record high, with 3,860 products available.

Spring statement fails to address rental crisis, NRLA says

Spring statement fails to address rental crisis, NRLA says

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NRLA says Spring Statement failed to address the escalating UK rental crisis.

Landlords see profits soar from downsizing “loophole”

Landlords see profits soar from downsizing “loophole”

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Landlords are profiting by selling before the Renters' Rights Bill, then reinvesting in post-Bill bargains.

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

Landlords are being brought "into line” - but more needs to be done to tackle PRS pressures, suggests Labour MP

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The Government has started to “bring landlords into line”, but more needs to be done to tackle the pressures in the private rented sector, a Labour MP has suggested.