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KEYWORD "Chancellor" - 100 RESULTS
Tax fears may drive landlords to sell this autumn, says agent

A regional agent says the fear of further taxes on the private rental sector may lead to a spurt of landlords...

20 August 2024

From: Breaking News

Finance chief says rent controls ‘not the answer to lettings crisis’

Kate Davies, executive director of the Intermediary Mortgage Lenders Association (IMLA), says rent controls are not the magic answer to problems...

12 August 2024

From: Breaking News

Tories’ Section 24 tax change leaves some “with precarious finances”

A report from Propertymark has laid out the stark and in some cases unforeseen consequence of the Conservative government’s phased removal...

05 August 2024

From: Breaking News

Capital Gains Tax revenue up as buy to let investors quit

New figures published by HMRC show a 7% rise in Capital Gains Tax liabilities on the sale of residential property in...

05 August 2024

From: Breaking News

Ending S21 is fine says leading agent - but safeguards needed

The government’s renewed pledge to end Section 21 eviction powers for agents and landlords is fine, a leading industry figure has...

18 July 2024

From: Breaking News

Labour housebuilding targets should be copied, lettings chief demands

Scotland needs to match Labour’s English housebuilding target to tackle the country’s housing emergency according to a high profile lettings agency...

12 July 2024

From: Breaking News

RICS urges Labour to do more on housing

The Royal Institution of Chartered Surveyors says it welcomes the new Labour government’s ambitious housing plans - but it also casts...

10 July 2024

From: Breaking News

Propertymark lukewarm on Labour housing reforms

Propertymark has struck a lukewarm tone in its response to Labour’s housing ambitions. The trade body says that to meet its manifesto...

10 July 2024

From: Breaking News

Labour “serious about change” and “grasping the nettle” - top agent

Labour’s proposed planning reforms indicates that the new government is serious about change and grasping the nettle on housebuilding. That’s the view...

09 July 2024

From: Breaking News

New Housing Secretary named by Sir Kier Starmer

Angela Rayner has been appointed Levelling Up Secretary with responsibility for housing - a role she has in addition to being...

05 July 2024

From: Breaking News

Labour Housing Plans hitting the ground running after Thursday

If Labour wins Thursday’s General Election. expect three major housing announcements within a fortnight. That’s the exclusive claim from the Sunday Times...

02 July 2024

From: Breaking News

Jitters: Reform Bill failure and July Election hit lettings market

Knight Frank is suggesting that a growing degree of uncertainty is hitting the rental market, particularly the high-end sector in the...

12 June 2024

From: Breaking News

Rental Tax Change - Short Lets sector warned of possible losses

An accountancy firm is warning those using Airbnb and similar short let platforms that new tax rules mean they could lose...

10 June 2024

From: Breaking News

Stamp Duty Challenge - Tories pledge 'no change' but will Labour follow?

The housing market has suddenly become a major part of the General Election campaign as a result of a challenge thrown...

07 June 2024

From: Breaking News

Stamp Duty Change from Tomorrow - reminder to agents

As a result of an announcement back in March, in the government’s final Budget, a major change to stamp duty comes into...

31 May 2024

From: Breaking News

Vote Labour, says high profile lettings industry figure

The chief executive of Goodlord, the prominent PropTech supplier to the lettings sector, has been revealed as one of the 121...

29 May 2024

From: Breaking News

Warning To Labour - Rent Controls Just Won’t Work

If Labour plans to bring in rent controls they won’t work, a property association has warned.  The National Association of Property Buyers...

24 May 2024

From: Breaking News

Propertymark wants Labour to come clean on rent controls

Propertymark wants Labour to come clean on its rent control policy, as the party repeatedly flip-flops on the issue. The agents’ body...

22 May 2024

From: Breaking News

Interest rate cuts this year, suggests IMF - but it isn’t all rosy…

The International Monetary Fund has suggested that the British economy could accommodate three interest rate cuts this year, with Kate cuts...

22 May 2024

From: Breaking News

Tax - that’s why rents are rising so much

Propertymark has given its view on why private rents have risen so much - 6.1% in England, 7.0% in Wales and...

