Latest Property News

UK

23rd November 2023 Government and Policy, Property News, UK

Propertymark urges Scottish government to end rent cap

Propertymark has appealed to the Scottish government to end the rent cap following Scottish Labour’s declaration of a housing emergency. The... Read more

23rd November 2023 Finance and Lending, Government and Policy, UK

Mortgage Guarantee Scheme extended for 18 months

The Mortgage Guarantee Scheme has been extended until the end of June 2025 in the Autumn Statement. The government-backed scheme facilitates 95%... Read more

22nd November 2023 Buy to Let, Finance and Lending, Government and Policy, Property News, UK

Industry lukewarm on ‘housing light’ Autumn Statement

While there were changes to planning reform, national insurance and housing benefit, Chancellor Jeremy Hunt’s Autumn Statement seems to have left... Read more

22nd November 2023 Government and Policy, Property News, UK

Any house to be convertible into two flats – Autumn Statement

The government will consult on a law allowing any house to be converted into two flats as long as the interior is respected, Chancellor Jeremy Hunt... Read more

22nd November 2023 Property News, UK

National Insurance cut in Autumn Statement

Jeremy Hunt has opted to cut the main employee National Insurance rate by 2%, from 12% to 10% from 6 January. The Chancellor said this will save... Read more

22nd November 2023 Government and Policy, Property News, UK

Housing benefit increase confirmed in Autumn Statement

The Local Housing Allowance will increase by 6.7% next year, Chancellor Jeremy Hunt announced in the Autumn Statement. Benefits have been frozen... Read more

22nd November 2023 Property News, UK

Inheritance tax receipts soar ahead of Autumn Statement

Inheritance tax receipts have increased by 38% since the pandemic, up by 17% in the last year alone, analysis by probate broker Final Duties has... Read more

22nd November 2023 Buy to Let, Property News, UK

Fewer landlords plan to upgrade EPC ratings after Sunak decision

A quarter (25%) of landlords will only upgrade the Energy Performance Certificate ratings of their properties if legislation requires it, Landbay’s... Read more

22nd November 2023 Property News, UK

Skegness, Leeds and Redruth – the three fastest growing areas

Properties in Skegness have seen the largest price growth in England, where prices have more than doubled (101%) in five years. The Lincolnshire... Read more

22nd November 2023 Property News, UK

20% of sellers being gazundered

A shocking one in five sellers get lowballed by their buyer after having previously accepted a higher offer, research by property purchasing... Read more

21st November 2023 Government and Policy, Property News, UK

Housing benefit change on the cards in Autumn Statement

Private renters could see housing benefits increased in this week’s Autumn Statement, i reports. It’s understood that Chancellor Jeremy Hunt... Read more

21st November 2023 London, Property News, UK

London sees largest increase in rental affordability

While London remains the least affordable city for renters, the capital has seen the largest improvement in rental market affordability over the past... Read more

21st November 2023 Buy to Let, Property News, UK

Government’s leasehold reform plans could increase property prices

If the government abolishes leasehold marriage values the cost of short leasehold stock could increase by 9.9%, according to a study from Bayes... Read more

20th November 2023 Buy to Let, Property News, UK

PayProp: Time to incentivise landlords to sell to one another

The Chancellor should encourage investors to sell to other landlords using a Capital Gains Tax incentive in the upcoming Autumn Statement, Neil... Read more