Local Housing Allowance Freeze: Rising Rents and Decreased Affordability Deepen the Housing Crisis

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In the 2023 Autumn Statement, the government announced an end to a four-year freeze in local housing allowance rates (LHA) rates.

However, on the 30th October 2024 Rachel Reeves quietly froze them again, this has raised serious concerns for low-income renters across the UK.

View Full Article: Local Housing Allowance Freeze: Rising Rents and Decreased Affordability Deepen the Housing Crisis

Is the Government Destroying the UK’s Rental Market?

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Landlords across the UK are facing mounting challenges, from skyrocketing taxes to endless regulations, making it harder and harder to stay in the rental market. It feels as if the government has declared a war on landlords, and it’s not just landlords who are feeling the heat—tenants are being dragged into this crisis too.

View Full Article: Is the Government Destroying the UK’s Rental Market?

Nearly half of renters struggle with mould – survey

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The wet UK weather is exacerbating a growing problem – mould and damp in rental properties and a survey has found that 43% of renters have battled these issues.

The findings from Quotezone.co.uk also show that more than 65% of renters have encountered hazards in their homes –

View Full Article: Nearly half of renters struggle with mould – survey

Key Budget Insights for Property Investors

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As a property professional, you’re always on the lookout for effective ways to maximise your returns while minimising costs and taxes. Enter the SSAS pension – a game-changer in the property investment world. A Small Self-Administered Scheme (SSAS) is a company pension designed for small to medium-sized businesses.

View Full Article: Key Budget Insights for Property Investors

Scottish government proposes rent cap to ‘stabilise rents’

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The Scottish government has announced plans to cap rent increases in areas with rent controls, as part of its Housing (Scotland) Bill.

The proposed amendment would limit rent rises to the Consumer Price Index (CPI) plus 1%

View Full Article: Scottish government proposes rent cap to ‘stabilise rents’

No change to CGT, but four landlords say: we’re out!

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It’s been tense week this week as landlords waited patiently for Rachel Reeves’ Autumn Budget. As the countdown began to the Chancellor’s announcement, the biggest fear for landlords was a possible hike in Capital Gains Tax.

Yet to the utter relief of the entire landlord sector

View Full Article: No change to CGT, but four landlords say: we’re out!

Property industry reaction – Labour Budget 2024

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The Chancellor Rachel Reeves has announced a range of measures in the Budget including a stamp duty rise which looks set to hurt landlords.

In Labour’s first budget in 14 years, the Chancellor said Labour would bring back “economic stability”.

View Full Article: Property industry reaction – Labour Budget 2024

City council asks for views on reintroducing licensing scheme for PRS

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Salford City Council is seeking public opinion on whether to reintroduce a selective licensing scheme for private landlords in parts of Broughton and Kersal.

Selective licensing requires all landlords renting properties within a designated area to obtain a license from the council.

View Full Article: City council asks for views on reintroducing licensing scheme for PRS

Labour’s Budget: The Surprise Win for Property Investors!

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Labour’s Budget Shock: What Property Investors Must Know! In this groundbreaking video, Ranjan Bhattacharya unravels the first Labour budget in 14 years, offering expert insights and analysis crucial for property investors. Discover how these changes will affect your investment strategies and the property market.

View Full Article: Labour’s Budget: The Surprise Win for Property Investors!

Stamp Duty Scandal: Government Hikes Tax on Small Landlords While Corporate Giants Get a Free Pass!

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As the government raises the Stamp Duty Land Tax (SDLT) surcharge for small landlords to a staggering 5%, the system has become blatantly skewed in favour of corporate investors who pay drastically less. With corporate landlords able to purchase multiple properties under non-residential SDLT rates

View Full Article: Stamp Duty Scandal: Government Hikes Tax on Small Landlords While Corporate Giants Get a Free Pass!