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Liz Truss - Combine Section 24 Tax on landlords with rising interest rates and even before fuel issues you have a cost of living crisis?

There is a buzz about mortgage interest relief in the UK property market. For those who own property with no mortgage, this change will not make a difference to the way they manage their rentals. Landlords with mortgages to pay whose properties are in personal name...

Read    26/10/2022

New Smoke and Carbon Monoxide Alarms Rules 1st October 2022

New Smoke and Carbon Monoxide Alarms RulesThe UK government confirmed in November 2021 that smoke and carbon monoxide alarms would become mandatory for all registered social housing providers from October 1, 2022. The new rules update the Smoke and Carbon Monoxide Al...

Read    25/10/2022

What can you Expect In the Office Market Within the Square Mile

The collective efforts to make UK’s Square Mile the most inclusive, innovative, and sustainable business center in the world is an ongoing process. Going by the developments happening in and around this area, the efforts are showing some signs of bearing fruits. Thi...

Read    25/10/2022

UK Fairer Private Rented Sector White Paper Introduces New Reforms

The Department for Levelling Up, Housing and Communities published the fairer private rented sector White Paper. This White Paper forms and builds on the government's wider plans for leveling up. The government's 12-point plan of action detailed in the White Paper co...

Read    25/10/2022

The Possible Effects of Rising Interest Rates on the Property Market

The Monetary Policy Committee of the Bank of England raised interest rates by 0.5 percentage points to 2.25 percent to one percent on September 22, 2022. This is the highest interest rate since 2008. The high-interest rates are likely to have a huge impact on house p...

Read    25/10/2022

No Respite Visible For Property Owners As HMRC Continues To Rake In More Revenue From Inheritance Tax

HM Revenue and Customs (HMRC) rakes in a significant portion of its revenue from property taxes in the UK. Property tax is one of the most significant revenue streams for the UK government. Statistics for inheritance tax receipts for the period April 2022 to Septembe...

Read    25/10/2022

How the UK Housing Ministers Fared Over the Past Few Years Promise Vs. Performance

The transience of UK housing ministers continues with the resignation of Mr. Stuart Andrew just 148 days after taking office. Let us look at the country’s housing ministers for the past ten years and how they have performed.Mr. Stuart Andrew (148 days)ACHIEVED - Zilc...

Read    13/10/2022

What are Estate Charges on Housing Developments, And Why Do They Seem Unfair on Homeowners?

What are Estate Charges on Housing Developments, And Why Do They Seem Unfair to Homeowners?If you are planning to buy a new build house in the UK, you must know that if the Local Authority does not adopt all roads, verges, and any communal gardens there will be addit...

Read    10/10/2022

Agents Ultimate Guide to Next Month New Alarms Laws

The Smoke and Carbon Monoxide Alarm (Amendment) Regulations 2022 will be implemented from 1 October 2022.The new regulations require that carbon monoxide alarms be installed in private rented properties rooms with appliances such as gas and oil-fired boilers. They mu...

Read    27/09/2022

The Minimum Energy Efficiency Standard Changes 2023

The UK government has ambitious plans to reduce emissions to net zero by 2025. As a first step towards achieving this goal, the property sector will have to comply with a new set of rules on Energy Performance Certificates (EPCs) and Minimum Energy Efficiency Standar...

Read    27/09/2022

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