UK mortgage approvals rose slightly in July, with new figures from the Bank of England showing 65,400 approvals compared with 64,600 in June. This modest increase of around
Mortgage Approvals Rise on Interest Rate Cut Hopes
Rayner Faces £40k Stamp Duty Avoidance Claim
Nikka Sulton
The Daily Telegraph has reported that Housing Secretary and Deputy Prime Minister Angela Rayner has avoided paying £40,000 in stamp duty on her new seaside flat. The newspaper
Reeves Considers NI Tax on Landlord Rents
Nikka Sulton
Chancellor Rachel Reeves is reportedly weighing up a potential tax rise for UK landlords in the upcoming Autumn Budget, as she looks for ways to address a £40bn
Reeves Faces Warning Over Landlord Tax Plans
Nikka Sulton
Property specialists are raising concerns that additional taxes on landlords’ rental income could have serious knock-on effects for both the rental sector and the wider housing market. Reports
HSBC Lowers Rates as Rivals Raise Mortgages
Nikka Sulton
Several leading lenders have taken different approaches this week, with HSBC introducing the lowest five-year fixed mortgage currently available, while some competitors have opted to raise their rates.
Politicians Demand Urgent Rent Controls
Nikka Sulton
Green Party representatives in the Scottish Parliament are calling for urgent action to tackle rising rents. They are urging politicians from across the political spectrum to support their
London Council Takes Over 18 Landlord Homes
Nikka Sulton
A London council has stepped in to take control of 18 rental homes after the landlord repeatedly failed to meet safety and licensing requirements. Officials say this represents
Landlords Hit by Long Court Delays
Nikka Sulton
Landlords are currently experiencing the longest delays in gaining possession of their properties in more than two years, based on new figures released by the Ministry of Justice.
Final Stage Date Set for Renters Rights Bill
Nikka Sulton
The government has now confirmed the date for the final stage of the Renters Rights Bill to be debated by MPs. This key stage will take place on
Labour to Keep Stamp Duty Surcharge for Landlords
Nikka Sulton
Labour’s latest property tax proposals are stirring concern among landlords, with reports suggesting they could end up shouldering additional costs while continuing to face the existing stamp duty