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How to Mitigate Inheritance Tax Liability as a Landlord?

Death duties can cripple families, as Inheritance Tax can be thousands of pounds. It is clear from recent HMRC figures showing a whopping 4.1bn in IHT receipts for the April to October 2022 period. The figure implies that the government pocketed 500m more than the pr...

Read    10/01/2023

Leaseholders in Unsafe and Unsellable Homes to Benefit from Cladding Fixes Pilot Scheme

Several flats in the UK became unsafe or unsellable following the cladding scandal, causing the death of 72 people in the Grenfell House fire. The recent unveiling of a pilot scheme comes as a breather for many flat-owners struggling with cladding issues as their hom...

Read    10/01/2023

New Registration Obligations for Non-UK Entities with Interests in UK Properties

The deadline for foreign investors owning UK properties to register with Companies House is fast approaching. The Register of Overseas Entities, established under the Economic Crime (Transparency and Enforcement) Act 2022, requires all non-UK entities to declare bene...

Read    10/01/2023

Renting Homes (Wales) Act - How will it Impact Landlords?

A revolutionary housing law aiming to change the paradigm of the private rental sector came into force in Wales on December 1, 2022. The Renting Homes (Wales) Act 2016 will significantly enhance the parameters of renting, managing, and living in rental homes in Wales...

Read    10/01/2023

First-Time Home Buyers in the UK Put Their Plans on Hold As Cost-of-Living Crisis Worsens In the UK

The UK’s cost-of-living crisis is forcing many first-time home buyers to put their plans on hold. Rising property prices, soaring mortgage costs, and economic uncertainty have created a perfect storm, making homeownership increasingly unattainable. A recent survey by...

Read    10/01/2023

Housing: Permitted Development Rights Extended

In 2013, the UK government introduced Permitted Development Rights (PDR) as a temporary measure to boost housing supply. By allowing office buildings to be converted into residential units without full planning permission, the government aimed to address the housing ...

Read    05/01/2023

UK Government Initiates Landlord Clampdown, Announces Measures to Protect Tenants

The tragic death of Awaab Ishak from exposure to spores in the family’s rented flat in the UK has stirred up a huge controversy. The Awaab family says they had repeatedly raised the mould problem with the property owners, Rochdale Boroughwide Housing (RBH), but that ...

Read    05/01/2023

New UK Figures Reveal A Surge In The Number of Empty Homes and Holiday Homes

The UK housing crisis is worsening, with government figures revealing a 20,000 increase in long-term empty homes, now totaling 257,331. These homes have been vacant for over six months, exacerbating a decade-long crisis. Nearly 100,000 families are stuck in temporary...

Read    05/01/2023

Simple Tips That Landlords and Agents Can Use To Help Tenants Deal With The UK Energy Crisis

An energy crisis is sweeping worldwide, and the UK is one of the most affected countries. There are multiple reasons for its current state as far as the energy crisis is concerned.It is assumed that around 85 percent of homes in the UK use gas boilers to keep their h...

Read    05/01/2023

UK Chancellor Plans an Ambitious Target for Reducing Building Energy Demand

The UK Chancellor Jeremy Hunt has announced that the country is committed to reducing energy consumption from buildings and industries by a significant measure. By the end of the decade, the Chancellor is eyeing a reduction of energy consumption by 15 percent of the...

Read    05/01/2023

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