15 May 2024

From: Breaking News

Election Gimmick Stamp Duty Cut would trigger evictions - claim

A stamp duty cut in the run up to a General Election would see house prices go up and evictions soar,...

15 May 2024

From: Breaking News

Changes to Renters Reform Bill after Easter

The government has written to Conservative MPs promising changes to the Renters Reform Bill to ease concerns over its anti-landlord bias. Jacob...

28 March 2024

From: Breaking News

Banks Closing Pooled Client Accounts - agents urge government action

Propertymark is urging the government to tackle the problem of banks closing down undesignated or pooled client accounts of letting agents. HM...

13 March 2024

From: Breaking News

Build To Rent set to suffer from Hunt’s stamp duty changes

Chancellor Jeremy Hunt’s Budget is set to hit Build To Rent. The British Property Foundation is reacting to news that Multiple dwellings...

08 March 2024

From: Breaking News

National Insurance cut offers chance to identify tenancy fraud

Tenant reference and tech supplier The Lettings Hub claims 25 per cent of fraudulent documents submitted by would-be tenants were identified...

08 March 2024

From: Breaking News

PropTech sector gives a thumbs down to lacklustre Budget

The PropTech sector has mostly agreed with the rest of the industry in its view on yesterday’s Budget - that it...

07 March 2024

From: Breaking News

Chancellor reveals property tax change in Budget

The Chancellor has used his Budget to confirm a 2p cut in National Insurance, from April 6. This will take it...

06 March 2024

From: Breaking News

Business Rates - Agency warns Hunt he has last chance to get them right

The Chancellor has one last chance to come good on the election promise of lowering the burden of business rates –...

06 March 2024

From: Breaking News

Rental Sector Tax Grab - leading agency boss speaks out

A figure in one of the country’s highest profile lettings companies has hit out at a government proposal to penalise the...

05 March 2024

From: Breaking News

Nationwide demands four tax changes to help the private rental sector

Nationwide has taken the unusual step of using its buy to let lending arm - The Mortgage Works - to make...

05 March 2024

From: Breaking News

Tax Grab - rental sector may not be viable warns Propertymark

The chief executive of Propertymark has made an outspoken attack on the government in response to its latest attempt to extract...

04 March 2024

From: Breaking News

Tax Raid planned on rental sector in Budget - report

The Budget on Wednesday will contain a £300m tax raid on the rental sector according to a report this morning -...

03 March 2024

From: Breaking News

HMRC rakes in hundreds of millions more in property-related tax

HM Treasury raked in £6.3 billion in inheritance tax receipts in the 10 months from April 2023 to January 2024 according...

23 February 2024

From: Breaking News

Stamp Duty slump is a pre-Budget blow for Chancellor

Stamp duty receipts dipped four per cent to £2.4 billion in Q3 of last year - no less than 25 per...

01 February 2024

From: Breaking News

Budget 2024 - Just days left for agents to send ideas to Jeremy Hunt

Agents who want to put their arguments for lettings fiscal reform to the Chancellor have until 5pm next Wednesday to submit...

19 January 2024

From: Breaking News

Local Housing Allowance - call for even more help for low-income renters

Low-income renters will get a boost next spring - but a pressure group wants more government help for this sector. The Chancellor’s...

12 December 2023

From: Breaking News

Hunt’s lack of support for rental sector still subject of criticism

Last week’s Autumn Statement - which fell short of expectations in terms of help for the private rental sector - is...

27 November 2023

From: Breaking News

Data Predicts Bumper Christmas Lead Bonus For Agents Who Continue Marketing

Attention estate agents: if you're looking for a bumper Christmas bonus, then maintaining your marketing spend throughout December might just be...

24 November 2023

From: Sponsored Content

Tax and Benefit Changes announced to impact housing market

Chancellor Jeremy Hunt has used his Autumn Statement to reveal measures affecting both the rental market and the wider property industry.  The Local Housing...

23 November 2023

From: Breaking News

Big rise in tax receipts as Chancellor ponders Autumn Statement

Inheritance Tax totalled £4.6 billion for the HM Treasury between April and October - that’s £500,000 up on the same period...

