Archive

The incoming Labour government has a social mandate to support the next generation of homeowners in the UK, says financial PropTech...

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

Housing minister Lee Rowley will be taking centre stage at the largest property agency conference in the UK this summer, Propertymark...

An amendment is expected to be made by the government to its Leasehold and Freehold Reform Bill. The Bill, put forward by...

What appears to be another government housing policy U-turn - this time on ground rents - is being hailed as “a...

A think tank is urging the UK government to consider tax perks for private renters to help them save faster for...

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

An umbrella group called London Councils has expressed “extreme concern” at the government’s decision to stop letting local authorities keep money...

A Parliamentary committee has heard that thousands of small and medium-sized letting agencies were debanked in 2023, with financial institutions forcibly...

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

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

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

Prominent MPs from the Conservative and Liberal Democrat parties have renewed their onslaught on Airbnb and other short let platforms.  Former Lib...

Figures released by HMRC show that the Treasury raked in £5.7 billion in inheritance tax receipts in the nine months from...

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

The latest figures from HM Revenue and Customs show that inheritance tax receipts increased to £5.2 billion in the eight months...

All eyes are on HM Treasury this week ahead of the next inflation figures, to be released on Wednesday morning. Analysts suggest...

The shareholders of OnTheMarket have reached their decision on the portal's controversial takeover by CoStar.  A statement released this afternoon says: "The...

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

A client account is essential to your lettings business, but the rules and regulations you need to follow to keep this...

A government minister has pledged to act on the threat to lettings agents posed by banks acting against pooled client accounts. Many...

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

Propertymark has responded to an HM Treasury consultation on anti-money laundering processes - and in doing so it’s slammed “heavy handed...

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

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

HM Treasury has published a consultation on reform of the anti-money laundering supervisory system, giving four options. Currently the supervisory system is...

Propertymark has put forward a six-point plan to slash economic crime in the property sector. The trade body says a series of...

Propertymark has renewed its call for Local Housing Allowance  - which has remained static since 2020 - to be increased. It says...

A Conservative MP in a tourist region has blamed the switch of rental accommodation to Airbnbs for a shortage of places...

Propertymark says banks are still misinterpreting Anti-Money Laundering rules regarding pooled client accounts, making life difficult for letting agents.  The trade body...

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

Mortgage experts appearing before a committee of MPs have given an especially gloomy forecast for the buy to let sector in...

As the Rishi Sunak government’s lower ranks finally take shape, the junior ministers working with Housing Secretary Michael Gove have been...

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

Propertymark is urging lettings agents to familiarise themselves with recent updated guidance to avoid falling into non-compliance. The trade body says updated...

New research commissioned by the landlords’ trade body shows that the UK needs almost 230,000 new private rented homes a year...

HM Revenue & Customs officers are paying short-notice visits on letting and estate agents to check on their anti-money laundering compliance,...

ARLA Propertymark has launched a radical programme of reform for the private rental sector - getting in before the government’s own...

The government says it’s finalising plans for a new tax regime to apply to additional homes, and in particular those used...

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

ARLA Propertymark is calling on the government to properly fund local authorities so they can combat rogue operators in the private...

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

Baroness Alicia Kennedy has accused the government of hypocrisy over its diverging approach to evictions for commercial and residential tenants. On Wednesday...

The government has surprised observers by announcing that compulsory mediation over Covid-related arrears would happen in the commercial sector - but not...

The government has surprised observers by announcing that compulsory mediation over Covid-related arrears would happen in the commercial sector - but not...

There are just two weeks left for letting agents to register with HM Revenue & Customs if they want to be...

The government has admitted that “hundreds of thousands” of people will use the new Breathing Space system, during which they cannot...

Letting agency My Property Box is moving into property sales as part of a significant expansion of its business. The decision follows...

The lettings sector is giving a sigh of relief at the absence of any change to Capital Gains Tax by HM Treasury. CGT...

A leading PropTech expert says the lettings industry hopes next week’s Budget will provide clarity on taxes - but he’s also...

ARLA Propertymark has reiterated its demand for the government to give financial support to the private rental sector. In its submission to...

A prominent agent and industry commentator says the threat of higher Capital Gains Tax risks forcing yet more investors to quit...

ARLA Propertymark says there has been a breakthrough on the banking clampdown on pooled client accounts - a pain in the...

Rogue landlords have been accused of tax evasion which could cost the Treasury as much as £1.73 billion a year. The accusation...

The National Residential Landlords Association is giving the thumbs up to the government’s Green Homes Grant, which it claims has taken...

