Mar
22

Litigant in person online court portal

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After a smooth successful pilot project, the LIP (litigant in person) portal is set to go to public beta mode as soon as next Monday 26th March This will mean that the service will be available to all litigants in person to use.

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Mar
22

Charter for rent cheats

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PLANS to cap security deposits for private rented housing to six weeks rent risk creating a charter for rent cheats warns the country’s leading landlord body.

Research by the Residential Landlords Association’s (RLA) has found that 40% of private landlords have faced tenants not paying their final month’s rent in the past three years.

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Mar
22

HMRC and s24 advice – How lazy can you get?

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The financial year end is almost upon us so I phoned HMRC and asked the question in claiming interest do I do the calculation myself – input 75% of my interest paid or do I input all the interest I have paid and their system will do the calculation.

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Mar
22

Latest UK House Price Index shows annual increase of 4.9 per cent

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House Prices:

The UK House Price Index (UK HPI) published 20th March shows that house price changes for England, Scotland, Wales and Northern Ireland are down since December 2017, but the annual rise (year-to-date) is positive at 4.9 per cent.

The January 2018 data shows:

  • an annual price rise of 4.9%, which makes the average property in the UK valued at £225,621
  • on average, house prices have fallen by 0.3% since December 2017

Data for England alone shows:

  • house prices have fallen by 0.5% since December 2017
  • an annual price rise of 4.6% takes the average property value to £242,286

The regional data for England indicates that:

  • the South West experienced the greatest monthly price rise, up by 1.4%
  • the North East saw the most significant monthly price fall, down by 5.5% and
  • London experienced a monthly price rise, up by 1%

The chart below (Source: HM Land Registry) gives a region by region breakdown of average house prices (January 2018) and price changes since December 2017:

UK House Price Changes

Repossession Sales in England 

Figures for repossession sales by volume for England show the lowest number of repossession sales in November 2017 was in the East of England, with the highest number of repossession sales occurring in November 2017 was in the North West.

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