22 November 2023

From: Breaking News

Business Rates - ‘last chance for government to help High Street’

A prominent agency says tomorrow’s Autumn Statement is the Chancellor’s last chance to come good on the election promise to lower...

21 November 2023

From: Breaking News

Homelessness surge means Chancellor must invest in rental sector - call

New figures have shown that 2,086 people were found to be sleeping on London’s streets for the first time between July...

07 November 2023

From: Breaking News

Pooled Client Accounts - Government admits problem with banks

It looks as if the government is accepting that there is a problem with how banks treat Pooled Client Accounts -...

09 October 2023

From: Breaking News

Want to give advice to Chancellor Jeremy Hunt?

The Autumn Statement on November 22 is the traditional vehicle for the Chancellor to introduce tax change - but now you...

27 September 2023

From: Breaking News

Agents demand incentives to make EPC improvements

Propertymark is backing a call for financial help for landlords who improve the energy efficiency of their properties. The think tank E3G...

04 September 2023

From: Breaking News

Client Account Closures - Chancellor urged to stop banking madness

The Chancellor, Jeremy Hunt, is being urged to act now to stop the problems banks are creating for letting agents. Following a...

08 August 2023

From: Breaking News

Mortgage Mayhem: will six months breathing space stop housing crash?

Concern remains that the mayhem surrounding the mortgage market may yet trigger a housing market crash. At the start of the weekend...

26 June 2023

From: Breaking News

Chancellor’s Crisis Meeting - pleas for rental help mount

Chancellor Jeremy Hunt is today charing a crisis meeting of mortgage lenders, as calls mount for him to take action to...

23 June 2023

From: Breaking News

Shock interest rate decision by Bank of England

The Bank of England has announced its latest change in base rate, which is used by most lenders to determine interest...

22 June 2023

From: Breaking News

Agent tells Gove: cease attacks on private rental sector

A prominent lettings agent in the north of England has written to Housing Secretary Michael Gove urging him to cease attacking...

22 March 2023

From: Breaking News

Shelter angry at Hunt’s ‘nothing about housing’ Budget

Campaigning charity Shelter is angry with Chancellor Jeremy Hunt over his Budget  While most in the property industry have expressed relief that there...

16 March 2023

From: Breaking News

Tax incentives for rental sector - top agent’s plea to Chancellor

A prominent agent and former RICS residential chairman has made an impassioned plea to the government to help the private rental...

14 March 2023

From: Breaking News

Prominent agent slams Tories for damaging supply of homes

The government must focus on measures in next week’s Budget that will boost significantly the supply of homes, according to lettings...

09 March 2023

From: Breaking News

Will Chancellor Hunt’s Budget dare help the rental sector?

A prominent lettings agency chief wants a raft of measures to help the private rental sector and investors in next week’s...

08 March 2023

From: Breaking News

Energy support for agencies and other firms to be cut from April

The government is, as expected, scaling back support for businesses with energy bills from April. Under the new and less expensive scheme,...

10 January 2023

From: Breaking News

Jeremy Hunt fires starting gun on next spring’s Budget

The next Budget, setting out government tax and spending plans, will be held on March 15 next year. Chancellor Jeremy Hunt says...

23 December 2022

From: Breaking News

CGT tax change - It could have been worse, say agents

Just about every agency that has commented on yesterday’s Autumn Statement are in agreement - changes to Capital Gains Tax, Inheritance...

18 November 2022

From: Breaking News

Rental Sector hit by surprise Capital Gains and Stamp Duty tax changes

Chancellor Jeremy Hunt has delivered his long-awaited Autumn Statement - the fiscal event which he says will lead to “all of...

17 November 2022

From: Breaking News

Tax turmoil to dominate Autumn Statement warns leading agency

One of the country’s most respected lettings agencies says tax is dominating the agenda ahead of Thursday’s Autumn Statement from Chancellor...

15 November 2022

From: Breaking News

HMRC’s Tax Threat to rentals slammed by agency chief

A holiday lettings agency has criticised the proposed rise in capital gains tax which may be introduced this week in the...

