Experts question why Angela Rayner avoided stamp duty penalty
The recent stamp duty controversy involving Angela Rayner has raised significant questions among property and tax experts about why she avoided a financial penalty despite underpaying stamp duty on a property purchase. The case highlights concerns over the consistency of HMRC’s penalty enforcement, especially in comparison to the treatment of ordinary taxpayers. Background to the […]
Experts question why Angela Rayner avoided stamp duty penalty
The recent controversy surrounding Angela Rayner’s stamp duty payments has raised significant questions among property experts about how she avoided a financial penalty despite underpaying the tax on a seaside flat. This case highlights concerns over the consistency of HMRC’s enforcement and the standards applied to politicians compared with the general public. Background to the […]
Landlords win as selective licensing rules are amended
A recent ruling in Charnwood borough has resulted in the amendment of selective licensing conditions that were previously deemed unreasonable by landlords and letting agents. AST Lettings Ltd successfully challenged the council’s original licensing scheme, leading to significant changes that affect over 1,000 landlords in the area. Challenging Overreach in Licensing Conditions Charnwood borough council […]
Landlords win as selective licensing rules are amended
Landlords in Charnwood borough have secured a significant win after AST Lettings Ltd successfully challenged selective licensing conditions deemed unreasonable by the local council. The First-tier Tribunal ruling has led to amended licensing requirements and the reissuing of licences to over 1,000 landlords. Tribunal challenge overturns excessive licensing conditions AST Lettings Ltd brought a case […]
Landlords get new buy to let mortgage rate cuts
UK landlords seeking to refinance their buy-to-let mortgages have new options following recent rate cuts and product launches by three lenders. These changes offer some relief amid rising borrowing costs, providing more competitive rates and flexible terms across various mortgage products. Leeds Building Society reduces buy-to-let rates Leeds Building Society has lowered rates across its […]
Landlords get new buy to let mortgage rate cuts
UK landlords seeking to refinance their buy to let mortgages have been presented with new options as three lenders announce rate reductions and product launches. These changes come amid ongoing concerns about affordability and the need for greater flexibility in the buy to let market. Leeds Building Society cuts buy to let rates Leeds Building […]
A direct comparison between leasehold and commonhold
Commonhold offers an alternative to the traditional leasehold system, yet despite being introduced in 2002, it remains rare in England and Wales. With only around 20 commonhold buildings currently in existence, the government is now aiming to promote commonhold as the preferred tenure, signalling a significant shift in property ownership frameworks. Understanding Leasehold and Commonhold […]
A direct comparison between leasehold and commonhold
Commonhold offers an alternative to the traditional leasehold system for property ownership in England and Wales, yet it remains largely underused despite being introduced in 2002. With only around 20 commonhold buildings currently in existence, the government aims to promote commonhold as the preferred tenure through upcoming reforms, although leasehold remains the dominant model today. […]
Collapsed house moves cost the UK £2bn
Failed house moves are costing the UK economy nearly £2 billion annually, according to recent research. With over half of property transactions collapsing after an offer has been accepted, the current home-buying process is proving costly and stressful for buyers, sellers, and the wider market. High rate of collapsed transactions Research from the Open Property […]
London lettings demand and supply rise
London’s lettings market has entered the new Renters’ Rights Act era with a notable rise in both supply and tenant demand, according to the latest data from Foxtons. Despite the legislative changes, the market shows resilience with steady rents and increased activity as spring progresses. Supply and Demand Trends in London Foxtons’ Lettings Market Index […]
TLA - The Landlord Association