Category: Property

The end of staircase tax

Property, Economy, Tax

Government officially axes unpopular staircase tax Thousands of small business owners in England will be pleased to know that the widely unpopular “staircase tax” has finally met its end. As of yesterday, 1 November, thousands of companies in England are able to ask for rebates to their business rates...

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Property market performing better than expected

Property

UBS has said that fears that commercial property transactions in the UK would slump following the EU referendum vote in 2016 seem not to have played out, with the market performing “better than expected”, as occupiers and investors took a more “realistic” view on Brexit risks. However, analysts at...

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20% of landlords set to sell up

Property, Economy

Newly released research from the National Landlords Association has flagged potentially the biggest change to the private rental sector in a decade.  The study shows that 20% of landlords plan to sell up due to government and Prudential Regulatory Authority changes.  Newly released research from the National Landlords Association...

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Government begins reversal of ‘staircase tax’

Property, Economy, Tax

The Government has begun the process of reversing the so-called ‘staircase tax’ in order to ease the burden on business owners. Communities Secretary Sajid Javid will today publish draft legislation to reverse the tax, which is expected to benefit up to a thousand firms. Companies which occupied more than...

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Housing market lull ‘spreads from London’

Finance, Property

A slowdown in the housing market is spreading from London to other parts of the South East of England, surveyors suggest. While the region is pulling down activity and average price growth in the UK, other areas saw price rises. The Royal Institution of Chartered Surveyors (Rics) said Northern...

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Changes coming soon for Buy-to-let investors

Investment, Property

Buy-to-let (BTL) investors need to be aware that closer scrutiny will be applied to new purchases and capital raising from 30 September 2017. Want to find our more about the latest PRA changes? Read our guide HERE. The changes, which are being implemented by the Prudential Regulation Authority (PRA), include...

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