Propertymark is the latest industry body to warn the government against Capital Gains Tax changes that may disincentivise landlords. A joint statement...

Chancellor Rishi Sunak has requested a review of Capital Gains Tax rules from the Office for Tax Simplification - leading to...

ARLA Propertymark has set out its concerns over draft guidance on anti-money laundering produced by a body called the Joint Money...

A trade group’s submission to the Treasury ahead of next month’s Budget includes a call for the new Chancellor to slash...

There’s still life in the buy to let market despite the regulatory and financial changes in recent years according to a...

[Letting Agent Today was ‘off air’ for some of Wednesday and most of Thursday thanks to technical problems - we apologise to...

A damning report on taxation in the private rental sector (PRS) has accused the treasury of appearing not to understand 'the...

Income tax paid by buy to let landlords now exceeds £3.8 billion annually – that’s more than double Tesco’s entire annual...

A newspaper claims landlords who ‘game’ the current tax regime for short term lets and lodging may be in the firing...

There has been limited support given from some parts of the lettings industry to a proposal offering Capital Gains Tax relief...

Media speculation over the weekend has suggested that the government may be about to give tax breaks to landlords agreeing to...

Reports have emerged this week that the government is planning a U-turn on its proposals to introduce mandatory three-year minimum tenancies...

The government should be more ambitious when it comes to ensuring the private rented sector becomes increasingly energy efficient. That’s the message...

A newspaper in warning that the beleaguered buy to let sector may be under attack yet again with the government considering...

The government has suggested that it is at least considering changing the terms of its Rent A Room system which could...

A prominent PropTech startup is questioning whether long-term tenants need to go through the traditional referencing process when moving between rental...

The government has responded to a petition calling for it to abolish the 3% stamp duty surcharge and reintroduce full buy-to-let...

Time to put the gloom and doom about buy to let to one side - a new analysis shows that a...

The government says that later this year it will allocate a further £1.4m to PropTech firms looking at how tenants’ rent...

An agency operating in London and Essex has launched an online petition to oppose the ban on credit and debit card...

The Treasury has confirmed to Letting Agent Today that the ban on credit card surcharges which came into effect in recent...

The UK’s army of buy to let landlords will still benefit from £16.7 billion worth of tax relief even after the...

A trade body says the expanding Build To Rent sector will never be large enough to meet tenant demand and as...

The National Landlords’ Association appears to be first off the starting blocks with its submission to government ahead of the next...

Now you have a rare opportunity to tell Phillip Hammond and Treasury civil servants exactly where they are going wrong with...

Far from being wealthy property investors, two thirds of individual landlords pay merely the basic rate of income tax according to...

Conservative peer Lord Flight, a former shadow Chief Secretary to the Treasury, says the UK needs “a vibrant and growing private...

Some 1,500 landlords have responded to a trade group’s campaign calling for them to press General Election candidates to oppose changes...

As the new restrictions on landlords’ mortgage interest tax relief come into effect this week, ARLA Propertymark has restated its objections...

The Association of Residential Letting Agents is keeping up its campaign against a ban on agents’ fees in England by showing...

Chancellor Phillip Hammond has introduced no new property taxes in his Spring Budget - but a clampdown on those setting up...

The Residential Landlords Association (RLA) is writing to the Office for Budget Responsibility asking it to provide clarification on controversial tax...

The Chartered Institute of Housing wants the government to introduce a raft of new measures including significantly greater regulation of letting...

A trade group has commissioned a firm of economists to look at how the government’s mortgage interest tax relief change -...

The National Landlords Association is making only three demands on the government for its next Budget, because it recognises further reforms...

The government has published a new set of guidelines for organisations, companies and individuals to lobby the Treasury ahead of the...

A Labour MP has told the House of Commons that she is in favour of a tax regime that would reward...

There is a new warning from the Bank of England suggesting that - despite all the recent measures aimed against buy...

The Financial Times reports that the Bank of England is questioning buy to let mortgage lenders and banks as part of...

The National Landlords Association has launched an e-postcard campaign for letting agent and landlord members to lobby the government over the...

The Residential Landlords’ Association has revealed that it is to meet with Treasury officials ahead of next month’s Autumn Statement -...

A senior Conservative peer has renewed his attack on his own party over the buy to let tax grab on landlords,...

Labour’s respected housing expert, John Healey, is now back on the front bench as the party’s housing spokesman after a spat...

Any lingering hope that the buy to let sector might have of a rethink by the new Chancellor over restructuring mortgage...

The Residential Landlords Association is asking the Welsh Assembly to scrap the three per cent stamp duty surcharge imposed on buy...