78% of residential landlords understand what the changes to mortgage interest tax relief involve, as confidence grows in the buy-to-let sector. As landlords gain clarity over what their obligations are in the wake of tax changes affecting the buy-to-let sector and explore their options in an effort to protect their profits, confidence levels are rising. […]
78% of landlords grasp implications of changes to tax relief Read More »
The property industry was loud in its calls for stamp duty reform in the run up to the Spring Budget, but Chancellor Philip Hammond made no mention of stamp duty in his speech. In fact, property and housing market issues were not addressed at all by the Chancellor, in what will be the final Spring
No plans to reform stamp duty yet Read More »
Belgravia began to be developed in 1824 by Thomas Cubitt (The Thomas Cubitt pub is named in his honour). Prior to this date, the land was mainly farmland and prone to flooding. After making his fortune by developing Belgravia, he turned his attentions to the south of Belgravia, referring to this development as South Belgravia.
Why Pimlico offers excellent residential investment opportunities Read More »
Buy-to-let property is still in demand, despite the introduction of a wave of measures designed to subdue the market. According to new figures, the number of second homes being purchased which are affected by stamp duty increased to 62,800 in the final quarter of last year, more than each of the previous two quarters. An
Landlords still adding to property portfolios despite stamp duty Read More »
[vc_row][vc_column][vc_column_text] 2016 has been a roller coaster year for us all. In the first quarter, the cooling of the Chinese economy had its knock-on effect on a global scale. The EU referendum campaign – which seemed to go on and on – created a sense of suspended animation across the UK between April and June.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]We
Is Pimlico the new property hotspot? Read More »
[vc_row][vc_column][vc_column_text] Brexit hasn’t exactly caused the property market chaos which was predicted. Uncertainty resulting from the vote to leave the EU in June has created ripples in the property market on both a national and local level, but the market in 2016 has shown resilience in being able to withstand economic uncertainty. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]So what has
Our look back at the 2016 property market Read More »
Those hoping for stamp duty reform to be a main feature of the new Chancellor’s Autumn Statement have been left disappointed. Despite loud voices in the industry calling for stamp duty hikes to be either amended or abolished, the Chancellor made no reference to stamp duty at all. There is to be no change to
Chancellor fails to even mention stamp duty reform in Autumn Statement Read More »
The Royal Institution of Chartered Surveyors is calling on Chancellor Phillip Hammond to reverse the 3% stamp duty surcharge the government imposed on second homes in April. After a surge in buy-to-let and investment sales in the first part of the year, the RICS says that a net balance of 58% of estate agents have
Call to scrap extra tax on investment property Read More »
The number of new homes under construction in central London has fallen for the first time since 2012, according to new research. An analysis of new units started in the capital shows that in the first six months of 2016 just 3670 new homes were under construction compared with 8750 in the final six months
Homebuilding slows down in central London Read More »
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