14 November 2022

From: Breaking News

Property stealth taxes to be major part of next week’s Budget

The Financial Times has an exclusive saying allowances on property taxes such as Capital Gains and Inheritance will be frozen -...

08 November 2022

From: Breaking News

Interest Rate Rise - lettings sector braced for bad news

There’s widespread concern that the Bank of England’s monetary policy committee, which meets tomorrow, is to unveil a 0.75 per cent...

02 November 2022

From: Breaking News

Sunak is new PM - here's what we know about his housing policies

Rishi Sunak has won the Conservative leadership campaign and is set to become Prime Minister tomorrow. Over the summer Sunak set out...

24 October 2022

From: Breaking News

Agents welcome Hunt tax change - but who knows what’s coming?

Propertymark’s chief executive Nathan Emerson has welcomed the dramatic government U-turn on taxes - but most importantly has retained the stamp...

18 October 2022

From: Breaking News

Stamp Duty - Chancellor Hunt reveals what happens next

The new Chancellor, Jeremy Hunt, says the limited cut in stamp duty in England and Northern Ireland announced in the mini-Budget...

17 October 2022

From: Breaking News

Welcome Jeremy Hunt - will he last long enough to do anything?

The new Chancellor, Jeremy Hunt, has been welcomed by the agency establishment - even though some may be wondering how long...

17 October 2022

From: Breaking News

Truss confirms Corporation Tax U-turn

As expected there has been another substantial U-turn by Prime Minister Liz Truss. A few minutes after sacking her former Chancellor Kwasi...

14 October 2022

From: Breaking News

No major rental reform debate at Tory Party conference

There appears to be no space for discussion on the government’s private rental sector reform policies at the Tory Party conference...

30 September 2022

From: Breaking News

Stamp Duty change does nothing to help rental sector - claim

The euphoria caused by the stamp duty cuts announced just before the weekend has given way to a realisation that they...

26 September 2022

From: Breaking News

Stamp Duty Cuts take effect immediately

Chancellor Kwasi Kwarteng has announced that stamp duty will be cut.  In future there will be no stamp duty on the first...

23 September 2022

From: Breaking News

Interest rate rise announced by the Bank of England

The Monetary Policy Committee of the Bank of England has agreed to raise interest rates by 0.5 per cent to 2.25...

22 September 2022

From: Breaking News

Interest Rate Rises and Tax Cuts - a crunch week ahead

This is a crunch week for the UK economy - and likely the housing market too - with a meeting of...

20 September 2022

From: Breaking News

Tory duo warned not to delay rental reform - key supplier speaks out

A prominent trade body is warning Tory leadership candidates not to put rental reform on the back burner and add to...

03 August 2022

From: Breaking News

Question mark over rental reform as housing ministers quit

If housing really is seen by Prime Minister Boris Johnson as one of his key policy goals, there must be uncertainty...

07 July 2022

From: Breaking News

Tax Consultation - only days left for agents to respond

There’s just a week left - including the long Jubilee celebration period - for agents to respond to a major property tax...

30 May 2022

From: Breaking News

Generation Rent claims economy stacked against private tenants

The leader of the Generation Rent campaign group has accused Chancellor Rishi Sunak of “stacking the economy against private renters who...

28 March 2022

From: Breaking News

Agents welcome energy efficiency VAT help for rental sector

There’s been a broad welcome from letting agents to the Spring Statement not loading more tax or restrictions on buy to...

24 March 2022

From: Breaking News

57 varieties as national agency opens its latest branch

Chancellors Estate Agents is opening its 57th branch early in the New Yesr. The office is in central Basingstoke and will offer...

29 December 2021

From: Breaking News

Petition to close property tax loophole still short of target

A petition calling on Chancellor Rishi Sunak to increase tax on holiday lettings has still not hit its 45,000-signature target. Former long...

23 November 2021

From: Breaking News

Bailiff-enforced evictions suspended over Christmas season

It’s understood there will be a Christmas truce with tenants not enduring bailiff-enforced evictions between December 13 and January 10. HM Courts...

12 November 2021

From: Breaking News

Average rents dip from last month but still showing big annual hike

HomeLet says the average rent in the UK is now £1,059, down a modest 0.2 per cent from a month ago. However, the...

02 November 2021

From: Breaking News

Industry anger as Budget ignores private rental sector

All sides of the industry have expressed anger and frustration that yesterday’s Budget effectively ignored the private rental sector. ARLA Propertymark’s policy...

28 October 2021

From: Breaking News

Agency head tells Sunak - stop hammering the private rental sector

The head of a lettings agency has drawn up a wish list for Chancellor Rishi Sunak to address in his Budget...

14 October 2021

From: Breaking News

Warning to government - fix rental sector or face stock drought

The lettings agents’ group Propertymark has told Chancellor Rishi Sunak that unless the private rented sector is overhauled many landlords will...

07 October 2021

From: Breaking News

Labour to review tax reliefs applying to private rental sector

Shadow Chancellor Rachel Reeves has told the Labour Party conference that if her party wins the next General Election she will...

28 September 2021

From: Breaking News

Potential ‘cliff edge’ for renters and landlords as furlough winds up

Private tenants and landlords across the country face a cliff edge as the end of furlough coincides with cuts to benefit...

21 September 2021

From: Breaking News

Chancellor urged to encourage landlord investment in rental sector

The chancellor Rishi Sunak has been urged to make it more attractive for landlords to invest in the private rental sector. Sunak...

14 September 2021

From: Breaking News

Demand at five year high thanks to Covid relaxation - trade group

Demand for private rental housing is now at a five year high according to the National Residential Landlords Association. In the association’s...

23 August 2021

From: Breaking News

 Activists want HMRC to remove tax perks from holiday lets

Baroness Alicia Kennedy, director of the Generation Rent campaign, says rents in Wales, Scotland and South West England have soared thanks...

18 August 2021

From: Breaking News

Tax Take: Petition for Sunak to close holiday lets tax loophole

A tenant who says his former rental property has been turned into an Airbnb has set up a petition demanding Chancellor...

06 August 2021

From: Breaking News

Large independent signs exclusive PropTech deal for two years

The independent Chancellors agency chain has signed an exclusive contract to use The Lettings Hub pre-tenancy platform BOX for the next...

27 July 2021

From: Breaking News

Agency apologises following office protest by activists

A lettings agency has apologised after a campaign by activists about the condition of a rental property it manages. Protesters outside the...

13 July 2021

From: Breaking News

Labour’s new housing chief wants to work with Tories to scrap S21

Labour’s Lucy Powell, the party’s new housing spokesperson, says she wants to work with the Conservatives to scrap Section 21 eviction...

02 June 2021

From: Breaking News

Activists slam “reckless” end to eviction ban after 15 months

The head of the tenants’ campaign group Generation Rent has condemned the government as “reckless” for ending the eviction ban on May...

13 May 2021

From: Breaking News

Activists stage DSS protest outside agency office

Activists from the Acorn renters' campaign group have held a protest outside a branch of Chancellors in Oxford. The group says the...

04 May 2021

From: Breaking News

Blow to lettings sector as Green Homes Grant axed

The initiative which the government hoped would transform energy efficiency in the private rental sector is being axed this week. The Green...

29 March 2021

From: Breaking News

Buy To Let and Build To Rent win big investment despite pandemic

Some £3.5 billion of investment was placed in the growing Build To Rent sector in 2020, despite concerns over the pandemic...

11 March 2021

From: Breaking News

Yet another Eviction Ban extension - and then it will 'taper off'

The government has announced a further extension to the current ban on bailiff-enforced evictions in England until May 31. At that point...

10 March 2021

From: Breaking News

Shelter hits out over “window dressing” policy for tenants

Campaigning charity Shelter has criticised Chancellor Rishi Sunak for allegedly leaving “far more people on the brink of homelessness than homeownership.”  Chief...

09 March 2021

From: Breaking News

Rightmove’s David Cox to discuss Pets and Budget fallout for lettings

Rightmove’s David Cox - formerly of the Association of Residential Letting Agents - is to talk through the Budget fallout for...

09 March 2021

From: Breaking News

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